Politics

Last week, rating agency DBRS raised a red flag when it calculated that in the past decade average US wages have risen by only 5.7%, while consumer debt over the same period rose 60% more, or 9.3%. However, while the US household's reliance on debt to fill in the income gaps is hardly news, on Monday JPMorgan found another, even more concerning debt inflection point: household debt, fast as it may be rising, is about to be eclipsed for the first time ever by the even faster rising federal government debt.

Earlier we joked that today's rally was losing steam, and it "needs a North Korean ICBM launch to find new strength."

This rally needs a North Korean ICBM launch to find new strength

— zerohedge (@zerohedge) December 4, 2017

Content originally published at iBankCoin.com

Former assistant FBI Director Jim Kallstrom says Bob Mueller has a giant conflict of interest and never should have taken the case, reports Breitbart. 

“Bob Mueller should have never been offered nor accepted the job as special counsel as he has a huge conflict of interest,” Jim Kallstrom tells Breitbart News. “He should have recused himself.”

After last week's snub, when Nanci Pelosi and Chuck Schumer pulled out of a meeting scheduled with Trump when the president tweeted that he was sitting down with "Chuck and Nancy" but that he didn't "see a deal", it appears that there has been no bad blood between the president and the top Democrats, because on Monday afternoon Chuck and Nancy said they would head to the White House on Thursday for end-of-the-year negotiations and avoiding a government shutdown this week. 

Authored by Jacob Bojesson via The Daily Caller,

Germany is offering rejected asylum seekers money to voluntarily return home as the government gets ready to deport Syrian migrants next summer.

The country’s interior ministry announced a scheme Saturday to give families up to 3,000 euros ($3,560) if they agree to leave.

The program  - titled “Your Country, Your Future, Now! -  will run through the end of February.