Authored by Richard Ebeling via The Mises Institute,
Very often bad and failed ideas do not die, they simply reappear during periods of supposed social and political crisis in slightly different intellectual garb, and offer “solutions” that would merely help to bring about some of the very types of crises for which they once again claim to have the answers. Socialism in its various “progressive” mutations represents one of the leading ones in our time.
While we are confident that both Trump and Kim would be delighted to just keep trading insults at each other for the indefinite future, even as North Korea launches the occasional ballistic missile, that time may be over. Speaking at the UN, the US Ambassador to the United Nations Nikki Haley said on Tuesday that North Korea’s launch of a missile over Japan was “absolutely unacceptable and irresponsible” and that the Security Council now needed to take serious action.
The prices of Bitcoin has exploded overnight, surging over 6% to a new record high above $4600 as demand from South Korea and Japan spurred more safe haven buying as gold and Treasury bond prices rose following North Korea's most provocative missile launch yet.
Heavy volume taking Bitcoin higher...
The cryptocurrency landscape is a little more mixed but Ether is gaining...
This mornig's rally has pushed the cryptocurrency market cap over $160 billion for the first time.
More information has emerged from Israeli Prime Minister Netanyahu's meeting with President Putin last week. The two met in the Black Sea resort town of Sochi on August 23rd to discuss recent developments in Syria. According to new shocking reports in both Arab and Israeli media, a senior Israeli official accompanying Netanyahu on the trip threatened to assassinate Syrian President Assad by bombing his palace in Damascus, while further adding that Israel will seek to derail the US-Russia brokered de-escalation deal reached in Astana, Kazakhstan earlier this summer.
Gold Surges 2.6% After Jackson Hole and N. Korean Missile