Authored by Satyajit Das', author of the new book "The Age Of Stagnation" (via MarketWatch),
The mispricing of assets across world markets has reached epidemic proportions.
Stock prices have made strong advances over the past several years, yet market analysts see further gains, arguing that the selloffs of August 2015 and early 2016 represent a healthy correction.
Joe Lieberman wrote a predictably tedious op-ed calling for American “leadership.” One interesting thing about it is that he repeated a claim that Sens. Sasse and Ernst made in their own appeal for hawkish “leadership” last week:
In a conversation with the leader of a European ally, some of us asked what the United States could do to be most helpful to him and his country. His answer was direct: “Elect a president who understands the importance of American leadership in the world.”
Submitted by Joao Peixe via OilPrice.com,
The Islamic State (ISIS) is taking on recruits faster than anyone can keep up with, and it’s heading towards Libya’s oil crescent, eyeing billions of barrels that a country at war with itself cannot protect - even with U.S. air strikes.
Authored by Paul Craig Roberts,
In my archives there is a column or two that introduces the reader to John Perkins’ important book, Confessions of an Economic Hit Man.
Submitted by Erico Matias Tavares via Sinclair & Co.,
Dr. Tino Sanandaji is an economics researcher at the Stockholm School of Economics, Sweden. He holds a PhD from the University of Chicago. A Kurd from Iran who moved to Sweden at the age of 9, he has written extensively about immigration policy as a researcher and contributor to prominent Swedish journals such as the National Review and Real tid.