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Inside The So-Called 'Resistance'

Authored by Howard Kunstler via Kunstler.com,

Entropy never sleeps. It works remorselessly to transform things of value into useless, dissipated waste and heat. Complexity stokes it especially as the law of diminishing returns multiplies the wheels of futility spinning down to zero. Hence, the intellectual decay of American life in which spin is everything, anything goes, and nothing matters.

Italian Stocks Tumble, Yields Jump On Sudden Fears Of Early Elections

Italian Stocks Tumble, Yields Jump On Sudden Fears Of Early Elections

Despite a promise last week by Italian Industry Minister, Carlo Calenda, that Italy would not have early elections this autumn, Italian stocks have tumbled to one month lows and the Italian bank sector is down 3% in Monday trading, its biggest one-day loss in nearly 4 months, with traders citing rising risks that the euro zone's third largest economy could head to early elections in the autumn.

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