United States

There was some hope in early Japanese trading that after a seemingly endless rout in the USDJPY, which has seen the Yen surge the most in the past two weeks since the 1998 Asian crisis, the BOJ would intervene, if not via policy where it has botched things up beyond repair then directly by selling Yen on the tape: the reason for this is not only yesterday's direct intervention that sent the USDJPY soaring by over 150 pips briefly, but also after a report that Finance Ministry’s FX chief Masatsugu Asakawa met deputy chief cabinet secretary to discuss market issues; this was followed by a mee

If you believed America’s longest war, in Afghanistan, was coming to an end, be advised: It is not.

Departing U.S. commander Gen. John Campbell says there will need to be U.S. boots on the ground “for years to come.” Making good on President Obama’s commitment to remove all U.S. forces by next January, said Campbell, “would put the whole mission at risk.”

Ten Secret Prisons Where The US Government Tortures The Innocent

http://listverse.com/2016/02/10/10-secret-cia-prisons-you-do-not-want-to-visit/

The post Ten Secret Prisons Where The US Government Tortures The Innocent appeared first on PaulCraigRoberts.org.

Are Americans Too Insouciant To Survive?

Paul Craig Roberts

When one looks at the deplorable state of the world, one cannot help but wonder at the insouciance of the American people. Where are they? Do they exist or are they a myth? Have they been put to sleep by an evil demon? Are they so lost in The Matrix that they cannot get out?

Submitted by Lance Roberts via RealInvestmentAdvice.com,

Companies Lose Billions On Stock Buybacks

I recently wrote an article about why “Benchmarking Your Portfolio Is A Losing Bet.” In that missive, I discussed all the things that benefit a mathematically calculated index versus what happens in an actual portfolio of securities. One of those issues was the impact of share buybacks: