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China: A Keynesian Monster

China: A Keynesian Monster

Authored by Per Bylund via The Mises Institute,

I recently spent two weeks traveling in the People’s Republic of China (PRC), a vast country with many contrasts: old vs. new, poor vs. rich, traditional vs. modern, East vs. West. While it is a strange experience with many impressions, what’s most striking is the obvious and contradictory economic contrast between wealth and waste.

"I'm Going To Redefine Terror": Bay Area Resident Accused Of Aiding ISIS, Planned To Murder 10,000 People

"I'm Going To Redefine Terror": Bay Area Resident Accused Of Aiding ISIS, Planned To Murder 10,000 People

Authored by Mac Slavo via SHTFplan.com,

As ISIS has shown in their own magazine, they’ll probably never try to pull off a massive terror attack on American soil. Instead, they’ll indoctrinate useful idiots who already live here, and convince them to engage in numerous small attacks, similar to the bombings, knifings, and shootings that have plagued Europe in recent years. It’s a strategy that is far less likely to be foiled, costs significantly less, and can be maintained long after ISIS is overrun in the Middle East.

"The World's A Scary Place" But One Trader Notes "The AI Bots Don't Care How You Feel"

Day after day... another sabre rattled somewhere in the world, another policy-reform hype-destroying debacle in Washington, or another slump in 'hard' economic reality data... and another record high for stocks. Former fund manager Richard Breslow says 'get used to it' - at last until the autumn, when the central bankers return... "AI bots don't care." As he discusses below, it's not the economy, stupid; it's the trading bots...

Via Bloomberg,

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