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Keyword: crisis

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  • Turkey’s economic crisis has just begun

    06/14/2018 9:03:23 PM PDT · by Texas Fossil · 8 replies
    Asia Times ^ | June 12, 2018 11:29 PM | David P. Goldman
    What happens next may look like Greece during its financial collapse – meaning Turkey’s economy could shrink by 10%-20% The Turkish central bank managed to halt the free-fall of the country’s currency last week with a sharp rise in interest rates. But the move failed to stop the free-fall of Turkey’s equity market and – far more dangerous – the collapse of the credit quality of Turkey’s banks. Only last October, the euro-denominated 10-year bond of Turkey’s largest private lender, Garanti Bank, yielded just 3%. Now it yields more than 7%, and the dollar value of the bond has fallen...
  • The 10 states where student debt is a big problem

    05/01/2018 6:32:00 AM PDT · by GuavaCheesePuff · 33 replies
    CNBC ^ | April 6, 2018 | Annie Nova
    Student loan debt in America has been called a crisis. The loans many students take out to cover their education can impair them from owning houses and saving for retirement later in life. And many others can't even make their monthly payments. Some 40 percent of borrowers are expected to default on their loans by 2023. In some states, the situation is worse than others. That's the takeaway from a new project by The Urban Institute, a nonpartisan think tank, which has mapped student loan debt across the country. Here are 10 states hit hard by student loans.
  • The Pension Crisis Is Worse Than You Think

    04/26/2018 10:28:28 AM PDT · by SeekAndFind · 23 replies
    Real Investment Advise ^ | 04/26/2018 | Lance Roberts
    Last year I penned an article discussing the “Unavoidable Pension Crisis.” “Currently, many pension funds, like the one in Houston, are scrambling to slightly lower return rates, issue debt, raise taxes or increase contribution limits to fill some of the gaping holes of underfunded liabilities in their plans. The hope is such measures combined with an ongoing bull market, and increased participant contributions, will heal the plans in the future.This is not likely to be the case.This problem is not something born of the last ‘financial crisis,’ but rather the culmination of 20-plus years of financial mismanagement.An April 2016 Moody’s...
  • Constitutional Crisis: Activist Federal Judge Orders DHS Complete restart of 'Dreamers' Program

    04/25/2018 4:07:44 PM PDT · by davikkm · 27 replies
    IWB ^ | Chris Black
    Trump’s administration received a serious setback on Wednesday, following an activist Federal Judge’s decision, which forces the Department of Homeland Security to resume the Dreamers Program, an Obama-era (illegal/unconstitutional) executive order that protects hundreds of thousands of illegal immigrants from deportation. More precisely, U.S. District Judge John D. Bates for the District of Columbia said on Wednesday that the White House was “arbitrary and capricious” with regard to trying to end Barack Obama’s Deferred Action for Childhood Arrivals program, and basically forced the DHS to resume it, while claiming the Department of Homeland Security had failed to explain him (the...
  • Estimating the Actual Death Rate Caused by Prescription Opioid Medication and Illicit Fentanyl

    04/16/2018 1:23:33 PM PDT · by grumpygresh · 42 replies
    The U.S. is said to be suffering from a crisis in deaths from opioid overdoses, prompting legislative and other efforts to clamp down on physician prescribing of these drugs. This article is an effort to identify the causes of these deaths, using data from the National Institute on Drug Abuse (NIDA)through 2015, and the Wonder database compiled by the Centers for Disease Control and Prevention (CDC).
  • Laughing At The Fake Feminists [Video only]

    03/08/2018 10:26:38 AM PST · by servo1969 · 18 replies
    YouTube ^ | 3-8-2018 | Pat Condell
    [Transcript] When it comes to the ongoing wave of migrant rape and sexual assault in Europe the people I feel most sorry for are the refugee-friendly Progressive feminists because, when they get raped, they won't even know who to blame without being a racist. What am I saying... of course they will. They'll blame all men as usual while telling everybody else not to generalize. I hadn't intended to talk about this subject again for a while but it’s International Women’s Day so, how can I resist? You may know that a couple of recent videos of mine have been...
  • The Great American Pension Crisis is right around the corner

    03/05/2018 7:53:26 AM PST · by SeekAndFind · 19 replies
    Credit Writedowns ^ | 03/05/2018 | Edward Harrison
    About a week ago I wrote that the potential for a state and municipal fiscal and public sector pension crisis is a defining issue for the next downturn here in the US. Global strategy and research company 13D joins me in worrying about it.Underfunded pensions mean crisis Here’s what they write: Fully-funded pensions are by their very design a mathematical impossibility —a topic we have discussed at length in these pages. In an effort to outrun their inevitable day of reckoning, these funds have assumed more risk, magnifying the likelihood of a massive unraveling. Most state pension funds now invest...
  • Muslims Refuse Treatment from Female Doctors/Nurses

    03/04/2018 2:57:51 PM PST · by Fred Nerks · 74 replies
    European Knights Project ^ | November 6, 2015 | unattributed
    A Czech Dr Sends Message to World Translated from German (poorly , but it is the message that counts) “Yesterday, at the hospital we had a meeting about how the situation here and at the other Munich hospitals is unsustainable. Clinics cannot handle emergencies, so they are starting to send everything to the hospitals. Many Muslims are refusing treatment by female staff and we women, are refusing to go among those animals, especially those from Africa. Relations between the staff and migrants are going from bad to worse. Since last weekend, migrants going to the hospitals must be accompanied by...
  • Putin orders Netanyahu to halt military strikes on Iranian targets

    02/13/2018 8:27:06 PM PST · by Candor7 · 39 replies
    Daily Mail ^ | 11:29 EST, 12 February 2018 | Chris Pleasance
    F-16 jet was shot down on Saturday over northern Israel, prompting retaliation Israeli forces launched a series of bombardments against bases in Syria But Benjamin Netanyahu backed down after a call from Putin, it is reported Putin warned him against escalating the conflict in the region after Russia has spent years propping up the Assad regime Vladimir Putin warned Benjamin Netanyahu to back off from military strikes in Syria after an Israeli warplane was shot down in the region on Saturday. The Russian President told Netanyahu in a phone call on Saturday evening to avoid a course of action that...
  • America's States Of (Fiscal) Siege: The Threat of Underfunded Municipal Pensions Looms

    02/07/2018 8:23:14 AM PST · by SeekAndFind · 38 replies
    IBD ^ | 02/07/2018 | Steven Malanga
    America's states and municipalities should be awash in good budget news. Unemployment remains below 5%, inflation is tame, and the stock market rose more than 20% in 2017 — the ninth year of a bull market. Yet many local governments faced intense struggles last year to balance their books. Localities have confronted unrelenting fiscal pressure since 2008, a result of the weakest recovery since World War II of tax revenues combined with ever-escalating costs. Many states and localities have had to rewrite budget books in ways that leave taxpayers paying more — and receiving less. "U.S. states have entered a...
  • 'There's no siege on Gaza'

    02/05/2018 2:40:25 AM PST · by Eleutheria5 · 8 replies
    Arutz Sheva ^ | 5/2/18 | Shimon Cohen
    Former IDF Southern Command Commander Yom Tov Samia rejected the claims that Israel has placed a siege on Gaza. In an interview with Channel 10's "Orly and Guy" program, Samia acknowledged that the situation in Gaza is critical, but said that the area's Hamas leadership are responsible. Hamas receives 650 truckloads of equipment a day, but instead of giving these to the residents, Hamas uses the merchandise for itself, selling it at outrageous prices or using the materials in order to dig terror tunnels. The Hamas terror organization which rules Gaza has firmly rejected the Palestinian Authority's (PA) demand that...
  • Women Survuve Crisis Better Than Men

    01/10/2018 3:02:14 AM PST · by Makana · 24 replies
    Science Daily ^ | January 9, 2018 | Duke University
    Women today tend to live longer than men almost everywhere worldwide -- in some countries by more than a decade. Now, three centuries of historical records show that women don't just outlive men in normal times: They're also more likely to survive even in the worst of circumstances, such as famines and epidemics.
  • How to survive an APOCALYPSE: Expert reveals the five key things city dwellers should do (tr)

    11/25/2017 12:35:42 AM PST · by Oshkalaboomboom · 83 replies
    Daily Mail ^ | November 24, 2017 | CECILE BORKHATARIA
    From Hurricane Irma to the Northern California wildfires, this year has seen its fair share of natural disasters. These disasters may have you thinking about what you should do in the eventuality one hits your city - how do you prepare and should you think about leaving? According to an expert, a lot of what drives large-scale evacuations is mass hysteria and fear, and most natural disasters don't require an immediate evacuation because they can be predicted, for example hurricanes. However, there are certain things city dwellers can do in preparation for a sudden disaster. John Renne, the Director of...
  • [Catholic Caucus] Michael Matt Kicks Off Catholic Identity Conference

    11/02/2017 9:05:57 AM PDT · by ebb tide · 1 replies
    The Remnant ^ | November 1, 2017 | Michael Matt
    Michael Matt Kicks Off Catholic Identity Conference Written by  Michael Matt | Editor 2 bishops, 30 priests (SSPX, FSSP, ICRSS, Diocesan) attend the CIC 2017 New from Remnant TV At the introduction of the Catholic Identity Conference 2017, emcee Michael J. Matt speaks of the present crisis in the Church as one without precedent. He explains why is it worse than the Arian crisis, and how the modern Church has brought this on by reneging on her own claim to be the sole means of salvation. Michael then gives background information on Bishop Athanasius Schneider as he introduces His Excellency...
  • How to Survive the Apocalypse

    09/23/2017 10:44:31 PM PDT · by Kartographer · 88 replies
    NYT ^ | 9/23/17 | ALEX WILLIAMS
    Link Only
  • With Incomes At A Record High, Is The Post-Financial Crisis Malaise Finally Over?

    09/13/2017 12:53:34 PM PDT · by SeekAndFind · 17 replies
    IBD ^ | 09/13/2017
    Buried amid a deluge of nasty news ranging from the growing North Korean nuclear threat to killer hurricanes hitting our coasts, the Census Bureau reports that median household income, a broad gauge of family financial well-being, hit its highest level ever last year. That's another strong sign that the economy is trying to break out of its 10-year growth slump. The median household income last year was $59,039, up 0.7% from the previous record of $58,655 set in 1999, the year the dot-com boom went bust. Real median incomes for married households with both spouses working soared to $106,000 in...
  • North Korean Crisis Reveals America’s Dangerous Economic Dependence on China

    09/04/2017 8:44:02 PM PDT · by Enlightened1 · 26 replies
    Breitbart ^ | 09/04/17 | John Carney
    When President Trump said on Sunday that America would consider stopping all trading with countries doing business with North Korea, critics responded by saying this would mean economic ruin for the United States. This is a shocking admission that the cost of economic globalism has been the compromise of American independence. And it should rally Americans to the cause championed by Donald Trump as he campaigned for the presidency, the cause of economic nationalism. Consider that after decades of indoctrination about the blessings of global trade, Americans are now told that our economic prosperity is dependent on trade with foreign...
  • While Progressives Protest, ALEC Is Working To Stop The Deadliest Drug Crisis in History

    08/10/2017 5:03:23 AM PDT · by Kaslin · 14 replies
    Townhall.com ^ | August 10, 2017 | Matt Vespa
    DENVER­–The Left views The American Legislative Exchange Council as a pawn of corporate influence. There were some protests at the organizations annual meeting in Denver, Colorado in July. They were mild. No fires were started, and no vandalism occurred. They came, they chanted, and then they dispersed. That was it. While progressives chanted the usual liberal talking points outside of the Hyatt Regency in downtown Denver, a significant number of state legislators were figuring out a way to knock out what seems to be an unstoppable killer: opioids. Around 1,700 people attended the event held in July, where the topic...
  • Turkey Uncensored: Jews in Turkey Under Attack Over Temple Mount Crisis

    08/07/2017 2:47:44 AM PDT · by Texas Fossil · 5 replies
    The Philos Project ^ | Wednesday, August 2, 2017 | Uzay Bulut
    Dozens of Turkish nationalist-Islamists affiliated with the “Alperen Hearths” (Alperen Ocakları) recently attacked Istanbul’s Neve ƞalom Synagogue, where Jews were exposed to three terrorist attacks at the hands of Islamic groups – in 1986 (by Abu Nidal Organization), in 1992 (by Turkish Hizballah) and in 2003 (by Al-Qaeda).On July 20, the demonstrators threw rocks at the synagogue, whose Hebrew name means “the Oasis of Peace,” kicked its doors and tried to break in.KĂŒrƟat Mican, the head of the Istanbul branch of the Alperen movement linked to the religious nationalist Great Union Party (BBP), delivered a speech, saying in part:“For long...
  • If our political/media class doesn’t care about all the world crises... should we?

    06/12/2017 9:11:40 AM PDT · by FiddlePig · 1 replies
    RedNeckoBlogger ^ | 6-12-2017 | RedNeckoBlogger
    "They're ALL talk and no action" - Donald J. Trump. I sadly now think know the truth and reality… the "swamp" that is now Washington. D.C. (and most western "leaders") really don’t give a DAMN about terrorism, illegal immigration, open borders, healthcare reform, national sovereignty, the debt, Iran nuclear deal, North Korea missiles, the deficit, jobs, student loans, Wall Street "bubbles", invasion by a hostile culture, or any other real issue affecting we "peasants" in flyover country. The big "crisis" is that their plans to coronate Hillary Clinton and keep the good life tax-payer "gravy train" flowing was derailed when...