European bourses advance and Asian share rose led by a surge in Hong Kong stocks which rose the most in three months as Japan hit 15 month highs. U.S. futures are little changed along while the dollar rebounded from session lows after Friday's selloff. Crude oil has continued its retreat, down 0.2% and sliding for a 6th straight day after breifly dropping below $48 in overnight trading.
Via The Saker,
In all the political drama taking place in the USA as a result of the attempted color revolution against Trump, the bigger picture sometimes gets forgotten. And yet, this bigger picture is quite amazing, because if we look at it we will see irrefutable signs that the Empire in engaged in some bizarre slow motion of seppuku and the only mystery left is who, or what, will serve as the Empire’s kaishakunin (assuming there will be one).
Only lowering our living standards will achieve sustainable growth. That’s the message from Satyajit Das, a former financier who anticipated the GFC. Debt, energy consumption, housing affordability or superannuation – it’s all based on a financial system that’s in fact a completely fictional model. This model was always doomed to fail – eventually.
Beyond growth as we know it – How can we stop consuming our future?
Full Interview below
Geert Wilders is the favorite to win the elections in the Netherlands in about 3 days and may one day become their new leader -- running on a blatant anti-Islam platform -- pushing forth the narrative that Islam is anti-human rights, anti-democratic, and invokes violence amongst ardent followers of the faith.
Authored by John Rubino via DollarCollapse.com,
Just as everyone was finally accepting the idea of deflation and negative interest rates, inflation decides to pay a return visit. In the past week, articles with the following headlines appeared in major publications around the world:
Swiss inflation rises at highest monthly rate in 5 years
China February producer inflation fastest in nearly nine years