Housing Market Flashes Recession Warning

Housing Market Flashes Recession Warning By Mac Slavo The housing market has started flashing a recession warning. The gap between home prices and income are currently pointing to a recession by the 2020 election. According to Benn Steil, the director of international economics at the Council on Foreign Relations, a dynamic similar to the one in 2008 is currently playing out.  “Looking back at the years preceding the 2008 financial crisis, a critical warning sign was the surging gap between the growth in home prices and household income,” Steil wrote…

Read More

U.S. Navy Admits Videos Of UFOs Are Real And “Unidentified”

U.S. Navy Admits Videos Of UFOs Are Real And “Unidentified” By Mac Slavo For the first time, the U.S. Navy has acknowledged that the three UFO videos that were released by former Blink-182 singer Tom DeLonge and published by The New York Times are of real “unidentified” objects.  The U.S. government is finally, albeit slowly, acknowledging that there may be non-man-made objects flying around Earth. “The Navy considers the phenomena contained/depicted in those three videos as unidentified,” Navy spokesman Joseph Gradisher told The Black Vault, a website dedicated to declassified government documents. Gradisher added…

Read More

Trade War Has Killed 300,000 Jobs And Cost Americans Over $1.6 Billion

Trade War Has Killed 300,000 Jobs And Cost Americans Over $1.6 Billion By Mac Slavo The trade war has so far killed off about 300,000 jobs and cost Americans about $1.6 billion in tariffs. The taxes are driving up prices and businesses are cutting workers to make ends meet in the face of rising costs. There will be no winner in this trade war, and already the United States looks a lot like the loser. Casualties are coming in the form of farm bankruptcies and lost jobs, not to mention…

Read More

Bank of America Warning: The “Big Top Is Coming Down”

Bank of America Warning: The “Big Top Is Coming Down” By Mac Slavo A Bank of America strategist is warning that we should enjoy 2019 right now, while we still can.  A note led by top strategist Michael Hartnett says investors will have to grapple with the long-running bull market as it limps into 2020 because the “big top is coming down.” “We are bullish on risk assets in 2019 as bearish investor sentiment and the irrationality of central banks and bond markets allow an ‘overshoot’ in credit and equity…

Read More

DARPA Wants A Huge Underground Facility On Short Notice

DARPA Wants A Huge Underground Facility On Short Notice By Mac Slavo DARPA (Defense Advanced Research Projects Agency) is looking for a large underground facility and they need it within days. Known for their secretive and ominous projects, DARPA explained in a tweet that the ideal location would be “several city blocks with complex layouts and multiple stories.” According to a report by Gizmodo, DARPA sent out a tweet on Wednesday that’s making people a little nervous. The agency wants a large underground facility for “testing” of some sort and…

Read More

Mass Surveillance: NJ Cops Turn Individuals’ Phones Into Spying Devices

Mass Surveillance: NJ Cops Turn Individuals’ Phones Into Spying Devices By Mac Slavo It’s for their own good, of course! A New Jersey police department has unveiled technology that will allow 911 operators to stream video from callers’ smartphones. For the time being, callers have to turn on the live video stream, meaning they are consenting and giving the police permission to see what’s happening as they call. This is the first step to automatic surveillance upon calling people who are assumed to be there to help. According to RT,…

Read More

Silicon Valley Is Building A Chinese-Style Social Credit System

Silicon Valley Is Building A Chinese-Style Social Credit System By Mac Slavo Companies in the United States, and more specifically, Silicon Valley, are building a social credit system for individuals.  Much like the social credit system communist China uses to control its population, this authoritarian control is different in one way: it is being done by corporations as opposed to the government. Make no mistake, though, the corporations building a social credit system in the U.S. are already another arm of the government. They are lobbying and using the money…

Read More

Casino Billionaire: The U.S. Consumer Can’t Keep Saving The Economy

Casino Billionaire: The U.S. Consumer Can’t Keep Saving The Economy By Mac Slavo Casino billionaire Tilman Fertitta says that the current economy is resting on the back of the American consumer. Fertitta added that he doesn’t think consumers can keep saving this economy for much longer. Fertitta told CNBC on Monday that he is doing things in a “very conservative way” amid fears of a global downturn. “I think most of corporate America is doing things in a conservative way,” said Fertitta, a restaurant, hotel and casino magnate who also…

Read More

HSBC Will Slash Thousands Of Jobs As Economy Worsens

HSBC Will Slash Thousands Of Jobs As Economy Worsens By Mac Slavo Up to 2% of HSBC bank’s 237,685 employees could lose their jobs, a bank executive said Monday, as the bank flagged a worsening outlook for the global economy in its second-quarter results. The economy’s woes are beginning to manifest in real job losses, and it’s not likely to end here. The retail apocalypse and subsequent job losses have somehow managed to escape scrutiny as people put on blinders to what’s really going on in the economy. As we’ve…

Read More

Mass Surveillance: 1 in 2 Americans Are Already In A Government Facial Recognition Database

Mass Surveillance: 1 in 2 Americans Are Already In A Government Facial Recognition Database By Mac Slavo The mass surveillance of innocent Americans continues as George Orwell’s 1984 becomes more of a reality with each passing day. “All told, we are barreling toward a future where every ritual of public life carries implicit consent to be surveilled,” writes Sidney Fussell for The Atlantic. A new report from Georgetown Law‘s Center on Privacy & Technology (CPT) suggests that Immigration and Customs Enforcement (ICE) may be using the rampant problem of illegal immigration as a type…

Read More