The Nationalization of Credit?

War, Oil And Debt: Which Threats To The US Economy Are Legit? Authored by Brandon Smith via Alt-Market.us It’s the magic number, the line that’s not supposed to be crossed; when a nation’s public debt finally exceeds its GDP. Historically speaking, it’s not a sign of doom like many economists suggest. Numerous countries have sustained for decades with a ratio of well over 100% and many other factors have to be considered before it’s officially time to panic. Of course, there are some cautionary tales. Greece and Argentina are two examples. A...

This Is What You Get When Commies Are Running NYC... Authored by Steve Watson via Modernity.news, New York City, already reeling from crime under years of radical leftist rule, now faces a proposal that sounds ripped straight from a communist energy-rationing handbook: mandatory blackouts every night. Manhattan Assemblywoman Deborah Glick is sponsoring the “Dark Skies Protection Act,” which would require businesses and residents to turn off non-essential lighting between 11 p.m. and 5 a.m.  Critics are blasting it as a criminal’s dream come true in a city that already struggles with safety after dark. New York City...

The AI Capex Bill Comes Due Authored by Lance Roberts via RealInvestmentAdvice.com, The S&P 500 spent most of the year riding above its 50-day moving average, and we have warned for the last couple of weeks that a break lower would be worth paying attention to. That break occurred on Thursday, as the index closed the week at 7,411.98, roughly 0.8% below the 50-DMA at 7,467, marking its first decisive break below that line in months. Momentum has clearly rolled over. The 14-day RSI sits in the mid-40s, below the neutral 50...