Following the "millionaire exodus" writing-on-the-wall, it appears Americans, who are renouncing citizenship in record numbers, have found their new safe haven from the Trumpian dystopia they appearently fear. In the 12 weeks since the election, the number of Americans applying for New Zealand citizenship has soared 70%.
Millionaires are already moving...
Courtesy of: Visual Capitalist
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Federal Courts Say Foreigners, Not US Citizens, Are Entitled To Due Process
Paul Craig Roberts
The US Constitution applies to US citizens, and the amendments known as the Bill of Rights guarantee due process as a protection of US citizens’ civil liberties. That’s the theory but not the practice.
The last time Robert Shiller heard stock-market investors talk like this in 2000, it didn’t end well for the bulls.
As Bloomberg reports, Shiller says when markets are as buoyant as they are now, resisting the urge to pile in is hard regardless of what else might be happening in society.
“I was tempted to do it, too,” he says. “Trump keeps talking about a new spirit for America and so you could (A) believe that or (B) you could believe that other investors believe that.”
EU Crisis Becoming Existential… Dutch Vote Tomorrow and Why It Matters
The leader of the National Front in France, Marine Le Pen, has hailed Britain’s decision to leave the EU – and has called for France to hold a similar referendum
Today’s chart plots data from the Energy Information Administration (EIA) to show America’s changing energy mix, along with their projected mix for 2030.
Visual Capitalist's Jeff Desjardins points out that it shows the total amount of energy used each year, along with energy use per capita. It then breaks down each year’s energy supply by source, which provides another way for us to visualize the decline of coal use, the resurgence in natural gas, and the rise of renewable energy.