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Money Watch

Mike Krieger | Get ready for another epic screw job this summer.

Daily Caller | On Thursday, Trump named Steven Mnuchin, the chairman and CEO of private investment firm Dune Capital Management LP, to lead his fundraising.

Michael Snyder | Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than it was in March?

Brandon Smith | If an economic system collapses in the woods and no one is paying attention, are there any consequences outside the woods?

Michael Snyder | We are getting some very depressing numbers from the rail industry.

MishTalk | In a ruling sure to heighten migration tensions in the EU, Italy’s highest court rules “Theft Not a Crime if Hungry“.

RT | The current economic system is designed to fail, but so was socialism.

CNS News | An increase of $1,033,226,058,842.03.

Mac Slavo | Welcome to Venezuela, the socialist paradise where many workers how have a five-day weekend, and everything is rationed because nothing works and the country has shifted in an all-out SHTF situation.

Bloomberg | “We created a digital dollar”.

Financial Times | The Bank of England is consumed with preparing contingency plans for Britain to leave the EU, with staff across its financial stability, monetary policy and regulatory wings ready to calm any turmoil.

Zero Hedge | Helicopter money may be on the horizon, but if Deutsche Bank has its way, there is at least one intermediate step.

RT | Australian businessman Craig Wright has revealed he is the man behind the cryptocurrency Bitcoin, ending years of speculation.

Zero Hedge | Helicopter money may be on the horizon, but if Deutsche Bank has its way, there is at least one intermediate step.

Ryan McMaken | Earlier this month, information from a Panamanian law firm was leaked which showed that many wealthy people had set up Panamanian shell companies to hide income and avoid taxes.

Zero Hedge | Back in February, when we commented on the unprecedented hyperinflation about the be unleashed in the Latin American country whose president just announced that he would expand the “weekend” for public workers to 5 days…

Charles Hugh-Smith | The upper middle class is well and truly doomed by self-delusion and the pathology of entitlement.

Mac Slavo | According to a new report from the Financial Times via The Daily Star, mega-banking giant Goldman Sachs is now getting into the retail banking business and looking for more depositors to help fund their operations.

Michael Snyder | On Tuesday, Apple shocked the financial world by reporting that revenue for the first quarter had fallen 7.4 billion dollars compared to the same quarter last year.

MIT Tech Review | Can China reboot its manufacturing industry—and the global economy—by replacing millions of workers with machines?

American Mirror | Bill Clinton says the political environment that has given rise to Donald Trump and Bernie Sanders can be traced back to the economic woes of the Barack Obama years.

The College Fix | But conservatives and Republicans are wary of capitalism, too.

Charles Hugh Smith | That the status quo–the current pyramid of wealth and power dominated by the few at the top–has failed is self-evident, but we can’t bear to talk about it.

RT | Video purportedly filmed near a marathon water station in Deptford shows scores of people racing to nab the bottles of water as the last of the runners passed.

Zero Hedge | Dear Canadians, bad news: your money is no longer welcome with U.S. brokerages. Why? Because you are, well, Canadian.

Michael Snyder | If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps insisting?

Reuters | U.S. Federal Reserve policymakers are expected to hold interest rates steady when they meet this week.

Mac Slavo | It seems the end really is nigh for the U.S. dollar.

Michael Krieger | Are we done being fooled? I sure hope so.

Zero Hedge | China’s credit growth in March is a “warning sign” according to billionaire George Soros.

New American | It turns out the scandal-plagued World Bank and the Communist Party of China-controlled AIIB are going to be proud partners in globalism.

Michael Krieger | His farewell speech was pretty representative of the man’s complicated and understandably controversial legacy.

Bloomberg | A startup thinks newspapers can profit by getting people to pay to elevate their rants—or advertisements—to the top of the comments section.

Financial Times | Saudi Arabia is raising $10bn from a consortium of global banks.

Mac Slavo | The War on Cash has many fronts.

New American | Governments and globalist organizations announced a wave of new edicts and agreements last week.

RT | The Bank of Russia and the People’s Bank of China want to create a joint platform that would unite gold trading by the world’s two biggest gold buying countries.

Prison Planet.com | The possible release of the secret 28 pages of the 9/11 report may implicate Saudi state organs in the attack. Who will blink?

Information Liberation | The IRS is now threatening American taxpayers that they’re going to use the illegally obtained Panama Papers data to prosecute tax cheats.

Zero Hedge | A portfolio built to only withstand stress thanks to central bank intervention is one destined to blow-up spectacularly.

Daily Caller | “What would it mean for my paycheck?”

Zero Hedge | Euro Pacific Capital’s Peter Schiff sat down with Alex Jones last week to discuss the state of the economy, and where he sees everything going from here.

Mac Slavo | We’re in the terminal phase of the greatest debt bubble in all of human history.

Weekly Standard | Bernie Sanders reportedly earned just over $200,000 in 2014.

Michael Snyder | Those that were hoping for an “economic renaissance” in the United States got some more bad news this week.

Louder With Crowder | Yes, anyone who picks up a sign, scribbles up a hashtag, then demands more money out of a sense of entitlement, is a loser.

Zero Hedge | Many expected that this case would never go anywhere…

Weekly Standard | But now the deal is off.

New American | It’s that time of year again — tax season!

Zero Hedge | This industry of education is going backwards, and will one day burst.

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