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WARNING: U.S. Ponzi Retirement Market In Big Trouble As Withdrawals Now Exceed Contributions

WARNING: U.S. Ponzi Retirement Market In Big Trouble As Withdrawals Now Exceed Contributions

By the SRSrocco Report,

The U.S. Retirement Market is in BIG TROUBLE as annual benefits paid out are now larger than total contributions.  Actually, the amount of net withdrawals were the highest in history.  When payouts become larger than contributions... then we have the making of the typical PONZI SCHEME.

Blaming Russia For Everything

Blaming Russia For Everything

Authored by Robert Parry via The Strategic Culture Foundation,

It’s almost getting comical how everything that happens in the United States gets blamed on Russia! Russia! Russia! And, if any American points out the absurdity of this argument, he or she must be a “Moscow stooge” or a “Putin puppet.”

The FX series, “The Americans,” a spy thriller about two deep-cover Soviet spies in the 1980s

Who Wants What In Washington? The One Chart Summary

Who Wants What In Washington? The One Chart Summary

Once upon a time Washington was simple: on one hand you had Republican interests, on the other: Democrats, and inbetween them perhaps, the occasional independent or "green." Now... it's less simple. At last check, DC currently boasts at least nine different parties, groups, factions or ideologies. Which is why keeping track of who wants what, and how the various groups allign, in US politics has become quite complicated.

Goldman: "Our Client Conversations Make It Clear That Investors Fall Into Two Camps"

Goldman: "Our Client Conversations Make It Clear That Investors Fall Into Two Camps"

Judging by recent market action, it is becoming apparent that traders and investors are getting if not tired, then displeased with having to trade what boils down to one of two narratives: Trump Reflation Trade On, and - as has been the case recently - Trump Trade Off. As much is apparent in the latest weekly kickstart note from David Kostin who writes that with the market struggling to readjust its expectations for US government policy following the move away from health care reform, client conversations make clear that investors fall into two camps:

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