Find The Lowest Price HERE

By Tyler Durden

While most are well aware that President Obama is leaving office having almost doubled the national debt during his 'reign', the more concerning fact is that this debt-splosion came with the weakest economic recovery in US history. What this means simply is that Obama is handing Trump the 'riskiest' America since World War II as debt-to-GDP is the highest since Truman.

Combine this…Worst Recovery Ever…

Source: JPMorgan

With this…Biggest increase in debt ever…

And you get this… the highest debt-to-gdp since Truman…

h/t @Schuldensuehner

Trump is taking over America in its most perilous economic state since World War II.

…read more

Source: Trump Takes Over ‘Riskiest’ America Since World War II

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

By Tyler Durden

Submitted by George Shapiro and Jacob Shapiro via MauldinEconomics.com,

What will the year ahead look like for Europe? 2017 will be another chapter in the European Union’s slow unraveling… a process that has been underway for over a decade.

The EU is a union in name only. The transfer of sovereignty to Brussels was never total, and member states are independent countries… each with their own interests at stake.

Here are the major forces at work.

1. The Italian Crisis

Italy’s banking crisis has played a key role in the destabilization of its domestic politics. The main problem is the Italian banking sector’s high rate of non-performing loans (NPLs). Approximately 17% of all loans from Italian banks are NPLs, according to the European Banking Authority. The bank currently making headlines, Banca Monte dei Paschi di Siena, had 45 billion euros ($47.4 billion) worth of NPLs and other doubtful loans when its problems came to light in 2016.

But the issue here is not simply money. The balance sheets of Italian banks don’t exist in a vacuum. If the European Central Bank were to bail out Italy, it would mean, in effect, that all of Europe would be paying for the bailout.

Greece, which had austerity forced upon it, would cry foul. The German public would object, and Chancellor Angela Merkel’s position would be severely weakened.

2. Declining German Exports

The major economic issue we expect to see in 2017 is a decline in German exports. The latest World Bank data shows that Germany’s exports-to-GDP ratio is 46.8%.

Neither China nor Russia will be increasing demand for German goods due to their own economic woes. And while Germany has managed to survive thus far by increasing exports to the UK and the US, this is not sustainable. This affects not just Germany, but all of Europe.

The EU is built around a massive exporter: Germany. That makes the EU vulnerable to drops in demand for German exports. It also creates a particular kind of political relationship between Germany and the rest of the EU. This is especially true for countries that are markets for German goods and those that are in the German supply chain.

This dependency and economic architecture has worked in the past. But now, it faces two key challenges. The first is how to increase demand for the products in question (which is not in any single country’s control). The second is that many of Europe’s economies are still struggling due to the 2008 financial crisis.

The EU’s growing socio-economic problems, in turn, are leading to increased nationalism. We saw this manifest in Brexit in 2016. In 2017, this dynamic already is affecting elections in France and Germany. The conversation has shifted from an internationalist position to a nationalist one—even for those who historically have been most committed to the EU (like Merkel).

3. The Security Question

Security will be an issue for the EU… and here, too, member states’ interests diverge. Some countries are more concerned with refugees than others, …read more

Source: These Are The 3 Main Issues For Europe In 2017

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

By Tyler Durden

Submitted by Charles Hugh-Smith via OfTwoMinds blog,

It cannot be merely coincidental that the incomes and wealth of the top 5% have pulled away from the stagnating 95% in the 25 years dominated by neocon-neoliberalism.

One unexamined narrative I keep hearing is: “OK, so neocon-neoliberalism was less than ideal, but Trump could be much worse.” Let's start by asking: would Syrian civilians agree with this assessment? The basic idea in the “OK, so neocon-neoliberalism was less than ideal, but Trump could be much worse” narrative is that the modest problems created by neocon-neoliberalism will pale next to what Trump will do, implying jackbooted Waffen SS troops will soon be marching through America on Trump's orders.

This narrative is yet another example of American parochialism: since neocon-neoliberalism didn't cause American cities to be bombed and its institutions demolished, it's really not that bad.

Try telling that to the Iraqis, Libyans and Syrians who have been on the receiving end of neocon-neoliberalism policies. The reality is very unpleasant: for those targeted by America's neocon-neoliberalism, nothing worse is imaginable, because the worst has already happened.

The cold reality is America's 25 years of neocon-neoliberalism has been great for the top 5% and an unmitigated disaster for everyone else in the U.S. and the nations it has targeted for intervention.

Those defending the Democratic Party's 16 years of neocon-neoliberalism (Clinton and Obama) and the Republican Party's 8 years of neocon-neoliberalism (Bush) are defending a system that benefited the few at the expense of the many.

Rather than admit the past 25 years have been catastrophic for the bottom 95%, the apologists speak darkly of fantastical visions of a Nazi America as a diversion to the grim truth that they have blindly supported an evil Empire that has stripmined the bottom 95% in America and laid waste to entire nations abroad.

Neoconservatism's malignant spores hatched in the Reagan years, and spread quickly after the collapse of the Soviet Union. Stripped to its essence, Neoconservatism is American Exceptionalism turned into a global entitlement: it's our right to intervene anywhere in the world we choose to defend what we perceive as our interests, and it's our right to impose our version of democracy and a market economy on other peoples.

Self-interest melds seamlessly with moral superiority in neocon-neoliberalism. The moral justification is: since ours is the best possible system, we're doing you a favor by tearing down your institutions and imposing our system on you. The self-interest is: garsh, the “market” we imposed extracts your resources and benefits our banks and corporations. Amazing, isn't it, how “free markets” benefit everyone?

But not equally. The claim of neoliberalism is: everything is transformed for the better when it is turned into a market. Once buyers and sellers can meet in a transparent marketplace, everybody prospers and everything becomes more efficient.

Stripped to its essence, neoliberalism is: the markets we set up are rigged to favor those at the top. All that talk about free markets is just public-relations cover to mask an intrinsically rigged quasi-market that has features of …read more

Source: 25 Years Of Neocon-Neoliberalism: Great For The Top 5%, A Disaster For Everyone Else

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

The Department of Housing and Urban Development has suspended the reduction of annual mortgage insurance premiums that was supposed to go into effect January 27. …read more

Source: Trump administration suspends mortgage premium rate cut

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

By Tyler Durden

The death of Brazilian Supreme Court Justice Teori Zavascki who had presided over the sprawling “Carwash” corruption scandal, and who died yesterday in a freak airplane crash has sent shockwaves both around the globe and in Brazil, because while few in polite company will discuss it, it has opened the possibility of political assassinations as a means of “quieting” legal proceedings.

And as Reuters reports today, while the death of the judge will likely not derail the country’s biggest ever graft probe, it will delay it, “handing valuable breathing space to President Michel Temer” who many have accused of being even more corrupt than his predecessor.

While there is no evidence yet of “foul play”, the timing of the death is oddly coincidental, especially since the upcoming revelations could have had damaging implications for Brazil’s still relatively new president Temer.

As a reminder, Justice Zavascki was killed in a plane crash on Thursday, “just weeks before he was due to unveil explosive testimony from executives at engineering group Odebrecht SA that is expected to implicate as many as 200 politicians in a vast kickback scandal” Reuters notes.

While the Police are investigating the crash in which a small, twin-prop plane that was carrying him plunged into the sea south of Rio de Janeiro during heavy rain, it is unlikely that they will find anything damaging.

And now, thanks to the tragic delay, postponing the fallout from evidence that could incriminate powerful political figures in Temer’s coalition, and perhaps Temer himself, gives the president more time to push through reforms to generous pension and labor rules and restore business confidence in a country stuck in a two-year recession.

Temer has already lost four cabinet members to corruption allegations. Several other ministers and leaders of his PMDB party in Congress have been named in Odebrecht plea deals, raising concern about the survival of his government.

“This can give Temer more room to move ahead with his reform agenda in Congress but Zavascki’s death won’t stall or change the course of the investigations,” said Thiago de Aragao quoted by Reuters, partner at ARKO consultancy that advises corporations and banks on investment in Brazil. “It will just pause it for a while.” Temer, who has himself been named by one defendant as a recipient of illegal campaign funds, has said he will rapidly appoint a new justice who, under Supreme Court rules, would take over Zavascki’s cases.

“In the short-run, any delay works in Temer’s favor because it will put off the instability that the new accusations will bring,” said Roberto Dias, a constitutional law professor at the FGV think tank in Sao Paulo. “But it’s bad for Brazil.”

And since Temer will likely try to float a judge “friendly” to his cause, it will be up to the Brazilian Senate to confirm him. That process, however, will weeks if not months after Congress returns from its Christmas recess in February. The new judge would then need to get up to speed …read more

Source: Brazilians Stunned By Death Of Supreme Court Justice Ahead Of "Explosive Testimony"

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

The Department of Housing and Urban Development has suspended the reduction of annual mortgage insurance premiums that was supposed to go into effect January 27. …read more

Source: Trump suspends mortgage premium rate cut

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

By Tyler Durden

As reproted earlier, violence erupted in some streets of Washington, D.C as members of a group dressed head to toe in black smashed the windows of cars and store windows shortly before President Donald Trump took the oath of office. Over 90 people were arrested, Interim Police Chief Peter Newsham said in a Periscope video posted on Twitter.

Quoted by ABC, He added that the problems were caused by one group, “and it’s a very, very small percentage of the number of folks that came here to peacefully assemble in our city.”

Police said in a statement an organized group marched through the northwest part of the city at around 10:30 a.m., and that “members of the group acting in a concerted effort engaged in acts of vandalism and several instances of destruction of property.”

The police statement said the group damaged vehicles, destroyed the property of multiple businesses, and ignited smaller isolated fires” and that police vehicles were among those damaged.

So far at least three police officers have been injured, and approximately 100 protesters arrested.

Meanwhile, as ABC also reports, the anti-Trump protest has shifted to Manhattan, where it notes that protesters have blocked traffic outside the Trump Tower on Fifth Avenue.

Protesters block traffic outside Trump Tower in Manhattan following Pres. Trump’s #inauguration https://t.co/r6XHIFhUBb pic.twitter.com/94VFHUFCCa

— ABC News Politics (@ABCPolitics) January 20, 2017

More protests are likely in other cities, with groups already congregating in Los Angeles and other major cities.

Billed as “United against hate” protest begins in Los Angeles pic.twitter.com/GaBmR3fwXb

— Jennifer Medina (@jennymedina) January 20, 2017

…read more

Source: Protesters Block Traffic Outside Trump Tower In Manhattan

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

for latest details. …read more

Source: World needs green energy & gas to meet demand

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps

Find The Lowest Price HERE

…read more

Source: Trump’s historic moment arrives

100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps