Authored by John Galt via JohnGaltFla.com,
Way, way, way, way back before televisions were generally available in color, cable was a luxury reserved for hotels and the wealthy, and financial television was reserved to Louis Rukeyser and a weekly program on PBS and the “Nightly Business Report”, the idea of information beyond the 6:30 p.m. national newscast was considered absurd.
David McWilliams: Great Disaster Looms as Technology Disrupts White Collar Workers
European and Asian market and S&P futures have resumed their slide, as geopolitical tensions between North Korea and the U.S. spiked again overnight after Pyongyang responded to the latest set of warnings by Trump, revealing a plan to fire 4 ballistic missiles at Guam by mid-August. Gold gains for a third day while Brent rose above $53.
Authored by James Durso via TheHill.com,
The United States and the Republic of South Korea have, until now, had identical interests in the Korean peninsula: defending against a North Korean attack on the South, and keeping the North’s regime at bay until it collapsed from internal contradictions.
Authored by Adam Tooze via ProspectMagazine.co.uk,
Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for?