from Mark Dice:
TRUTH LIVES on at https://sgtreport.tv/
by Jim Hoft, The Gateway Pundit:
This open border disaster is not a “Johnny-come-lately” story. It is a plan that was created many decades ago by leftist radicals intent on destroying America.
I should know. I was there. I am a witness.
by Jim Rickards, Daily Reckoning:
The phrase “X-Date” may remind readers of the TV drama The X-Files or the superhero X-Men. It actually refers to the date when the U.S. Treasury goes broke.
The problem arises from the fact that issuing U.S. Treasury debt beyond a certain ceiling requires approval from the U.S. Congress. The amount of outstanding debt today is at the current debt ceiling.
The Treasury is allowed to issue new debt to roll over maturing debt as long as the ceiling is not breached. Since the U.S. is running large budget deficits, the Treasury has to increase the total amount of debt outstanding in order to pay the government’s bills for everything from F-35 fighter jets to food stamps.
by Matthew Piepenburg, Gold Switzerland:
Matthew Piepenburg shares his views in this extensive interview with Daniela Cambone of Stansberry Research, covering the FED, petrodollar and de-dollarization, banking risk and gold.
“The world’s reserve currency is not going to change.”
The U.S. dollar accounts for 60% of the global currency pool. As a result, what’s changing is the hegemony, the respect, the trust for the U.S. dollar as a payment system.
by Brandon Smith, Alt Market:
Whenever we have to address the issue of “progressive” ideology in America today, the debate inevitably finds its way around to the grand idealism of “acceptance” and “tolerance.” The assertion by leftists is that they are on the side of “freedom” and human rights, and that by confronting or separating ourselves from certain behaviors we are revealing out bigotry and discrimination. In other words, leftists assert that all personal beliefs and behaviors must be embraced by the populace in order for society to become pure.
by Stefan Stanford, All News Pipeline:
What would happen if things went south with China?
Can it happen? Most likely yes.
In fact, Dan Crenshaw, US Congressman from Texas came out and said that an “when things escalate with China, which is seemingly inevitable at this point.” You can watch his comments here on Instagram talking about TicTok, which is a red Chinse-controlled app.
This really got me thinking about what will the US do if they can no longer get their cheap Chinese stuff from Walmart, Dollar Tree, and the like?
by Eric Zuesse, The Duran:
Wang Wenbin, China’s Foreign Ministry Spokesperson, held his regular press conference in Beijng, on May 11th, and answered a reporter’s question: “It was reported that the G7 Summit to be held in Japan will ask China to abide by international rules. Do you have any comment?” by saying that those countries are hypocritical for accusing others of violating the never-defined stock phrase of the U.S. Government “international rules.” He said:
by Martin Armstrong, Armstrong Economics:
Let’s take a closer look at Accessory Dwelling Units (ADUs) that have been proposed for 15-minute cities. These small units are typically under 1,000 sq ft and were once considered secondary structures on an existing residential lot. Think of what we once considered “in-law suites” or guest houses. There are numerous designs for ADUs, but 15-minute cities will seek to create connected units to house as many people as possible. The exact plans for ADUs within 15-minute cities are shrouded in mystery, but we can ascertain what they have planned based on other proposed policies.
by Geoffrey Grinder, Now The End Begins:
One person was killed and at least five others were injured after a building in Rehovot suffered a direct hit in a wave of rockets fired from Gaza shortly after 6 p.m. on Thursday evening.
For the past several days, Israel has been under constant bombardment from rocket attacks coming from Gaza, and now one person has died with many more injured. After not firing at Israel since 11:55 p.m., rocket launches by the Islamic Jihad in Gaza renewed after the terror group had fired 507 rockets on Israel over the course of Wednesday. Out of the Islamic Jihad rocket attacks, Hagari said that the IDF had around a 95% Iron Dome shoot-down success rate.
by Alasdair Macleod, GoldMoney:
This article examines the currency imbalances between US dollars and the other currencies and concludes that should foreign holders decide to reduce their dollar exposure, the consequences for its value would be dramatic.
The dollar’s problems should be laid at the door of the wishful thinkers who think the state knows better than free markets. It is that which has led to currency imbalances. Central banks attempting to manage economic outcomes by manipulating interest rates and “stimulating” economic activity have acted in defiance of Say’s law, which defines the relationship between production and consumption, and the true role of a medium of exchange.
by Jim Hoft, The Gateway Pundit:
The Gateway Pundit reported that former CIA Director John Brennan on Thursday hobbled into a closed-door interview with the GOP Committee on Weaponization to testify for 2020 election interference and collusion with the Democrat Party.
After 4 hours of grilling, Rep. Jim Jordan (R-OH) said Brennan just further confirmed the letter signed by 51 Former officials was all political.