On Friday, we brought you the 4 “D’s” of deflationary doom from BofA’s Michael Hartnett.
For those who missed it, Hartnett says the reason “an almost manic monetary policy been so ineffective at generating a broad, sustained economic recovery,” is that the following four secular deflationary factors are conspiring to impede a robust recovery:
While Caracas - the capital of socialist utopia Venezuela where gun control is extreme - remains the number one most violent city in the world, there are two new entrants from the USA into the World's Top 20 least desirable places to walk the streets - St. Louis (15th most violent city in the world) and Baltimore (19th). America, land of the free to indiscrimanently kill other people?
As Statista's Nial McCarthy details, out of the world's 50 most violent cities, 41 are in Latin America including 21 in Brazil.
Submitted by Soeren Kern via The Gatestone Institute,
Via SRSroccoReport.com,
The U.S. Empire is in serious trouble as the collapse of its domestic shale gas production has begun. This is just another nail in a series of nails that have been driven into the U.S. Empire coffin.
A strong and deep 7.00 magnitude earthquake struck Russia’s Far Eastern Kamchatka peninsula on Saturday morning according to the US Geological Survey (USGS) The quake hit 106 kilometers north of Petropavlovsk-Kamchatskiy, the capital city of Russia’s Kamchatka Krai. According to the Geological Survey the quake occurred at 0325 GMT at a depth of 160 kilometres (100 miles), about 95 kilometres northeast of the Russian town of Yelizovo in the Kamchatka Krai region.