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Tag Archives: Global Economy

Friendly Reminder That Jeff Bezos Is Still Trying To Take Over The Universe

Authored by Caitlin Johnstone via Medium.com, Jeff Bezos, currently the wealthiest human being on planet Earth, did not purchase the Washington Post in 2013 because he was expecting newspapers to make a lucrative resurgence. This self-evident fact doesn’t receive enough attention. I will say it again for emphasis: Jeff Bezos, who has used his business prowess to become the wealthiest person in the world, did not purchase the Washington Post in 2013 because he was expecting newspapers to make...

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Warnings From The “China Beige Book”

Authored by James Rickards via The Daily Reckoning, Leland Miller, a good friend of mine, is the founder and proprietor of an economic research service called the “China Beige Book.” The name “beige book” was borrowed from the surveys conducted by regional Federal Reserve banks of economic conditions in their regions. (In the days before the internet, the Fed issued hard-copy booklets with different-colored covers based on subject matter. The economic conditions booklet had a beige-colored...

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“But The Elites Will Just Ban Bitcoin!”

By Chris at www.CapitalistExploits.at I was thinking about this as I've been reading....and re-reading the absolutely brilliant book "Sapiens: A Brief History of Humankind" by Yuval Noah Harari, who is one of my new favourite thinkers. In particular, there is a chapter which takes a sword to the notion that empires always crush rebellions with an iron fist: Throughout history empires have crushed rebellions with an iron fist, and when its day came, a sinking empire used all its might...

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Who’s Going To Eat The Losses?

Authored by Charles Hugh Smith via PeakProsperity.com, Unsustainable. Many more people need to understand what that word really means, and how it applies to pretty much everything in the current human living arrangement. Especially the so-called 'developed' nations. Here’s the dictionary definition: Let's take these three definitions one at a time. First: our entire economic model, which dependent on borrowing at a faster rate than income (GDP) grows, is something that simply cannot be...

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Deutsche Asks A Stunning Question: “Is This The Beginning Of The End Of Fiat Money?”

One month ago, Deutsche Bank's unorthodox credit analyst, Jim Reid published a phenomenal report, one which just a few years ago would have been anathema, as it dealt with two formerly taboo topics: is a financial crisis coming (yes), and what are the catalysts that have led the world to its current pre-crisis state, to which Reid had three simple answers: central banks, financial bubbles and record amounts of debt.  Just as striking was Reid's nuanced observation that it was the modern...

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Chris Hedges: Our Ever-Deadlier Police State

Authored by Chris Hedges via TruthDig.com, None of the reforms, increased training, diversity programs, community outreach and gimmicks such as body cameras have blunted America’s deadly police assault, especially against poor people of color. Police forces in the United States - which, according to The Washington Post, have fatally shot 782 people this year - are unaccountable, militarized monstrosities that spread fear and terror in poor communities. By comparison, police in England and...

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Global Macro ‘Reality’ – The Hopium Vs Doomium Model Explained

Authored by Peter Tchir via Academy Securities, When Reality and Sentiment Diverge The Hopium versus Doomium Model We are initiating the Hopium vs. Doomium model today.  I first came across the word Hopium in the aftermath of the financial crisis.  It was typically used by ‘doomers’ who believed markets were far ahead of themselves and were betting on hope rather than reality. This model attempts to pit what I view as reality versus what view as sentiment.  The scoring system is partly...

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Visualizing $63 Trillion Of World Debt

If you add up all the money that national governments have borrowed, it tallies to a hefty $63 trillion. Courtesy of: Visual Capitalist In an ideal situation, governments are just borrowing this money to cover short-term budget deficits or to finance mission critical projects. However, as Visual Capitalist's Jeff Desjardins notes, around the globe, countries have taken to the idea of running constant deficits as the normal course of business, and too much accumulation of debt is not healthy...

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How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement

Authored by Michael Snyder via The Economic Collapse blog, Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit.  But in our day and age, we are willingly enslaving ourselves.  The borrower is the servant of the lender, and there has never been more debt in our world than there is right now.  According to the Institute of International Finance, global debt has hit the 217 trillion dollar mark, although other...

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European Stocks On Edge Ahead Of Catalan Independence Call, S&P Futures Rise

S&P futures are again modestly in the green as European shares hold steady ahead of a meeting of the Catalan regional parliament and a possible declaration of independence by Catalan leader Puigdemont, while Asian shares rise a the second day. The dollar declined for the 3rd day, its losses accelerating across the board amid growing concerns that Trump's tax reform is once again dead following the Corker spat and a rejection from Paul Ryan, with the move gaining traction after China set...

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