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Peso Pounded Most Since Election As Corruption Probe Deepens

The Mexican peso has tumbled over 3% in the last 4 days, plunging to its weakest against the USDollar since March as the ongoing corruption investigation soured market sentiment. As we detailed yesterday, a deepening graft investigation involving Alejandro Gutierrez, a former deputy of sitting President Enrique Pena Nieto could imperil his party’s chances in the coming […]


Peso Plunges To 9-Month Lows As Corruption Probe Spreads

The Mexican peso is plunging (down over 1% today) to its weakest against the dollar since March after a former deputy in the ruling party in Mexico was arrested as part of a graft inquiry. As Bloomberg reports, political uncertainty continued to weigh on the most-traded currency in emerging markets. A deepening graft investigation involving Alejandro Gutierrez, […]


Shocking Video Shows What Everyday Life Is Like In Puerto Rico Now

Authored by Daisy Luther via The Organic Prepper blog, In Puerto Rico, everything has changed since Hurricane Maria struck nearly 3 months ago. Many people have no running water. And if they do, it can’t be consumed without boiling. There’s no electricity in many regions. Supplies are scarce. I’ve written about the SHTF aftermath in […]


What Life Is Like For A Million People In Puerto Rico Who Still Don’t Have Power

Authored by Daisy Luther via The Organic Prepper blog, If you ever wondered what it would look like if the grid collapsed here on the mainland, the island of Puerto Rico is a tragic, real-life case study. These stories show us what life is like for more than a million people who STILL don’t have […]


Bitcoin Just Crashed Over $1000

Bitcoin has just collapsed over $1000, back below $11,000…On heavy volume… Ethereum is also down hard… No immediate catalyst for the move, but we do note that it started as Venezuela’s Maduro unveiled “The Petro” – their official cryptocurrency. Or is this why? The dreaded Barron’s Cover Curse? http://WarMachines.com


Maduro Unveils “The Petro”: Venezuela’s Official Cryptocurrency To “Overcome Financial Blockade”

Three months ago, in a not entirely surprising move meant to circumvent US economic sanctions on Venezuela, president Nicolas Maduro announced that his nation would stop accepting dollars as payment for oil imports, followed just days later by the announcement that in a dramatic shift away from the Petrodollar and toward Beijing, Venezuela would begin […]


Bankrupt Venezuela Is Demanding Oil From JV Partners Without Payment

Now that Venezuela, and its state-owned petroleum company PDVSA, were both officially declared in default on their debt by ISDA last Friday, analysts were closely watching what the insolvent Maduro government would do next, now that it is – at least on paper – isolated from most international capital markets (with the occasional loophole when […]


Peso, Loonie Spike On Positive NAFTA News

With NAFTA negotiations currently taking place, and NAFTA currencies very sensitive to every headline, both the Peso and Loonie suddenly spiked on a Bloomberg headline that suggests that talks just may be progessing in a favorable fashion: NAFTA DEAL NEAR ON TELECOM, ENERGY, E-COMMERCE:MEX BUSINESS REP Some additional color from Bloomberg: Mexico sees the nations […]


Trump Administration Ends Immigration Protections For Haitians Displaced By 2010 Earthquake

In a decision that was widely anticipated, the Trump administration has decided to end immigration protections for Haitians who migrated to the US following a devastating earthquake that laid waste to Haiti back in 2010.Now, the 50,000 Haitians still living in the US under the protections have 18 months to leave, according to the Department […]


Venezuela’s Default Disaster

Authored by Daniel Lacalle via The Mises Institute, Socialism always promises heaven and gives hell… In the early hours of Thursday, November 2, the Maduro regime certified its latest failure with what they promised would never happen: technical default. With his usual arrogance, Maduro issued a “decree” demanding “the refinancing and restructuring of the debt as […]


Ben Garrison On Mending A Fractured America

Authored by Ben Garrison via GrrrGraphics.com, Earlier this week I was on the Jesse Lee Peterson show out of LA. It was a short segment early in the morning and we briefly discussed the NFL kneelers. I spoke about how they offended the fans, the veterans, and US history in general. I pointed out that […]


The 11 Nations Of The United States

Via Jim Quinn's Burning Platform blog, In his fourth book, “American Nations: A History of the Eleven Rival Regional Cultures in North America,” award-winning author Colin Woodard identifies 11 distinct cultures that have historically divided the US. Yankeedom Encompassing the entire Northeast north of New York City and spreading through Michigan, Wisconsin, and Minnesota, Yankeedom values education, intellectual achievement, […]


Trump And Putin: What Comes Next?

Authored by Nikolas Gvosdev via The Strategic Culture Foundation, Will a future, formal Trump-Putin summit be a game changer? Last week, I noted that any encounter between Donald Trump and Vladimir Putin that would take place at the Asia-Pacific Economic Cooperation summit in Da Nang, Vietnam, would have to address two critical questions if there was […]


Puerto Rico Bond Prices Plunge Below Venezuela’s On Moratorium Fears

Which is worse – from a bond market perspective – Socialist utopia Venezuela or debt-bloated Puerto Rico? Of course, comparing price is not a fair comparison in bond land… Nevertheless, the collapse in Puerto Rico bond prices – to new record lows – comes as Bloomberg reports Puerto Rico is considering suspending debt-service payments for […]


New Hampshire Lawmaker Equates Homeschooling To “Child Abuse” – Nanny State To Be Pushed On Parents

Authored by Joseph Jankowski via PlanetFreeWill.com, In 2012, the State of New Hampshire passed a measure that eased the state’s intervention into the operations of homeschooling families by reducing the number of filings parents would have to submit in order to get state approval for their efforts to educate their children. This move, according to Home […]