America

We’ve written a lot about property bubbles in recent weeks – how the bubbles in London and Sydney are bursting, Hong Kong’s has just seen the record price paid per square foot (Twice in the same day) and Monaco is building into the Mediterranean Sea to satisfy the huge demand from frustrated millionaires. A bit like Monaco, one of the problems for Lisbon’s house buyers is that central Lisbon is relatively small. According to Bloomberg.

Last week, Seth Wessler wrote a story for the New York Times, in which he described “terror on the high seas”: an expansion of the maritime war on drugs, the U.S. Coast Guard is operating a fleet of secret floating prisions in the Pacific Ocean. Coined “floating Guantanamos”, Coast Guard cutters have been deployed as far as 3,000 miles miles away from the nearest U.S. port, to international waters from Central America to South America in a bid to bust drug smugglers.

Authored by Eric Zuesse via The Strategic Culture Foundation,

Billionaires, both liberal and conservative ones, own, and their corporations advertise in and their ‘charities’ donate to, America’s mainstream (and also many ‘alternative news’) media.

According to Neil Howe, the Fourth Turning is a crisis and it’s happening right now.

The United States is in an era of great destruction, as the old institutional way of life created by past generations is being systematically destroyed by the incoming generation i.e. the millennials. This transitional period is cyclical and has happened before - most recently during the Great Crash of 1929. Creative destruction is essential for the nation’s survival, as the millennials are rewriting America’s next journey - much different than before.

Authored by John Whitehead via The Rutherford Institute,

We’ve all been there before.

You’re driving along and you see a pair of flashing blue lights in your rearview mirror. Whether or not you’ve done anything wrong, you get a sinking feeling in your stomach.

You’ve read enough news stories, seen enough headlines, and lived in the American police state long enough to be anxious about any encounter with a cop that takes place on the side of the road.