Update 3: The Irma hits just keep on coming, with the NHC Atlantic Ops twitter page reporting that as of this moment, Irma is now the stronger hurricane in the Atlantic basin outside of the Caribbean Sea and Gulf of Mexico in NHC records. “Preparations should be rushed to completion in the hurricane warning area,” the NHC said.
With Florida already bracing for a hit from Hurricane Irma, which according to some models may attain "monster" Category 5 winds as it nears land prompting locals to store up on everything from water to food to gas and various other housing supplies, late on Monday afternoon Florida Gov. Rick Scott declared a state of emergency ahead of potential landfall, just hours after the governor of Puerto Rico did the same.
![Where There's [Almost] "Blood In The Streets" In America Today...](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/bfed269b3219b0890fa3c1f7183c8481-600x313.jpg?itok=V9nutJDS "Where There's [Almost] \"Blood In The Streets\" In America Today...")
Authored by Simon Black via SovereignMan.com,
In the spring of 1871 after a miserable defeat in the Franco-Prussian War, Paris plunged into a major crisis as local citizens revolted against the government.
Financial markets went berserk as a result, and the prices of French government bonds plummeted.
There’s an old story that an heir to a large fortune came calling to the offices of the Rothschild banking family looking for investment advice.
Authored by Patrick Buchanan via Buchanan.org,
If Gov. Bruce Rauner and his legislature in Springfield do not put a budget together by Friday, the Land of Lincoln will be the first state in the Union to see its debt plunge into junk-bond status.
Illinois has $14.5 billion in overdue bills, $130 billion in unfunded pension obligations, and no budget. “We can’t manage our money,” says Rauner. “We’re like a banana republic.”
Picking up where he left off last week, when Bill Gross told Bloomberg that U.S. markets are at their highest risk levels since before the 2008 financial crisis "because investors are paying a high price for the chances they’re taking", in his latest monthly investment outlook, the Janus Henderson bond manager says that investors should be wary as low interest rates, aging populations and global warming which inhibit real economic growth and intensify headwinds facing financial markets: