Bubble

News! 

Subprime Auto Implosion In Full Effect As Lenders Start Dropping Like Flies

We are in the midst of watching the subprime auto lending bubble burst in its entirety. Smaller subprime auto lenders are starting to implode, and we all know what comes next: the larger companies go bust, inciting real capitulation.  

As we all saw from the housing crisis, the smaller shops are usually the first ones to go. The law of large numbers plays to the advantage of bigger corporations and usually buys them more time. The bigger the company, the more the government and institutions care if it goes bust. Smaller companies come and go like it's nothing, because they have no tangible effect on major financial institutions or the US economy. However, this generally only exacerbates the size of the ticking time bomb to come.

However, no one wants to make the point that subprime auto also followed in the footsteps of the financial crisis because it was a bubble that was engineered due to the Fed making it easy to take on cheap debt in order to fuel our nonsense "recovery". 

The continued focus on borrowing and spending, instead of saving and under consumption, will ensure not only that these bubbles continue to happen going forward, but they will get larger in size as time progresses.

Skyscraper Index

The Skyscraper Index is a whimsical concept put forward by Andrew Lawrence, a property analyst at Dresdner Kleinwort Wasserstein, in January 1999,^[1][2] which showed that the world's tallest buildings have risen on the eve of economic downturns.^[3]Business cycles and skyscraper construction correlate^[4] in such a way that investment in skyscrapers peaks when cyclical growth is exhausted and the economy is ready for recession.^[5] Mark Thornton's Skyscraper Index Model successfully sent a signal of the late-2000s financial crisis at the beginning of August 2007.^[6][7] 

Super skyscraper completions to rise 60% in 2018

China leads in constructing ultra high-rise buildings, but market is set to cool

TOKYO -- The world is binging on skyscrapers. About 230 towers worldwide, each at least 200 meters tall, are slated for completion this year.  

This marks a 60% increase from 2017, with China accounting for 60% of the total and Southeast Asia and the Middle East are also big builders. 

Driving the building spree are growing Asian economies and their young populations. But the rapid pace has caused concerns about underlying risks, with some experts forecasting a slowdown in or after next year, depending on China's property market bubble.

US Deploys Three Carrier Battle Groups To Face-Off Against Chinese Aircraft Carrier In South China Sea

Last week, we reported that satellite images had captured China’s only aircraft carrier in deployment, the Liaoning, flanked by 40 other warships and submarines, conducting unprecedented live-fire drills in the South China Sea. This massive Chinese naval exercise was observed for the first time, with China watchers pointing out that such a forceful display of deterrence was highly unusual for the People’s Liberation Army Navy. Perhaps in light of recent events, it was merely a warning.

 Now, according to the South China Morning Post, as Beijing flexes its naval war muscle, the US is preparing for its own "show of force" naval drill in the Asia-Pacific region, and in close proximity to the Liaoning. The Pentagon is reportedly sending an unprecedented three aircraft carrier battle groups to the region, with the USS Theodore Roosevelt flotilla arriving in Singapore sometime early next week. 

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Medical

Propaganda! 

Second wave of flu season hits U.S.

"The dominant strains every year are one of the A strains. They create the big epidemics," Dr. William Schaffner, an infectious disease expert at Vanderbilt University, told HealthLine. "Now, behind the scenes as it were, there are influenza B strains that are circulating at the same time. They cause illness that is just as severe, but the B strains, for biological reasons that we don't understand, don't create big epidemics, but they smolder along."

DYI:  No doctor the U.S. did not experience a flu epidemic last year nor many, many years before.  You are simply a shill for the pharmaceutical industry promoting their worthless flu vaccine by their own admission is only effective 10% to 30% of the time!  Or to put it more bluntly it fails 70% to 90% of the time.  Vaccines are NOT held to the same standards as medications and with its high failure rate you can understand why.

This is nothing more than an advertising piece disguised as news for big pharma.  And they wonder why all forms of print, digital, radio, TV, main stream press is in its death throws of their own making.

 DYI