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“Everything Has Gone Wrong… We’ve Centralized All Our Data To A Guy Named Zuckerberg”

Authored by The Next Web's Mar Masson Maack via Hackernoon.com, At its inception, the internet was a beautifully idealistic and equal place. But the world sucks and we’ve continuously made it more and more centralized, taking power away from users and handing it over to big companies. And the worst thing is that we can’t […]

Riding The Blockchain Train: These Companies Changed Their Name, And Their Stock Price Soared

Many others had done it, but nobody quite as blatantly as beverage maker Long Island Iced Tea Corp, which on Thursday became the latest to jump on the cryptocurrency bandwagon, bizarrely but profitably changing its name to Long Blockchain Corp, which sent its shares soaring by 500%. In an ironic twist, we previewed LTEA’s hilarious […]

Banks Demand 11th-hour Reprieve On Key Part Of MiFID II

The clock is ticking down and there are only about three weeks to go before the dreaded MiFID II regulatory structure is implemented on 3 January 2018. While it’s been difficult to judge the industry’s preparedness for the change, several aspects of the new regulations have attracted the most debate and concern. These have included […]

Iceland’s New Government Has Cunning Plan Of Tapping Banks To Boost Growth, Improve Infrastructure

We like Iceland, we’ve never been there, but that doesn’t matter. Besides the outstanding natural beauty, Iceland, unlike the US, UK and practically everywhere else, holds bankers accountable. Last time we checked, 29 had been jailed. As we discussed, it also holds its leaders accountable (partially – see below) when they are complicit in exonerating […]

Meet The World’s Most Powerful Bitcoin Backers

Authored by James Stafford via OilPrice.com, Cryptocurrency may be one of the biggest threats to governments, security and the entire financial system that we’ve ever seen. It can help fund terrorism and its anonymity makes it almost impossible to track. Most importantly, it is poised to revolutionize global finance and banking. But our new Enemy […]

Could Italy’s Banking Crisis Drag Down Mario Draghi?

Authored by Don Quijones via WolfStreet.com,  Just don’t mention “Antonveneta.” A blame game has begun in Italy that risks casting a bright light on the leadership of both the Bank of Italy and Italy’s financial markets regulator Consob. The controversial decision to award the central bank’s current Chairman Ignazio Visco a fresh six-year mandate despite […]

Meanwhile In Sweden, Crime Hits All Time Highs

It appears President Trump, having warned that Sweden's huge intake of refugees would lead to "problems like they never thought possible," has been vindicated. Following media mockery and Sweden's official Twitter account responding: “Hey Don, this is @Sweden speaking! It’s nice of you to care, really, but don’t fall for the hype. Facts: We’re OK!” […]

The Arctic Silk Road: A Huge Leap Forward For China And Russia

Authored by Federico Pieraccini via The Strategic Culture Foundation, The Silk Road, renamed the Belt and Road Initiative (BRI), is developing infrastructure along land and sea trade routes. However, little is known about China’s initiative in the Arctic Circle, which represents a new route that Beijing is now able to develop thanks to technology together […]

America Is The 22nd ‘Best’ Country In The World For Women

To the surprise of many, Saudi Arabia recently announced it would end its longstanding ban on women driving with the change set to come into effect from June 2018. That ban has served as a major symbol of female oppression throughout the world and it has also done huge damage to the kingdom's reputation for years. The […]

US, Sweden, Finland Launch New Format Talks: Dancing To Washington’s Tune

Authored by Peter Korzun via The Stratgeic Culture Foundation, US Defense Secretary James Mattis visited Helsinki on Nov. 6-7 to attend a meeting of the Northern Group, a multilateral forum of 12 countries: Denmark, Estonia, Finland, Germany, Iceland, Latvia, Lithuania, the Netherlands, Norway, Poland, Sweden and the United Kingdom. Before the event, the secretary was […]

Each Bitcoin Transaction Uses As Much Energy As Your House In A Week

While Bitcoin bulls will probably never have it so good as they have in 2017, we wonder whether many of them have stopped to think about the environmental downside of this roaring bull market. After all, back in the dot.com boom, people had ideas about potential internet businesses, issued pieces of paper representing ownership and […]

Iceland’s Biggest Volcano Is “Ready To Erupt” As Europe Faces A Disaster

Authored by Mac Slavo via SHTFplan.com, Iceland’s biggest volcano has been rocked by the strongest earthquake since it last erupted in 2014. With swarms of earthquakes occurring in the French Alps too, Europe is facing what could be one of the largest natural disasters in history. Last week, the 6,591-foot tall Bardarbunga, a “powerful and […]

How Many Barrels Of Oil Are Needed To Mine One Bitcoin?

What would you guess? Five…twenty five…fifty? James Stafford, editor of Oilprice.com not only does the math, but explains the energy-driven geographic arbitrage currently driving bitcoin mining.  The bitcoin boom is well and truly underway, and investors are constantly looking for new ways to gain an advantage in this space The best way to do this, […]

“It’s Sad As Hell” – Swedish Ambassador Admits, We’re “In The Process Of Dismantling Democracy”

Sweden's new ambassador to Iceland has sparked a major controversy after warning that Sweden is "in the process of dismantling democracy" and could be on a slippery slope towards technocracy or a dictatorship. Håkan Juholt, a former leader of the centre-left Social Democrat party and ambassador to Iceland since September, made the comments in an […]

Three Cheers For MEP Dan Hannan: Why Not A Better Brexit Deal For Everyone?

Authored by Mike Shedlock via MishTalk.com, The EU values political correctness more than jobs. The result was a collapse in support for Angela Merkel, and the rise of AfD and FDP in Germany. Let’s not forget Marine Le Pen in France, Beppe Grillo in Italy, and the far right in Austria. For the sake of […]