Via Oriental Review,
In early October a group of European intellectuals published a conservative manifesto with 36 tenets defending 'old Europe' and its values, which we are republishing today in full:
1. Europe is our home.
In a moment of rare insight, two weeks ago in response to a question "Why is establishment media romanticizing communism? Authoritarianism, poverty, starvation, secret police, murder, mass incarceration? WTF?", we said that this was simply a "prelude to central bank funded universal income", or in other words, Fed-funded and guaranteed cash for everyone.
prelude to central bank funded universal income
— zerohedge (@zerohedge) October 31, 2017
In October, Merkel won what was dubbed as the “nightmare victory” in the German elections. The weaker expected showing from the CDU/CSU forced her into complicated coalition negotiations with the FPD and the Greens. This process is coming to a head due to tomorrow’s self-imposed deadline to find enough common ground to press forward with the alliance. This alliance is the so-called “Jamaica” coalition since the colours of the parties mirror Jamaica’s flag. As Reuters reports.
It's that time of the year again when with just a few weeks left in the year, Goldman unveils its top trade recommendations for the year ahead. And while Goldman's Top trades for 2016 was an abysmal disaster, with the bank getting stopped out with a loss on virtually all trade recos within weeks after the infamous China crash in early 2016, its 2017 "top trade" recos did far better.
After five consecutive daily losses on the MSCI world stock index and seven straight falls in Europe, there was finally a bounce, as investors returned to global equity markets in an optimistic mood on Thursday, sending US futures higher after several days of losses as global stocks rebounded following a Chinese commodity-driven rout.