Tue, 11 August 2015
Ron Kessler has been a friend of Donald Trump's for two decades. He's written about The Donald before, and there's a very different person than the media portrays. Did you know that when Trump developed his Palm Beach property Mar-a-Lago, he insisted that Jews and Blacks be allowed to join. He did this in the face of major opposition from the PB Elites. He was also one of the first developers to have female managers overseeing his building projects, at a time when there were very few female executives in the field. These are but a few of the surprises about Trump that the media simply ignores. In short, there's a whole nother side to The Donald that few are aware of.
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Tue, 11 August 2015
Danielle Park called the current commodities bust many years ago. She sees oil hitting the $10-$40 range, shortly. Many other negative trends are in place and the Chinese Economic Miracle will be hit even harder than it is now. However, there's a silver lining to these dark clouds. We're all in for massive change, from driverless vehicles, to reduced petroleum demand, to massive changes in the way we lead ourdaily lives. But fear not, there are better times ahead.
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Tue, 11 August 2015
Chris Martenson joined us again today. He's been waiting for China to unravel and now the signs are getting clearer and harder to ignore. As Chris explains, "In the U.S., analysts and policy makers can draw upon a long history of economic policies and debate their applicability to the present. Rising income disparity, for example, is often compared to the Gilded Age of the late 19th century. The financial crisis of 2008 is often viewed as an analog of the 1929 crash that triggered the Great Depression. China’s recorded history stretches back thousands of years, but in terms of applicable financial and economic parallels to the current economy, there is no precedent. China’s leadership is truly in uncharted waters. This in itself heightens the risk of miscalculation and basing policies on faulty premises."
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