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Warsh, Druckenmiller Buy “Basis” – The Central-Bank-Inspired “Stable” Cryptocurrency

Three Princeton grads just raised $133 million from some of Wall Street and Silicon Valley’s biggest investors for a cryptocurrency that is ‘boring by design’… On Wednesday, the New Jersey-based cryptocurrency startup ‘Basis’ announced it had raised $133 million in a round backed by venture capital firms including GV (formerly Google Ventures), Bain Capital, Lightspeed […]

Social Media Now Being Used By Police And Intelligence Agencies To Collect Biometrics

Authored by Nicholas West via ActivistPost.com, Amid the ongoing Facebook/Cambridge Analytica debacle over their general surveillance and misuse of users’ private data, there is an emerging trend that is infinitely more disturbing. The first story popped up in the UK yesterday where police admitted to using a photo sent through WhatsApp to cull fingerprints for […]

Iranian General: Iran To Unveil New Missile Next Week

As President Donald Trump decides whether to reauthorize the 2015 Iran nuclear deal, which according to Israel’s Channel 10, Trump could very well abandon the agreement on May 12, Iranian authorities are taking no chances as the invitation to war increases with the West. Authorities in the country have just announced their latest round of new deterrence systems of advanced ballistic missiles and […]

What Is It? Mysterious Object Hovers Over Florida Beach

Beyond preparing for the next war drill, or advancing hypersonic weapons, the United States Department of Defense (DoD) recently announced it has also researched the likely existence of unidentified flying objects (UFO). Among the aerial anomalies, the program investigated, which we have reported here, reveals incredible audio and video recordings of aerial encounters by U.S. military […]

Triffin Warned Us

Authored by Lance Roberts via RealInvestmentAdvice.com, Trade negotiations and threatening global tariff volleys are contributing to significant volatility in the financial markets. Although applicable in many ways, the Smoot-Hawley protectionist act of 1930 is unfairly emphasized as the primary point of reference for understanding current events. In 1944, an historic agreement was forged amongst global […]

Brazil Accuses EU Of Instigating “Trade War”, Threatens WTO Complaint

Brazil’s agriculture minister is accusing the European Union of trying to start a trade war with South America’s largest economy after it threatened to cut off imports of domestic Brazilian chicken following a food-contamination scandal Bloomberg reported. With the European Commission set to discuss restrictions on imports from BRF, Brazil’s largest packaged-food producer and leading […]

Our Strange Attraction To Self-Destructive Behaviors, Choices, & Incentives

Authored by Charles Hugh Smith via OfTwoMinds blog, Self-destruction isn’t a bug, it’s a feature of our socio-economic system. The gravitational pull of self-destructive behaviors, choices and incentives is scale-invariant, meaning that we can discern the strange attraction to self-destruction in the entire scale of human experience, from individuals to families to groups to entire […]