Europe

Two journalists working for the Cumhuriyet newspaper in Turkey have been sentenced to five years in prison, in the first ever case of its kind in Europe.  Can Dundar and Erdem Gul were convicted on charges of “revealing state secrets”. RT.com reports: The Turkish court has reportedly acquitted them on some of the charges, including that of “coup attempt,” according to the newspaper. The two had also faced life sentences for publishing their report which claims that Turkey has delivered weapons to terrorists in Syria.

There is a paradox of capitalism, we've reached a point where those at the top, have an unlimited budget to maintain the status quo, increase their wealth, and develop an ever increasing sophistocated toolbox to manage empire and maintain their dominance.  As we explain in Splitting Pennies - this is no where more obvious than Forex.  The last 100 years we've seen capitalism evolve brightly.  Industries that shouldn't be industries, now employ millions of workers.  Paradigm shift, revolution, can now be artificially created by means of automated computer algorithm.

Authored by Paul Craig Roberts,

Somnolent Europe, Russia, and China - Can the world wake up?

On September 19, 2000, going on 16 years ago, Ambrose Evans-Pritchard of the London Telegraph reported:

“Declassified American government documents show that the US intelligence community ran a campaign in the Fifties and Sixties to build momentum for a united Europe. It funded and directed the European federalist movement.

 

Submitted by John Rubino via DollarCollapse.com,

One week ago, Deutsche Bank's Dominic Konstam unveiled, whether he likes it or not, what the next all too likely step will be as central bankers scramble to preserve order in a world in which monetary policy has all but lost effectiveness: "It is becoming increasingly clear to us that the level of yields at which credit expansion in Europe and Japan will pick up in earnest is probably negative, and substantially so. Therefore, the ECB and BoJ should move more strongly toward penalizing savings via negative retail deposit rates or perhaps wealth taxes."