Economy Italy’s Government Collapses, Turning Chaos Into Crisis (Sparky1) Mr. Salvini may yet get his wish. But for now there remains the chance that his lengthening list of political enemies could form a new coalition government that freezes him out of power. At least immediately, things haven’t gone as Mr. Salvini had planned. What Happens In A Recession? (tmn) This column is not in the business of forecasting recessions, based on inverted yield curves or any other form of augury. But when enough credentialed auguries suddenly think one might be possible, it seems prudent to speculate about the consequences if they turn out to be correct. So let’s imagine what might follow if, sometime this winter, our post-2008 economic expansion finally ends. Mortgage Market Reopens to Risky
Peak Prosperity considers the following as important: News
This could be interesting, too:
Peak Prosperity writes Market Update: Stampede!
Charles Hugh Smith writes What Lies Ahead: Destabilizing Social Stratification
Peak Prosperity writes Too Much Damage Is Being Done
Contributor writes Will Great Unlock Push Gold Prices Down?
Mr. Salvini may yet get his wish. But for now there remains the chance that his lengthening list of political enemies could form a new coalition government that freezes him out of power. At least immediately, things haven’t gone as Mr. Salvini had planned.
This column is not in the business of forecasting recessions, based on inverted yield curves or any other form of augury. But when enough credentialed auguries suddenly think one might be possible, it seems prudent to speculate about the consequences if they turn out to be correct. So let’s imagine what might follow if, sometime this winter, our post-2008 economic expansion finally ends.
More than a decade after home loans triggered the worst financial crisis in a generation, the strict lending requirements put in place during its aftermath are starting to erode. Home buyers with low credit scores or high debt levels as well as those lacking traditional employment are finding it easier to get credit.
Two cities so far have come forward to say their computer systems were affected. Officials in Borger in the Texas Panhandle, said the attack has affected city business and financial operations. Birth and death certificates are not available online, and the city can’t accept utility payments from any of its 13,25o residents. “Responders have not yet established a time-frame for when full, normal operations will be restored,” city officials said.
“I was put here by people,” the president said. “I was put here by people to do a great job. And that’s what I’m doing.”
Earlier Wednesday, Trump retweeted a right-wing pundit’s flattering, messiah-flavored comments about the president’s support in Israel.
Facebook collects information about its users in two ways: first, through the information you input into its website and apps, and second, by tracking which websites you visit while you’re not on Facebook. That’s why, after you visit a clothing retailer’s website, you’ll likely see an ad for it in your Facebook News Feed or Instagram feed. Basically, Facebook monitors where you go, all across the internet, and uses your digital footprints to target you with ads. But Facebook users have never been able to view this external data Facebook collected about them, until now.
It’s a question more researchers are beginning to ask in a country where there are more dogs than children — and where dogs are quickly becoming the most destructive predator. They’re invading nature preserves and national parks. They’re forming packs, some 15 dogs strong, and are hunting wild prey. They’ve muscled out native predators such as foxes and big cats in nature preserves, outnumbering pumas 25 to 1 and ocelots 85 to 1.
The mother and her child are the first cases to have been detected in the province, increasing fears of the disease spreading throughout the country. Health officials are tracking and vaccinating those who came into contact with the patients.
Florida panthers and bobcats are the only two wild cat species found in the state. There are only 120 to 230 adult panthers in the population, and they are listed on the Endangered Species Act. Determining the cause of the disorder can help officials minimize the impact it will have on the panther’s population.
Accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy even more and print currency “like crazy”
That hesitance is fading fast as oil majors make ever-larger and longer-term commitments to drill in the Permian Basin and residents grow weary of traffic jams on once-rural roads, long waits for medical appointments, pricey housing and overcrowded schools. Local governments, industry and foundations are joining forces to tackle the region’s overwhelmed infrastructure and public services.
But that’s just the current daily average based on EIA data from 2016. Today, estimates are that we are chewing through 100 million barrels per day or more. But that hasn’t always been the case.
According to BP’s Statistical Review of World Energy, consumption has been on a steep uphill trajectory for decades, starting at about 40 million barrels per day consumed in 1969.
Shale Bleeds Cash Despite Best Quarter In Years (Thomas R.)
“Last quarter’s cash performance—just a hair over breaking even—would count as a bitter disappointment in virtually any other sector of the economy,” the report stated. “But for an industry that has posted negative cash flows for a decade, these mediocre results represent a financial high-water mark.”
Despite the progress in output, however, climate change has already begun to weaken what’s known as “food security,” or the availability of food and one’s access to it. The report, complied by over 100 scientists from 52 countries, points to prior studies that have analyzed both industrial and individual farming and found declines in crop production “related to rising temperatures and changes in precipitation.”
Smoke from Amazon wildfires plunges Sao Paulo into darkness in middle of day (Sparky1, Thomas R.)
The World Meteorological Organization said Tuesday on Twitter that atmospheric monitoring data shows smoke from fires across the Amazonian region has caused smoke to reach the Atlantic coast, including Sao Paulo.
Many took to Twitter on Monday to post photos and videos of the darkened skies over the city.
This is pyroplastic—a newly described form of plastic pollution that was transformed by fire. Even geologists are often confounded by its appearance. To Andrew Turner, an environmental scientist at the University of Plymouth who described the substance in a recent paper in Science of the Total Environment, that suggests pyroplastics may be hiding in plain sight all over the world.
Gold & Silver
Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”
The post Daily Digest 8/22 – 22 TX Towns Hit With Ransomware Attack, What Happens In A Recession? appeared first on Peak Prosperity.
Powered by WPeMatico