Obamanomics: Macy’s to close stores and cut more than 10,000 jobs

 While the left, especially President Obama himself, spreads the lie that the economy is doing great, Macy’s is to cut 10,000 jobs. So, Macy’s, how are Obamanomics working for you? Barack Obama is supporting efforts by liberal state legislators across America to raise the minimum wage to $15/hour. This is additional pressure that America’s struggling […]

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Obama Set Up The Next President For A Major Recession… And A Giant Crash Is Coming

As SHTFPlan.com’s Mac Slavo points out…  The past many months have carried a lot of noise about the coming crash, about a tipping point that may be fast approaching. The economics are simply giving way, and they can’t hold the illusion forever. Now that Donald Trump will be calling the shots, the money powers can […]

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We Are Being Set Up For Higher Interest Rates, A Major Recession And A Giant Stock Market Crash

By Michael Snyder Since Donald Trump’s victory on election night we have seen the worst bond crash in 15 years.  Global bond investors have seen trillions of dollars of wealth wiped out since November 8th, and analysts are warning of another tough week ahead.  The general consensus in the investing community is that a Trump […]

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The US Real Estate Bubble 2.0

To make outsized returns or avoid some nasty losses in investing, you have to go against the grain. There are few people who live that principle more than Reggie Middleton, the CEO of fintech (financial technology) company Veritaseum. On his independent research website BoomBustBlog, he called the demise of Bear Stearns, Lehman Brothers, and BlackBerry […]

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“We Haven’t Seen This Since The Great Depression” – Gallup CEO Destroys The “Recovery” Lie

By Jim Clifton, Chairman and CEO at Gallup The Invisible American I’ve been reading a lot about a “recovering” economy. It was even trumpeted on Page 1 of The New York Times and Financial Times last week. I don’t think it’s true. The percentage of Americans who say they are in the middle or upper-middle […]

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Sales of million-dollar homes swoon

Diana Olick Sales of million-dollar homes are softening. It’s not a correction, experts caution, just something of a breather brought on by volatility in the U.S. stock market and an oversupply of luxury homes. Sales of homes priced above $1 million fell 4 percent in July from a year ago, according to the National Association […]

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