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Money Watch

Zero Hedge | Speaking at a CDU election rally in Munich, Merkel said that Europe “must take its fate into its own hands”.

Michael Snyder | A stock market crash is coming, and the Democrats and the mainstream media are going to blame Donald Trump for it even though it won’t be his fault.

The Daily Sheeple | Every day of 2016, New York City held an average of 7,633 people in jail for pretrial detention.

Daily Mail | ‘Look at the millions of cars they sell in the US, and we’ll stop that.’

CNBC | Facebook CEO Mark Zuckerberg called on the need to consider universal basic income for Americans during his Harvard Commencement Speech.

Was Street Journal | How red-hot is bitcoin?

Mac Slavo | There’s really only one thing that has been keeping the US economy from melting down since the last recession.

Michael Snyder | Should everyone in America receive a “basic income” directly from the federal government?

Reuters | World stocks hit record highs on Thursday and the dollar dipped after the U.S. Federal Reserve signaled caution in raising interest rates.

Sputnik | The future of the European Union as a political project is uncertain and the fall of the euro is only a matter of time, according to Italian economist Antonio Maria Rinaldi.

Michael Snyder | As you will see, the combined enrollment in America’s four largest safety net programs has reached a staggering 236 million.

Zero Hedge | It has gotten to the point where traders, like most reflex-based creatures, have become accustomed to the seemingly daily Trump “bombshell” news to emerge just after 5pm from either the WaPo or NYT.

Breitbart | Tuesday’s Department of Justice budget proposal asks Congress for $1.8 million to “meet litigation, acquisition, and appraisal demands during the construction along the border between Mexico and the United States.”

Michael Snyder | After eight long, bitter years under Obama, will things go better for entrepreneurs and small businesses now that Donald Trump is in the White House?

Bloomberg | President Donald Trump’s first full budget would dramatically reduce the U.S. government’s role in society.

Information Liberation | Viral video out of Richmond, Virginia shows a “fake homeless woman” threaten to kill a man after he filmed her taking her panhandled earnings to her nice new car.

Michael Snyder | Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad.

Bloomberg | Everyone wants to live downtown, but only the rich can afford it. And it’s getting worse.

Zero Hedge | Bankruptcy is like the ultimate get out of jail free card.

Zero Hedge | What follows then will be a wholesale confiscation by the government of any asset whose source, origins and funding can not be explained.

Reuters | The dollar limped toward its worst week since last July on Friday.

CNBC | Bitcoin rose more than 3.5 percent to hit a record of $1,875.08, according to CoinDesk.

Sputnik | The US stock market has plummeted over US President Donald Trump’s alleged attempt to stop former FBI Director James Comey from investigating former National Security Adviser Michael Flynn.

Zero Hedge | The citizens of Sweden are perhaps closer to completely giving up a component of their individual sovereignty than any other country on earth.

Alt Market | The world has been stunned over the past few days by the advent of “Ransomware;” the use of sophisticated cyber attacks on vital systems in order to (supposedly) extort capital from target businesses and institutions.

Michael Snyder | The wolves are circling, and members of Congress from both political parties are now openly talking about impeaching President Trump.

AFP | The dollar sank Wednesday with a fresh crisis in the White House fuelling concerns that Donald Trump’s economy-boosting agenda could be run off-track.

Michael Snyder | Next month, citizens of Puerto Rico are going to vote on statehood.

Charles Hugh-Smith | There’s no Plan B for a state-corporate form of central-planning capitalism that is no longer functioning.

RT | Disney CEO Bob Iger is reportedly warning that hackers are holding an unreleased Disney film for ransom, to be paid in Bitcoin.

Michael Snyder | The recklessness of the “too big to fail” banks almost doomed them the last time around, but apparently they still haven’t learned from their past mistakes.

Westmonster | Not exactly a ringing endorsement…

Westmonster | Country united behind EU exit.

Zero Hedge | “I think there’s going to be a lot of infections Monday morning,”

Michael Snyder | If you want to permanently fix America’s economy, there really is no other choice.

Daily Mail | Global stocks paused near record highs as worries over China’s banking system provided an excuse for investors to lock in some profits.

Breitbart | Finland’s finance minister has added his voice to those calling for European Union funding to be withdrawn from member states which refuse to take in migrants.

RT | US political satire show host, John Oliver, reportedly used a tax loophole exploited by Donald Trump in the 1980s.

Reuters | The U.S. government had a $182 billion budget surplus in April, confounding market expectations for a deficit, according to Treasury Department data released on Wednesday.

Zero Hedge | The sharp decline has wiped out savings and made buying imported goods all but impossible.

Mac Slavo | The explosion of housing costs is one of the greatest economic crises in the developed world.

Zero Hedge | The China anxiety isn’t spilling over to the other major markets.

RT | The price of bitcoin has reached a new record against the US dollar, extending a recent rally that has doubled the market value of all virtual currencies since the beginning of 2017.

American Mirror | If the organizers of the Global Food Innovation Summit paid Barack Obama a reported $3,000,000 to talk about himself, then they definitely got their money’s worth.

Washington Examiner | Al Gore wants to reverse modernity and save the world from itself through an elimination of its fossil-fuel-based energy system.

Zero Hedge | We’ve noted several times in recent months that, despite the ‘economic recovery’, a record number of young ‘adults’ are moving back home with mom and dad after college and staying there well into their 30’s.

Breitbart | Despite the left’s attempt to deny it, some anti-Trump protesters are indeed paid to show up.

Zero Hedge | Two words – “priced in.”

Information Liberation | Jean-Marie Le Pen says his daughter’s promise to ditch the euro and the EU undermined her candidacy.

Michael Snyder | “The S&P 500 is going to drop by hundreds and hundreds of points sometime over the next few months as we drift into this unexpected crisis.”

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