United States

Disaffected Hillary snowflakes at colleges and universities all around the country, many of whom surely cried themselves to sleep last night, woke up this morning to some of the best news they've received in weeks.  According to a new study by the University of New Hampshire Carsey School of Public Policy, white people are dying off faster than ever in the U.S.  Moreover, the biggest declines are coming in key swing states like FL and PA.  Even better, the study expects the "natural decrease" of whites to accelerate in the future.

Submitted by Tho Bishop via The Mises Institute,

Donald Trump hasn’t yet made the move from Trump Tower to America’s most expensive public housing, but he was able to come through with one campaign promise this week by announcing a deal with Indiana-based Carrier Air Conditioning that will keep almost 1,000 jobs in the state. As reported, the deal seems largely focused on the State of Indiana offering millions in tax breaks and an understanding that the Trump administration will push for regulatory and corporate tax relief at the Federal level.

Ever since the US adopted a “One China” policy after the 1972 Nixon-Mao meetings, followed by President Carter formally recognizing Beijing as the sole government of China in 1978 leading to the closure of the US embassy in Taipei one year later and cutting off relations with Taiwan, when it comes to US-China diplomacy Washington has maintained a steady posture when it comes to Taiwan: non-recognition.

While paper gold traders can't seem to dump the precious metal fast enough, physical gold demand is soaring around the world. India retail premiums are spiking (amid demonetization), local China premiums soar to a 3-year-high (as capital controls loom), and coin sales from the US Mint have risen for the 4th straight month, accelerating post-election to the highest since July 2015 since Trump's victory at the election.

The Fed has a very serious problem on its hands.

That problem concerns the fact that for seven years the Fed has spread the myth of a “recovery.”

I say “myth” because the reality is that when you remove accounting gimmicks, the US has been a “hair’s breadth” away from a recession since 2010.

The most obvious gimmick being employed is the phony “deflator” used to understate inflation and overstate growth.