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The author Tyler Durden
Tyler Durden
Tyler Durden (a pseudonym) represents the idea that a return to truly efficient markets is a possibility and a necessity. After having experienced the inner workings of capitalism at various asset managers and advisors, Tyler believes that the current model is flawed and a deleveraging at every level of modern society is needed to reinspire the fundamental entrepreneurial spirit. Visit his blog: ZeroHedge (http://www.zerohedge.com/)

Zerohedge

“Red Flag” – US To Bermuda Air Travel Drops In 1H19 

While searching for evidence the American economy is deteriorating, more or less, observing consumer trends, it appears that some are starting to pull back on travel. A new report from the Bermuda Tourism Authority (BTA), first reported by The Royal Gazette, shows US air visitor arrivals slipped 5% YoY in 1H19, with the sharpest declines from millennials and arrivals from New York airports. If you've ever been to Bermuda and or any country in the Caribbean, most economies are entirely...

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A Hidden Political Agenda? Mainstream Media Suddenly Full Of Stories About Imminent Recession

Authored by Michael Snyder via The Economic Collapse blog, All of a sudden, it seems like the mainstream media just can’t stop talking about “the coming recession”.  If you go to Google News and type in the word “recession”, you will literally get dozens of articles from the last couple of days with “recession” in the headline.  And of course it is true that there are signs of global economic trouble all around us, and I have been documenting them on my website all throughout 2019.  So we...

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The Used Heavy-Duty-Truck Market Is “Going To Get Worse Before It Gets Better”

While the Class 8 heavy duty truck industry has been mired in recession and dragged down by a bloated backlog since 2018, the used truck market hasn’t seen the same collapse yet. But the key word there, according to several experts, is yet. Brian Cota, vice president of national accounts at Daimler and Steve Tam, a vice president at ACT Research gave presentations that showed the used truck market under pressure and predicted that things could get worse. Tam "presented a slide showing ACT...

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Control Criminals & Crazies, Not Guns

Authored by Daniel Greenfield via Sultan Knish blog, Mass murder is not a gun control problem. In 2003, Kim Dae-han, a middle-aged taxi driver, killed 192 people and left 151 others wounded, by setting a South Korean subway train on fire using paint cans filled with gasoline. In 2016, Mohamed Lahouaiej-Bouhlel, a Muslim terrorist, killed 86 people and wounded 458 others by ramming a truck into a crowd celebrating Bastille Day in France. In 2001, Muslim terrorists killed 2,977 people and...

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Wells Fargo Blindsides Customers By Charging Thousands In Overdraft Fees On ‘Closed’ Accounts

It seems like barely a quarter goes by without Wells Fargo being exposed for some abusive practices, like opening millions of fake credit card accounts, or selling customers of its auto loans insurance that they didn't really need (but that the company insisted they did). In the latest violation, the New York Times reports that Wells Fargo continued to charge overdraft and other charges to customers even after closing their accounts for one of a myriad reasons. The paper used Xavier...

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This Is How Epstein Manipulated Vulnerable Young Girls (And How You Can Protect Your Children From Predators)

Authored by Daisy Luther via The Organic Prepper blog, This article contains content that some may find distressing. Jeffrey Epstein “was” apparently a serial molester of children. He had manipulation down to an art form, as many molesters do. He seemed to be an expert at figuring out a girl’s weak point, whether it was poverty, a deceased family member, or feeling alienated from her peers. This is a common ploy. Many molesters seek out children or teens who have lost a parent and use...

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Bulletproof Backpack Sales Spike Once Again During ‘Back To School’ Shopping

It's that time of year again — back to school shopping — and what is besides pencils, binders and notebooks the hottest item parents will send their children to school with? For multiple years running it's bulletproof backpacks.  According to NBC's Today sales are up 200 to 300 percent nationwide after the latest mass shootings in El Paso and Dayton, Ohio. American companies cite heightened demand from parents especially as the two senseless tragedies within 24 hours of each other which left...

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“Explosive Upside” – Why Have Silver Prices Lagged Gold?

Via GoldMoney.com, Silver prices have lagged gold prices since 2017 which has pushed the gold-to-silver ratio close to the all-time high. Silver prices are also significantly below what is predicted by our pricing model. We think that the reasons for this subdued performance are transitory and that silver will outperform gold again as the next precious metals cycle continues to rapidly unfold. In spring 2017, we introduced a framework for understanding the formation of silver prices...

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Nationwide Computer Glitch Causes Customs Chaos At US Airports

A massive computer glitch at airports across the country left thousands of passengers unable to quickly clear customs, as US immigration officials were forced to use slower backup systems, according to JFK Airport's official Twitter account.  Hello, yes customs systems are down right now nationwide but they are starting to use backup systems. People are being processed, but slower. Thanks for your patience. *NV — Kennedy Airport (@JFKairport) August 16, 2019 The cause of the problem is...

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Finally, A Judge Rules Sensibly In A Civil Asset Forfeiture Case

Authored by Simon Black via SovereignMan.com, Welcome to our Friday roll up, where we highlight the most interesting, absurd, and concerning stories we are following this week. New Zealand officially legalizes paying employees with crypto-currency  New Zealand issued a tax bulletin this month officially recognizing that it is legal for employers to pay employees with crypto-currencies like Bitcoin. The crypto-currencies just have to be able to be converted into fiat currency... which is...

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