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Consumer Credit +7.5%, Revolving Credit +11.5%, Non-Revolving +6.25% YoY
July 9, 2018 Off

Consumer Credit +7.5%, Revolving Credit +11.5%, Non-Revolving +6.25% YoY

By Mike Mish Shedlock

Year-over-year expansion of consumer credit continues unabated. It’s the only way people can “afford” to buy things.

Here’s How All Those ‘Rick and Morty’ Jokes Wound Up on ’Jeopardy!’
July 9, 2018 Off

Here’s How All Those ‘Rick and Morty’ Jokes Wound Up on ’Jeopardy!’

By Beckett Mufson

Rick and Morty fans usually make the news for being awful manchildren who harass women online or scream publically about…

Trump’s Former Lawyer Is Now Thrashing to a Punk Band Called Copstabber
July 9, 2018 Off

Trump’s Former Lawyer Is Now Thrashing to a Punk Band Called Copstabber

By Drew Schwartz

On Saturday night, punk band Copstabber, known for hits like “Butt Drugs,” “Dick Farmer,” and “Fuck School, Stay in Drugs,”…

Logan Paul and the Myth of Cancel Culture
July 9, 2018 Off

Logan Paul and the Myth of Cancel Culture

By Connor Garel

This article originally appeared on VICE Canada. There exists a popular and inarguably comical expression on social media—primarily Twitter, of…

UK Ministers: Mad as Hell and Can’t Take it Anymore
July 9, 2018 Off

UK Ministers: Mad as Hell and Can’t Take it Anymore

By Mike Mish Shedlock

Boris Johnson is the latest UK minister to resign over Brexit. His letter to May explains why.

Odds of Hard Brexit Increase as UK Foreign Secretary Boris Johnson Resigns
July 9, 2018 Off

Odds of Hard Brexit Increase as UK Foreign Secretary Boris Johnson Resigns

By Mike Mish Shedlock

UK Foreign Secretary Boris Johnson resigned this morning fresh on the heels of Brexit Secretary David Davis resignation.

More Give Everybody “Free Money” Idiocy
July 9, 2018 Off

More Give Everybody “Free Money” Idiocy

By Mike Mish Shedlock

Annie Lowrey, the author of a new book on universal basic income says Trump should “shower people with money”.

UK Brexit Minister David Davis Unexpectedly Resigns Leaving Government in Peril
July 9, 2018 Off

UK Brexit Minister David Davis Unexpectedly Resigns Leaving Government in Peril

By Mike Mish Shedlock

David Davis resigns. What’s next is uncertain, but there may be a challenge to Theresa May’s government.

ECRI says “Very Serious” Synchronized Global Downturn
July 8, 2018 Off

ECRI says “Very Serious” Synchronized Global Downturn

By Mike Mish Shedlock

The ECRI says the global slowdown is “very serious”. How serious? Not serious enough to cause a recession, yet.

‘Friend Zone,’ Today’s Comic by Valentine Gallardo
July 8, 2018 Off

‘Friend Zone,’ Today’s Comic by Valentine Gallardo

By Valentine Gallardo

Check out more of Valentine Gallardo’s work on Facebook and Tumblr.

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