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Bannon Breaks With Pence, Delivers Warning To Europe

Two days ago, when describing the two opposing foreign policy tracks emerging within Trump's administration (which led to disappointment inside Russia, which was hoping for a more aggressive detente between Putin and Trump), we said that "there are two clear axes developing within the Trump administration: a Pence/Mattis/Haley foreign policy and a Trump/Bannon/Miller foreign policy."

Satyajit Das Warns Financial Engineering "Has Masked The Global Economy's Precarious Health"

Satyajit Das Warns Financial Engineering "Has Masked The Global Economy's Precarious Health"

Submitted by Satyajit Das via MarketWatch.com,

Easy money masks global economy’s precarious health

Too much of economic growth and the accompanying bull market in stocks is the result of financial engineering. Increasingly, companies seek to improve earnings or increase their share price by means that are not necessarily directly linked to their actual business.

How Many Euro Crises Will This Make? It's Getting Hard To Keep Track

How Many Euro Crises Will This Make? It's Getting Hard To Keep Track

Submitted by John Rubino via DollarCollapse.com,

Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then the ECB conjures another trillion euros out of thin air, buys up and/or guarantees all the offending country’s bonds, and calm returns for a while.

Dalai Lama Warns ‘Europe Has Taken Too Many Migrants’

The Dalai Lama claims Europe has taken too many refugees and is at risk of losing its culture and values, and warned that Germany is becoming an Arab country. According to the Dalai Lama, the “moral solution to the problem” involves sending migrants home. “The goal should be to return and help rebuild their own countries”. “When we look at the face of each refugee, but especially those of the children and women, we feel their suffering, and a human being who has a better situation in life has the responsibility to help them.

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