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Sub MOA

As seen in: Zero Hedge
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Articles by Sub MOA

This Is How Trump Is Going To Be Blamed For The Next Financial Crash

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By Sub MOA
| Zero Hedge
Authored by Mac Slavo via SHTFplan.com, On Wednesday there were a lot of Trump fans who were celebrating the latest progress in the stock market. For the first time in over 100 years, the DOW gained 4,000 points over the course of 200 working days. That’s 4,000 points since Trump was elected, so it’s easy to draw a connection between the stock market’s dizzying new heights and Trump’s ascent to the White House.
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Grab A Beer Philadelphia, The Soda Is Too Damn Expensive

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By Sub MOA
| Zero Hedge
Via SovereignMan.com, What happened: Turns out when soda cost the same as beer, people choose to drink beer. That is what is happening in Philadelphia. The city’s 1.5 cent per ounce tax on soda has made beer a cheaper option. But that isn’t the only effect of the ill conceived plan to raise revenue. The tax didn’t raise the money expected, according t o a study by the Tax Foundation.
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The Prison State Of America: More Jails Than Colleges

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By Tyler Durden, Uranus Hertz, Sub MOA, Pie rre
| Zero Hedge
As we recently noted, The Prison State of America is alive and well as our prison-industrial complex, which holds 2.3 million prisoners, or 25 percent of the world’s prison population, makes money by keeping prisons full. While the statistics are mind-boggling, we thought it particularly ironic that on the day when President Obama officially launched his "free community-college for all" plan, that we point out there are more jails than colleges in America... and here's where they live...
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Obama's Fed Board Appointee Was Previously Busted, And Quit, For "Impropriety"

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By Phoenix Capital., Tyler Durden, Richard Chesler, Sub MOA, A Moose
| Zero Hedge
Yesterday, to much fanfare, the White House blasted that it was Obama's desire to appoint Allan R. Landon, a Hawaiian community banker, to serve on the Board of Governors of the Federal Reserve System. To wit: "President Obama said, “Allan Landon has the proven experience, judgment and deep knowledge of the financial system to serve at the Federal Reserve during this important time for our economy. He brings decades of leadership and expertise from various roles, particularly as a community banker.
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"Now There's Not Even Soap" Maduro Heads To China To 'Save' Socialist Utopia Venezuela

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By Tyler Durden, Reggie Middleton, Richard Chesler, Sub MOA, I Kudlow
| Zero Hedge
Social media is awash with striking images of #EmptyShelvesInVenezuela (#AnaquelesVaciosEnVenezuela) as the evaporation of basic human staples such as toilet paper has now been hyperinflated to total chaos at warehouses and supermarkets. As President Maduro decries the loss of $100 oil "stability", vowing to return oil prices to their rightful places (and heads to China for help), lines reach for miles for milk and soap...
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Japanese Stocks Tumble 350 Points From Friday Highs, JPY 119 Handle, WTI Crude Hits $51 Handle

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By Tyler Durden, Reggie Middleton, Paveway IV, Sub MOA, I Kudlow
| Zero Hedge
USDJPY tumbles to a 119 handle briefly before Japan opened to its normal JPY-selling spike temporarily lifted the pair 'off the lows'. This drop dragged stock futures lower with Nikkei 225 tumbling over 350 points from its Friday trading highs. Oil prices continue to slide (WTI now with a $51 handle) and EURUSD is bouncing back from its precipitous decline earlier in the evening. S&P futures were down almost 10pts but have recovered about half their losses.
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Last Minute Fizzle Fails To Dent Best 3-Day Stock Surge In 3 Years

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By Phoenix Capital., Tyler Durden, J S Bach, Sub MOA, Bruce Krasting
| Zero Hedge
The Dow rips over 800 points off its lows in 3 days, S&P over 100 near record highs.. before a weak close... The late-day rebalance and opex seemed to spark some weakness The best 3-day run in 3 years As "most shorted" stocks suffered their biggest squeeze in over 3 years... Off the lows - quite a meltup... Overall the week was big for Small Caps -best week in 2 months; S&P's 2nd best week in 2 years...
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The Worst Case If The Oil Slump Continues: "A Profit Recession"

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By Tyler Durden, Tim Knight from., Fuku Ben, Sub MOA, Tucson Tom
| Zero Hedge
With hopes high, at least among corner offices of the majors, that this week's OPEC meeting will somehow manage to slow down the biggest plunge in crude prices since Lehman, it will take much more than mere talk and hollow promises to offset the recent cartel-busting actions of Saudi Arabia. So in a worst case scenario where supply remains unchanged even as global energy demand continues to decline sharply due to the ongoing global slowdown... ...
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Wall Street Stunned As Iceland Dares To Jail Banker Involved In 2008 Crash

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By Tyler Durden, Ban KKiller, Sub MOA
| Zero Hedge
The impossible is possible. Never say never. Wall Street bankers are staring agog at headlines coming from Europe where, in Iceland, the former chief executive of one of the largest banks in the country which was involved in crashing the economy in 2008 has been sentenced to jail time .
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Surveillance State Wins - Senate Votes To Allow NSA Bulk Data Collection To Continue

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By Tyler Durden, Bangalore Equit., Sub MOA
| Zero Hedge
Senate leaders failed to get the 60 votes needed to advance The USA Freedom Act - which would have limited the National Security Agency’s bulk collection of phone records - and as Bloomberg reports, it's unlikely a new version can be drafted for another vote before the congressional term expires this year.
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