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Turkish Lira Tumbles As Erdogan Re-Escalates US Tensions

In early trading, the Turkish Lira is slumping (having tagged pre-US-Visa highs) as President Tayyip Erdogan showed no retreat from a diplomatic row with the United States, castigating Washington for what he called an “undemocratic” indictment against his security detail. As Reuters reports, his comments may further dash hopes of a quick resolution to an […]


Low Interest Rates Subsidize Wealthy Households

Authored by Hal Snarr via The Mises Institute, When the economy begins to sink into recession, politicians, mainstream economists, policy wonks, and the Federal Reserve begin beating the economic stimulus drum. Politicians, however, disagree over the type of stimulus to implement. The center-left party proposes greater expenditures on public assistance programs. The center-right party supports […]


Here Is The IMF’s Global Financial Crash Scenario

Hidden almost all the way in the end of the first chapter of the IMF’s latest Financial Stability Report, is a surprisingly candid discussion on the topic of whether “Rising Medium-Term Vulnerabilities Could Derail the Global Recovery”, which is a politically correct way of saying is the financial system on the verge of crashing. In […]


93-Year-Old President Carter: Russians Didn’t Alter Election, Obama Didn’t Deliver, We Didn’t Vote For Hillary

Spot the odd one out… Only one of these six people admits that Russians did not alter the election outcome and did not vote for Hillary… In a lengthy interview with The New York Times recently, 93-year-old former President Jimmy Carter cut loose on some painful establishment 'facts'. As DailyWire.com's Joseph Curl reports, The Times […]


One River CIO “We’re Willing Participants In Our Own Demise”

With the world’s focus falling on Beijing this week, where president Xi Jinping give a glowing account of China’s future during the 19th Party Congress, boasting that “the banner of scientific socialism with Chinese characteristics is now flying high and proud for all to see,” not all are impressed by China’s vision of the world […]


7 Thoughts On Blockchain, Cryptocurrency, & Decentralization After Another Three Months Down The Rabbit Hole

Authored by Lou Kerner via HackerNoon.com, Everyone’s ADD, including me. I get attracted by shiny objects. I first noticed Bitcoin as a shiny object in mid-2013. I went down the rabbit hole far enough for The Wall Street Journal to call me “Wall Street’s Bitcoin expert” while they live blogged a Bitcoin conference call I […]


Big Tech’s Dangerous Influence: “Coming Between Us And Reality”

Via Knowledge@Wharton, Author Franklin Foer reflects on the dangers of losing ourselves in a society dependent on a handful of tech firms.  French philosopher Rene Descartes famously said “I think, therefore I am.” But in the digital age, what we think and how we live are being influenced in a big way by just a handful […]


Air Force To Recall Up To 1,000 Retired Military Pilots After Trump Unexpectedly Revises Sept 11 Executive Order

In an unexpected development, President Donald Trump has signed an executive order allowing the Air Force to recall up to 1,000 retired pilots to address what the Pentagon has decribed as "an acute shortage of pilots," Fox News reported. The order, which Trump signed Friday, amends an emergency declaration signed by George W. Bush in […]


Trump To Recall Up To 1,000 Retired Air Force Pilots In Revised 9/11 Executive Order

In an unexpected development, President Donald Trump has signed an executive order allowing the Air Force to recall up to 1,000 retired pilots to address what the Pentagon has decribed as "an acute shortage of pilots," Fox News reported. The order, which Trump signed Friday, amends an emergency declaration signed by George W. Bush in […]


Spain Won’t Arrest Separatist Leaders, Blames “Fake News” For Catalan Crisis

Following Catalan President Puigdemont's address yesterday accusing Madrid of "the worst attack since Franco," the Spanish government has urged Catalonians to accept direct control from Madrid and ignore seditious instructions from the pro-independence leaders. Spanish Foreign Minister Alfonso Dastis responded on Sunday with the call to obey Madrid. “We are going to establish the authorities […]


Maxine Waters Threatens To “Go And Take Out ‘Moron’ Trump”, The Most “Dangerous President Ever”

It's been a big weekend for California Congresswoman Maxine Waters. Having slammed White House Chief of Staff John Kelly on Saturday for defending President Donald Trump's conversation with a Gold Star family, demanding that he apologize for his remarks toward Democratic Rep. Frederica Wilson of Florida… "Gen. Kelly has been tainted by Trump lying in […]


Tillerson Demands Iran “Militias” Leave Iraq As Fighting Against ISIS “Comes To A Close”

One week after we reported that the head of Iran’s elite Revolutionary Guard (which two weeks ago was designated by the US as a terrorist organization), Qassem Soleimani, was observed in Erbil last Sunday where he met with Kurdistan regional president Barzani to discuss the growing crisis – the latest indication of Iran’s surging influence […]


Examining The Most Hated Bull Market Ever

Authored by Lance Roberts via RealInvestmehtAdvice.com, From last week: “The seemingly “impervious” advance since the election last November, has had an interesting “stair step” pattern with each advance commencing from a breakout of a several month 3%-ish consolidation range. Furthermore, each advance then pushes to a 3-standard deviation extreme, black circles, of the 50-dma before beginning […]


“It Could Open A Pandora’s Box”: Italy’s 2 Richest Regions Are Voting In Historic Autonomy Referendums

Voters in Italy’s two wealthiest northern regions of Lombardy and Veneto are voting on Sunday in referendums for greater autonomy from Rome, in which a positive outcome could fan regional tensions in Europe at a time when neighboring Spain is cracking down to prevent Catalonia from breaking away. Lombardy, which includes Milan, and Veneto, which […]


China’s Government Is Expected To Buy 24% Of All Residential Real Estate For Sale In 2017

Back in March, we explained why the “fate of the world economy is in the hands of China’s housing bubble.” The answer was simple: for the Chinese population, and growing middle class, to keep spending vibrant and borrowing elevated, it had to feel comfortable and confident that its wealth will keep rising. However, unlike the […]