Dateline: May 2, 2019

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Nearly 102 Million Americans Do Not Have A Job Right Now – Worse Than At Any Point During The Last Recession
Wouldn’t it be horrible if the number of Americans without a job was higher today than it was during the Great Recession of 2008 and 2009? Well, that is actually true… But, but, but – all of the reports we read tell us that the number of new jobs is exploding month after month! Who in the hell is zooming whom here??? (Continue to full article)

The Curious Case of Rising Fuel Prices and Shrinking Inflation
Per the American Automobile Association (AAA), gas prices in the United States rose from $2.25 per gallon in January to $2.75 by the end of March, a gain of 22%. Gasoline RBOB futures, the most commonly quoted contract for wholesale gasoline prices, tell a similar story, rising from $1.30 per gallon to $1.83 over the quarter, for a gain of 41% As always, We the People are getting pumped at the pump… (Continue to full article)

Brother Can You Spare a Dime?
Turn off your radio. Put away your daily paper. Read one review of events a week and spend some time reading good books. They tell too of days of striving and of strife. They are of other centuries and also of our own. They make us realize that all times are perilous, that men live in a dangerous world, in peril constantly of losing or maiming soul and body… (Continue to full article)

Treasury May Run Into Ceiling On Public Debt
The U.S. government will have to stop borrowing money between July and December if Washington doesn’t agree to raise a legal restriction on public debt, the Treasury Department said on Wednesday. Hitting that so-called “debt ceiling” could trigger a U.S. default on its debt and an immediate recession, a risk that has become a regular facet of U.S. politics over the last decade… (Continue to full article)

Oh, love me, love me – say you do…

Bernanke, Geithner, Paulson- Stalking Horses for the Banks
Could Bernanke, Paulson and Geithner have possibly picked a more self-serving title for their latest revisionist history of their secret $29 trillion bailout of the most insidiously corrupt industry in America? … (Continue to full article)

If the U.S. economy is so great, why are so many workers miserable?
Millennial and generation Z workers are becoming increasingly miserable with their jobs and careers. Since we are told several times a day by the media that the economy is booming, why are so many young workers so disastrously melancholy all the time?… (Continue to full article)

POSTMASTER WARNING: The United States Postal Service (USPS) is in a “death spiral”
Fears it will run out of cash by 2024. The postmaster general warned Tuesday that unless major changes are made to the model politicians set up to fail, the USPS will be unable to remain solvent… (Continue to full article)

World’s Monetary Reserves and the End of an Era
We had been observing the evolution of the total of Central Bank Monetary Reserves for several years, and noted a peak on August 2, 2014, when these Reserves reached a maximum of the equivalent of $12.032 Trillion dollars, according to Bloomberg. As of April, 2019, a review of Central Bank Monetary Reserves, according to Bloomberg, yields some interesting information… (Continue to full article)

More Trouble in Mexico: Second Largest Silver Mine Suspended Operations
In just a little more than a week after the mighty Newmont-Goldcorp merger was finalized, the company suspended operations of its largest gold-silver mine in Mexico. The Penasquito Mine, which produced more than a 500,000 ounces of gold and 25 million ounces of silver in a single year, has been dealing with a blockade of its operations since March 27th. The blockade was started due to issues with the local community in regards to water supply concerns… (Continue to full article)

Social Security will cross another dangerous milestone next year
It’s still the fundamental premise behind many retirement plans, including Social Security in the Land of the Free. It’s still the younger generations taking care of the older generations. That’s the way the system functions: younger people pay taxes to fund benefits for older people who have retired…. (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

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