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Bill Gross : "Negative Rates Destroy Savers, The Bedrock Of Capitalism", Larry Fink Agrees

Bill Gross : "Negative Rates Destroy Savers, The Bedrock Of Capitalism", Larry Fink Agrees

Over the weekend there was a flurry of commentary around the increasing use of NIRP by central banks, and the program’s declining effectiveness. Predictably the IMF - whose Christine Lagarde recently said "When The World Goes Downhill, We Thrive", came out in support, while investors Larry Fink and Bill Gross came out hammering the program.

Adolf Hitler’s House To Be Seized By Austrian Government

The house where Adolf Hitler was born is to be seized from its rightful owner by the Austrian government in an attempt to stop it being a focal point for Nazi sympathisers. The decision was taken after several years of discussion about how to prevent neo-Nazi interest, officials said. The BBC reports: Hitler was born in the house in the town of Braunau am Inn in April, 1889. The property has been leased from its owner by the government since 1972, and it was used for many years as a centre for people with disabilities.

Caught On Tape: Cameraman Attacked At Greek Neo-Nazi Party "Anti-Islamization" Protests

Despite proclamations from Europe's leaders that Greece was is fixed thanks to its latest round of bailouts and austerity, leaving aside The IMF's hatchet job, and growth is set to return any quarter now; unemployment remains mid-20%, capital controls continue to be in place (ATM caps), and the growing refugee 'problem' leaves social unrest rearing its ugly head once again.

Vibrancy! Diversity! Conformity!

  1. WE DEMAND that Stanford expels Panda Express from campus, since its food is culturally appropriative, and celebrates the harvesting of the endangered panda bear.

  2. WE DEMAND that Stanford renames White Plaza to Black Plaza. Naming a central plaza after a race is hateful.

  3. WE DEMAND that Stanford recognizes that half-lives matter, and establishes a committee to fund the Chemistry and Physics Departments accordingly.

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