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Euro could collapse in 18 months, predicts Trump's pick for EU ambassador

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Brexiteer professor Ted Malloch, who is likely to become the United States ambassador to the European Union, has predicted the looming failure of the single European currency. In an interview with the BBC, Malloch predicts the euro “could collapse” in the next 18 months. “I think it is a currency that is not only in demise but has a real problem and could in fact collapse in the... 

After 14 Years Gawker.com will Shut Down Next Week

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Gawker’s outgoing CEO Nick Denton announced on Thursday after fourteen years Gawker.com will shut down next week. Gawker reported: After nearly fourteen years of operation, Gawker.com will be shutting down next week. The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media’s six other websites, and four months after the Silicon Valley billionaire Peter... 

Why Rothschild is Shifting From US Dollars to Gold, 'Other Currencies'

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The Western central bankers are conducting “the greatest experiment in monetary policy” history with consequences impossible to predict, Lord Rothschild writes, warning that the world is now in “uncharted waters.” Trouble is brewing for the global economy with the consequences impossible to predict, RIT Capital Partners Chairman Lord Rothschild warns in his semi-annual address... 

Iceland rises from the ashes of 2008 financial meltdown

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The country worst affected by the global financial crisis eight years ago has made a miraculous turnaround. Iceland saw an unexpected GDP surge of 4.2 percent in the first three months of the year. The growth is explained by a significant rise in tourism. Tourism has been steadily growing since the beginning of the decade, and is currently a larger source of revenue than exports of fish and aluminum.... 

Nigel Farage Steps Down as UKIP Leader, Was he Blackmailed?

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Brexit campaigner and MEP Nigel Farage has announced he is stepping down as leader of UKIP as Britain is in crisis, a major political crisis which was never seen before. Just weeks after Brexit, first, UK’s Prime Minister David Cameron stepped down, Boris Johnson who was the presumptive next Prime Minister declared his unwillingness to take over the job, then all eyes were focused on Nigel... 

British Pound Goes to Toilet as Bankers Manipulate Markets after Brexit

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Following the British vote to leave the European Union, markets around the world slipped into free fall on Friday. Sterling fell to a low not seen since 1985, far below its value during the 2008 financial crisis. It lost parity against the dollar and the euro, but Mark Carney, Governor of the Bank of England and Chairman of the G20’s Financial Stability Board, said not to worry. The bank announced... 

Venezuelans Turn Garbage Scavengers As Socialist Elites Live Like Kings

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Venezuela’s super-rich are enjoying lavish parties and gourmet cuisine, while middle-class people are forced to scavenge for food as the Socialist country’s economy collapses. What is astonishing is that these people are so brain washed that it doesn’t even cross their minds to plan a revolution to overthrow the socialist-communist government. For all of you Bernie morons out there,... 

Bilderberg Planning to Trigger Financial Collapse

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For the second time in the space of ten years, the powerful Bilderberg group is plotting to trigger a financial collapse, with elitists already positioning themselves to profit from the next economic meltdown. As we reported back in 2006 during the Bilderberg Group’s meeting in Ottawa, Canada, leaked information from an American delegate revealed that insiders were preparing for the housing bubble... 

White House: We Don't Get Too Disappointed Over Unemployment

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The White House doesn’t get “too disappointed” over the number of unemployed and underemployed Americans. “I’ve been reacting to jobs numbers here at the White House for more than seven years, and what is true today has been true in the past, which is, we don’t get too excited when jobs numbers are better than expected and we don’t get too disappointed when jobs numbers... 

Bernie Sanders Refuses to Comment On Failure of Socialism in Venezuela

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Bernie Sanders was recently interviewed on Univision and the host asked him to comment on the collapse of the economy in the socialist paradise of Venezuela. Naturally, Bernie didn’t care to discuss it. NewsBusters reported: Bernie Hits Bump on Univision: Speechless on Socialism’s Failures The Democrats’ socialist candidate for President of the United States, Bernie Sanders, was seriously tripped... 

About 100,000 in USA now work for Chinese firms

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In the tiny North Carolina town of Tar Heel, the Smithfield Foods Packing Co., the world’s biggest slaughterhouse that often smells of pig manure, belongs to a giant Chinese meat-processing company. Hundreds of movie theaters across the country are owned by the Kansas City-based AMC Theatres chain, which reports to China’s richest man. And in Miami, a luxury condo tower called One Thousand Museum... 

Global Elite Ignore Dire Warning at G7 About Economic Collapse

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On Thursday leaders at the G7 in Japan ignored a dire warning issued by Prime Minister Shinzo Abe about the perilous state of the global economy and the risk “of the re-emergence of a Lehman-scale crisis.” The collapse and bankruptcy of Lehman Brothers in 2008, at the time the fourth-largest U.S. investment bank, was the seminal event of the subprime financial crisis. Its implosion resulted in... 

Venezuela, Where a Hamburger is Officially $170

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If a visitor to Venezuela is unfortunate enough to pay for anything with a foreign credit card, the eye-watering cost might suggest they were in a city pricier than Tokyo or Zurich. A hamburger sold for 1,700 Venezuelan bolivares is $170, or a 69,000-bolivar hotel room is $6,900 a night, based on the official rate of 10 bolivares for $1. But of course no merchant is pricing at the official rate imposed... 

Socialist Bernie Sanders Wife Bankrupts Burlington College With "Crushing Debt"

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Feel The Bern! One of the reasons communist Bernie Sanders is doing well with Millennials is because he’s promising free college for everyone. In an ultimate twist of irony, his wife Jane Sanders was president of Burlington College in Vermont and racked up such large debts for the small school that she led it to ruin. Burlington College announced today it will close after it was unable to recover... 

Trump Puts The Idea of a US Government Debt Default On The Table

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On Thursday, Donald Trump told CNBC that his solution to dealing with the $19 trillion-plus national debt involves a form of default such as repurchasing existing bonds at a discount. The media jumped all over him calling his idea “insane” and warning that it would tank the economy or set off an “unprecedented financial crisis.” They are right that it would set off an unprecedented financial... 
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