By the SRSrocco Report,
The world is sitting at the edge of a massive deflationary cliff. Even though Central Banks are desperately trying to keep the world's financial assets from plunging down into the great depression below, signs suggest they are losing the battle.
In light of expectations that the Trump fiscal stimulus plan will unleash a new Golden Age for the US economy, driven in part by the repatriation of hundreds of billions in funds held offshore, yesterday we showed a disturbing analysis from Citigroup according to which the bank's share-shrinker portfolio has soared relative to the S&P following the US election. The implication was clear: as fas as the market is concerned, much if not all of the capital repatriated from overseas will be promptly returned to shareholders, and maybe much of the corporate tax cut as well.
Submitted by Chris Martenson via PeakProsperity.com,
The explosion of emotions triggered by the recent presidential election caught many off guard. Across the country, friendships have been lost, family members estranged, and hostility has boiled over in many communities.
New World Order watchers believe Donald Trump is right to fear he will be the first president since John F. Kennedy to be assassinated due to his anti-establishment views. Despite the best efforts of the establishment, mainstream media, Wall St., Hollywood and the global elite, an outsider won the presidential election. Now mainstream media are at war with President-elect Trump, feeding dangerous rhetoric to the people and encouraging rioters and protestors.
One of the bigger headaches hanging over Donald Trump as he enters the transition period of his presidency, was the ongoing litigation that his now defunct Trump University defrauded students. Well, no more. Moments ago, the president-elect agreed to settle fraud lawsuits relating to his Trump University series of real estate seminars for $25 million.
Trump settles despite tweeting in late February that he would not settle "out of principle" as the University has a 98% approval rating.