Europe

Authored by Don Quijones via WolfStreet.com, 

Stockholders and junior bondholders fear another “bail-in.”

Donald Trump's controversial visit to the UK is on hold, according to the Guardian, which reports that the US president, leery of protests upon his arrival, spoke with Prime Minister Theresa May and told her "he didn’t want to proceed with a state visit to U.K. until he received more support for the trip." Trump reportedly told May that he did not want to come if there were "large-scale protests and his remarks in effect put the visit on hold for some time."

Authored by Nick Giambruno via The Mises Institute,

France’s new president can’t keep the European Union together.

In early May, France elected globalist darling Emmanuel Macron. His victory gave the EU a short-term boost. However, it did not change the fundamental problems with Europe’s artificial mega-state.

Doug Casey agrees:

Authored by Chris Martenson via PeakProsperity.com,

Let me begin with a caveat: confirmation bias is an ever-present risk for an analyst such as myself.

If you're not familiar with the term, 'confirmation bias' suggests that once we've invested time and emotional energy into developing a worldview, we'll then seek information to confirm that view.   

Authored by EconomicPrism's MN Gordon via Acting-Man.com,

Mass Infusions of New Credit

“The bank is something more than men, I tell you.  It’s the monster.  Men made it, but they can’t control it.” – John Steinbeck, The Grapes of Wrath