On the heels of State Department spokesman John Kirby's renewed proclamation that "US is committed to admitting more refugees," we thought this brief clip from France's picturesque Mantes La Jolie (in the western suburbs of Paris) - Europe's largest "ghetto" - would be useful...
Here's the postcard...
Submitted by Andrew Zeitlin of Moneyball Economics
Semiconductors Tell the Real Story of Global GDP
The industrial slowdown predicted by semiconductors is coming true.
Submitted by Mac Slavo via SHTFPlan.com,
Astute observers of financial markets, especially in the precious metals sector, have long argued that small concentrations of major market players have been manipulating asset prices. Last week those suspicions were confirmed when Deutsche Bank, one of the world’s leading financial institutions, not only admitted to regulators that they have been involved in the racket, but that they were prepared to turn over records implicating many of their cohorts in a global scheme to suppress prices.
After meandering steadily higher for the past week, and completely ignoring the negative newsflow out of the Doha meeting, today oil took an unexpected leg lower to 4-day lows, leaving many stumped: what caused this drop?
The answer, according to Citi, is the realization Saudi Arabia is actually making good on its threat to boost production (recall that just one day ahead of Doha, Saudi deputy crown prince bin Salman said he could add a million barrels immediately) something we noted a month ago in "Why Saudi Arabia Has No Intention To End The Oil Glut."
Submitted by Simon Black via SovereignMan.com,
My grandfather was something of a Renaissance Man.
He was a farmer, schoolteacher, fisherman, collector, real estate investor… and one of those guys who always seemed to know how to do everything.
He could take apart an engine, build a house with his bare hands, tame wild horses, treat life-threatening wounds, play the guitar… and he was extremely well respected in his community.