America

Last quarter investors forgot the negative cash-flow, forgot the soaring cost of content, forgot the rampant competition, and forgot fact that Netflix slashed its domestic subscriber growth expectations, and just bought-the-f##king-record-high because international subscriber growth soared. This quarter, however, they may be less gullible because that surge in international subscribers not only did not happen, but missed by a whopping 370K subs, missing both the street forecast of 3.9 million and the company's own guidance of 3.7 million.

Authored by Jeff Thomas via InternationalMan.com,

Regarding the Great Depression… we did it. We’re very sorry… We won’t do it again.

– Ben Bernanke

 

Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road—either too much inflation, financial instability, or both.

– Janet Yellen

• Trump’s Renewed Focus on Health Bill Vexes GOP Tax Strategy (WSJ)
• Wall Street banker Cohn moving Trump toward moderate policies (Reuters)
• Trump Rejects Protests Over Tax Returns (WSJ)
• Merkel Calls on Erdogan to Open Talks in ‘Deeply Split’ Turkey (BBG)
• Turkish Opposition Plans Challenge to President Erdogan’s Referendum Victory (WSJ)
• Simsek Rules Out Turkey Elections Before 2019 on Erdogan Promise (BBG)
• Trump Is a Global ‘Instability Factor,’ Fillon's Top Aide Says (BBG)

In the midst of a 10-day Asia trip, Vice President Pence made an unannounced visit to the 4km-wide heavily-mined demilitarized zone separating the two Koreas where he met with troops, encouraged China to take action against North Kore, and warned Pyongyang that after years of testing the U.S. and South Korea with its nuclear ambitions, "the era of strategic patience is over."

Via The Saker,

The Pentagon’s more aggressive military approach

Here is a short timeline of the Pentagon taking the presidential commander-in-chief power from Trump.

The ultimatums came on March 1.

On March 1, 2017 the Atlantic’s article “Trump and the Generals”

announced that Trump’s military leaders “increasingly sound like they’re working for a different president altogether.”