Argentine Peso Collapses 29% After Government Lifts Currency Controls

For those interested in a case study of what happens after a dramatic devaluation, you now have front row seats for what is likely to be a 25-30% peso plunge. Grab the popcorn.
31 October
Five light-hearted Halloween films, picked so the only thing that jumps out at you is a pumpkin. No gore, no jump scares — just ghosts with better comic timing than most comedies.

For those interested in a case study of what happens after a dramatic devaluation, you now have front row seats for what is likely to be a 25-30% peso plunge. Grab the popcorn.
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
The inescapable conclusion is that Fed policies have effectively crashed the velocity of money.
That the velocity of money has been crashing while the money supply has been exploding doesn't seem to bother the mainstream pundits. There is always a fancy-footwork explanation of why whatever is crashing no longer matters.
While campaigning ahead of elections, Spanish prime minister Mariano Rajoy was rocked with a right cross when a "selfie-seeking teen" approached and went full Balboa on the side of his face, breaking his glasses, before Rajoy's security detail wrestled the assailant to the floor. As El-Pais reports, the 17-year-old told police "I'm very happy I did it," while Rajoy later tweeted that he "was fine."
Via Dana Lyons' Tumblr,
Micro-cap stocks have suffered a key breakdown relative to mega-cap stocks, suggesting a “risk-off” shift on the part of investors.
The “most hated man in America” just got arrested for securities fraud.
"Pharmaceutical entrepreneur Martin Shkreli was arrested by the FBI on Thursday," Reuters, whose reporters apparently witnessed the arrest, says.