China Issues a Massive Downgrade of US Credit and Major Warning

In its latest reminder that China is a (for now) happy holder of some $1.2 trillion in US Treasurys, Chinese credit rating agency Dagong downgraded US sovereign ratings from A- to BBB+ overnight, citing “deficiencies in US political ecology” and…

Read more »

Putin Pals Are Freaking Out Over This List

As we reported last Friday, Russian oligarchs are growing increasingly nervous over the U.S. Treasury’s upcoming “Official Oligarch” list, which is being created pursuant to an Aug. 2, 2017 law requiring that the Treasury and State Departments identify officials and oligarchs as…

Read more »

Here’s When Social Security Will Be Bankrupt

In November, nearly 62 million people received a benefits check from the Social Security Administration via the Old Age, Survivors, and Disability Insurance Trust (OASDI). About 42.4 million of these recipients were retired workers. As the number of retirees continues to…

Read more »

The fastest way to get rich in cryptocurrencies

We’ve all heard the term “Kodak Moment.” It’s a popularized phrase to describe a picture-perfect moment – one that should be forever captured on Kodak film. Like Kleenex tissue, Kodak was once so large and popular, the company worked its…

Read more »

One More Step Towards Armageddon

The US military/security complex has taken another step toward Armageddon. The Pentagon has prepared a nuclear posture review (NPR) that gives the OK to development of smaller “usable” nuclear weapons and permits their use in response to a non-nuclear attack….

Read more »

Trump’s Newest Comment, If True, Is Pretty Awful

After reports that Trump referred to “shithole” African nations in a meeting (that was not denied by The White House), the president has tweeted this morning that “this was not the language used.” The language used by me at the…

Read more »

Russian Airbase Bombed… By 13 Homemade Drones

In the early morning hours of January 6, a Russian airbase in Syria was bombed by homemade drones. Russian forces came under attack by a “massive application of unmanned aerial vehicles”, says the Russian Ministry of Defence. According to reports, 13…

Read more »

The Flu Is Everywhere!

This year’s strain of the flu is now widespread, spanning 46 states, and can make you fatally sick.  Coupled with how fast the flu has struck, an ineffective vaccine, and how early it hit, this year is shaping up to…

Read more »

Russia’s Biggest Enemy Is…?

Based on a new poll released by Russian pollster, Levada Center, 66 percent of Russians believe their country has an enemy.  68 percent of that group named the United States as that enemy as tensions between these Cold War foes…

Read more »

Buffett’s Ominous Warning To Crypto Investors

Warren Buffett doubled down on his criticism of bitcoin Wednesday during an interview with CNBC, where he said he’s almost certain the cryptocurrency craze “will end badly” and that the current runup in value will be fleeting. But paradoxically, he…

Read more »