Authored by Michael Snyder via The Economic Collapse blog,
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?
Last week, BofA's HY credit strategist Michael Contopoulos, laid out a list of the four things that keep him up at night, which included:
1. Zombie Companies And Massive, Rising Student Debt Loads
2. Sliding Used Car Prices, Rising Delinquencies And Subprime Defaults
3. Declining Loan Growth, Lack of commodity rebound and tighter balance sheet
4. Lack of Investment, No Small Business Creation And No Earnings growth
(there was more in the full article)
Content originally published at iBankCoin.com
Does anyone else find it ironic that the nation who brought the world to war twice over the past 100 years is now leading Europe again, through the EU, and is openly casting aspersions at the United States, Great Britain, and Russia? Germany's Merkel is mad at the allies for getting in Germany's way of trying to conquer Europe via unelected autocrats.
One day after Donald Trump infuriated Angela Merkel and the rest of his G-7 peers, when the US president refused to endorse the Paris climate treaty, prompting the German chancellor to say that “the whole discussion about climate has been difficult, or rather very unsatisfactory... here we have the situation that six members, or even seven if you want to add the EU, stand against one", Germany's prime minister made what many have dubbed, an "era-defining" statement.
On Friday evening, in previewing Trump's upcoming "war room" effort in response to the escalating media reports about Russia, the WSJ reported that one of the contemplated changes was a drastic cut to Trump's Twitter privileges, with lawyers allegedly tasked to comb through and preapprove the president's social media outbursts, to wit: