There is a classic denial tactic that many people use when confronted with negative facts about a subject they have a personal attachment to; I would call it “deferral denial” — or a psychological postponing of reality For example, point out the fundamentals on the U.S. economy such as the fact that unemployment is not below 4% as official numbers suggest, but actually closer to 20% when you factor in U-6 measurements including the record 96 million people not counted because they have run out of unemployment benefits. Or point out that true consumer inflation in the U.S. is not around 3% as the Federal Reserve and the Bureau of Labor Statistics claims, but closer to 10% according to the way CPI used to be calculated before the government started rigging the numbers. For a large part of the public including a lot of economic analysts, there is perhaps a momentary acceptance of the danger, but then an immediate deferral — “Well, maybe things will get worse down the road, 10 or 20 years from now, but it’s not that bad today…”
The Tories’ biggest-ever donor, who once gave the party £5 million ($6.6 million), says Theresa May is a “very bad prime minister” who is doing “very, very badly” […]
Police in Los Angeles have been accused of ‘heavily editing’ bodycam footage showing the arrest of a man who later died in custody. Read Full Article at RT.com Source: rt.com […]
US Federal Reserve is now included cryptocurrencies in the FRED database, this is their move to control the crypto market so it never competes with their currency. Manufacturing declines. Trump is now pushing tariffs on Europe and China, pushing the economy to the edge. Central banks are now pushing their agenda, they are now unwinding and raising rates at the same time into an economy that is fake. BoA doesn’t understand why people are running into tech stocks, last time this happened was the dot com bubble. IMF is now revising Europe’s global growth and they are blaming it on Italy and the BREXIT. Both sides are now battling it out. Strzok is now stripped of his security access. Comey and Lynch might be subpoenaed if Feinstein agrees. There is another pic floating around on Facebook showing a girl crying because she was separated from her mother, this turns out to be not true. Supreme court now says you cannot track people on their cell phones. Merkel and Macron are in trouble the rest of Europe is not going along with their plan. North and South Korea are reuniting families, North Korea began returning the remains of Americans. Syrian army launches offensive. Syrian army was attacked by moderate rebels, it is now being reported that FSA is now defecting to the Syrian Army. Assad says that he doesn’t think the US wants talks and they will never change from the past. This is the beginning stages of having peace talks and getting the troops out of Syria.
Please check Newzsentinel.com for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.
This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most observers crypto’s maturation, at least in the eyes of arguably the most important central banking institution in the world.
Federal Reserve Bank of St. Louis Adds Four Cryptos to its FRED Database
Online retailers are going to be hit with an online tax, this will not help the retail industry, it will only hurt it. US homes are less affordable and many first time buyers are being pushed out of the market. The Philly Fed crashed as did new orders. This is not a good sign. Russia has dumped US Treasuries and purchased more gold with its dollars it has received. The system is breaking apart and crashing all at the same time, the FED is pushing their narrative and they are hoping to keep control, this will be a fight to the end. Former Secret Service agent Gary Byrne has filed a lawsuit against the Clinton’s and other individuals. Mueller is having trouble with the Russia Concord Management company, Mueller has no evidence and he is stuck. There is a fake photo showing a child behind bars in an immigration detention center, this turns out to be a protest. Afghan government taken the ceasefire to the next level, 1 year ceasefire deal. Merkel is in Jordan and she says the world needs to stop Iran. US warship is returning home, this is the ship that carried out the attacks in Syria. Syrian army liberates approximately 463 square miles in Syria. Q drops more bread crumbs, says the deep state is planning riots, be prepared.
Please check Newzsentinel.com for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.
The US Supreme Court ruled today that states may require out-of-state online retailers to collect sales taxes on merchandise they sell in that state.The decision overturned its 1992 ruling – Quill Corp. v. North Dakota – that had blocked states from compelling retailers with no “physical presence” in that state to collect sales taxes. At the time, two years before Amazon was founded, the internet was dogged by “worldwide wait” dialup, and the idea consumers would buy everything from shoes to couches on the internet was remote.
Starbucks decides to close down 150 stores, if the economy is doing so well why are they contracting. The housing markets continues to decline, existing homes sales decline as prices and interest rates rise. This is not going to end well. Europe imposes tariffs on the US, China hits back, the strategy, break the globalists trade system. Fed Powell is trying to gain the narrative by telling everyone the economy is doing well, the Fed does not forecast inflation rising like in the 70’s, isn’t this what the Fed told back in 2008. Horowitz drops huge number of bombshells. New commander in Afghanistan says the battle against the IS is working. Senate blocks the sale of the F25 to Turkey. NATO is preparing new drills in Norway to provoke Russia. Iran says the nuclear deal might be over, Europe is not stepping up to the plate. Q drops more bread crumbs, confirms that Q is working with the President. Q then lays out the plan with Iran, explains how the deep state is panicking. The hammer is about to fall, the deep state is trapped, there is now way out.
Please check Newzsentinel.com for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.
At one time Starbucks was expanding more aggressively than anyone else, but now they have announced that they will be closing 150 stores…
the company released its most disappointing guidance in years, in which it not only announced it would shutter 150 underperforming stores, and slashed Q3 global comp store sales guidance from +3% to barely positive, ot +1%, but it also admitted that the growth phase is now over, “as the company now expects to return approximately $25 billion in cash to shareholders in the form of share buybacks and dividends through FY20” a $10 billion increase from the cash return target announced on November 2, 2017, and confirmation that NFLX can’t even come up $10bn in growth initiatives.
Permits plunge but starts surge on revised numbers. The data suggests a very rough future for housing. The corporate yield curve has inverted. The next recession is going to be horrific for those who are not prepared. We are now seeing indicator after indicator showing us that the economic system is breaking down very quickly. Russia and India bypass sanctions and deal in their own currencies. Russia is dumping US treasuries because they are protecting their reserves. Be prepared for the this transition because the hurt is coming. Horowitz releases the IG report and testifies in front of the committee. Horowitz releases bombshell after bombshell when testifying. The immigration is all over the corporate media they are distracting from the IG report. The administration is following the law that was setup before the President was in office, the entire DACA issue was created by congress and Obama during his presidency. The ceasefire is now over in Afghanistan, but the people want peace. Pompeo speaks to Lavrov about Syria. Q drop more bread crumbs, talks about the IG report, all the connections, the pain that is coming, who is connected and what is being investigated right now.
Please check Newzsentinel.com for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.
After April’s disappointing dip in starts and permits, and following an unexpected drop in homebuilder optimism (blamed on surging lumber prices, and therefore Trump), May was expected to see a modest rebound – but it didn’t work out that way.
It was a very mixed picture that paints an ugly scenario for what comes next…
The central bank released a report telling the world why cryptocurrencies can not be a currency, only the central bank can have a real currency, translation, they don’t want the public to realize that there is an alternative to their system. The Global Economy continues to decline, here in the US people are having a rough time renting homes. Next mortgage is on it’s way the the big banks are making sure that the shadow banking system is going to get hit. Russia and many other countries are dumping treasuries, so who is buying them. The global bond curve just inverted. How do you destroy the central banking system, destroy the currency. Paris is now putting up bullet proof glass around the Eiffel tower. US has a list of 47 demands for North Korea. DHS is warning of a cyber attack from NK. Afghanistan President is extending the ceasefire to the Taliban. Syrian opposition is working with the Syrian government on the new constitution. New false flag warning in al-tanf Syria. Q dropped more bread crumbs. These new bread crumbs cover the corruption, scams, lies and many other things, it is all about to hit the mainstream and its going to be like a nuke exploding.
Please check Newzsentinel.com for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.
A financial institution operated by the world’s central banks is taking aim at cryptocurrencies,
The document, titled “Cryptocurrencies: looking beyond the hype” and released by the Bank of International Settlements (BIS), explains the history behind the technology and analyzes whether it can truly creating a trustless form of money. As previously reported, the release precedes the organization’s full annual economic report, which will be published next week.
Canada subprime is much worse than everyone thinks, this is not going to end well. US auto production has collapsed. The push to take down the economy continues with tariffs on China and China penalizing the US. The party is over QE is coming to an end, the Fed is raising rates and unwinding the economy will not be able to survive this and the central bank knows this, this is how they are trying to control the narrative. George Soros buys stock in the NY Times and other publications, looks like he wants to control the propaganda. US resumes funding the White Helmets, the question is why now. Russia is reporting that the deep state is preparing another false flag in Syria, is this a coincidence or planned. The IG report has been released, this report is the modified heavily redacted report. Q has told us the people must demand the unredacted reports a petition has been started and it is located here.
Please check Newzsentinel.com for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.
I realized that people aren’t lying when they say Canadian real estate is nothing like the US in 2006. Canadians just don’t understand what happened during the US subprime crisis. They also don’t really understand subprime lending is alive and well in Canada, we just use different names.
