On this day 10 years ago, money markets started to seize up, requiring heavily-coordinated central bank action that launched an extraordinary period of central bank activity that is still in full swing today.
In the latest car-ramming terrorist attack in France, at least six French soldiers were injured, three of them seriously, after being rammed by what was described as a black BMW in a Paris suburb, French Armed forces confirmed, adding that the police were searching for the driver in what prosecutors are treating as the latest act of terrorism.
???? Incident à Levallois Perret : intervention de #Police en cours. Un véhicule est recherché
— Préfecture de police (@prefpolice) August 9, 2017
US futures are set for a sharply lower open (at least in recent market terms) following a steep decline in European stocks and a selloff in Asian shares, following yesterday's sharp escalation in the war of words between the U.S. and North Korea. In a broad risk-off move U.S. Treasuries rose, the VIX surged above 12 overnight, while German bund futures climbed to the highest level in six weeks.
Authored by Daniel Lang via SHTFplan.com,
Paul Craig Roberts writes that the admirable and honorable truth-teller John Pilger warns us that nuclear war is closer than we think.