America’s two economies collide: Fed’s $trillions inflate the stock portfolios of the top 10% while 40 million face hunger and food aid cuts in a nation drowning in fake inflation data

The Fed’s expansion of the money supply inflates asset prices and stock portfolios, while eroding the purchasing power and standard of living of the bottom 90%. The top 10% of wealthy Americans now control 60% of the nation’s wealth America’s …

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U.S. economy has lost momentum over the past 2 months, only 3 of 12 districts report growth. More than 20 US state economies are now in, or near, a recession. Junk bonds break 4-month downtrend.

Junk bonds are high-risk corporate debts offering higher returns to investors. The chart shows their yields (interest rates) had been falling for 4 months—a positive sign of lower perceived risk—but recently spiked to 6.84%, breaking that downtrend. Implications: Rising yields… …

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Gerald Celente: ‘As economies decline, we forecast Washington will ramp up its proxy War with Iran and do all it can to support Israeli actions against Tehran.’

When this occurs, oil prices will hit new highs, inflation will sharply rise, economies will dive into depression… and WW III will intensify and the Middle East Meltdown will swell into a Global Meltdown. — Gerald Celente (@geraldcelente) October 10, …

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The struggles in China’s real-estate industry and weak Chinese domestic demand pose a risk to the Japanese and global economies, Japan’s new economy minister says.

Yoshitaka Shindo, who assumed the cabinet post earlier this month, said that because China accounts for nearly a fifth of Japan’s exports, the Chinese economic troubles could cause Japan’s economy to move a notch downward. Potentially, “the impact is really …

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“We require a fundamental reform of the global financial institutions so that they can be more agile and responsive to the challenges facing developing economies…” -President of South Africa

“We require a fundamental reform of the global financial institutions so that they can be more agile and responsive to the challenges facing developing economies…” -President of South Africa Fundamental reform are strong words. pic.twitter.com/n6DhHBxkRA — Gold Telegraph ⚡ (@GoldTelegraph_) …

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