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 | Mac Slavo - ShtfPlan |
 A North Korean EMP Attack Can Create 90+ Fukushimas in the U.S. |
| First, a salute to All News Pipeline, where Stefan Stanford and Susan Duclos have been continuously releasing letters written by Dr. Peter V. Pry, the foremost American expert on the EMP (Electromagnetic Pulse) threat against the U.S. Please visit All News Pipeline and read the latest two articles by Dr. Pry regarding North Korea’s definitive nuclear threat to the U.S., a threat the Mainstream Media (MSM) are either ignoring or downplaying: the former due to narcissistic arrogance, and the latteTuesday, December 12, 2017 |
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 | James Howard Kunstler |
 No Joy in Trumpville |
| I took advantage of the calm before the storm, to pay a visit on Saturday to my hometown, Trumpville, a.k.a. Manhattan. My college buddy had a son who was acting in an off-Broadway play (closing night, so don’t bother asking). The city I knew as a kid — which, frankly, I never liked very much — seemed as lost and far away as Peter Stuyvesant’s quaint Dutch colonial outpost did to me in 1962.
That lost city of my childhood was one in which a boy could breeze right into the Metropolitan Museum ofTuesday, October 10, 2017 |
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 | Mish - Global Economic Analysis |
| Pending Home Sales Dive: Economists Miss the Boat by Over 2 Percentage Points! |
| Pending home sales took a 2.6 percent dive this month vs an Econoday consensus estimate of a small 0.2 percent decline.
The entire polling range was -0.6% to +1.2% so the consensus estimate was off by 2.4 percentage points. Even the most pessimistic economist was two full percentage points too optimistic.
Don’t blame hurricanes. Pending sales were down in every region.
Existing home sales have been on the decline as signaled all along by the pending home sales index which is down a very steep 2Wednesday, September 27, 2017 |
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| Mish - Global Economic Analysis |
| Robot Caused Anxiety: Blame the Robots, Even for the Election |
| Robots are taking our jobs says the Brookings Institute.
This causes “Robot Anxiety“, but not everywhere, just in the Red states that swung the election to Trump.
Robots, it turns out, are congregating densely in some places but are hardly found in others. Specifically, the map makes clear that while industrial robots are by no means everywhere, they are clustered heavily in a short list of Midwestern and Southern manufacturing states, especially the upper Midwest.
More than half of the nationMonday, August 14, 2017 |
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| Mac Slavo - ShtfPlan |
| Scientists Discover New Fault Line Off The Coast Of Alaska – Could Produce Fukushima Size Tsunamis |
| Every region is associated with at least one type of natural disaster. If you live in the Midwest you have tornadoes to contend with, and in the South you have to worry about hurricanes. Folks in New England have to worry about snowstorms, and people who live in the West need to consider earthquakes and forest fires.
We take these facts for granted. We assume that certain places are in the path of specific disasters, and immune to others. That however, isn’t the case when it comes to tsunamis. ASaturday, August 5, 2017 |
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| Mish - Global Economic Analysis |
| Auto Time Bomb: Slowdown Coming Up, Manufacturing Has Peaked This Cycle |
| The Brookings Institute says Auto slowdown Flashes Caution Lights for Manufacturing Employment and Trump.
A switch to self-driving, trends towards electric, and a glut of used cars are all in the spotlight.
After seven years of strong growth following the 2008 economic crisis and federal bailouts of both General Motors (GM) and Chrysler, auto sector output and employment growth have slowed markedly from record levels. Years of catch-up purchases by car buyers have finally plateaued. Likewise, Thursday, July 13, 2017 |
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| Mac Slavo - ShtfPlan |
| Secret FEMA Report Warns Of Major Solar Storms: “Significant Power Grid Collapses May Occur… Could Require 4 to 10 Years To Fully Restore” |
| This report was originally published by Susan Duclos at AllNewsPipeline.com
FEMA: ‘The Threat Is Real’ – Unpublished Internal Report Warns 4-10 Years Without Electricity After Major Solar Storm
An unpublished internal FEMA report has finally been obtained via an FOIA (Freedom of Information Act) request, which highlights the extent of damage a major solar storm, what they call the “100 year geomagnetic storm,” would do to critical infrastructure in the U.S., including “Significant power grid coFriday, July 7, 2017 |
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| Mish - Global Economic Analysis |
| Housing Bounce: Prices Surge to New Record |
| New home sales bounced this month towards the top end of the Econoday range of estimates.
A bounce was widely expected after last month’s 11.4% contraction.
The big surprise was a surge in median sales price.
Housing is back on track following Wednesday’s strength in existing home sales and today’s very solid gain for new home sales which rose 2.9 percent to a 610,000 annualized rate that is near Econoday’s top estimate. The report also includes a sharp 24,000 upward revision to April which nowSaturday, June 24, 2017 |
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| Mish - Global Economic Analysis |
| Existing Home Sales Bounce 1, Time to Sell Hits New Low: “Happy and Relieved” |
| Housing, which had been showing considerable second-quarter weakness bounced slightly. That was enough to beat the Econoday consensus.
Housing has been sliding which adds importance to May’s very solid 1.1 percent rebound in existing home sales to a higher-than-expected 5.620 million annualized rate. Today’s report is mostly solid throughout and includes gains for single-family homes, up 1.0 percent to a 4.980 million rate, and also condos, up 1.6 percent to a 640,000 rate.
The sales gains did nWednesday, June 21, 2017 |
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| Mac Slavo - ShtfPlan |
| Trump Administration Warned: “Imminent Threat To US Nuclear Facilities” From ‘Wave Of Catastrophic Earthquakes About To Start” |
| This report was originally published by Stefan Stanford at AllNewsPipeline.com
Trump Administration Notified Of ‘Imminent Threat To US Nuclear Facilities’ From ‘Wave Of Catastrophic Earthquakes About To Start’
According to this May 12, 2017 press release from the International Earthquake and Volcano Prediction Center, President Donald Trump’s Secretary of Energy Rick Perry has been notified of an imminent threat to US nuclear facilities from a wave of catastrophic earthquakes that is about to sThursday, June 1, 2017 |
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 | Wolf Richter |
| Brick-and-Mortar Retail Meltdown Has a Busy Month |
| After years of asset stripping by private equity firms and hedge funds.
This morning, luxury handbag retailer Michael Kors Holdings, which had had stellar sales through 2014, revealed in its Q4 earnings report that it would close up to 125 retail stores and take a $125 million charge, to save $60 million this fiscal year.
Sales plunged 11.3% year-over-year in Q4, and the company lost $27 million, or 17 cents a share. It doused investors with a gloomy outlook for its fiscal year 2018, with revenuThursday, June 1, 2017 |
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| Mish - Global Economic Analysis |
| More Trapped Homeowners: Pending Home Sales Decline Again, Index Below 2016 Level |
| The pending home sales index, an estimate of existing home sales, has accurately provided the direction of the monthly home resale reports.
The survey is down for the second month, providing further evidence of a housing slowdown.
The Econoday consensus estimate was for the index to rise 0.5%. Instead, the pending home sales index declined 1.3%.
Spring sales data have not been favorable for the housing sector. Pending home sales are down for a second straight month, 1.3 percent lower in April tWednesday, May 31, 2017 |
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| Mish - Global Economic Analysis |
| Spring Housing Flop: Existing Home Sales Decline 2.3 Percent, Inventory Issues Persist |
| The widely expected Spring housing acceleration has turned into a big flop.
Yesterday, the Census Bureau reported new home sales declined 11.4% in April.
Today, the National Association of Realtors (NAR) reports existing home sales declined 2.3%.
The Econoday consensus estimate for existing home sales was 5.650 million seasonally adjusted annualized (SAAR) in a range of 5.530 million to 5.800 million units. The Census Bureau report came in at 5.570 million, barely above the low-end estimate.
Wednesday, May 24, 2017 |
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| Mish - Global Economic Analysis |
| Sherman County Oregon Threatens to Seize 2,000 Acre Organic Farm and Spray it with Roundup |
| Sherman County Oregon believes the 2,000 acre Azure Farms is not doing enough to control Canada Thistle, a noxious weed. In this case, not doing enough means not spraying weeds with herbicides.
To remedy the alleged problem, the county proposes seizing the farm and spraying everything with Roundup and other herbicides. Azure Farms is certified organic. Of course, organic farms cannot by definition use herbicides, so the farm would be forced out of business by the county government.
Adding insultTuesday, May 16, 2017 |
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| Mish - Global Economic Analysis |
| Earth Overshoot: How Sustainable is Population Growth |
| For decades people have been predicting overpopulation would wipe out energy resources if not the entire planet. Every year the population bomb and peak oil crowd have been proven wrong. But how long can the status quo of generating growth by population explosion last?
Every year the population bomb and peak oil crowd have been proven wrong. But how long can the status quo of generating growth by population explosion last?
Reader Rick Mills at Ahead of the Herd addresses the subject in a guest bThursday, May 4, 2017 |
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| Mish - Global Economic Analysis |
| Warmest February in Decades Spikes Pending Home Sales |
| Economists are crowing over a huge and unexpected spike in pending home sales. The Econoday consensus estimate was a rebound of 2.4% following the 2.8% decline in January. Instead, the index spiked 5.5%.
Major improvement can be expected for existing home sales in the March to April period based on February’s pending home sales index which jumped 5.5 percent to 112.3. This is well beyond the Econoday consensus which was already calling for a sizable 2.4 percent gain. This index tracks initial Monday, April 3, 2017 |
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| Graham Summer - Gains Pains & Capital |
Alibaba'a Jack Ma Drops a Redpill in Davos: The U.S. Wasted $14 Trillion on Wars Over the Past 30 Years  |
| And there it is, the unvarnished, raw, truth about how everything went wrong for middle class America.
Since the Vietnam war, more than 45 years ago, the US has embarked on a neocon strategy of war in an effort to build a global empire. The result of that strategy has left American infrastructure second rate, its school system in shambles, and its healthcare system a complete and utter joke.
Just imagine what America could've done with $14t of investable dollars, instead of waging wars.
AsThursday, January 19, 2017 |
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 | Ron Paul |
Trump's Promised 'New Foreign Policy' Must Abandon Regime Change for  |
| President-elect Donald Trump told a Cincinnati audience this week that he
intends to make some big changes in US foreign policy. During his "thank you" tour
in the midwest, Trump had this to say:
We will pursue a new foreign policy that finally learns from the mistakes
of the past. We will stop looking to topple regimes and overthrow governments.
...In our dealings with other countries we will seek shared interests wherever
possible..."
If this is really to be President TrumpMonday, December 5, 2016 |
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 | George F. Smith - Barbarous Relic |
| The Chairman's Halloween Surprise |
| What would happen if a man of integrity somehow became chairman of the Federal Reserve? In The Flight of the Barbarous Relic (2008) I tell what he might do. Here's how it begins:
PROLOG
The man approaching him in the August twilight was tall and thick through the chest, though nothing in his movements suggested a threat. He strolled with a hand slipped casually in his pants pocket, even stopping once to pick up a piece of litter and toss it in a nearby barrel. He could almost pass for oneWednesday, October 26, 2016 |
|
 | Tom DiLorenzo - lewRockwell |
| The Yankee Empire |
| Every society has a segment of its population that obsesses over totalitarian control of others. They are called “politicians” or “political activists.” (There are one or two exceptions, every now and then, such as former Congressman Ron Paul). These are people who just cannot stand the fact that many others prefer to live their own lives, abiding by the basic laws protecting life, liberty and property, and the moral codes that help to enforce such behavior. They just cannot stand the fact tSaturday, August 27, 2016 |
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