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    Daily Digest 3/23 – Housing Market Tipping In Favor Of Buyers, The Year the World Falls Apart

    by DailyDigest

    Saturday, March 23, 2019, 1:46 PM

Economy

Housing market is tipping in favor of buyers, real-estate agents say (Adam)

Those insights – and more detailed observations – come from investment bank Credit Suisse, which polls real estate agents around the country every month. Its February edition, released a few days ago, paints a more uniform picture of housing conditions around the country, though some distinctly local matters, like the impact of the government shutdown on Washington, D.C., or the “red tide” in Gulf Coast Florida, stand out.

3-21 Hanson…Massive House Price Growth Deceleration; A BRICK WALL (Adam)

Very few regions escaped a significant deceleration with some prominent regions like San Jose and San Francisco even getting crushed on a year-over-year absolute basis.

The only thing that even comes close to this sharp of deceleration was circa-2007.

Politics Has Failed, Now Central Banks Are Failing (thc0655)

Are we in a pre-revolutionary era? Here’s clue #1: politics has failed. When the political process can no longer fix what’s broken, politics has failed. When entire classes of citizenry no longer feel represented, politics has failed. When the system delivers a steadily declining standard of living to the bottom 80% of households, politics has failed.

Doug Casey on the Year the World Falls Apart (thc0655)

I know this sounds outrageous because right now everything is running fairly smoothly. The standard of living of the average middle-class American has degraded slowly over decades but hasn’t yet totally collapsed. But that’s the way it is a day before a volcano explodes, or a day before an earthquake, or minutes before an avalanche starts coming down.

The Cambridge Analytica scandal changed the world – but it didn’t change Facebook (John J.)

Facebook’s PR machine spent much of the first 24 hours after the story broke engaged in a pedantic and self-defeating argument over whether or not what had occurred constituted a “data breach”. By information security standards, Facebook was correct that what occurred was not a “data breach” – as representatives wrote, “no systems were infiltrated, and no passwords or sensitive pieces of information were stolen or hacked”.

Self-Destruction: Cheerleading the Process (GE Christenson)

The road to economic hell for individuals is paved with easy monthly payments. Governments only pay the interest on their rapidly increasing debt. But they must borrow even more to pay the interest. Retiring the debt is seldom considered.

The Rapid Decline Of The Natural World Is A Crisis Even Bigger Than Climate Change (John J.)

The study from the Intergovernmental Science-Policy Platform On Biodiversity and Ecosystem Services (IPBES), expected to run to over 8,000 pages, is being compiled by more than 500 experts in 50 countries. It is the greatest attempt yet to assess the state of life on Earth and will show how tens of thousands of species are at high risk of extinction, how countries are using nature at a rate that far exceeds its ability to renew itself, and how nature’s ability to contribute food and fresh water to a growing human population is being compromised in every region on earth.

Industry says China has stopped buying Canadian canola seed (Uncletommy)

Thursday’s announcement comes just weeks after Chinese officials announced they were pulling the canola export license from one of Canada’s largest canola exporters, Richardson International Ltd, alleging “hazardous organisms” had been found in one of the company’s shipments. Two days later, Chinese officials announced all Canadian canola imports into China would face heightened import inspections because of pest concerns.

Over Half of Samples of Kale Tainted With Possible Cancer-Causing Chemical (John J.)

Overall, the USDA found 225 different pesticides and pesticide breakdown products on popular fruits and vegetables Americans eat every day. Before testing, all produce was washed and peeled, just as people would prepare food for themselves, which shows that simple washing does not remove all pesticides.

UK will miss almost all its 2020 nature targets, says official report (tmn)

Critics of the government said the report showed wildlife and natural habitats were in deep crisis. The UK is “among the most nature-depleted countries in the world”, according to a separate 2016 report, with continuing declines in species such as skylarks, hedgehogs, many insects including butterflies and corn marigolds.

Gold & Silver

Click to read the PM Daily Market Commentary: 1/11/19

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”

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2 Comments

  • Sun, Mar 24, 2019 - 10:26am

    #1

    sand_puppy

    Status Platinum Member (Offline)

    Joined: Apr 13 2011

    Posts: 1879

    "Russiagate" as the WMD of this Generation

    A magician reaches into his hat and pulls out a rabbit.  Where there was nothing, suddenly there is something.
    The oligarchy wants a war.  Suddenly there is a humanitarian crisis or vast stockpiles of WMDs that must be found by military action to “protect the people.”  The oligarchy never lanches a war to kill or plunder–only to protect.  All bombing is done with kindness.
    It was well known in certain circles that Trump was a puppet of Putin (satire piece). That Russia controlled the USA.  That the elections were “hacked.” (and here)   Then Russian elite cyber-espionage teams attacked the Vermont power grid.
    Then Glenn Greenwald published the 10 most famous (and stupid) “Russia attacked us” stories that then fell apart. 

    1.  RT hacked C-Span.
    2.  Russian hackers took down the Vermot Power Grid.
    3.  PropOrNot declares that non-MSM news sites are Russian Propaganda Outlets.  Washington Post declares that Russian operatives have massively infiltrated the internet.
    4.  CNN reported that Trump aide Anthony Scaramucci was involved with the Russian Direct Investment Fund, under Senate investigation.
    5.  Russia attacked US diplomats (spies) at the Cuban Embassy using a sonic weapon.
    6. Trump created a secret internet server to communicate with a Russian bank.
    7.  Paul Manafort visited Julian Assange in the Ecudorian Embassy three times (and nobody noticed.)
    8.  CCN explicity lied about Lanny Davis being the source of a story that would also be found to be a lie–that Trump knew in advance of the Trump Tower meeting.
    9.  Mueller has internal emails and witness statements proving that Trump directed Cohen to lie to congress.
    10. Donald Trump Jr was offered advanced access to the wikileaks emails.

     
    The dependability of the press as a source of good information took a beating.  It was clear to most who can think:  they were lying to us.
    Mueller uncovers bribery, prostitution, hush money and secret deals for financial gain.  And above all, *lying to the FBI.*   But no Russian collusion, no control by Putin, no hacking of the US voting system, no control of the USA by Russian-bots.  The Russian collusion aspect was a ruse that permitted a witch hunt to find dirt.  And it distracted from the way that the pro-Hillary faction of the DNC swung the democratic primary away from Bernie Sanders.
    But Trump is such a disagreeable guy that we want to believe that he is dirty, not just in the political double-dealing way, but in the treason way.  So we kind of accept it.
    Matt Taibbi explains:
    Taibbi: It’s Official – ‘Russiagate’ Is This
    Generation’s WMD
    Matt Taibbi sums it up.  This is the place where the latest generation learns that the press actively  shapes public perception, but is not nearly as concerned with reporting what is true.

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  • Sun, Mar 24, 2019 - 2:15pm

    #2

    debu

    Status Bronze Member (Online)

    Joined: Aug 16 2009

    Posts: 36

    Homo Oblivion Oblivious

    (Source)

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