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Zero Hedge
our mission: to widen the scope of financial, economic and political information available to the professional investing public. to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become. to liberate oppressed knowledge. to provide analysis uninhibited by political constraint. to facilitate information's unending quest for freedom.

Zerohedge

Active Volcano Mt. Rainer Shaken By ‘Swarm’ Of 23 Earthquakes

Don’t panic - it's only an active volcano. What’s the worst that could happen? Some two dozen earthquakes have shaken Washington State’s Mt. Rainer over the past two weeks – but seismologists say people who live nearby shouldn’t panic. “In the past, these swarms last a couple of days to a week or so and then die out,” said Paul Bodin, of the Pacific Northwest Seismic Network at the University of Washington. The first of the 23 quakes struck on Sept. 11 near the volcano’s summit. The largest...

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The Worst Mistake In US History

Authored by Jacob Hornberger via The Future of Freedom Foundation, The worst mistake in U.S. history was the conversion after World War II of the U.S. government from a constitutional, limited-government republic to a national-security state. Nothing has done more to warp and distort the conscience, principles, and values of the American people, including those who serve in the U.S. military. A good example of how the national-security state has adversely affected the thinking of U.S....

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Caught On Video: Americans Beaten By Erdogan Supporters In New York City

Once again supporters of Turkish President Recep Tayyip Erdogan have roughed up American protesters on American soil. As Erdogan delivered a speech to supporters in New York City at the Marriott Marquis in Times Square on Thursday, a handful of protesters began holding up signs and yelling anti-Erdogan slogans. Men in black suits immediately rushed the protesters and began violently removing them while the crowd punched and shoved those being carried out. Video released by Turkish...

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Stocks, USDJPY Stumble After North Korean “H-Bomb Test” Threat Reports

After an initial slide on Kim's "deranged dotard" reaction to President Trump, both USDJPY and US equity futures are falling further after Yonhap reports, North Korea’s Foreign Minister Ri Yong Ho says the “highest level of hard-line” countermeasure could refer to hydrogen-bomb detonation in the Pacific. Of course, if recent threats and tests are anything to gop by tyhis is the perfect time to BTFN(uclear)A(rmageddon)Dip!

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The Future Will Be Decentralized

Authored by Mike Krieger via Liberty Blitzkrieg blog, I heartily accept the motto, “That government is best which governs least”; and I should like to see it acted up to more rapidly and systematically. Carried out, it finally amounts to this, which also I believe - “That government is best which governs not at all”; and when men are prepared for it, that will be the kind of government which they will have. – Henry David Thoreau, Civil Disobedience Some people live their existence in a...

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To Prevent Rebellion, Spain Docks Cruise Ship Housing 16,000 Riot Police In Barcelona Port

Efforts by Madrid to stop a Catalonia independence vote, currently slated for October 1st, seem to be growing more hostile by the day.  Earlier this week Spanish police seized control of Catalonia’s finances, seeking to ensure that separatist politicians could not spend further public funds on the referendum, and conducted raids across Catalonia to confiscate ballots and campaign materials from printing shops and delivery companies. Now, as the New York Times notes this morning, Spanish...

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South Korea Overtakes China As Bitcoin’s Third-Largest Market

China-based digital currency exchanges have until the end of September to cease operations after Chinese authorities, spooked by the ICO craze, decided earlier this month to crack down on all exchange-based digital currency trading. Trading volume in China has fallen dramatically since the country’s exchanges briefly halted withdrawals earlier this year as they implemented new AML controls. Now, it appears that at least some of those displaced by China’s crackdown have migrated to South...

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Kim Jong Un Vows To Tame “Mentally Deranged Dotard” Trump “With Fire”

The verbal soap opera continues. Just hours after North Korea's foreign minister Ri Yong-ho called Donald Trump a "barking dog", the rogue state's president, Kim Jong-Un called President Donald Trump “a frightened dog” and a “gangster fond of playing with fire” in an official yet fiery statement on Thursday. Reacting to Trump's United Nation's speech in which the US president called Kim Jong Un “Rocket Man,” and threatened to "totally destroy" North Korea, Kim's response was nothing short of...

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India: The Genie Of Lawlessness Is Out Of The Bottle

Authored by Jayant Bhandari via Acting-Man.com, Recapitulation (Part XVI, the Last) Since the announcement of demonetization of Indian currency on 8th November 2016, I have written a large number of articles. The issue is not so much that the Indian Prime Minister, Narendra Modi, is a tyrant and extremely simplistic in his thinking (which he is), or that demonetization and the new sales tax system were horribly ill-conceived (which they were). Time erases all tyrants from the map, and...

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1 Million Ohio Public Employees Face Pension Cuts As Another Ponzi Teeters On The Brink

We've written frequently of late about the pension crisis in Kentucky where pensioners are facing potentially catastrophic benefit cuts as their politicians finally admit that they've been sold a fantasy for decades (see: Pension Consultant Offers Dire Outlook For Kentucky: Freeze Pension And Slash Benefits Or Else). Unfortunately, Kentucky is not unique as there is a never-ending stream of similar pension failures popping up daily all around the country.  The latest such example comes to us...

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