United States

It seems billion dollar baby of Silcon Valley, Elizabeth Holmes, is facing yet another unicorn-slaying moment as the fairy-take ending for Stanford drop-out looks increasingly distant after a WSJ report that U.S. health inspectors have found serious deficiencies at Theranos Inc.’s laboratory in Northern California, according to people familiar with the matter. With a board full of big swinging dicks about to be exposed for the greater fools they truly are, failing to fix the problems could put the Theranos lab at risk of suspension from the Medicare program.

As if to show how meaningless the administration’s “concern” about Yemeni civilian casualties is, John Kerry was in Saudi Arabia this weekend to affirm U.S. support for the relationship with Riyadh and its Gulf allies and their unnecessary war on Yemen:

US Secretary of State John Kerry has reiterated Washington’s support for Saudi Arabia’s ongoing war on Yemen, which has so far claimed the lives of at least 8,000 people.

One of the charms of the future is its powerful element of unpredictability, its ability to ambush us in lovely ways or bite us unexpectedly in the ass. Most of the futures I imagined as a boy have, for instance, come up deeply short, or else I would now be flying my individual jet pack through the spired cityscape of New York and vacationing on the moon. And who, honestly, could have imagined the Internet, no less social media and cyberspace (unless, of course, you had read William Gibson’s novel Neuromancer 30 years ago)?

Submitted by John Rubino via DollarCollapse.com,

Critics of today’s fiat currency/fractional reserve banking world have (for what seems like forever) made the common sense point that when debt rises faster than cash flow, bad things are bound to happen. In every cycle since 1980 this has been dismissed by the vast majority who benefit from inflating bubbles — until the bubble bursts.

Amid the so-called "ceasefire" in Ukraine, yet ongoing shelling in many regions, the Donbass news agency reports that more than 20 Ukrainian solders have died and over 200 soldiers are hospitalized after an apparent leak of a deadly virus called "California Flu" from a US lab near the city of Kharkov.

As Donbass News International reports,