RE: Greg Hunter: Weekly News Wrap-Up for Week Ending 25 October 2019
There now seems to be a constant stream of banks and companies in financial trouble.
The UK Serious Fraud Office (SFO) has decided not to charge the U.K. banking institutions involved in the rigging of the LIBOR rate during the 2008 financial crisis. THE REASON - IT IS NOT IN THE PUBLIC INTEREST. WHAT!!!
This SFO decision means that powerful institutions like Central banks and Too Big to Fail banks are immune from their crimes and that they can act with impunity. THEY ARE ABOVE THE LAW!!!
Being in the UK, I'm not able to view the Washington Post and New York Times. But I often heard from many sources that it is just 'Fake News. At one time I believe, these newspapers were highly regarded for being unbiased, very factual and trustworthy.
It quite concerning the USA crop decline because of the late planting 6 months back due to cold wet weather lasting for four to six weeks, compared to previous years. Definitely food prices are going to rise, thereby increasing inflation.
If it wasn't for Greg Hunter, others and you, I would not know what is going on in the world! Our mainstream media just present news they want us to know with a political bias and 'political correctness', rather than inform the public at large the REAL NEWS.
Thanks for posting this Greg Hunter 'News Wrap-up' On Steemit.
Many, if not all, of the news outlets here in the U.S. have an agenda. Even my local paper and local news outlets. My dad always told me, "don't believe everything you hear". Well that certainly is true today. Of course that should also go for what they teach (with an agenda) in school these days. No longer is critical thinking taught, it is mostly just indoctrination.
As far as crops, here in Nebraska harvest time is in full swing. Looking at the local fields (5 miles from my house), the crops look good. However, what does not get harvested by the end of today will be subjected to rain, snow, and freezing temperatures. The delay in putting crops in due to spring rains is now at risk of rain, snow, and freezing temperatures during harvest time. Looking at the fields around my house, harvesting is about 75% done.
Yes, it seems that many companies are in trouble. Without "free money" from central banks, many would likely be no longer. I do not think it will be a good Christmas. While I will be looking to pick up a few items at great sale prices, I do not intend to spend as much as I have in previous years.
Have a great week!
Steem on,
Mike