As the European Union continues to threaten member states with fines for "falling short" of fulfilling their duties to help international refugees (see "EU Threatens Member States With Fines Over Failure To Accept Refugees"), the daily reminders of why a wave of nationalism is sweeping over Europe in defiance of Merkel's open border policies continue to mount.
Via Kevin Muir of The Macro Tourist blog,
Although the market is convinced the Federal Reserve will get aggressive with their rate hikes, I am not sure market participants have thought this through. Let’s not forget the Federal Reserve is sitting on the largest balance sheet in history.
This portfolio is the result of years of Quantitative Easing. It was made riskier with the Fed’s “Operation Twist” that extended the duration of their balance sheet by buying long dated securities while selling shorter ones.
Thousands of CIA documents published by WikiLeaks on Tuesday reveal that the Central Intelligence Agency had tools enabling them to listen to private conversation on any iPhone device. The Vault7 documents reveal that the CIA developed malware enabling them to turn iPhones, Android devices and Samsung smart TVs into covert listening devices. Under the codename “Weeping Angel,” developed in co-operation with MI5, the spy agency was able to listen into private conversations held in front of a smart TV – even whilst the television set was apparently switched off.
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Washington’s Benevolent Mask Is Disintegrating
Paul Craig Roberts
Founded after World War 2 to administer the Marshall Plan in Europe, the OECD has been the preeminent force behind globalization in the world for decades. They are, quite literally, the New World Order and they don't like what they're seeing now, with Trump, Le Pen, revolt in Netherlands and Italy -- the whole nationalist movement that is sweeping the planet.