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Breaking Down Warren Buffett's Rosy Outlook For America

Submitted by Simon Black via SovereignMan.com,

There’s something about being insanely rich that people will believe every word that comes out of your mouth no matter how bizarre.

And no, I’m not talking about Donald Trump. Warren Buffett is an even better example.

As one of the richest men in the world, Buffett’s opinions carry almost Biblical impact, even when they might be completely ridiculous.

100 Years of Jane Jacobs Down, 100 Years to Go

It is difficult to write about the centennial of Jane Jacobs. For one thing, her influence on urbanism is unsurpassed and difficult to understate; for another, everyone has been writing something and so there’s a lot of overlap between pieces.

And yet, for all the encomiums and praise and think pieces in City Lab, Vox, Toronto’s Globe and Mail and even the New York Daily News, it is easy to lose sight of the fact that for all her intellectual influence, very little has changed about the American city and what has changed has been mostly cosmetic.

The Central Bank War On Savers - The Big Lie Beneath

Submitted by David Stockman via Contra Corner blog,

The central bank war on savers is rooted in a monumental case of the Big Lie. Here is what a retired worker who managed to save $5,000 per year over a 40 year’s lifetime of toil and sweat in a steel factory now earns in daily interest on a bank CD. To wit, a single cup of cappuccino.

Yet the central bankers claim they have absolutely nothing to do with this flaming economic injustice.

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