Europe

Authored by Brandon Smith via Alt-Market.com,

Authored by Mike Krieger via Liberty Blitzkrieg blog,

Today’s post should be read as Part 3 of my ongoing series about the now infamous Google memo, and what it tells us about where our society is headed if a minority of extremely wealthy and powerful technocratic billionaires are permitted to fully socially engineer our culture to fit their ideological vision using coercion, force and manipulation. For some context, read Part 1 and Part 2.

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?

Buy The Fucking Fire And Fury...

Interrestingly the BTFDers arrived right on cue as Europe closed and then got some ignition when NYT ran a story saying Trump's words were his own and not 'policy'... Then again into the close, VIX was smashed lower in a desperate bid to get S&P green...

Dow down for a 2nd straight day!!!!

Authored by Simon Black via SovereignMan.com,

What’s money worth if interest rates are negative?

Interest rates, after all, are the “price” of money.

When we borrow money from a bank and pay interest on the loan, it means that the money we’re borrowing has value. That –capital- has value.

Negative interest rates, on the other hand, suggest that capital is totally worthless.

This isn’t a philosophical exercise. These are the times we’re living in.