By Chris at www.CapitalistExploits.at
It was back in the early 1800's that the Brits left the sodden, miserable shores of their murky island, grabbed their trumpets, tucked their trousers into the socks, and began conquering the world with the cunning use of flags.
Like all good conquerors, they had a backup plan in the event flags didn't work - guns, which - as it turned out - work bloody well.
The relentless risk levitation continued overnight, as global shares extended their stretch of consecutive record highs on Thursday for a 10th day after a cautious BOJ lifted Asian stocks to a decade high with a dovish announcement that offered no surprises, while pushing back Kuroda's 2% inflation target to 2020, the 6th consecutive delay. With all eyes on the ECB in just over an hour, US equity futures are in the green, following solid gains around the globe. European stocks extended their biggest gain in a week while Asian equities maintained their rally.
Authored by Jeremiah Johnson (Nom de plume of a retired Green Beret of the United States Army Special Forces) via SHTFplan.com,
By Bill Blain of Mint Parnters
"The Braavosi have a saying too. The Iron Bank will have its due....”
One of the things that’s been niggling me for years has been the question of just how unfixed the European banking sector is.
This morning I’ve attached a note my associate Ben Stheeman and I have put together on Non-Performing Loans (NPLs) in Second Tier European Banking. It’s a simple look at the publically available numbers.
Authored by Anna Matthews via The Foundation for Economic Education,
George Orwell’s novel 1984 was incredibly popular at the time it was published, and it remains incredibly popular to this day. With multiple stars citing the book as one of their favorites – including Stephen King, David Bowie, Mel Gibson, and Kit Harrington – 1984 has been growing in popularity in recent years. The book reappeared on best-seller lists in early 2017, as some argued Orwell’s dystopian vision had finally arrived.