Europe

Authored by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com's Pater Tenebrarum),

Positivist Delusions

[ed. note: this article was originally published on March 5 2013 – Bill Bonner was on his way to his ranch in Argentina, so here is a classic from the archives]

We’re still thinking about how so many smart people came to believe things that aren’t true. Krugman, Stiglitz, Friedman, Summers, Bernanke, Yellen – all seem to have a simpleton’s view of how the world works.

Five ‘terror’ suspects that are believed to have ties to the terrorists who conducted the Brussels and Paris attacks, were arrested in the UK on Friday.  West Midlands police said that three men and one woman were arrested in the central city of Birmingham on Thursday night and one man was arrested a London’s Gatwick Airport early on Friday.

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Asher Edelman just penned a powerful endorsement of Bernie Sanders in the The Guardian titled, I’m the real-life Gordon Gekko and I support Bernie Sanders.

So who is Asher Edelman? According to the paper:

For many months we have covered the "world's most bearish hedge fund", Horseman Global, which over the past several months (and years) has had a stunning run and has generated unprecedented returns (even as it has maintained a net short exposure for the past 4 years) and just last month, after returning 9.6% YTD went record short with a -88% net exposure.

Submitted by Michael Snyder via The Economic Collapse blog,