Wall Street Crushes the American Dream
Dark Landlords Want YOUR Home Hi Reader, Here’s what our editors are looking at today… | | | News: Dave Gonigam – Dark Landlords: Why Blackstone and Wall Street Are Buying up American Homes Have you been called recently to sell your house? Offered cash to just pack up and leave when your house isn’t even on the market? Dark Landlords want YOUR house. And they don’t want to wait. Wall Street-backed corporations — multibillion-dollar enterprises — are buying up American real estate by the boatload. If your kids or grandkids are looking to buy their first house, I’d wish them luck. Because it’s next-to impossible to beat out Big Business offering cash up front. And then… once they own large swaths of property, it (obviously) turns into a for-profit enterprise — driving rent up astronomically and prohibiting renters from even being able to save enough to compete with these huge corporations. Dave Gonigam has followed this story since 2012 and he'll explain why it's coming to a head... and why your house could be next on the menu for these hungry corporate landlords. ⇒ See More Here | |
Politics: Jim Rickards – Will the Fed Sabotage Trump? It’s an election year. Interest rates are high relative to current inflation rates and are the highest they’ve been since 2006.Do those two conditions have anything to do with each other? The Federal Reserve would say no but history would say yes. On the one hand, the Federal Reserve has always maintained they are above politics. According to Fed propaganda, members of the board of governors check their politics at the door of the Fed boardroom and act solely on the basis of economic data and what’s best for the U.S. economy in terms of inflation and unemployment. Of course, that’s nonsense. The Fed has always been highly political. It’s just that they’re very good at hiding it… ⇒ Read More Here | |
Markets: Chris Campbell – The Next Trillion-Dollar Crypto Bitcoin is still a big deal. It’s minted no shortage of millionaires and billionaires. It will continue to do so. But the next trillion-dollar coin is Ethereum — it’s what Facebook, Google, Netflix and Amazon were over a decade ago. Most people just haven’t figured it out yet. I’ll tell you why I think Ethereum has such incredible potential. The important thing to realize: Cryptocurrencies have a purpose. Bitcoin was just the first sketch… ⇒ Read More Here | |
America: Ray Blanco – Filtering Out Fake News “Fake News” is a term that erupted in popularity during the 2016 Presidential election. It was used so frequently by the candidates, pundits, social media, and anyone else with a TV, that it almost immediately lost all meaning. But they’re not completely wrong: I’m biased. And so are you. It’s impossible for someone that interacts with the world they live in to not be. If it’s written by a person, it is tainted with bias. And it’s why the Fake News problem is unsolvable. At least it was until now… thanks to AI. ⇒ Read More Here | |
That’s all for today, we’ll be back tomorrow with what our editors were thinking about this week. Make sure to email us here with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
| | | | Hey, it’s James. Before you read any further in today’s issue, an urgent situation needs your immediate attention. If you don’t plan on claiming this upgrade to your Altucher’s Investment Network subscription, you’re missing out on a huge opportunity. Right now is your chance to grab one of the biggest (and most valuable) upgrades our company has ever made to a newsletter. I’m taking Altucher’s Investment Network to an entirely new level and I’d hate to see you left behind. To see how to claim your upgrade, just click here now. Once you’re done with that, read on to see today’s issue… ⇒ Read More Here | |
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Keep a civil tongue.