Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
A few days ago, I wrote an essay entitled “Not Nearly Enough Growth To Keep Growing”, in which I posited, among many other things, that “..the Automatic Earth has said for many years that the peak of our wealth was sometime in the 1970’s or even late 1960’s” along with the question “..was America at its richest right before or right after Nixon took the country off the gold standard in 1971?”
Submitted by Saxo Bank's Martin O'Rourke via TradingFloor.com,
Submitted by Federico Pieraccini via The Strategic Culture Foundation,
Liberals are god damned crazy people. Don't try to convince me otherwise. I sat here for a good 10 minutes trying to frame this small story, not wanting to overhype or trivialize it either.
Here's a former cabinet member of Bill Clinton, a man who has worked in 3 democratic administrations, blaming Donald Trump on the riots that took place in Stockholm the other night -- which happened after police arrested a local drug dealer.
'Twas the eve of President's Day and nothing was stirring (in Europe, China, or US markets) except that is, a wild algo in the LME copper pits...
Late Monday evening in London, with all but a few die-hard traders in China were asleep, the European workday was ending and Americans had a public holiday, 'Franken-copper' was born.