Authored by Eric Peters via EricPetersAutos.com,
Whenever Congress does something unanimously (or nearly so) you can rest assured it’s in their interests, not ours.
The USA Patriot Act comes to mind.
It is now Sept. 9 in North Korea, meaning the country’s celebration of the 69th anniversary of the creation of the North Korean state has officially begun. Last year, the country celebrated its 68th anniversary with its fifth nuclear test. This year, the US and South Korea are anticipating another demonstration of military strength from the isolated country – most likely another missile test.
Authored by Mike Shedlock via MishTalk.com,
In his latest Email article, Steen Jakobsen, Saxo Bank Chief economist and CIO has a bold prediction about interest rates.
With nearly everyone, even Janet Yellen at the Fed, predicting wage-induced inflation, Jakobsen makes a bold call in the opposite direction.
This is a guest post by Steen Jakobsen
Steen’s Chronicle: All Great Things are Simple, Except Right Now
Laughing on the Way to Armageddon
Paul Craig Roberts
The United States shows the world such a ridiculous face that the world laughs at us.
The latest spin on “Russia stole the election” is that Russia used Facebook to influence the election. The NPR women yesterday were breathless about it.
Last week, before the full devastation from Hurricane Harvey was unveiled, Goldman and JPM were the first banks to suggest that the storm's impact on US GDP would be modest: a slight decline in Q3 growth, offset by a similary modest rebound in Q4 and further as emergency funds "trickled down" through the economy.