Submitted by Michael Snyder via The Economic Collapse blog,
In this day and age it seems like almost everything is disposable, and many employers have found that they can make a lot more money if they have a workforce that can be turned on and off like a faucet. In America today, there are more than 17 million “independent workers”, and they represent a bigger share of the workforce than ever before.
Two weeks ago, we noted - with some amusement - that Ukraine has defaulted to Russia on a $3 billion obligation. To be sure, the move wasn’t unexpected.
“I have a feeling that they will not pay us back because they are crooks,” Russian PM Dmitry Medvedev said previously.
Here, in a nutshell, is what happened.
Submitted by Steve St.Angelo via SprottMoney.com,
After looking over all the figures, it seems as if something broke in the U.S. Silver Market this year. By that, I mean the normal supply and demand forces no longer make sense. I believe this stemmed from the massive amount of physical silver investment demand beginning in June as financial and geopolitical events pushed the retail silver market into severe shortages.
Temperatures in the north pole could be 35C warmer than usual for this time of year, say meteorologists. The low pressure system that has brought extreme weather to the UK and US, and is the result of the 2015 El-Nino, could make the Arctic’s temperature hotter than Chicago, Vienna or Istanbul on Wednesday. The Guardian reports: The Arctic could reach temperatures about 35C (63F) warmer than average for this time of year, meteorologists have warned.
Update: S&P Futures tumbled back to the lows of the day after hours...
S&P remains just in the green for 2015...