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The Robots Are Coming, And They Are Going To Take Over Millions Of Jobs

Posted by George Freund on January 16, 2020 at 12:35 PM



January 13, 2020 by Michael Snyder


When we get to a point where literally just about everything can be done more cheaply and more efficiently by robots, the elite won’t have any use for the rest of us at all. For most of human history, the wealthy have needed the poor to do the work that is necessary to run their busin...

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"Massive... Huge... Largest Ever": Fed Will Flood Market With Gargantuan $500 Billion In Liquidity To Avoid Year-End Repo Crisis

Posted by Conspiracy Cafe on December 14, 2019 at 4:25 PM


by Tyler Durden


Fri, 12/13/2019 - 05:44

 

In previewing today's Fed statement regarding repurchase operations, on Tuesday Curvature Securities repo expert Scott Skyrm said that he expects the Fed to announce a $50 billion (at least) term operation for Monday December 23 (doub...

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Global Debt Is Up To $188,000,000,000,000 - This Is Officially The Biggest Debt Bubble The World Has Ever Seen

Posted by George Freund on November 12, 2019 at 9:55 AM


November 7, 2019 by Michael Snyder


The world is now 188 trillion dollars in debt, and that number continues to grow rapidly each year. It is a form of enslavement that is deeply insidious, because most of those living on the planet do not even understand how the system works, and even if they did most of them would have absolutely no hope of ever getting fr...

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We Haven't Seen A Manufacturing Slowdown Like This Since The Last Financial Crisis

Posted by George Freund on November 10, 2019 at 2:25 PM



November 5, 2019 by Michael Snyder


This isn’t what was supposed to happen. According to the economic optimists, there was going to be a great “manufacturing renaissance” as America entered a wonderful new golden age of boundless prosperity. But of course that is not what has happened. Manufacturing activity has been declining for the past three months, and all ac...

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The Deutsche Bank Death Watch Has Taken A Very Interesting Turn

Posted by George Freund on November 10, 2019 at 2:20 PM


November 5, 2019 by Michael Snyder

The biggest bank in Europe is in the process of imploding, and there are persistent rumors that the final collapse could happen sooner rather than later. Those that follow my work on a regular basis already know that this is a story that I have been following for years. Deutsche Bank is rapidly...

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Microsoft Shares Surge After Controversial Pentagon Contract Win

Posted by George Freund on October 29, 2019 at 12:00 AM



Dina Bass Bloomberg October 28, 2019


(Bloomberg) -- Microsoft Corp. shares surged after the company scored a major victory in securing a milestone, $10 billion Pentagon contract for cloud computing services. But the contract -- unthinkable for Microsoft even a year ago -- will likely come at a cost, legal and internal.


Amazon.com Inc., the...

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Bahamas Hurricane Dorian death toll will be 'staggering': THOUSANDS are still missing as bodies pile up and militias are formed to stop looting

Posted by George Freund on September 6, 2019 at 8:30 AM


The Bahamas are facing a humanitarian crisis in the wake of Hurricane Dorian as at least 70,000 people are in need of 'life-saving assistance' and the death toll, which reached 30 on Thursday, is expected to climb. Aliana Alexis, of Haiti, stands in the wreckage of her home in a shantytown called The Mudd at Marsh Har...

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A Critical Threshold Has Just Been Crossed, And Things Will NEVER Be The Same Again...

Posted by Conspiracy Cafe on August 25, 2019 at 6:20 PM



August 23, 2019 by Michael Snyder


Just when things seemed to be settling down a little bit, our conflict with China has suddenly escalated to a dangerous new phase. This is not simply just a “trade war” any longer, and our relationship with China will never be the same again. As you will see below, President Trump just referred to Chin...

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In The U.S., A Transportation Recession Has Already Officially Arrived

Posted by George Freund on August 19, 2019 at 5:20 PM


August 18, 2019 by Michael Snyder


A transportation recession often precedes a recession for the entire economy, and while the debate about when the U.S. economy as a whole will plunge into a recession is quite vigorous right now, the truth is that the debate is over regarding when a transportation recession will begin. Throughout 2017 and most of 2018, U.S....

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