Submitted by John Rubino via DollarCollapse.com,
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but positive inflation. And for a while it seemed to work.
Scaredy-cat Americans
The United States States government and the oligarchy that controls it comprise the most malign force that has ever existed on Earth. Finian Cunningham writing in the online journal Strategic Culture Foundation explains how the Dark Lords use fear to rule scared Americans.
America – the Most Frightened Nation on Earth
By Finian Cunningham
One week ago we showed that in a surprising twist, even as the broader market has remains stable and trading rangebound between 2040 and 2080 over the past month, actual equity outflows had accelerated and one week ago EPFR reporter another $7.4bn in equity fund outflows (the 5th straight week) driven by $4.8bn in mutual fund outflows and $2.7bn ETF outflows, leading to a $44bn equity exodus past 5 weeks, which as Michael Hartnett points out is the "largest redemption period since Aug’11."
It will be fitting, not to mention symmetric, if stocks which yesterday closed at 7 weeks lows and red for the year, end the week the same way they started it: with a rally on no news, just more hopes that oil (which as recently as two years ago none other than Chair Yellen said said would be be "unambiguously good" if lower) will continue rising.
As the immigration crisis continues to intensify in Europe, Germans are buying protection - lots of it.
Recall that last year, following a 600% surge in pepper spray purchases, the country actually ended up running out of the product. Shortly thereafter, following a wave of New Year's Eve attacks, small arms sales subsequently skyrocketed.