On Thursday, we first discussed that in its latest monthly budget report for the month of June, the US Treasury reported a massive outlier that has largely been ignored by the general press: in June total US government spending hit $429 billion, the biggest one-month outlay on record, and 33% higher than the $323 billion spent a year ago.
Authored by Jeremiah Johnson (nom de plume of a retired Green Beret of the United States Army Special Forces) via SHTFplan.com,
Authored by George Koo via The Strategic Culture Foundation,
North Korea’s latest test of a missile with a range capable of threatening American cities has left the Trump Administration somewhere between wishful thinking and a hard place. Too bad neither represents a realistic resolution of the conundrum.
In the 1960's and 1970's the US government tested chemical and biological weapons on US troops in still little known secret programs called Projects 112 and SHAD (Shipboard Hazard and Defense). The Vietnam era tests involved some 6,000 military personnel being subject to experiments involving deadly nerve agents like sarin and VX, as well as biological agents like E. Coli, all of which can result in quick death or potential lifelong debilitating health issues such as long-term central nervous system failure.
Real-estate prices in the Hamptons – the preferred North American summer retreat for wealthy finance types – have long been viewed as a barometer of the general mood on Wall Street. And with US stocks continuing their ascent to fresh record highs, despite Brainard’s admission that "asset valuations do look a bit stretched" and signs that the rally is being propelled by a concentration of megacap stocks, luxury real-estate agents out east are clearly praying for a blockbuster season after last year's disaster.