By EconMatters
In this video we discuss the latest posturing ahead of the OPEC Production Cut Decision, and the associated consequences for the price of oil based upon another failure out of OPEC. Your right Saudi Arabia you don`t have to cut, see you at $38 a barrel!
Following a pro-Trump outburst on a flight from Atlanta to Allentown, Pennsylvania, Delta Airlines has banned a disruptive passenger from flying the airline ever again. In a video of the event that went viral, the man is seen gesturing to other passengers, shouting “We got some Hillary bitches on here? ...It’s your president. Every goddam one of you. If you don’t like it, too bad."
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Delta Airlines issued a public statement on the event:
With the nation's currency in full-fledged hyperinflationary collapse, OilPrice.com's Nick Cunningham notes that at times it seems that Venezuela’s economic crisis cannot get any worse. Food shortages, electricity blackouts, and scarce medical supplies have created a humanitarian disaster in Venezuela. However, with each passing month the situation deteriorates, and the crisis appears to be entering a dangerous new phase.
Venezuela’s currency has lost about 60% of its value so far in November, the worst monthly decline on record.
The Washington Post Has Always Been A Purveyor Of Fake News
http://www.strategic-culture.org/news/2016/11/28/major-purveyor-fake-news-cia-corporate-complex.html
The post The Washington Post Has Always Been A Purveyor Of Fake News appeared first on PaulCraigRoberts.org.
Dallas Fed business outlook survey soared to 10.2 in November (smashing expectations of +2.0) - the first expansionary print in 22 months.
Across the board exuberance was evident with 11 of the 15 components soaring double-digits. However, it is the post-Trump victory "hope" that really spiked - six month ahead expectations for increased business exploded by the most since 2007.
But gains were seen across the entire survey..
We leave it to one of the Dallas Fed survey respondents to explain...