Conspiracy Cafe

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Argentina on brink of ECONOMIC MELTDOWN as inflation soars and peso plummets

Posted by George Freund on May 10, 2018 at 12:00 AM

Interest rates have been raised to 40 percent, with the peso falling sharply against the US dollar

ARGENTINA has turned to the International Monetary Fund (IMF) for a multi-billion pound rescue package, prompting fears throughout South America that the country’s economy is once again in crisis.

The talks come 17 y...

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Trump's Trade War - or "De-Globalization"?

Posted by Conspiracy Cafe on March 27, 2018 at 8:05 AM

By Peter Koenig

Global Research, March 13, 2018

President Trump’s bold ‘protectionist’ move of introducing import duties of 25% and 10% for steel and aluminum, respectively – and possibly more to come – may be more than just ‘populism’ and fulfilling a campaign promise. And why is the term ‘populism&#...

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The Budget-Busting $1.3 Trillion Spending Bill That Was Just Passed By Congress Is A Betrayal Of The American People

Posted by Conspiracy Cafe on March 24, 2018 at 11:55 AM

By Michael Snyder, on March 23rd, 2018

I don’t know if I even have the words to express how dis...

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Who Was Selling Stocks Last Week Before the Monday Rout?

Posted by Conspiracy Cafe on February 8, 2018 at 9:20 PM

by Wolf Richter Feb 7, 2018

And who was buying? Answers emerge.

The S&P 500 index hit an all-time high on January 26, which was a Friday. The following week, it started to fall, including a messy 2.1% selloff on Friday that brought the weekly loss to 3.8%, the worst such decline since the selloff that ended on February 7, 2016. So ...

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-1,175 Points! We Just Witnessed The Largest One Day Stock Market Crash Ever

Posted by George Freund on February 6, 2018 at 9:10 AM

By Michael Snyder, on February 5th, 2018

The mainstream media seems so surprised that the stock market is crashing, but the truth is that it isn’t a surprise at all. In fact, this crash is way, way overdue. If the Dow Jones industrial average fell another 10,000 points, stock prices would still be overvalued. I have been warning and warning and warning that th...

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Fed's QE Unwind Accelerates Sharply

Posted by Conspiracy Cafe on February 5, 2018 at 7:00 PM

by Wolf Richter • Feb 1, 2018

With a sense of urgency. No more dilly-dallying around.

The Fed’s balance sheet for the week ending January 31, released this afternoon, completes the fourth month of QE-unwind. And it’s starting to be a doozie.

This “balance sheet normalization” impacts two types of assets: Treasury securiti...

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-666 Points: We Just Witnessed The 6th Largest Single Day Stock Market Decline In U.S. History

Posted by Conspiracy Cafe on February 5, 2018 at 12:25 PM

By Michael Snyder, on February 4th, 2018

On Friday, the Dow Jones Industrial Average fell 666 points (665.75 points to be precise), and many are pointing out that this was the 6th largest single day crash that we have ever seen. This decline happened on the 33rd day of the year, and it was the worst day for the stock market by far since President Trump entered the White House. I have ...

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Ex-Google CEO 'very concerned' Russia and China may 'RULE the WORLD' with AI

Posted by Conspiracy Cafe on January 27, 2018 at 9:50 AM

FORMER Google chief Eric Schmidt has revealed he is "very concerned" Russia and China may use artificial intelligence to "rule the world".

By David Rivers / Published 25th January 2018

Daly Star Online was in the audience when Schmidt, 62, was discussing AI w...

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Are The Banksters Creating Their Own Cryptocurrency Called 'Utility Settlement Coin'?

Posted by George Freund on December 30, 2017 at 10:10 AM

By Michael Snyder, on December 26th, 2017

Independently-controlled cryptocurrencies such as Bitcoin, Ethereum and Litecoin may or may not survive in the long run, but blockchain technology is definitely here to stay. This technology has revolutionized how digital financial transactions are conducted, and it was only a matter...

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Some Are Calling This 'The Bitcoin Crash', But Others Believe It Is Just A Bump In The Road On The Way To $40,000

Posted by George Freund on December 30, 2017 at 10:05 AM

By Michael Snyder, on December 25th, 2017

Bitcoin, Ethereum, Litecoin and other major cryptocurrencies have been on a wild ride this year, and over the past 10 days the volatility that we have witnessed in the marketplace has been absolutely breathtaking. On December 17th, Bitcoin shot above $19,800 for a brief moment befo...

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