Authored by Gail Tverberg via Our Finite World blog,
It is easy for those of us in the West to overlook how important China has become to the world economy, and also the limits it is reaching. The two big areas in which China seems to be reaching limits are energy production and debt. Reaching either of these limits could eventually cause a collapse.
Authored by Ryan McMaken via The Mises Institute,
In September, the FBI released new homicide data, and the overall US homicide rate rose for the second year to an eight-year high.
According to the report, the nationwide homicide rate in the US in 2016 was 5.3 per 100,000, up from 2015's rate of 4.9.
The homicide rate in 2014 - 4.4 per 100,000 - had been a 51-year low, and comparable to rates not seen since the 1950s.
Authored by Mike Shedlock via www.maven.net/mishtalk,
In order to counteract one of Europe's lowest birth rates, the government of Poland put out a pair of videos urging citizens to breed like rabbits.
Rabbit Video Number One
Over the weekend, Saudi King Salman shocked the world by abruptly announcing the arrests of 11 senior princes and some 38 ministers, including Prince Al-Waleed bin Talal, the world’s sixty-first richest man and the largest shareholder in Citi, News Corp. and Twitter. The purge was orchestrated by a new “supreme committee” to investigate public corruption created by King Salman but under the control of Crown Prince Mohammed bin Salman, who chairs the committee and is widely suspected of being the driving force behind the purge.
How Europe and France’s stock markets perform can have a huge influence on stocks in the states. The first two charts below look at the FTSE 100 from London and the CAC 40 from France.
CLICK ON CHART TO ENLARGE