America

Some always enlightening thoughts from the latest weekly letter by Eric Peters, CIO of One River Asset Management

Submitted by Raul Ilargi Meijer via The Automatic Earth blog,

2016 brought a lot of changes, or rather, brought them to light. In reality, the world has been changing for many years, but many prominent actors benefitted from the changes remaining hidden. Simply because their wealth and power and worldviews are better served that way.

Human Rights Watch is placing President-elect Donald Trump on a list of people who they deem a “threat to human rights”. The organization say that Trump’s political philosophy promotes intolerance and spreads hatred throughout America. “Donald Trump’s election as US president after a campaign fomenting hatred and intolerance, and the rising influence of political parties in Europe that reject universal rights, have put the postwar human rights system at risk,” the group announced.

Submitted by Chris Martenson via PeakProsperity.com,

Fair warning, my family just received a 61.5% increase in our healthcare insurance premium of 2017, on top of last year’s 24.8% increase, so I am quite annoyed at the moment.  For my non-US readers, perhaps what follows will interest you as a means of understanding how and why Donald Trump came to be elected President.  I am going to be channeling some of my inner crank today.