Stocks Soar As Corporations Are Defaulting On Their Debts Like It's 2008 All Over Again
Submitted by Michael Snyder via The Economic Collapse blog,
Submitted by Michael Snyder via The Economic Collapse blog,
In mid-January, world-renowned Dennis Gartman proclaimed that crude wouldn't see $44 again "in my lifetime."
That could be problematic...
Is anyone offering short-dated CDS on Gartman?
All that hackers need to listen in on your phone conversation or to read your text messages or to track your movement is your smartphone number. The Daily Mail reports: They can do this by exploiting a flaw in a global telecom network called Signal System 7 (SS7) that helps phone carriers across the world route calls and texts. Now, a 60 minutes investigation has revealed just how easy it is to exploit this vulnerability, and according to experts, all phones are at risk.
In late January, when George Soros was interviewed in Davos, he revealed what may have been his most bearish outlook yet, revealing that he is not only short the S&P 500, saying the Fed rate hike was a "mistake" (something the Fed's subsequent relent and global easing U-turn have confirmed), and that China will have a hard landing.
With feces-infested waterways, Zika-carrying mosquitoes, a collapsing economy, and political corruption that runs from top to bottom, Brazil is in trouble. All that excludes now impeached president Dilma Rousseff who refuses to step down, which has cast the country in political limbo.