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Thursday, 16 November

23:36

Moore Accuser Removes Anti Moore, Anti Trump FB Rants, 1889 "IndyWatch Feed Economics"

- Virtual Shield VPN - Black Friday SPECIAL. IDENTISAFE Turns off camera & mic on Windows. Go to: https://www.virtualshield.com/billstill Good morning, Im still reporting on: Moore Accuser Removes Anti Moore, Anti Trump FB Rants, 1889 Synopsis:Why is Judge Roy Moore important? Because he would be the swing vote in the U.S. Senate on a host of conservative, Pro-Trump issues essentially nullifying turncoat Sen. John McCains vote. But there is a deeper reason. This is what they tried on Donald Trump exact same gig and it nearly worked. They nearly drove him out of the Presidential contest. Thirty days out from the election is the perfect time for salacious gossip to be repeated, but not investigated by the MSM. People tend to hear the oft repeated initial lies and not the later correction that the lie was actually a deliberate untruth devised by the Deep State Ministry of Propaganda. If the DSMOP wins this time with this tactic - and Judge Moore either withdraws or is somehow defeated at the polls, this will change the way all political races will be run in the future. Why? Heres the macroeconomic argument. Senate races keep getting more and more expensive every year. The current record holder is the race was the 2016 Senate race between Pennsylvania Republican incumbent Sen. Pat Toomey and his challenger, Democrat Katie McGinty which clocked in at over $162 million. The recent special election Congressional race in Georgia cost over $50 million. But what a bargain it would be if you could swing a Senate election 20, 30 or 40 points if, in the last 30 days before the election, you spent $25-$50,000 to mount a robo-call targeting Democrat women in the state in question, offering to pay any woman $5,000 who would agree to swear on a stack of bibles that the Republican candidate had had sex with when she was 16. Only the first 10 women with the best evidence will be chosen. Hurry, hurry, hurry! Oh, and dont worry about proving it. We wont investigate or vet your story, and youll have the full powers of the DSMOP to create an alternate reality for you should any nosy members of the MSM actually try to investigate. Oh, one more thing, you are guaranteed to get your 15 minutes of fame probably a lot more. Do you think you would have any trouble getting 10 volunteers? No way! Do you think we are making this up? Check this courtesy of Mobile, Alabama TV station WKRG, Channel 5: [insert] Support Our Sponsors: - Nobel Gold: Protect Your Money With Gold - Click Here- https://goo.gl/kx2yzW Or Call - 877-646-5347 - Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - SeaShell Diamond Gallery, Custom Fine Jewelry Made in Hawaii. 808-338-9988; https://www.SeaShellDiamondGallery.......

23:30

NEWS AND VIEWS FROM THE NEFARIUM 111617 (Video) "IndyWatch Feed Economics"

NEWS AND VIEWS FROM THE NEFARIUM 111617 Video Dr Joseph P Farrell Giza Death Star There are more strange connections and speculations coming out about the Las Vegas shootings and the connections to the Saudis http://halturnerradioshow.com/index.p http://americandigitalnews.com/index. Video...

The post NEWS AND VIEWS FROM THE NEFARIUM 111617 (Video) appeared first on The Daily Coin.

23:24

Was Judge Moores Accuser's Yearbook Autograph Forged?, 1888 "IndyWatch Feed Economics"

- Wealth365 Summit - online Financial Conference - Jan. 15-20 Call 262-299-6200 or go to https://www.wealth365.com/bill Good morning, Im still reporting on: Was Judge Moores Accuser's Yearbook Autograph Forged?, 1888 Synopsis: Well, the coupsters are still busying themselves at the direction of the ministry of propaganda with continuing to undermine any effort to sway the Republican majority in the United States Senate. Weve stayed a mile away from the Judge Roy Moore story because we had a tip that a certain agency had turned against Deep State and was using its intel to expose all the sex pervs supporting it. And thats why there has been this rash of sex exposes. We didnt know if the Roy Moore accusers were part of that outing for some reason so we waited. Now, this entire Roy Moore flock smells more and more like a MOP (Ministry of Propaganda) fiction. Heres the evidence: According to a blog author whose name I probably shouldnt mention out loud lets just call him a military historian who is following these events closely. The Defend-Judge-Roy-Moore group pretty much collapsed yesterday afternoon when, at 2:25, a lady named Beverly Young Nelson, age 56, held a press conference in New York with embattled attorney Gloria Allred alleging Judge Roy Moore sexually harassed her when she was 16 years old. She showed a copy of her high school annual with a purported inscription signed by Roy Moore D.A. Even Judge Jeanine went running for the hills after that. Tonight, Hannity gave Judge Moore 24 hours to fully explain or drop out. But hold on there. This mornings light has called this revelation into serious question. Problem #1: The inscription reads: To a sweeter more beautiful girl, I could not say, Merry Christmas. Signed Roy Moore D.A. Do you remember your high school annual days? Since when did one come out before Christmas. They came out just a month or two before the end of school like April or May. Problem #2: Roy Moore was never a D.A. He was an assistant D.A. Oops!!! But it gets worse. Problem #3: could it be that someone at CNN retouched the part at the top right? So it looks like someone named Roy did write the part on the left, but from Moore on is written in blue ink, not black ink. Duhhhh. Support Our Sponsors: - Nobel Gold: Protect Your Money With Gold - Click Here- https://goo.gl/kx2yzW Or Call - 877-646-5347 - Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - SeaShell Diamond Gallery, Custom Fine Jewelry Made in Hawaii. 808-338-9988; https://www.SeaShellDiamondGallery.com - PrepareWithBill - Food Storage You Can Depend On. 888-756-8727 https://preparewith.com/Bill.Still - Kangen Water, ionized, alkaline water, Call Tom @ 843-729-7837, web......

23:10

10 Compelling Reasons Why the Vegas Shooting Has Disappeared from Headlines "IndyWatch Feed Economics"

10 Compelling Reasons Why the Vegas Shooting Has Disappeared from Headlines By Jay Syrmopoulos The Free Thought Project Las Vegas, NV With the 24/7 news cycle constantly in full swing, important stories at times get lost in the...

The post 10 Compelling Reasons Why the Vegas Shooting Has Disappeared from Headlines appeared first on The Daily Coin.

23:08

These 35 cities in China are as wealthy as some countries "IndyWatch Feed Economics"

https://www.rt.com/business/409592-china-cities-gdp-countries-economy/

Decades of skyrocketing economic growth have resulted in some Chinese cities having economies as big as many countries.

An infographic, made by Visual Capitalist, compares some cities in China, which has a population of 1.4 billion people. The numbers are gross domestic product (GDP) by purchasing power parity (PPP). Have you heard of the cities of Suzhou, Wuhan or Tangshan, which are as wealthy as Austria, Israel or New Zealand?

These Chinese towns are not isolated, and are connected creating megaregions like the Northeast US, in which New York City, Philadelphia, Boston, Baltimore, and Washington, DC are close to each other, creating a mega economic zone, Visual Capitalist explains.

In China, there are three important megaregions.

Yangtze River Delta

With a combined GDP of $2.17 trillion, the region unites cities like Shanghai, Suzhou, Hangzhou, Wuxi, Ningbo, and Changzhou, and is economically as b...

23:05

May plays the Russia card "IndyWatch Feed Economics"

http://www.smh.com.au/world/we-know-what-you-are-doing-uk-pm-theresa-may-slams-russia-for-election-meddling-20171114-gzlgyl.html

Dispensing with diplomatic niceties, British Prime Minister Theresa May on Monday night charged Putins Russia with attempting to undermine free societies and sow discord in Britain and the West by weaponising information and deploying its state-run media organisations to plant fake stories.

So I have a very simple message for Russia. We know what you are doing. And you will not succeed, May said. The UK will do what is necessary to protect ourselves, and work with our allies to do likewise.

Mays condemnation, in a speech before business executives in a London banquet hall, are quite different from the remarks over the weekend from President Donald Trump, who appeared to take sides with Russian President Vladimir Putin.

He said he didnt meddle, Trump said Saturday, answering questions in the press cabin on Air Force One, about growing evidence of Russias involvement into the 2016 campaign. I asked him again. You can only ask so man...

23:03

More than 400,000 Somalis have died of starvation in six months "IndyWatch Feed Economics"

https://ahtribune.com/world/africa/1999-death-in-somalia.html

In February 2017, Deutsche Welle notified its readers that aid organizations have warned that alarm bells are ringing in Somalia due to drought under the title of Hunger Alarm in Somalia.

South Sudan, Nigeria, and war-torn Yemen are suffering from hunger, too.More than 20 million people in southern Sudan, Somalia, Yemen and Nigeria are facing the threat of hunger, wrote Euronews, and continued the hunger in four African countries is the biggest humanitarian crisis UN faced.

However, the situation in Somalia is concerning. As it is known, more than 250,000 people lost their lives due to the drought in Somalia in 2001. A similar situation is being experienced today. A lack of rainfall has turned wide grasslands into barren lands with only a few scrawny and thorny plants. The already poor people are trave...

23:00

FSS Update: Bird Flu California Saudi Silence Yemen Conflict (Video) "IndyWatch Feed Economics"

FSS Update: Bird Flu California Saudi Silence Yemen Conflict Video Full Spectrum Survival Video Source

The post FSS Update: Bird Flu California Saudi Silence Yemen Conflict (Video) appeared first on The Daily Coin.

23:00

And another..close new Earth-size world where year lasts under 10 days "IndyWatch Feed Economics"

https://www.9news.com.au/world/2017/11/16/05/27/new-planet-found

Astronomers have discovered a close new world about the size of Earth, where a year lasts just under 10 days.

At a distance of 11 light-years, Ross 128 b is the second-closest planet to be detected yet outside our solar system with surface temperatures potentially similar to ours.

Ross 128 b is very near its star, thus the sho...

22:50

Trumps Financial 9/11 "IndyWatch Feed Economics"

Trumps Financial 9/11 by Nick Giambruno  International Man Ron Paul told me this would happen Dr. Paul first laid out his theory in 2006, in a little-known speech, during an otherwise dull session of Congress. I think its his most...

The post Trumps Financial 9/11 appeared first on The Daily Coin.

22:41

As Traders Array of Assets Widens, Bitcoin Looks Less Tempting "IndyWatch Feed Economics"

Cryptocurrency-For-Trading

Bitcoin, the original electronic peer-to-peer digital currency system, was created in 2009. Along with it came blockchain technology, which fintech firms have since started using for purposes outside of simply mining more currency, or rivaling bank payment systems. While bitcoin remains by far the best known and most valuable cryptocurrency, some have started to express doubts about its future. Even as its price-per-coin soars, many see signs that point to bitcoin losing its popularity. One of the biggest catalysts of this notion is the number of new and more widely applicable uses that innovators have found for both blockchain and new alternative coins.

Bitcoin is in Retrograde

Bitcoin is a cryptocurrency with a strong presence in the global market and the fintech industry. Though it continues to rise in value, this digital coin is not keeping up with other newer assets on the market. It appears bitcoin is losing its touch with the trading community. Whether as a currency itself or as part of an ETF or other index, bitcoin may have a challenging time keeping up.

Today, almost any firm can have its own initial token sale (ITS) to raise money for a service that will incorporate these alternative coins down the road. This move lets companies garner investments in their idea without having to cede creative control, and it creates better engagement with their new platforms. These tokens derive value both from how popular they are (like bitcoin), but also have a more unique value proposition (use in a service).

Additionally, the very system on which bitcoin relies has far outstripped the usefulness of bitcoin itself. Banks, online exchanges, eCommerce websites, and countless other firms are...

22:30

Real GDP is Negative Heres the Proof | Fund Manager Dave Kranzler (Video) "IndyWatch Feed Economics"

Real GDP is Negative Heres the Proof | Fund Manager Dave Kranzler Video Silver Doctors The economy is shrinking! Fund Manager Dave Kranzler shows Silver Doctors the proof. Prices are rising faster than the government reported inflation rate....

The post Real GDP is Negative Heres the Proof | Fund Manager Dave Kranzler (Video) appeared first on The Daily Coin.

22:10

Remarkable Email From A KWN Reader About What Is Happening In The Gold & Bitcoin Markets "IndyWatch Feed Economics"

Remarkable Email From A KWN Reader About What Is Happening In The Gold & Bitcoin Markets from King World News TDC Note Please keep in mind bitcoin, like central bank fiat currencies around the world, is controlled and owned...

The post Remarkable Email From A KWN Reader About What Is Happening In The Gold & Bitcoin Markets appeared first on The Daily Coin.

22:09

More Gold Flowing East "IndyWatch Feed Economics"

More Gold Flowing East by Rory The Daily Coin The Turkish central bank has added some 3.8 million ounces of gold to their reserves during 2017 after offloading more than 3 million ounces in the second half of 2016....

The post More Gold Flowing East appeared first on The Daily Coin.

21:50

Last Time This Happened, Part 2: Consumers Are Both Confident And Broke "IndyWatch Feed Economics"

Last Time This Happened, Part 2: Consumers Are Both Confident And Broke by John Rubino Dollar Collapse Elliott Wave International recently put together a chart (click here or on the chart to watch the accompanying video) that illustrates a...

The post Last Time This Happened, Part 2: Consumers Are Both Confident And Broke appeared first on The Daily Coin.

21:32

Comparing Digital Metals "IndyWatch Feed Economics"

Comparing Digital Metals by Craig Hemke Sprott Money With total Comex silver open interest near the 200,000 contract level, we thought it would be enlightening to once again discuss the total volume of physical mine supply versus digital metal...

The post Comparing Digital Metals appeared first on The Daily Coin.

21:30

Stock Markets And Tulip Mania! Where Is The Logic? With Steve St Angelo (Video) "IndyWatch Feed Economics"

Stock Markets And Tulip Mania! Where Is The Logic? With Steve St Angelo Video Crush the Street Steve St Angelo gives us his expert insights on the Stock Markets and the lack of logic within plus the dynamics between...

The post Stock Markets And Tulip Mania! Where Is The Logic? With Steve St Angelo (Video) appeared first on The Daily Coin.

21:00

Geopolitical Risk, "Fear Cycle" Driving Oil Prices Higher "IndyWatch Feed Economics"

By FS Staff With the oil markets much closer to balance, geopolitical uncertainties are beginning to have a larger influence on the price of oil, something that hasn't been the case for the last 2-3 years, Robert Rapier at R-Squared Energy recently...

Hayek on Good and Bad Unemployment Policies "IndyWatch Feed Economics"

By: Friedrich A. Hayek
14100953925_4fb193aa00_b.jpg

In 1944 Professor Hayek emphasised that sustainable employment de pends on an appropriate distribution of labour among the different lines of production. This distribution must change as circumstances change. Sustain able employment thus depends on appropriate changes in relative real wage-rates. If established producersboth unions and capitalistsprevent such relative changes from becoming effective, there follows an unnecessary rise in unemployment. Sustainable employment now depends on successfully tackling these established labour and capital monopolies. - Sudha R. Shenoy

One of the obstacles to a successful employment policy is, paradoxically enough, that it is so comparatively easy quickly to reduce unemployment, or even almost to extinguish it, for the time being. There is always ready at hand a way of rapidly bringing large numbers of people back to the kind of employment they are used to, at no greater immediate cost than the printing and spending of a few extra millions. In countries with a disturbed monetary history this has long been known, but it has not made the remedy much more popular. In England the recent discovery of this drug has produced a somewhat intoxicating effect; and the present tendency to place exclusive reliance on its use is not without danger.

Though monetary expansion can afford quick relief, it can produce a lasting cure only to a limited extent. Few people will deny that monetary policy can successfully counteract the deflationary spiral into which every minor decline of activity tends to degenerate. This does not mean, however, that it is desirable that we should normally strain the instrument of monetary expansion to create the maximum amount of employment which it can produce in the short run. The trouble with such a policy is that it would be almost certain to aggravate the more fundamental or structural causes of unemployment and leave us in the end in a position worse than that from which we started.

Maladjustments

The main cause of this kind of unemployment is undoubtedly the disproportion between the distribution of labour among the different industries and the rates at which the output of these industries could be continuously absorbed. At the end of this war we shall, of course, be faced with a particularly diffi cult problem of this character. In the past the best known disproportion of this kind and, because of its connection with periodical slumps the most important, was the chronic over-development of all the industries making equipment for use in further productio...

20:59

Proposed Tax Legislation Falls Short of Needed Reform "IndyWatch Feed Economics"

Proposed Tax Legislation Falls Short of Needed Reform swinn Thu, 11/16/2017 - 14:59

This op-ed by Concord Coalition Executive Director Robert L. Bixby argues that both the tax bill passed Thursday by the House and legislation under consideration in the Senate fall short of true reform. The column originally appeared this week in the Daily Times Herald (Carroll, Iowa).

Everyone in Washington agrees that the federal tax system needs substantial reform.

The system infuriates with its complexity, warps economic decision-making and unreasonably favors some taxpayers over others. In addition, the tax system is badly out of sync with federal spending.

Unfortunately, the proposed tax overhaul legislation now under consideration on Capitol Hill would fall far short of true reform. The House and Senate tax bills have some significant differences that could prove difficult to resolve.

But in any case, both tax bills would actually make things worse, with a bad legislative process leading to bad fiscal and economic policy.

The most obvious problem is that lawmakers and President Trump want to finance large tax cuts with borrowed money. At the same time, they are pushing for new spending in areas such as defense and border security.

The federal debt, which recently rose above $20 trillion, is already on an unsustainable path. Even under current law -- without tax cuts and additional spending in areas such as defense -- the Congressional Budget Office estimates that Washington is already on course to add more than $10 trillion to the debt over the next decade.

Under conventional budget scoring, the proposed tax reform plans that lawmakers are considering would add another $1.5 trillion to the debt over 10 years -- and perhaps more.

Some lawmak...

20:55

Tops In-$333,000 Per Second At Christies Auction "IndyWatch Feed Economics"

Your editor witnessed some history up close and personal last night. That is, we were in the auction room at Christies when the Da Vinci went for $450 million. The madcap bidding between two unidentified telephone buyers went on for 20 minutes as one milestone after another was left behind in the dust. By our way []

20:53

Techs Biggest Challenge (Yet) "IndyWatch Feed Economics"

The Flipside of Being the Most the Most Successful Industry in History

Techs biggest challenge is humanity. If it doesnt surmount this challenge, its going to be punished severely. If it does, I think, new worlds of possibility open up for us all.

Technologys, by which we mean modern digital technologys, first challenge was viability. Could these newfangled computers calculate orbits and trajectories and compound interest better than humans? This was the 50s, 60s, 70s. Techs second challenge was scale and usability. Could these newfangled computers be adopted in every home? Could they become things the average person could usenot just specialists, who, remember, had the jobs that once were called computers? This was the 80s and 90s.

Thanks largely to the genius of Steve Jobs, nearly every person on the rich half on Planet Earth now carries a tiny supercomputer with them everywhere they go. So todays challenge isnt, anymore, viability, utility, scale, usability. The question now is: are the computers we check every thirty seconds good for us? As things that we use so addictively, heavily, compulsively?

Let me put that another way. Tech used to be something the average person barely had any contact with whatsoever. Now its a thing the average person spends more time with than their wife, husband, or kids. So the burden of responsibility is squarely on it to improve peoples lives, in a way perhaps it has never been placed before, on anyone else, because people spend more time now with tech than anything else in human history, as far as I can tell. Tech is the most successful industry in historyApples almost the first trillion dollar companyand with such astounding success comes, too, both great responsibility, to care for it, and the risk of a great fall. Well come back to why, or what happens if tech doesnt meet this responsibility.

Now, heres the tough part. The answer so far is a resounding no. Were going to answer this in two ways, so you really get it. Living standards in America have fallen in a stunning and alarming waynot a single dimension of well being is improving. People are angrier, poorer, dumber, live shorter and meaner lives. The straightforward conclusion is that tech hasnt improved peoples lives, because it hasnt reversed, let alone staved off, let alone prevented the fall in living standards. It can only at most have mitigated that fall a little (but that, what we might call marginal good, isnt nearly good enough to surmount the challenge).

Now lets examine if even that much is true. Social media makes us sadder, angrier, lonelier, and unhappier. It corrodes our democracy. People who use it more believe it all kinds of crazy conspiracies and misinforma...

20:50

Stock Market Crash Omens And Predictions: Another Day Another Lie "IndyWatch Feed Economics"

Stock Market Crash Omens And Predictions: Another Day Another Lie By Sol Palha GoldSeek Never argue with an idiot. They will drag you down to their level and beat you with experience. Mark Twain Over the past several years...

The post Stock Market Crash Omens And Predictions: Another Day Another Lie appeared first on The Daily Coin.

20:30

Syrian War Report: Fierce Fighting Erupts In Eastern Ghouta (Video) "IndyWatch Feed Economics"

Syrian War Report: Fierce Fighting Erupts In Eastern Ghouta Video South Front Video Source

The post Syrian War Report: Fierce Fighting Erupts In Eastern Ghouta (Video) appeared first on The Daily Coin.

20:20

Russia Delivers Massive Bombing Strike Against U.S. Israeli Terrorists Near Syrias Abu Kamal "IndyWatch Feed Economics"

MOSCOW, November 15. /TASS/. Six Tupolev Tu-22M3 bombers of Russias Aerospace Force have delivered a massive air strike against the [U.S. Israeli Proxy Army] Islamic State (ISIS, a terror group outlawed in Russia) near the Syrian city of Abu Kamal, the Russian Defense Ministry reported on Wednesday. Six Tu-22M3 long-range bombers, which have taken off []

20:10

Former Economic Hitman to Sputnik: US Uses Loans to Control Other Countries "IndyWatch Feed Economics"

Former Economic Hitman to Sputnik: US Uses Loans to Control Other Countries from Sputnik News In his latest best-selling book The New Confessions of an Economic Hit Man, John Perkins tells how American companies used loans from the World Bank...

The post Former Economic Hitman to Sputnik: US Uses Loans to Control Other Countries appeared first on The Daily Coin.

20:00

November 16: Daily Contrarian Reads "IndyWatch Feed Economics"

Wall Street Dirty Secret: The Only Net Buyer of Stock Since 2008 Has Been Corporate Buybacks Ever since 2012 (see How The Feds Visible Hand Is Forcing Corporate Cash Mismanagement)  we have warned that as a result of the Feds flawed monetary policy and record low rates, corporations have been incentivized not to invest in growth []

20:00

2:00PM Water Cooler 11/16/2017 "IndyWatch Feed Economics"

Today's Water Cooler: Tariffs, Allison Ikley-Freeman, wave election, Al Franken, weaponized sanctimony, industrial production, coin flips

19:55

PG&E and the Causes of the Wine Country Fires "IndyWatch Feed Economics"

Maps that could have prevented the Wine Country fires are not complete because PG&E and other utilities stalled them.

19:50

My review of Edward Balleisens book *Fraud* "IndyWatch Feed Economics"

It is in the new issue of the Times Literary Supplement (a wonderful periodical of course), right now this link is ungated, for how long I do not know.  I thought the book was very well-written and especially impressively researched.  But on the side of economics and conceptual framework, I found it too biased.  Here is one excerpt from my review:

In a book with almost 400 pages of text, it is striking that government fraud is not seriously discussed, with the exception of the critical take on the Comstock movement, under which the Post Office took up a moral crusade against mail fraud, directed by the evangelical Anthony Comstock. Yet if consumers are so impetuous and ill-informed as to be frequent victims of business fraud, might not voters and even activist citizens be prone to similar manipulations? Balleisen mentions that such a view was held by the nineteenth-century Spencerian Edward Youmans, but he doesnt do much more than mock it and then move on. Yet arguably the biggest fraud of the early part of the twentieth century was the selling of the First World War to the American public on mostly false pretences. Progressives led this sales pitch, through spokesmen such as Herbert Croly, and of course the President Woodrow Wilson, telling the American people that war was a noble cause that would revitalize the nation and save the world.

In Balleisens narrative, however, the Progressives show up only as critics of fraud.

And is corporate fraud really going up these days?:

Take lives lost in the workplace. An employer more or less promises that a job is relatively safe, and if it turns out to be dangerous that may reflect a kind of fraud or at the very least a major disappointment. Yet jobs in America have never been as safe as today, and furthermore the rate at which job safety increases does not seem to have been affected by the creation of the Occupational Safety and Hazard Administration (OSHA). Or what about food poisoning, which you also might take as a sign of a fraudulent transaction? Again, overall, the opportunity to buy truly transparently safe food supplies seems greater than ever before, notwithstanding the fact that more consumers are voluntarily taking chances with sushi, non-pasteurized cheeses and home-made raw milk. The nice thing about mortality statistics is that a death pretty much always reflects a disappointment with the transaction, but for most metrics (opioid markets being one significant exception) mortality is down over the past few decades.

...

19:50

The Evidence Mounts That ISIS Is Preparing to Disperse the Pneumonic Plague From CIA Supplied Drones "IndyWatch Feed Economics"

The Evidence Mounts That ISIS Is Preparing to Disperse the Pneumonic Plague From CIA Supplied Drones by Dave Hodges The Common Sense Show TDC Note We like to keep an eye on these types of stories as some...

The post The Evidence Mounts That ISIS Is Preparing to Disperse the Pneumonic Plague From CIA Supplied Drones appeared first on The Daily Coin.

19:10

China and Central Asian States "IndyWatch Feed Economics"

China and Central Asian States Author: Vladimir Odintsov  Journal-NEO As the centre of global development shifts towards the Asian Pacific Region, the geopolitical importance of Central Asia on the Eurasian continent has only been increasing. China and this extremely vast region, which...

The post China and Central Asian States appeared first on The Daily Coin.

19:00

#CreepyJoeBiden and Lady Gaga to Establish Sexual Assault Centres (Video) "IndyWatch Feed Economics"

#CreepyJoeBiden and Lady Gaga to Establish Sexual Assault Centres Video New World Next Week James Corbett Welcome to New World Next Week the video series from Corbett Report and Media Monarchy that covers some of the most...

The post #CreepyJoeBiden and Lady Gaga to Establish Sexual Assault Centres (Video) appeared first on The Daily Coin.

19:00

The Ease of Doing Business Index "IndyWatch Feed Economics"

Take it easy! The Ease of Doing Business Index click for interactive map Source: FRED How this map was created: In GeoFRED, select Build New Map. In the tools menu, click Data and search for ease of doing business.   From the always fascinating FRED: In an increasingly competitive global economy, many in the private sector

Read More

The post The Ease of Doing Business Index appeared first on The Big Picture.

...

19:00

Solid Sales Growth and Margins at New Highs Drive 3Q17 Results "IndyWatch Feed Economics"

By Urban Carmel For the third quarter (3Q17), S&P earnings rose 12% yoy, sales grew 6% and profit margins expanded to new all-time highs. These strong results are not due to the rebound in oil prices. Sales for the sectors...

18:50

The Worlds First Space Nation Now Has A Satellite Flying Above The Earth "IndyWatch Feed Economics"

The Worlds First Space Nation Now Has A Satellite Flying Above The Earth by Mac Slavo SHTFPlan On November 12, Asgardia cemented its presence in outer space by launching the Asgardia-1 satellite.  The nation is slowing coming to fruition....

The post The Worlds First Space Nation Now Has A Satellite Flying Above The Earth appeared first on The Daily Coin.

18:47

Athens Integral Cooperative: Building Alternative Economies in Greece "IndyWatch Feed Economics"

Athens Integral Cooperative: Building Alternative Economies in Greece from Unicorn Riot on Vimeo.

Anti-capitalists in Athens are creating alternatives to capitalism. In the summer of 2017, Unicorn Riot's Niko spoke with Theodore from the Athens Integral Cooperative about the alternative economy they are creating and how it works to integrate "individuals, collectives, and social forces, that already make a social economy" into a substantial, alternative, and autonomous economy.

Watch more video from Unicorn Riot

 

Go to the GEO front page

 

18:39

Community shares and the Unity Works collapse "IndyWatch Feed Economics"

Firstly, despite the Unity Works story, community share issues are still, clearly, a Good Thing.  Millions of pounds of investment capital have been raised for a wide range of community ventures, from locally run village shops and pubs to small-scale wind turbines. My own community land trust will be asking our local community for investment capital in a new affordable homes development next year when we launch our own community share issue, so I have a direct interest in this whole subject.

But we need to remember that community shares investment can be risky.  Some groups launch community share issues without adequate business plans or prospectuses, and some investors carried away by commitment to the idea fail to read the small print. The way forward here is to encourage best practice, and the community shares Standard Mark is an excellent initiative in this respect.

Read the rest at Bibby on Cooperatives

 

Go to the GEO front page

18:30

18:14

The Superhero Complex: Are We Incapable of Saving Ourselves? "IndyWatch Feed Economics"

Its been widely noted that the U.S. film industry ably functions as a pro-global hegemony propaganda machine: even when the plot features evil rogue elements at work in a global-hegemony agency (Pentagon, CIA, NSA, etc.), the competence of the agency is never in doubt, nor is the agencys ability to rid itself of the evil rogue element.

Evil conspiracies are revealed and the Good Guys/Gals win.

This depiction of official competence and the moral righteousness of patriotic employees is not surprising; these agencies have long cooperated with Hollywood on many levels.

More troubling is the recent film-industry depiction of our dependence on superheroes and their superpowers to set things right. The benign view is that Hollywood is always seeking new billion-dollar source materials for multi-film franchises, and comic book heroes are tailor-made for franchises: not only can multiple films be made about individual superheroes, but the potential for mix-and-match combinations of superheroes is practically endless.

The less benign view is that the popularity of superhero movies reflects a deep insecurity and worrisome desire for fantasy saviors, as if mere mortals can no longer save themselves with their pitiful real-world powers.

Psychoanalyzing the zeitgeist of films has long been a popular parlor game: much has been written about the popularity of monster films (often featuring nuclear radiation as the trigger of the mayhem) in 1950s Japan, and the meaning of the American Noir films in the 1950s.

Correspondent C.D. recently submitted an interpretation of Hollywoods superhero movies: is our collective fascination with superheroes reflecting a sense that we no longer have the power to save ourselves?

One of the things Ive been thinking about lately is the idea of TPTB (the Powers That Be) using entertainment, specifically movies, to keep the masses from rising up. Have you noticed how many modern movies use the archetype of the hero, but place that hero in opposition to some type of system (e.g. the Empire in Star Wars), or we have superheros. In both instances, there is a type of cathartic release for the audiences frustrations with the current system. When the evil empire is defeated in the movie, people get an emotional release and they feel less motivated to deal with the real world empire.

When a superhero takes care of the problem,...

18:10

The Most Profitable Trade of My Career Almost Bankrupted Me "IndyWatch Feed Economics"

Why the Bond King Has Never Been More Bearish

The Most Profitable Trade of My Career Almost Bankrupted Me by Justin Spittler Casey Research Justins note: Todays essay comes from master trader Jeff Clark. Jeffs one of the best traders Ive metand his track record can attest. Since...

The post The Most Profitable Trade of My Career Almost Bankrupted Me appeared first on The Daily Coin.

18:00

A Bullish Big Picture With Growing Near-Term Headwinds "IndyWatch Feed Economics"

By Alex Barrow There are some growing signs of weakness in this market. Breadth is slipping, credit doesnt look too great, there are more new lows versus new highs being made that kind of stuff. Im still not getting any major...

Duties Imposed Against Chinese "Dumping" Hurt American Consumers "IndyWatch Feed Economics"

By: Andrew Moran
madein.PNG

For years, special interests have called on the U.S. government to level the playing field in the form of duties, levies, and other antiquated measures. Democrats and Republicans alike have aired their grievances over the trade deficit, grumbling about exporters hurting American workers by flooding the market with cheap goods. These complaints are deeply misguided.

Over the last decade, China has been accused of tilting international trade in its favor. Is this true? No, it is demonstrably false, as Beijings subsidized exports greatly benefit American consumers far more than the Chinese population.

You cant tell that to the U.S. government, though.

In late October, the Department of Commerce announced that China dumped aluminum foil on the U.S. market, selling the goods at unfairly low prices. 

Trade policy under Trump hasnt been dramatically different from his predecessors, though. Who who monitor trade deals have forgotten about President Barack Obamas 35% tax on Chinese tires and President George W. Bushs 20% tax on imported steel. 

US Imposes Anti-Dumping Duties

Before Trumps stop in Beijing as part of his 12-day Asian tour, the U.S. government imposed duties ranging between 96.81% and 162.24% on Chinese aluminum foil. The preliminary report determined that China dumped nearly $400 million worth of aluminum foil imports on the U.S. market in 2016 at very low prices.

In August, the U.S. instituted preliminary duties of up to 80.97% on Chinese aluminum foil. The Commerce Department averred that state subsidies placed American products at a disadvantage.

China is not pleased by the move, describing it as mistaken methods. The Chinese Ministry of Commerce confirmed that it would take necessary actions to protect its domestic industries by filing a dispute under World Trade Organization (WTO) protocols.

Wang Hejun, an official with the ministry, said the U.S. is not only harming Chinese companies, but it is violating multilateral trade rules. He said in a...

17:50

Golds Long-term Analogies "IndyWatch Feed Economics"

Golds Long-term Analogies by PRZEMYSAW RADOMSKI , CFA Sunshine Profits A daily rally in gold, daily decline, daily turnaround and other daily price developments are both interesting and dangerous. Interesting, because nothing is as exciting as a big intraday move....

The post Golds Long-term Analogies appeared first on The Daily Coin.

17:30

Moore Accuser Removes Anti Moore, Anti Trump FB Rants (Video) "IndyWatch Feed Economics"

Moore Accuser Removes Anti Moore, Anti Trump FB Rants Video Bill Still Why is Judge Roy Moore important? Because he would be the swing vote in the U.S. Senate on a host of conservative, Pro-Trump issues essentially nullifying...

The post Moore Accuser Removes Anti Moore, Anti Trump FB Rants (Video) appeared first on The Daily Coin.

17:10

RIPPLE XRP ON A RUN! "IndyWatch Feed Economics"

RIPPLE XRP ON A RUN! by Junius Maltby Steemit One Crypto I keep my eye on, and I actually moved into as I play is Ripple XRP. A friend, well call him J.B. has urged me to look at...

The post RIPPLE XRP ON A RUN! appeared first on The Daily Coin.

17:00

Keiser Report: Business of #Russiagate (Video) "IndyWatch Feed Economics"

Max Keiser & Rick Ackerman: TopsyTurvy World (Video)

Keiser Report: Business of #Russiagate Video RT In this episode of the Keiser Report, Max and Stacy discuss the international oligarchy exposed by the Paradise Papers. In the second half, Max interviews Max Blumenthal about the business of

The post Keiser Report: Business of #Russiagate (Video) appeared first on The Daily Coin.

17:00

Chinas 10-year Yield Bumping 4% "IndyWatch Feed Economics"

By Tom McClellan Even before President Trumps Asia trip, Chinese 10-year sovereign bond yields have been pushing higher. And that means we should expect the same for US 10-year T-Note yields. I wrote about this relationship...

16:50

Deepening Crisis In Hyper-Inflationary Venezuela and Zimbabwe "IndyWatch Feed Economics"

Deepening Crisis In Hyper-Inflationary Venezuela and Zimbabwe by Jan Skoyles GoldCore Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis Venezuelas new 100,000-bolivar...

The post Deepening Crisis In Hyper-Inflationary Venezuela and Zimbabwe appeared first on The Daily Coin.

16:49

This Holiday Season, Join the Maker Movement During 'MAKE SMTHNG Week' "IndyWatch Feed Economics"

Shareable is thrilled and proud to partner with Greenpeace and Fashion Revolution for the inaugural MAKE SMTHNG Week, a worldwide event focused on the maker movement, which will take place Dec. 2-10, 2017. During the week, people are encouraged to forgo shopping for new things and instead create, upcycle, repair, and share.

16:40

In The News Today "IndyWatch Feed Economics"

Jim Sinclairs Commentary The latest from John Williams www.shadowstats.com Outlook for U.S. Economic and Financial-Market Activity Continues to Darken That Former Malarial Swamp on the Potomac Offers a Tax Bill Penalizing U.S. Tax Payers with the First Formal Use of the Chained-CPI-U Unwinding Hurricane Impact Softened October CPI Inflation October CPI-U... Read more

The post In The News Today appeared first on Jim Sinclair's Mineset.

16:30

Silver vs The Digital Wealth Illusion World (Video) "IndyWatch Feed Economics"

Silver vs The Digital Wealth Illusion World Video Truth Never Told Video Source

The post Silver vs The Digital Wealth Illusion World (Video) appeared first on The Daily Coin.

16:20

Ending the Business of Child Labor "IndyWatch Feed Economics"

Advocates fighting to eradicate child labor had once hoped that globalization would help. But recent evidence shows that little progress has been made, suggesting that in addition to strong legal frameworks, robust accountability mechanisms are needed to guarantee that child labor is not used in supply chains.

16:10

Hedge funds preparing for the institutionalization of Bitcoin as CME prepares trading contract which will skyrocket volume and price "IndyWatch Feed Economics"

Hedge funds preparing for the institutionalization of Bitcoin as CME prepares trading contract which will skyrocket volume and price by Ken Schortgen The Daily Economist Bitcoin owners should expect prices to go much, much higher once the CME implements...

The post Hedge funds preparing for the institutionalization of Bitcoin as CME prepares trading contract which will skyrocket volume and price appeared first on The Daily Coin.

16:09

The Pandoras Box of the Digital Age "IndyWatch Feed Economics"

In the past year alone, a series of hacks and ransomware attacks by hostile governments and other malign actors have raised alarms about a major threat to global stability. Unfortunately, many governments are responding by developing still more cyber weapons, on the mistaken assumption that offense is the best defense.

16:00

The New Progressives "IndyWatch Feed Economics"

By: David Gordon
The Captured Economy

The Captured Economy: How the Powerful Enrich Themselves, Slow Economic Growth, and Increase Inequality. By Brink Lindsey and Steven M. Teles. Oxford University Press, 2017. Viii + 221 pages.

During the late nineteenth and early twentieth centuries, the Progressives claimed that the American political system was corrupt. Large financial and business interests dominated the government. What should be done to end their noxious influence and to promote the public good? Guidance from intellectuals, not wheeling and dealing by corrupt politicians, should set the political agenda. Nonpartisan scientific experts should take over much of the day-to-day work of government.

In his definitive Roots of the Modern State: The Progressive Era, Murray Rothbard had little use for these would be intellectual autocrats: Behind the Progressive program were newly burgeoning groups of intellectuals, technocrats, and professionals: economists, writers, engineers, planners, physicians, etc., anxious for power and lucrative employment at the hands of the State.

Brink Lindsey self-identifies as a libertarian; and Steven Teles is a modern liberal. They have together devised a new liberaltarian outlook. (The word combines elements of libertarian and egalitarian) It is a new name for an old way of thinking, and students of the Progressives will find little to surprise them.

Experts, the authors tell us, must be in charge: Making Congress more deliberative, and less subject to undue influence, is a matter of making it smarter and more independent of the interests trying to bend it to their will. The way to do that. . .is to finally bring the civil service system to Congress. . .The first best option would be to reconstruct committee staff on the model of the Congressional Budget office and the Government Accountability office, which provide stable long-term employment to highly trained policy experts in a context of strict non-partisanship. 

The Federal Trade Commission should extend its expert guidance to the states: If an anti-rent organization in a state can generate enough energy to request the FTC to issue an advisory opinion, it can introduce a very powerful, authoritative counterweight into a normally insulated decision-making process. The FTC could be doing even more in this area by providing more resources to pay for research and participate in sta...

15:37

Is This The Tesla Killer? "IndyWatch Feed Economics"

Is This The Tesla Killer? from ZeroHedge We all know the story behind Fisker, it was one of the worlds first plug-in hybrid electric vehicles in 2008, and even had a legal spat between Tesla, but shortly after in 2012 the...

The post Is This The Tesla Killer? appeared first on The Daily Coin.

15:30

Daily Digest 11/16 - PR Facing Major Mental Health Crisis, Automated Trucks To Cost 300k Jobs Per Year "IndyWatch Feed Economics"

Daily Digest 11/16 - PR Facing Major Mental Health Crisis, Automated Trucks To Cost 300k Jobs Per Year
  • With signs of anxiety and depression on the rise, Puerto Rico now faces a major mental health crisis
  • Goldman: Automated Trucks To Cost 300k Jobs Per Year
  • Venezuela just defaulted, moving deeper into crisis
  • Mind The Gap
  • Signs of Russian Meddling in Brexit Referendum
  • Big Science - Part Four
  • Increased Hours Online Correlate With An Uptick In Teen Depression, Suicidal Thoughts
  • Thousands of scientists issue bleak second notice to humanity

Join the conversation

15:30

Austrian Student Scholars Conference, Feb. 16-17, 2018 "IndyWatch Feed Economics"

By: Jeffrey M. Herbener
Austrian Student Scholars Conference 20140604_750x516_0.jpg

Grove City College will host the fourteenth annual Austrian Student Scholars Conference, February 16-17, 2018. Open to undergraduates and graduate students in any academic discipline, the ASSC will bring together students from colleges and universities across the country and around the world to present their own research papers written in the tradition of the great Austrian School intellectuals such as Ludwig von Mises, F.A. Hayek, Murray Rothbard, and Hans Sennholz. Accepted papers will be presented in a regular conference format to an audience of students and faculty.

Keynote lectures will be delivered by Drs. Guido Hlsmann and G.P. Manish.

Cash prizes of $1,500, $1,000, and $500 will be awarded for the top three papers, respectively, as judged by a select panel of Grove City College faculty. Hotel accommodation will be provided to students who travel to the conference and limited stipends are available to cover travel expenses. Students should submit their proposals to present a paper to the director of the conference (jmherbener@gcc.edu) by January 15. To be eligible for the cash prizes, finished papers should be submitted to the director by February 1.



15:12

Saudi Arabias Revolution From Above "IndyWatch Feed Economics"

After becoming the heir apparent to the Saudi throne earlier this year, Crown Prince Mohammed bin Salman has quickly consolidated his power and begun to usher in a period of radical change. But as he overhauls the country's domestic and foreign policies, he is also heightening the risk of another conflict in the Middle East.

15:07

Enterprise and Society to Launch New Fifth Issue "IndyWatch Feed Economics"

BHC Banner squished

Enterprise and Society: The International Journal of Business History and Cambridge University Press are pleased to announce an exciting new initiative designed to extend the reach and impact of business history by promoting interdisciplinary dialogue and tackling the most pressing questions within and beyond the field

Announcement: Enterprise and Society to Launch New Fifth Issue


The International Journal of Business History and Cambridge University Press are pleased to announce an exciting new initiative designed to extend the reach and impact of business history by promoting interdisciplinary dialogue and tackling the most pressing questions within and beyond the field.

Business history takes as its topic the dominant institution of our day. Globally, we are at a moment when almost every critical issue and public discussion evokes deep historical resonances. Business history has much to say on a wide range of vital topics and we believe our voices should be heard louder and further afield.

The new fifth issue, which will be published online, will be a special issue unlike most others. Rather, than seeking original research articles the aim is to generate bold, ambitious, synthetic articles that will spark debate, inspire future lines of work, and broaden audiences. Each issue will focus either on the potential intersections of business history and another field, both within and beyond history, or on problems of the greatest magnitude. Potential examples of the former include: business history and legal history or business history and economic sociology. Potential examples of the latter include: business and inequality; business, democracy, and authoritarianism; or business and capitalism.

The new fifth issue will also differ from most Special Issues in other ways. We will not seek theme proposals. Rather, the editorial team at Enterprise and Society will decide themes. Teams of potential guest editors will then be invited to bid to take each theme forward to publication. Space and support will be given for guest editors to organize a supporting workshop at the Annual Meeting of the Business History Conference, on whose behalf Enterprise and Society is published.

Adopting an online only format for the new fifth issue...

15:00

FT: How Green Are Electric Cars? "IndyWatch Feed Economics"

Very interesting analysis on how green hybrid, electric and petrol cars actually are: According to data from the Trancik Lab at the Massachusetts Institute of Technology, a Tesla Model S P100D saloon driven in the US midwest produces 226 grammes of carbon dioxide (or equivalent) per kilometre over its lifecycle a significant reduction to

Read More

The post FT: How Green Are Electric Cars? appeared first on The Big Picture.

...

14:50

Hacking the Nazis "IndyWatch Feed Economics"

Some resisters fought the Nazis in the streets while others fought them from within by hacking some of the worlds first information technology systems. Ava Ex Machina has a fascinating post discussing some of these unheralded hackers. Here is one:

Ren Carmillewas a punch card computer expert and comptroller general of the French Army, who later would head up the Demographics Department of the French National Statistics Service. As quickly as IBM worked with the Nazis to enable them to use their punch card computer systems to update census data to find and round up Jewish citizens, Rene and his team of double-agents worked just as fast to manipulate their data to undermine their efforts.

The IEEE newspaper, The Institute, describes Carmille as being an early ethical hacker: Over the course of two years, Carmille and his group purposely delayed the process by mishandling the punch cards. He also hacked his own machines, reprogramming them so that theyd never punch information from Column 11 [which indicated religion] onto any census card. His work to identify and build in this exploit saved thousands of Jews from being rounded up and deported to death camps.

Rene was arrested in Lyon in 1944. He was interrogated for two days by Klaus Barbie, a cruel and brutal SS and Gestapo officer called the Butcher of Lyon, but he still did not break under torture. Rene was caught by the Nazis and sent to the Dachau concentration camp, where he died in 1945.

Hat tip: Tim Harford.

The post Hacking the Nazis appeared first on Marginal REVOLUTION.

13:50

Did The Feds Alan Greenspan Admit Gold Is Being Manipulated? "IndyWatch Feed Economics"

Did The Feds Alan Greenspan Admit Gold Is Being Manipulated? by Avi Gilburt Gold Seek Every now and then I see another analyst publicly claim that the gold market is being manipulated. And, the reason they come to that...

The post Did The Feds Alan Greenspan Admit Gold Is Being Manipulated? appeared first on The Daily Coin.

13:43

10 Thursday AM Reads "IndyWatch Feed Economics"

Apparently the DaVinci code is get lost for a few centuries, then smash records at auction. My morning train UTOG reads:  The Risk Of Estimating Risk (CapitalSpectator)  George Will: Roy Moore is an embarrassment. Doug Jones deserves to win. (Washington Post) see also How Sinclair compromised the news on an Alabama station it owns to support

Read More

The post 10 Thursday AM Reads appeared first on The Big Picture.

...

13:35

Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe Show Why Physical Gold Is Ultimate Protection "IndyWatch Feed Economics"

Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe
Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis
Venezuelas new 100,000-bolivar note is worth less oday thehan USD 2.50
Maduro announces plans to eliminate all physical cash
Gold rises in response to ongoing crises

A military coup-de-grace in Zimbabwe and a bankrupt Venezuela. Both countries have extreme hyperinflation, citizens are starving and basic medical treatment is near impossible to find. These are the real world problems 47.5 million people are currently facing.

Presidents Robert Mugabe and Nicolas Maduro both deny the crises in their respective countries. For Maduro it is the media propagating false truths. In Zimbabwe the response to hyperinflation has been to declare it illegal.

Both countries are in the media spotlight after a significant week that has left one man powerless and another scrambling to restore faith in his bankrupt country.

Each countrys mess is thanks to mismanagement of resources and the central banking system. Citizens have had their rights almost decimated as the cash in the bank is worth increasingly less and fewer people are receiving income. Basic goods and services are near impossible to come by, with little sign of let-up.

The hyperinflation and economic situations in both the Latin American and south African country are a reminder of the damage caused by governments. Both Maduro and Mugabe have acted under the premise of serving the electorate. Citizens as a result have only suffered and seen their wealth diminish on a daily basis.

Both countries may seem a million miles away from the West in terms of political situation and cultures. However there is a strong lesson to be learnt. Savers should learn the need to protect their earnings and wealth from the manipulative decisions of governments and destructive monetary policies.

Click here to read full story on GoldCore.com.

 

Important Guides

For your perusal, below are our ...

13:30

Amir Adnani: Gold Insiders Religously Stick With One Strategy (Video) "IndyWatch Feed Economics"

Amir Adnani: Gold Insiders Religously Stick With One Strategy Video Wealth Research Group Video Source

The post Amir Adnani: Gold Insiders Religously Stick With One Strategy (Video) appeared first on The Daily Coin.

13:14

All gain, no pain? the Chancellors cunning tax plan "IndyWatch Feed Economics"

British politics is odd these days. But even by current standards something very unusual looks set to happen in next weeks Budget. A basic rule of British politics is that tax rises tend to happen soon after a general election, with the Chancellor betting that well all have forgotten about them when the next election comes around. Philip Hammond may well be about to shred that rule with the Treasury considering plans for tax rises that would take place just a few months before the next General Election is due in 2022.

Some Conservative MPs will say that shows the Chancellor doesnt understand the rules of politics. But there is more than one rule of politics. Another key rule, to paraphrase Lyndon B Johnson, is that you never call a vote before you can win it.

Faced with the twin challenges of a looming economic downgrade from the Office for Budget Responsibility and spending commitments from the Prime Minister, the Chancellor looks set to see a significant reduction in the headroom he has against his main fiscal rule to reduce cyclically-adjusted public sector net borrowing to below 2% of GDP by 2020-21.

Raising revenue from additional taxation is the obvious way to square that circle without looking like youve given up on the whole fixing the public finances thing. The only difficulty is that the self-employed NICs debacle earlier this year showed that the Chancellor cant currently win a vote on even the most innocuous of tax rises.

But while you cant put up taxes without a vote (something American independence taught us a while back), you can control the timing of one. Heres how.

The Chancellor is looking at policy proposals for the Budget to freeze the Personal Tax Allowance (PTA) and higher rate threshold (HRT) once he has met the Conservative Party manifesto commitment to raise them to 12,500 and 50,000 respectively. This could raise serious amounts of cash.

If the Chancellor does nothing else those thresholds are set to reach nearly 13,000 and 51,000 respectively in April 2022, due to faster than expected inflation (the thresholds are automatically uprated in line with Septembers inflation rate the following April). Instead of allowing that to happen, a policy of freezing the PTA & HRT once they hit the manifesto pledges would raise 3.1 billion a year in 2022-23.

Actually making the tax rise happen is a whole other ball game but crucially one where kick-off is very very delayed. Thanks to the Rooker-Wise amendment back in 1977 it takes primary legislation to prevent income tax thresholds rising in line with inflation. But that primary legislation does not need to be passed when the announcement is made...

13:10

The medical police state has arrived in California: Mother threatened with ARREST for refusing to vaccinate her children "IndyWatch Feed Economics"

The medical police state has arrived in California: Mother threatened with ARREST for refusing to vaccinate her children by: Lance D Johnson  Natural News Californias unconscionable vaccine mandate law (SB 277) went into effect July 1, 2016. The law eliminates parental...

The post The medical police state has arrived in California: Mother threatened with ARREST for refusing to vaccinate her children appeared first on The Daily Coin.

13:00

Thursday: Co-Hosting Bloomberg Radio 7-10 am "IndyWatch Feed Economics"

click for live radio   I am back in the studio this morning, co-hosting with Tom Keene for the full show today. Our line up looks like this: 7:00 Kathy Fisher, AB Bernstein Private Wealth Management Head of Wealth and Investment Strategies, on Markets 7:30 5 Things You Need to Know 8:18 Mickey Levy, Berenberg Chief

Read More

The post Thursday: Co-Hosting Bloomberg Radio 7-10 am appeared first on The Big Picture.

...

13:00

The Tuskegee Experiment at 45: Have Public-Health Programs Been Vindicated? "IndyWatch Feed Economics"

By: Dale Steinreich
Tuskegee-syphilis-study_doctor_injects_subject_with_placebo.gif

November 16, 2017 marks the forty-fifth anniversary of the federal memorandum that ended the Tuskegee syphilis experiment. In 1932, the U.S. Public Health Service (USPHS) enrolled 600 indigent black-male sharecroppers in the study who were residents of Macon County, Alabama. 

The study subjects were promised, among other services, free treatments for "bad blood" (a term that included the symptoms of anemia and lethargy as well as syphilis), treatments for other minor illnesses, and free burial if they agreed to an autopsy after their deaths. Of the 600 subjects, 399 were found to be infected with syphilis, while 201 were not.

The main controversy surrounds the arrival of penicillin in 1947. As a cure for syphilis, the Tuskegee researchers not only ignored it, they allegedly kept their subjects in the dark about it and prevented them, where possible, from being treated with it in other public-health programs in Macon County.

The Counter-narrative

Some political moderates and progressives are bitter about the mainstream account of Tuskegee because it has to some degree fostered suspicion of public-health programs, which they enthusiastically support. While there has been a counter-narrative about Tuskegee since its end, a renewed one has gained strength since Benedek and Erlen (1999).

Counter-narrative proponents point out that the study's title (Tuskegee Study of Untreated Syphilis in the Negro Male) reinforces in part that the study was an examination of men with late-stage dormant syphilis who were not contagious and who had the infection for five or more years. A 1950 report from the study itself documents that of 410 infected subjects selected from 1931-32 and 1932-33, 178 were in fact given the standard treatment of the time, neoarsphenamine.

The standard treatments of the day, arsenical compounds, were toxic (and as such had many adverse side effects), required a regimen that could consume about a year's time, and were of little reliability in terms of a cure. With such high costs and few benefits, patient non-compliance rates hovered about 80-90 percent. Add to thi...

12:45

Lies Republicans Tell to Sell Tax Cuts (Video) "IndyWatch Feed Economics"

Lies Republicans Tell to Sell Tax Cuts Video Peter Schiff Video Source

The post Lies Republicans Tell to Sell Tax Cuts (Video) appeared first on The Daily Coin.

12:15

The Superhero Complex: Are We Incapable of Saving Ourselves? "IndyWatch Feed Economics"

The Superhero Complex: Are We Incapable of Saving Ourselves? by Charles Hugh Smith Of Two Minds If we felt empowered in daily life, would we be so enamored of superheroes constantly saving our world from destruction? Its been widely...

The post The Superhero Complex: Are We Incapable of Saving Ourselves? appeared first on The Daily Coin.

11:55

Liquid Gold: Pain Doctors Soak Up Profits By Screening Urine For Drugs "IndyWatch Feed Economics"

Spending on urine screens and related genetic tests quadrupled from 2011 to 2014 to an estimated $8.5 billion a year more than the budget of the EPA

11:45

Why Core Inflation is Rising & What it Means for Fed Rate Hikes "IndyWatch Feed Economics"

Why Core Inflation is Rising & What it Means for Fed Rate Hikes by Wolf Richter Wolf Street Yellen was right to brush off transitory factors of low inflation. Consumer prices, as measured by CPI for October, rose 2.0%...

The post Why Core Inflation is Rising & What it Means for Fed Rate Hikes appeared first on The Daily Coin.

11:18

Scientists: Population Growth Primary Driver Behind Ecological and Societal Threats "IndyWatch Feed Economics"

A bit late in the game, experts are finally depicting population growth as the driver of threats like climate change.

11:15

Toilet Paper PUCKS! Amazing invention for NUMBER 2s! (Video) "IndyWatch Feed Economics"

Toilet Paper PUCKS! Amazing invention for NUMBER 2s! Video Canadian Prepper Ive shown you the toilet paper tablets, brace yourself for something bigger and better! The Wysiwipe large compressed towel is an amazing addition to any bug out bag,...

The post Toilet Paper PUCKS! Amazing invention for NUMBER 2s! (Video) appeared first on The Daily Coin.

10:47

Debt Rattle November 16 2017 "IndyWatch Feed Economics"

Leonardo da Vinci Salvator Mundi 1513   Landmark Study Links Tory Austerity To 120,000 Deaths (Ind.) Jeremy Corbyn Will Inevitably Become UK Prime Minister Varoufakis (BI) Why Care More About Benefit Scroungers Than Billions Lost To The Rich? (G.) No Evidence Of Russian Interference In Brexit, PM May Admits In

The post Debt Rattle November 16 2017 appeared first on The Automatic Earth.

10:45

Hong Kong Official Touts Blockchain for Chinas Belt and Road Plan "IndyWatch Feed Economics"

Hong Kong Official Touts Blockchain for Chinas Belt and Road Plan by Brady Dale CoinDesk A senior official for the government of Hong Kong has said blockchain could bolster Chinas ongoing efforts to significantly expand its trade capabilities. According to...

The post Hong Kong Official Touts Blockchain for Chinas Belt and Road Plan appeared first on The Daily Coin.

10:15

Kurt Russell Walks Off 2nd Interview on Gun Control [2 separate interviews here] (Video) "IndyWatch Feed Economics"

Kurt Russell Walks Off 2nd Interview on Gun Control [2 separate interviews here] Video TransPonderNews This video contains two separate videos where Kurt Russell talk about gun control. The first is the view, where Kurt talks about the 2nd...

The post Kurt Russell Walks Off 2nd Interview on Gun Control [2 separate interviews here] (Video) appeared first on The Daily Coin.

10:00

US Government Issues A Warning Against North Koreas Hidden Cobra (Video) "IndyWatch Feed Economics"

US Government Issues A Warning Against North Koreas Hidden Cobra Video X22 Report U5 Democrats submitted article of impeachment for Trump. Russia creates bill to designate foreign news media outlets as foreign agents. Venezuela signs a 3.2 billion restructuring...

The post US Government Issues A Warning Against North Koreas Hidden Cobra (Video) appeared first on The Daily Coin.

10:00

Ricoh Asia Pacific receives the Singapore Apex Corporate Sustainability Awards 2017 for its sustainable business practices "IndyWatch Feed Economics"

SINGAPORE, 9 November, 2017 - Ricoh Asia Pacific have received the Singapore Apex Corporate Sustainability Awards from the Global Compact Network Singapore. This award recognizes Ricoh for demonstrating excellence sustainability in the Sustainable Business Category. The awards ceremony which took place on 8 November was graced by the presence of Mr. Heng Swee Keat, Minister for Finance. Ricoh Asia Pacific is honoured and proud to be the first and the only Japanese Multinational Corporation in the Office Imaging Equipment & Solution industry receiving this prestigious recognition in Singapore on Corporate Sustainability. Mr. Kazuhisa Goto, Managing Director of Ricoh Asia Pacific, expresses his delight: "The Ricoh Way represents our values, and act as the fundamental approach in the area of our business planning, quality assurance and corporate social responsibility. Where we are today will never be made possible without the hard work of our team and active participation of all stakeholder. We will continue to humble ourselves with a constant learning attitude, keep up with our current achievements and strive for the better to continue bringing values to people and the society." Ricoh Asia Pacific's sustainability journey began as early as 2004 by first inculcating the Eco Office concept into the office environment and since then, actively engage in the environmental conservation activities and the Sustainable Singapore Blueprint (SSB) with governmental organisations such as the Ministry for the Environment and Water Resources, National Parks Board, National Environment Agency, Public Utility Board and the Nature Society (Singapore). Ricoh Asia Pacific is the pioneer and organizer who has initiated the annual Eco Action Day campaign in Singapore since 2007 to commemorate the World Environment Day. This year, Ricoh integrated the United Nations Sustainable Development Goals as part of the campaign by launching the Eco Action Day Youth Challenge and Industry Roundtable. Globally, in April this year, Ricoh Group have newly established five materiality issues namely, Productivity Enhancement, Intelligence Creation, Quality of Life (QOL), Enhancement Zero-carbon Society and Circular Economy, to align its Three Ps Balance with the identified United Nations Sustainable Development Goals. By addressing these issues of materiality, Ricoh will set realistic targets based on these issues and reinforce the initiatives through its business to enhance a sustainable society. As the first Japanese company to join the RE100, the world's influential companies that are committed to 100% renewable power, Ricoh Group has committed to using a minimum of 30% renewable energy by 2030 and 100% by 2050. As the regional headquarter, Ricoh Asia Pacific took the lead to switch to the use of clean energy this year and by 2019, the regional office will be 100% powered using the renewable source. For more information about the Singapore Apex Corporate Sustainability Awa...

09:45

MUST LISTEN JBSFC (Podcast) "IndyWatch Feed Economics"

MUST LISTEN JBSFC Podcast TFMetals Report Since we began posting these weekly discussions in early 2014, weve only occasionally implored you to be sure to listen. This week merits that level of attention. Just listen and then come to...

The post MUST LISTEN JBSFC (Podcast) appeared first on The Daily Coin.

09:32

Why Meanness Makes You Dumb "IndyWatch Feed Economics"

Relearning How to Learn

I threw this (well, not all this) into a little conversation the other day, and my friends insisted that I write it up. So here you go. Enjoy.

Meanness makes you dumb. Not all people who are dumb stay mean, but all people who are mean stay dumb. You dont have to look further than, say, a certain internationally reviled head of state to see that much: he gets meaner and dumber, dumber and meaner, by the day.

Why does meanness make you dumb? Because to grow, mature, develop, you must learn. But you cannot learn if you are mean, because learning means accepting things from others, developing a sense not just of curiosity, but of gratitude, humility, courage, celebration. Therefore, every instant that you are busy scorning and belittling others, you cannot learn, and so, you are not growing. We will come back to that.

First, here is the paradox. Not a single one of us is born mean. We are born loving, empathic, and deeply attuned to each other, not if, but precisely because we are needy, infinitely delicate, fragile. Meanness is something that is beaten into us, by neglectful, careless, and abusive societies, teachers, parents, cultures, who teach us that the road to enlightenment passes through the grim vales of punishment. Yet have you ever learned to be a wiser, better, truer person by being punished? Or did you only shrink and wither a little inside? So to relearn how to learn we must forget what we have been taught, yet unlearning is much harder than learning, because a mind, like a magnet, does not want to let go, even when what it holds is stifling. How are we to do that?

Of course, you might think: but I have met many smart mean people! Have you? Or is it that your bar for being smart is far too low, which is another, subtler, way that you have internalized meanness, this time, to yourself? After all, being smart isnt merely being clever, or shrewd, or cunning enough to snatch all one desires, at any price. Ive met many people like that, and Id bet you have too, and we both know that they arent not just happywhat is happiness, anyways?but that they are something smaller still: hollow, futile, shallow, forgettable. Being smart is living a life that is authentic, rich, wise, whole, and beautiful, because, in the end one will learn too late: all one has really had is what one realized.

So let us continue. Today we are especially mean. Have you noticed? Brutality online is a way of life of course, but I mean it in an even bigger sense. Perhaps the most curious thing about the world today is that we are losing the ability to learn from one another. America will not learn from Britain the value of national healthcare and sane gun laws and public media, no matter how ob...

09:15

Gold & Silver Positioned to Move, Bullionvault Refuses Bitcoin, Turkey Stacking GOLD (Video) "IndyWatch Feed Economics"

Gold & Silver Positioned to Move, Bullionvault Refuses Bitcoin, Turkey Stacking GOLD Video Junius Maltby Daily news on the Junius Maltby Channel. Thanks for joining us as we take a look at gold, silver, recent events and cryptos. Gold...

The post Gold & Silver Positioned to Move, Bullionvault Refuses Bitcoin, Turkey Stacking GOLD (Video) appeared first on The Daily Coin.

09:00

If Youre Planning for Your Death, You Have More Options Than Ever Before "IndyWatch Feed Economics"

Americans are pushing the boundaries of how to memorialize their loved ones and dispose of their remains.

08:45

Tulips, Railways and Why We Dont Take Bitcoin "IndyWatch Feed Economics"

Tulips, Railways and Why We Dont Take Bitcoin by Adrian Ash Bullion Vault No stocks, bonds, seashells or Yap stones either please ONE KEY requirement of money, writes Adrian Ash at BullionVault, is that it doesnt drop 27% of...

The post Tulips, Railways and Why We Dont Take Bitcoin appeared first on The Daily Coin.

08:20

So much for COP23 there's a whole class of carbon emissions we're totally ignoring "IndyWatch Feed Economics"

In fighting climate change, much has been said about energy efficiency in buildings. What about the carbon emissions involved in constructing buildings in the first place, asks Francesco Pomponi.

08:03

A Perfect Fit, by Isaac Asimov "IndyWatch Feed Economics"

Gold said, You underwent due process in great detail, and there was no reasonable doubt that you were guilty

Even so!  Look!  We live in a computerized world.  I cant do a thing anywhere I cant get information I cant be fed I cant amuse myself I cant pay for anything, or check on anything, or just plain do anything without using a computer.  And I have been adjusted, as you surely know, so that I am incapable of looking at a computer without hurting my eyes, or touching one without blistering my fingers.  I cant even handle my cash card or even think of using it without nausea.

Gold said, Yes, I know all that.  I also know you have been given ample funds for the duration of yoiur punishment, and that the general public has been asked to sympathize and be helpful.  I believe they do this.

I dont want that.  I dont want their help and their pity.  I dont want to be a helpless child in a world of adults.  I dont want to be an illiterate in a world of people who can read.  Help me end the punishment.  Its been almost a month of hell.  I cant go through eleven more.

That is from the short story A Perfect Fit, from 1981, reproduced in the volume The Winds of Change and other stories.  Ive been rereading some Asimov lately, in preparation for my chat with Andy Weir, and much of it has held up remarkably well.

The post A Perfect Fit, by Isaac Asimov appeared first on Marginal REVOLUTION.

08:00

The Struggle in the Democratic Party "IndyWatch Feed Economics"

The fight for control over the Democratic party continues....

07:46

Commonwealth Bank commits to exiting coal "IndyWatch Feed Economics"

Australian finance giant Commonwealth Bank has indicated it will bring its coal funding down to zero, in line with the global transition to a low-carbon economy.

07:45

Two-Thirds of Top Silver Miners Suffering Significant Production Declines "IndyWatch Feed Economics"

Two-Thirds of Top Silver Miners Suffering Significant Production Declines from Schiff Gold The world silver market may be on the verge of a major supply crunch. Two-thirds of the top silver miners have suffered significant production decreases in 2017, according...

The post Two-Thirds of Top Silver Miners Suffering Significant Production Declines appeared first on The Daily Coin.

06:49

The persistent influence of the frontier on American life "IndyWatch Feed Economics"

Samuel Bazzi, Martin Fiszbein, and Mesay Gebresilasse have a new NBER working paper on that theme, here is the abstract:

In a classic 1893 essay, Frederick Jackson Turner argued that the American frontier promoted individualism. We revisit the Frontier Thesis and examine its relevance at the subnational level. Using Census data and GIS techniques, we track the frontier throughout the 1790-1890 period and construct a novel, county-level measure of historical frontier experience. We document skewed sex ratios and other distinctive demographics of frontier locations, as well as their greater individualism (proxied by infrequent children names). Many decades after the closing of the frontier, counties with longer historical frontier experience exhibit more prevalent individualism and opposition to redistribution and regulation. We take several steps towards a causal interpretation, including an instrumental variables approach that exploits variation in the speed of westward expansion induced by national immigration inflows. Using linked historical Census data, we identify mechanisms giving rise to a persistent frontier culture. Selective migration contributed to greater individualism, and frontier conditions may have further shaped behavior and values. We provide evidence suggesting that rugged individualism may be rooted in its adaptive advantage on the frontier and the opportunities for upward mobility through effort.

I am very much a proponent of this line of reasoning.

The post The persistent influence of the frontier on American life appeared first on Marginal REVOLUTION.

06:12

Forests are key to resilient growth and climate justice "IndyWatch Feed Economics"

If we are serious about accelerating our action to prevent dangerous climate change, we need to see a step change in international action on forests and land use says Unilever chief Paul Polman.

05:50

MSM Tells The American People: Hand Over Your Weapons!. Errrrr No! "IndyWatch Feed Economics"

MSM Tells The American People: Hand Over Your Weapons!. Errrrr No! by Susan Duclos All News Pipeline Trying To Incite Civil War In America  More Proof Theyve Gone Totally Insane!  The mainstream media has gone on a full-on gun...

The post MSM Tells The American People: Hand Over Your Weapons!. Errrrr No! appeared first on The Daily Coin.

05:33

Jims Mailbox "IndyWatch Feed Economics"

Africa has awakened to the cancer of corruption. Those leaders move to eliminate this scourge may well be the best thing that has happened to them and the continent, ever. Courtesy of JB. Jim Zimbabwes Mugabe Under House Arrest After Army Takeover November 15, 2017 Zimbabwes military has placed President Robert Mugabe under house arrest... Read more

The post Jims Mailbox appeared first on Jim Sinclair's Mineset.

05:30

The Global Economic System Is On Verge Of Imploding On Itself (Video) "IndyWatch Feed Economics"

The Global Economic System Is On Verge Of Imploding On Itself Video X22 Report Swedens housing bubble is starting to burst, bubbles around the world are starting to pop. Real hourly wages have declined. Retail sales growth slows, these...

The post The Global Economic System Is On Verge Of Imploding On Itself (Video) appeared first on The Daily Coin.

05:10

The Feds Are Investigating Allegations That Planned Parenthood Has Been Selling Baby Body Parts For Profit "IndyWatch Feed Economics"

The Feds Are Investigating Allegations That Planned Parenthood Has Been Selling Baby Body Parts For Profit by Michael Snyder End of the American Dream Is Planned Parenthood finally going to be held accountable for their crimes against humanity?  Pro-life...

The post The Feds Are Investigating Allegations That Planned Parenthood Has Been Selling Baby Body Parts For Profit appeared first on The Daily Coin.

04:50

Robot Apocalypse: With Artificial Intelligence We Are Summoning the Demon "IndyWatch Feed Economics"

Robot Apocalypse: With Artificial Intelligence We Are Summoning the Demon by Daisy Luther The Organic Prepper Have you noticed all of the news lately about artificial intelligence and robotics, including some things that sound like absolutely terrible ideas? Its...

The post Robot Apocalypse: With Artificial Intelligence We Are Summoning the Demon appeared first on The Daily Coin.

04:30

Jerry Robinson-How Much Longer Can the Petrodollar Survive? (Video) "IndyWatch Feed Economics"

Jerry Robinson-How Much Longer Can the Petrodollar Survive? Video Jay Taylor Media Jerry Robinson, explains why a dollar crash may be imminent, what it will mean for your investments and how to protect yourself. Video Source

The post Jerry Robinson-How Much Longer Can the Petrodollar Survive? (Video) appeared first on The Daily Coin.

04:10

5 Steps To Retiring Rich (Step 1) "IndyWatch Feed Economics"

Retirement Dreams Becoming Nightmares

5 Steps To Retiring Rich (Step 1) by Nilus Mattive Daily Reckoning Rumors were swirling that lawmakers were going to change the rules surrounding 401(k) plan contributions as part of their tax overhaul but it sounds like the...

The post 5 Steps To Retiring Rich (Step 1) appeared first on The Daily Coin.

04:00

Precious Metals Market Update Tom Cloud 111517 (Video) "IndyWatch Feed Economics"

Precious Metals Market Update Tom Cloud 111517 Video Follow the Money Daily Tom Cloud is a veteran precious metals advisor, serving clients around the world since 1977. Get Toms powerful monetary insights and precious metals analysis every week...

The post Precious Metals Market Update Tom Cloud 111517 (Video) appeared first on The Daily Coin.

03:50

SURPRISE: Look At Whats Hitting New Highs As Central Bank Liquidity Now On The Cusp Of Slowing Down Dramatically "IndyWatch Feed Economics"

SURPRISE: Look At Whats Hitting New Highs As Central Bank Liquidity Now On The Cusp Of Slowing Down Dramatically from King World News Surprise: Look at whats hitting new highs as central bank liquidity now on the cusp of slowing...

The post SURPRISE: Look At Whats Hitting New Highs As Central Bank Liquidity Now On The Cusp Of Slowing Down Dramatically appeared first on The Daily Coin.

03:30

Danielle DMartino BoothFed Up With The Fed (Video) "IndyWatch Feed Economics"

Danielle DMartino BoothFed Up With The Fed Video Financial Survival Network Danielle DMartino Booth joined us for a very enlightening conversation about the Federal Reserve and her book Fed Up: An Insiders View on Why the Federal Reserve is Bad...

The post Danielle DMartino BoothFed Up With The Fed (Video) appeared first on The Daily Coin.

03:25

Rumor: Hundreds of Sealed Indictments Suggest Mass Arrests May Occur "IndyWatch Feed Economics"

Rumor: Hundreds of Sealed Indictments Suggest Mass Arrests May Occur by DAVID NOVA  Deus Nexus TDC Note I was listening to a show earlier this morning and heard about 842 sealed indictments. After a quick search this is what I...

The post Rumor: Hundreds of Sealed Indictments Suggest Mass Arrests May Occur appeared first on The Daily Coin.

03:22

The Last Time These 3 Ominous Signals Appeared Simultaneously Was Just Before The Last Financial Crisis "IndyWatch Feed Economics"

We have not seen a leadership reversal, a Hindenburg Omen and a Titanic Syndrome signal all appear simultaneously since just before the last financial crisis.  Does this mean that a stock market crash is imminent?  Not necessarily, but as I have been writing about quite a bit recently, the markets are certainly primed for one.  On Wednesday, the Dow fell another 138 points, and that represented the largest single day decline that we have seen since September.  Much more importantly, the downward trend that has been developing over the past week appears to be accelerating.  Just take a look at this chart.  Could we be right on the precipice of a major move to the downside?

John Hussman certainly seems to think so.  He is the one that pointed out that we have not seen this sort of a threefold sell signal since just before the last financial crisis.  The following comes from Business Insider

On Tuesday, the number of New York Stock Exchange companies setting new 52-week lows climbed above the number hitting new highs, representing a leadership reversal that Hussman says highlights the deterioration of market internals. Stocks also received confirmation of two bearish market-breadth readings known as the Hindenburg Omen and the Titanic Syndrome.

Hussman says these three readi...

03:11

World set for 3.4C by 2100 "IndyWatch Feed Economics"

By the end of the century we should expect a world set for 3.4C more warmth than pre-industrial levels, analysts find.

03:10

Why Were Buying Physical Gold with a $1700 Target "IndyWatch Feed Economics"

Why Were Buying Physical Gold with a $1700 Target by Vince Lanci  ZeroHedge TDC Note We are not sure about all the graphs and charts theyre nice and make a good argument, however, why not just listen to...

The post Why Were Buying Physical Gold with a $1700 Target appeared first on The Daily Coin.

02:53

Nigel Farage has called on the EU to investigate George Soros for political meddling "IndyWatch Feed Economics"

The anti-Russia hysteria that has raged in the US for just over a year now appeared poised to spread to the UK last week after British media learned that three past or present Foreign Office ministers including Boris Johnson had been targeted by FBI agents in their investigations into George Papadopoulos and Carter

02:50

Democrats Have Done It: Articles Of Impeachment Against Trump Introduced "IndyWatch Feed Economics"

Democrats Have Done It: Articles Of Impeachment Against Trump Introduced by Mac Slavo SHTFPlan Democrats holding political offices have been threatening to impeach Donald Trump since he was elected a year ago.  No, they have finally officially introduced articles...

The post Democrats Have Done It: Articles Of Impeachment Against Trump Introduced appeared first on The Daily Coin.

02:46

The Superhero Complex: Are We Incapable of Saving Ourselves? "IndyWatch Feed Economics"

If we felt empowered in daily life, would we be so enamored of superheroes constantly saving our world from destruction?
It's been widely noted that the U.S. film industry ably functions as a pro-global hegemony propaganda machine: even when the plot features evil rogue elements at work in a global-hegemony agency (Pentagon, CIA, NSA, etc.), the competence of the agency is never in doubt, nor is the agency's ability to rid itself of the evil rogue element.
Evil conspiracies are revealed and the Good Guys/Gals win.
This depiction of official competence and the moral righteousness of patriotic employees is not surprising; these agencies have long "cooperated" with Hollywood on many levels.
More troubling is the recent film-industry depiction of our dependence o...

02:36

UN talks plant seed for greener, more climate-savvy agriculture "IndyWatch Feed Economics"

Agriculture, forestry and changes in land use together produce 21 per cent of global greenhouse gas emissions.

02:31

Top 11 Countries In Which Bitcoin is Banned "IndyWatch Feed Economics"

Countries around the world have a wide ranging view of the digital currency bitcoin or a virtual currency. Western superpowers like the United States and United Kingdom have shown a positive attitude towards the new technology. Some countries like Canada and Australia are still deliberating on what to do about Bitcoin, legally. Bitcoin Digits Coming []

02:30

Day 26 Warmup Just Pasting Wikipedia Paragraphs in YT Comments Are Helpful (Videos) "IndyWatch Feed Economics"

Day 26 Warmup Just Pasting Wikipedia Paragraphs in YT Comments Are Helpful Videos George Webb Day 26 Warmup 2. We Come On To Chalk JB, My Grandfather and Me Day 26 Warmup. 3 Crossing the Chashma in Pakistan

The post Day 26 Warmup Just Pasting Wikipedia Paragraphs in YT Comments Are Helpful (Videos) appeared first on The Daily Coin.

02:10

Meet the Republic Of Georgia The worlds easiest country to open an (offshore) bank account "IndyWatch Feed Economics"

Meet the Republic Of Georgia The worlds easiest country to open an (offshore) bank account by Simon Black Sovereign Man This was the one of the easiest offshore bank account experiences Ive ever had. It only took me...

The post Meet the Republic Of Georgia The worlds easiest country to open an (offshore) bank account appeared first on The Daily Coin.

02:00

John Oliver on The Trump Presidency "IndyWatch Feed Economics"

One year after the presidential election, John Oliver discusses what weve learned so far and enlists our catheter cowboy to teach Donald Trump what he hasnt.   The Trump Presidency: Last Week Tonight with John Oliver  

The post John Oliver on The Trump Presidency appeared first on The Big Picture.

02:00

Post Market Wrap Up PLUS: Is A Debt Market Supernova About To Occur? (Video) "IndyWatch Feed Economics"

Post Market Wrap Up PLUS: Is A Debt Market Supernova About To Occur? Video Gregory Mannarino Video Source

The post Post Market Wrap Up PLUS: Is A Debt Market Supernova About To Occur? (Video) appeared first on The Daily Coin.

01:50

Financial crisis dynamics, the shadow gold demand, and Men "IndyWatch Feed Economics"

Financial crisis dynamics, the shadow gold demand, and Men by John Butler Gold Money The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold...

The post Financial crisis dynamics, the shadow gold demand, and Men appeared first on The Daily Coin.

01:43

Democrats Have Filed Articles Of Impeachment, But We Arent Going To Allow Them To Impeach Trump "IndyWatch Feed Economics"

On Wednesday, a group of congressional Democrats filed five articles of impeachment against President Trump, and they say that they are doing this because of great concerns for the country and our Constitution and our national security and our democracy.  Of course this effort is probably not going anywhere because Republicans control both the Senate and the House, but it shows what could happen if the 2018 mid-term elections go badly.  If the Democrats are able to take back control of both the Senate and the House in 2018, they will attempt to impeach Trump.  And even if they get close to taking back control, they could potentially convince some establishment Republicans to join them in getting rid of the president.

Elections really matter, and just because someone uses the Republican label does not mean that they will stand up for Trump when push comes to shove.  For example, state representative Christy Perry just entered the race for the open seat in Idahos first congressional district, and she could end up being my most formidable opponent.  Unfortunately, her voting record is very liberal and she would not be someone that Trump could count on at all.  It is absolutely imperative that we fill this seat with someone that will be an ally of the president, and that is why Trump supporters all over the district are getting involved in my campaign.

The future of the Trump presidency hinges on what happens in 2018, because the Democrats have already shown us what they intend to do once they are back in charge.  The following comes from NBC News

The five articles accused the...

01:30

Sean Hannity Slams Roy Moore, Wikileaks Espionage In The DMs? (Video) "IndyWatch Feed Economics"

Sean Hannity Slams Roy Moore, Wikileaks Espionage In The DMs? Video We Are Change In this video, Luke Rudkowski of WeAreChange gives you the latest breaking news on Sean Hannity slamming Roy Moore, wikileaks personal dms being released with...

The post Sean Hannity Slams Roy Moore, Wikileaks Espionage In The DMs? (Video) appeared first on The Daily Coin.

01:10

Bank Admits Fiat Currencies Are Failing and Cryptocurrencies May Replace Them "IndyWatch Feed Economics"

Bank Admits Fiat Currencies Are Failing and Cryptocurrencies May Replace Them by Shaun Bradley  The Anti-Media As the transition towards a blockchain based economy continues, the established financial powers are desperately trying to stay relevant. In an attempt to boost their credibility, analysts...

The post Bank Admits Fiat Currencies Are Failing and Cryptocurrencies May Replace Them appeared first on The Daily Coin.

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Wednesday, 15 November

23:38

Raqqas dirty secret..how US/UK forces let ISIS escape "IndyWatch Feed Economics"

http://www.bbc.co.uk/news/resources/idt-sh/raqqas_dirty_secret

Lorry driver Abu Fawzi thought it was going to be just another job.

He drives an 18-wheeler across some of the most dangerous territory in northern Syria. Bombed-out bridges, deep desert sand, even government forces and so-called Islamic State fighters dont stand in the way of a delivery.

But this time, his load was to be human cargo. The Syrian Democratic Forces (SDF), an alliance of Kurdish and Arab fighters opposed to IS, wanted him to lead a convoy that would take hundreds of families displaced by fighting from the town of Tabqa on the Euphrates river to a camp further north.

The job would take six hours, maximum or at least thats what he was told.

But when he and his fellow drivers assembled their convoy early on 12 October, they realised they had been lied to.

Instead, it would take three days of hard driving, carrying a deadly cargo hundreds of IS fighters, their families and tonnes of weapons and ammunition.

Abu Fawzi and dozens of other d...

23:36

Worlds richest 1% control more than half of all wealth "IndyWatch Feed Economics"

https://www.cbsnews.com/news/richest-1-percent-control-more-than-half-of-all-wealth/

Wealth creation is on the rise around the world, but not everyone is sharing equally in the newfound riches.

Since the Great Recession, the richest global citizens have benefited far more from the worldwide increase in wealth than their poorer countrymen, according to a new report from investment bank Credit Suisse. The result? The top 1 percent of global citizens own 50.1 percent of all household wealth, up from 45.5 percent in 2000, the study found.

Widening wealth inequality has been a hallmark of the post-recession economy, causing policy experts and lawmakers to question whether the impact could do everything from stunt the U.S. economy to shorten peoples lives. The wealth gap recently spurred credit rating agency Standard & Poors ...

23:33

Parliament to get binding vote on final Brexit deal "IndyWatch Feed Economics"

http://www.bbc.com/news/uk-politics-41975277

Parliament is to be given a take-it-or leave-it vote on the final Brexit deal before the UK leaves the EU.

Brexit Secretary David Davis said the terms of the UKs exit, such as money, citizen rights and any transition must become law via a new Act of Parliament.

Labour welcomed a climbdown but some MPs warned of a sham if ministers could not be asked to renegotiate.

Sources have told the BBC some Tory rebels were unimpressed, with one saying the promise was meaningless.

BBC political editor Laura Kuenssberg said the announcement was significant because it represented a big concession to potential Tory rebels and Labour MPs at a highly important moment in the Brexit process.

It comes as MPs prepare to debate key Brexit legislation later this week with the government facing possible defeat on aspects of the EU Withdrawal Bill, which will convert EU law into UK law.

The UK is due to leave the EU in March 2019, irrespective of whether MPs back or reject the...

23:30

The FBI blindly hacked computers in Russia, China, and Iran "IndyWatch Feed Economics"

https://www.thedailybeast.com/the-fbi-blindly-hacked-computers-in-russia-china-and-iran

During a hacking operation in which U.S. authorities broke into thousands of computers around the world to investigate child pornography, the FBI hacked a number of targets in Russia, China, and Iran, The Daily Beast has learned.

The news signals the bold future of policing on the so-called dark web, where investigators are increasingly deploying malware without first knowing which country their suspect is located in. Legal experts and commentators say the approach of blindly kicking down digital doors in countries not allied with the U.S. could lead to geopolitical fallout.

The FBIs actions are essentially opening the door for other countries to unilaterally hack devices located in the U.S. in the law-enforcement context, Scarlet Kim, legal officer at U.K.-based activist group Privacy International, which has closely followed the FBIs global hacking operation, told The Daily Beast.

...

23:30

23:10

The Situation in North Korea is Terrifying: US-ROK Military Threats Are Provocations for Nuclear War "IndyWatch Feed Economics"

The Situation in North Korea is Terrifying: US-ROK Military Threats Are Provocations for Nuclear War By Carla Stea  Global Research The situation with North Korea is terrifying I see the stealthy build-up of pressure on the Security Council, similar to...

The post The Situation in North Korea is Terrifying: US-ROK Military Threats Are Provocations for Nuclear War appeared first on The Daily Coin.

23:00

The Fed's Bubblenomics "IndyWatch Feed Economics"

By: Murray Sabrin
26114196145_011526f6a6_z_0.jpg

[The Following is adapted from a preface to a new report by Murray Sabrin, featured in his November 15 presentation, "Bubblenomics" at Ramapo College.] 

If you Google dot com bubble, you will get nearly 1.2 million hits, and 3.3 million hits if you Google tech bubble. A Google search of housing bubble will return nearly 11 million hits. (The searches were conducted on March 29, 2017). And if you search Amazon books for financial crisis 2008 you will get more than 1200 hits.

Given all the books, monographs, essays, articles, and editorials that have been written about back-to-back bubbles that occurred within two decades, one would think there would be nothing else to write about. 

The purpose of this book is to present to the general public, my fellow academicians and policymakers with an brief account and review of one of the most turbulent periods in United States history without the usual jargon academics are noted for. 

As the two quotes from the Federal Reserves website above reveal, the Fed has been given the responsibility by the Congress of the United States to essentially promote sustainable prosperity, stabilize prices and maximize employment. During the past 100 years of the Federal Reserves operations, the economy has grown substantially (see Figure 1 for data since 1929), but the path to higher living standards have been interrupted by depressions/ recessions, a few bouts with double-digit price inflation and occasionally widespread unemployment. Although the Congress has expected the Federal Reserve to be a wise and prescient helmsman, navigating the economy from becoming overheated or plunging into a recession or worse, the Feds track record belies its mandates.

Figure 1

The Federal Reserve's primary tool, open market operations, the buying and selling of US government securities with money created out of thin air, is supposed to provide sufficient "liquidity" to grease the wheels of commerce so the US economy reaches its optimal output of goods and services and maximizes employment. Thus, the Federal Reserve has what every American wishes it had, an unlimited checking account. 

The US Congress created the Federal Reserve in 1913 to stabilize the economy after the Panic of 1907, and was sold to the American people as a measure to rein in the banks for their reckless behavior and enormous power over the economy. The fact that bankers and their allies helped draft the Federal Reserve Act seems to......

22:50

Trumps Health Secretary Nominee is an Establishment Big Pharma Exec "IndyWatch Feed Economics"

Trumps Health Secretary Nominee is an Establishment Big Pharma Exec by Derrick Broze  Activist Post President Trump has nominated a former lobbyist and executive of a major pharmaceutical company to be U.S. Health Secretary.  On Monday, Trump announced his pick for...

The post Trumps Health Secretary Nominee is an Establishment Big Pharma Exec appeared first on The Daily Coin.

22:49

No. 920: October 2017 Retail Sales, Consumer and Produce Price Indices "IndyWatch Feed Economics"

(SGS Subscription required) Outlook for U.S. Economic and Financial-Market Activity Continues to Darken That Former Malarial Swamp on the Potomac Offers a Tax Bill Penalizing U.S. Tax Payers with the First Formal Use of the Chained-CPI-U Unwinding Hurricane Impact Softened October CPI Inflation October CPI-U Monthly Inflation Slowed to 0.11% (Was 0.55%) Pulling Annual CPI-U Inflation Lower to 2.04% (Was 2.23%), with CPI-W at 2.05% (Was 2.31%) and ShadowStats at 9.8% (Was 10.0%) A Nonsense October PPI Surge Was Due to Collapsing Gasoline Prices October 2017 Final-Demand PPI Inflation Monthly Gain of 0.44% Pulled Annual Gain to a 69-Month High of 2.79%, from 2.62% in September 2017 Unrevised Real Average Weekly Earnings Declined Minimally in Third-Quarter, on Early Track for a Meaningful Fourth-Quarter 2017 Contraction Storm Impact Still Boosted October Retail Sales, While Long-Range, Non-Recovering and Downtrending Economic Trends Remained in Play

22:30

Sorting Through the JFK File Dump Chuck Ochelli on The Corbett Report (Video) "IndyWatch Feed Economics"

Sorting Through the JFK File Dump Chuck Ochelli on The Corbett Report Video The squirt of JFK documents from the government archives that I reported on earlier became a veritable dump last week when 13,000 more documents were released....

The post Sorting Through the JFK File Dump Chuck Ochelli on The Corbett Report (Video) appeared first on The Daily Coin.

22:29

How Economics Became a Religion "IndyWatch Feed Economics"

The Pursuit of an Unattainable Ideal

Whenever I write an essay about the economy failing because of too much capitalism, the same hue and cry goes up, immediately: but America doesnt even have pure capitalism!

Ah, I see. Lets think about it for a moment. I can buy a machine gun, a machete, body armour, and go shoot up a school. I must buy healthcare, higher education, transport (if I really want to get anywhere), retirement, decent news and media, and so onall of which are simply provided to me elsewhere in every rich country in the world. Still, its true, we could make capitalism even purer. We could bring back debtors prisons. We could abolish child labour laws. We could reinstate workhouses. We could even let people own, buy, and sell people again. Perhaps, in the absurdity of those suggestions, you are beginning to see the point.

How pure is your drinking water? If you insist that it must be absolutely free of impurities, to be pure, then you will die of thirst. In just the same way, America capitalism will never be pure enough to reach an unattainable ideal, yet it is close as humanity is ever going to get. At least if we measure purity by how close a thing could ever come in the real world. And yet, somehow, it is never pure enoughwhich reveals that we are measuring purity, or truth, in a different way: how close a thing comes to an ideal. Now we have become perfectionists and ideologues, little absolutists, instead of pragmatists and reasonable people. Now we have created a religion, not a science, and soon enough, we will die of thirst for truth. We will come back to that.

What happens when we define truth this way? This pursuit of ideological purity is a strikingly precise reflection of Soviet thinking. Just as the Soviet Union always sought to place blame for its problems in never coming close enough to a pure ideal, so too does America today. One was communist, the other capitalist, but the logic is exactly the same. Let us go a little further, and distinguish between what my commenters mean, and what they have been indoctrinated by economics to say.

When people say, but American capitalism isnt pure!, what they are really envisioning in their heads is a thriving economy of mom and pop shops, which is a laudable ideal. Do you know who has such an economy? Germany. I love Germany. Its a beautiful and civilized place, for exactly that reason. How did it build such an economy? Not because it chased the mirage of pure capitalism, but for precisely the opposite reason: because it carefully and delicately balanced its economy with a very different and very innovative set of rules than economics ever suggested, built for little guys to thrivefor example, union leaders si...

22:10

Safe Storage of Gas & Combustible Fuels "IndyWatch Feed Economics"

Safe Storage of Gas & Combustible Fuels by Ken Jorgustin Modern Survival Blog SAFE STORAGE OF FUEL Do you store Fuel? Gasoline, Diesel, Propane, Kerosene, Camp-Fuel, Alcohol, Fuel-Oils, Acetylene? Are you storing them Safely and Properly? Have a look...

The post Safe Storage of Gas & Combustible Fuels appeared first on The Daily Coin.

22:00

BBC: FDA approves trackable pill "IndyWatch Feed Economics"

BBC: FDA approves trackable pill by Erin Elizabeth Health Nut News Regulators in the U.S. have approved the first pill that can be digitally tracked through the body. The pill, about the size of a grain of sand, takes...

The post BBC: FDA approves trackable pill appeared first on The Daily Coin.

21:50

Louis Navellier & Chris Waltzek Ph.D. (Podcast) "IndyWatch Feed Economics"

Louis Navellier & Chris Waltzek Ph.D. Podcast Radio GoldSeek Highlights Louis Navellier of Navellier & Associates says investors should ignore the naysayers, US equities will continue to rally into Thanksgiving and the Holidays on typically positive seasonal-factors. With the...

The post Louis Navellier & Chris Waltzek Ph.D. (Podcast) appeared first on The Daily Coin.

21:30

Peak Silver Supply Squeeze! World Without Silver (Video) "IndyWatch Feed Economics"

Peak Silver Supply Squeeze! World Without Silver Video Silver Report Peak silver supply squeeze world without silver. The dwindling supply of physical silver. Available silver supply is unable to meet growing demand. Also covering the effects of peak gold...

The post Peak Silver Supply Squeeze! World Without Silver (Video) appeared first on The Daily Coin.

21:23

William Rees: What's Driving The Planet's Accelerating Species Collapse? "IndyWatch Feed Economics"

William Rees: What's Driving The Planet's Accelerating Species Collapse?

Today's podcast guest is bioecologist and ecological economist Dr. William Rees, professor emeritus of the University of British Columbias School of Community and Regional Planning. Rees is best known for his development of the "ecological footprint" concept as a way to measure the demand a particular population places on the environmental resources it needs to survive.

Since the beginning of modern agriculture (around 1800), human activity has increased demand on planetary resources at an exponential rate. More energy has been expended -- and more resources consumed -- in the past 40 years than in all of human existence beforehand. That is placing a greater and greater strain on ecosystems that are now dangerously depleted.

Click the play button below to listen to Chris' interview with Dr. William Rees (67m:45s).

Join the conversation

21:10

RECORDS BEING BROKEN: This Is Exactly The Kind Of Thing The Late, Great Richard Russell Used To Warn His Readers About "IndyWatch Feed Economics"

RECORDS BEING BROKEN: This Is Exactly The Kind Of Thing The Late, Great Richard Russell Used To Warn His Readers About from King World News This is exactly the kind of thing the late, great Richard Russell, the Godfather of...

The post RECORDS BEING BROKEN: This Is Exactly The Kind Of Thing The Late, Great Richard Russell Used To Warn His Readers About appeared first on The Daily Coin.

20:50

Israel Lobby is Slowly Being Dragged Into the Light "IndyWatch Feed Economics"

Israel Lobby is Slowly Being Dragged Into the Light by Jonathan Cook CounterPunch The scandal surrounding Priti Patel, who was forced to resign as Britains international aid minister last week after secret meetings with Israeli officials during a family...

The post Israel Lobby is Slowly Being Dragged Into the Light appeared first on The Daily Coin.

20:30

FSS Update: Earthquake Recovery Hypothermia Syrian Intervention IDF Readiness Bacteria (Video) "IndyWatch Feed Economics"

FSS Update: Earthquake Recovery Hypothermia Syrian Intervention IDF Readiness Bacteria Video Full Spectrum Survival Video Source

The post FSS Update: Earthquake Recovery Hypothermia Syrian Intervention IDF Readiness Bacteria (Video) appeared first on The Daily Coin.

20:15

Nationalized Slavery: The Fugitive Slave Law "IndyWatch Feed Economics"

By: Chris Calton
Historical Controversies Podcast: Season 2

In this episode, Chris Calton looks at the horrors of fugitive slave laws, the ways government incentivized the kidnapping of free blacks, and the rise of private defense groups to fight off slavers.



20:13

*Can It Happen Here?: Authoritarianism in America* "IndyWatch Feed Economics"

Acclaimed legal scholar, Harvard Professor, and New York Times bestselling author Cass R. Sunstein brings together a compelling collection of essays by our nations brightest minds across the political spectrumincluding Eric Posner, Tyler Cowen, Noah Feldman, Jack Goldsmith, and Martha Minowwho ponder the question: Can authoritarianism take hold here?

With the election of Donald J. Trump, many people on both the left and right feared that Americas 240-year-old grand experiment in democracy was coming to an end, and that Sinclair Lewis satirical novel, It Cant Happen Here, written during the dark days of the 1930s, could finally be coming true.

Is the democratic freedom that the United States symbolizes really secure? Can authoritarianism happen in America? Sunstein queried a number of the nations leading thinkers. In Can It Happen Here? he gathers together their diverse perspectives on these timely questions and more.

In this thought-provoking collection of essays, these distinguished thinkers and theorists explore the lessons of history, how democracies crumble, how propaganda works, and the role of the media, courts, elections, and fake news in the modern political landscapeand what the future of the United States may hold.

Due out in March, pre-order here.  The book also has Jon Elster, Timur Kuran, and Jonathan Haidt, dare I call it self-recommending?

The post *Can It Happen Here?: Authoritarianism in America* appeared first on Marginal REVOLUTION.

20:10

Mainstream Media Now Advancing Gun Confiscation Agenda To Stop Mass Shootings "IndyWatch Feed Economics"

Mainstream Media Now Advancing Gun Confiscation Agenda To Stop Mass Shootings by Tim Brown Freedom Outpost It was several years ago, during the usurpers time in the White House, that I reported on where the abundance of gun violence...

The post Mainstream Media Now Advancing Gun Confiscation Agenda To Stop Mass Shootings appeared first on The Daily Coin.

20:00

Coals Last Stand "IndyWatch Feed Economics"

Nothing Trump Does Can Save Coal Dont blame liberals and regulations; blame capitalism and technology. Bloomberg, November 15, 2017     On the campaign trail and in the White House, Donald Trump has warmly embraced coal. He has rolled back regulations on its use and eliminated some federal subsidies for alternative energies like solar and

Read More

The post Coals Last Stand appeared first on The Big Picture.

...

20:00

November 15: Daily Contrarian Reads "IndyWatch Feed Economics"

It May Look Like 1995, But Its Far More Like 1999 The market is not the economy, and the economy is not the market (whenever I type that phrase out it comes into my head in Joe Calhouns voice), but fundamental analysis does matter for each of these markets. The probability that things work out like 1994/95 are slim given []

19:50

The US Wants Peace, but Opposes Dialogue in Syria "IndyWatch Feed Economics"

The US Wants Peace, but Opposes Dialogue in Syria Author: Salman Rafi Sheikh  Journal-NEO While we often hear rhetorics about no military solution to the Syrian conflict, and despite the fact that ISIS has been almost completely routed from the country,...

The post The US Wants Peace, but Opposes Dialogue in Syria appeared first on The Daily Coin.

19:42

Three Strikes And Youre Out! "IndyWatch Feed Economics"

As we keep insisting, monetary central planning systematically falsifies asset prices and corrupts the flow of financial information. Thats why bubbles seemingly inflate endlessly and egregiously, and also why financial crashes and economic corrections appear to come out of the blue without warning. Back in the winter of 1999-2000, for example, we were allegedly in the midst []

19:30

Dollar Looks Set to Resume Its Long Term Bear Market (Video) "IndyWatch Feed Economics"

Dollar Looks Set to Resume Its Long Term Bear Market Video maneco64 In this report I cover the early market action from London on Wednesday, November 15th, 2017 and I also look closely at the technical picture for the...

The post Dollar Looks Set to Resume Its Long Term Bear Market (Video) appeared first on The Daily Coin.

19:10

New Revelations Threaten Muellers Russiagate Case "IndyWatch Feed Economics"

New Revelations Threaten Muellers Russiagate Case by Harley Schlanger LaRouche PAC On October 24, CIA Director Mike Pompeo met for one hour with Bill Binney, to hear the evidence that the whole story of Russian hacking of the emails...

The post New Revelations Threaten Muellers Russiagate Case appeared first on The Daily Coin.

19:00

Is This Why Productivity Has Tanked and Wealth Inequality Has Soared? "IndyWatch Feed Economics"

One of the enduring mysteries in conventional economics (along with why wages for the bottom 95% have stagnated) is the recent decline in productivity gains (see chart). Since gains in productivity are the ultimate source of higher wages, these issues are related. Simply put, advances in productivity are core to widespread prosperity.

But thats only half the problemproductivity gains have flowed to the top of the income-wealth pyramid as financialization and cartels have replaced real-world wealth creation as the source of wealth-income.

Longtime correspondent Zeus Y. recently identified one cause of declining productivity and the narrowing of financial gains in the top: the quasi-cartels that dominate our economy profit by introducing and maintaining inefficiencies, not eliminating them. This runs counter to the accepted wisdom in classical free-market capitalism that generating efficiencies increases profits.

Here is Zeuss explanation of this perverse dynamic:

With Big Data and Big Profit dominating the products, services, and platforms of everything from iOS operating updates to delivery of healthcare, lets make the plain-as-day argument: PROFIT and EXTRACTION MEANS PRODUCING INEFFICIENCIES, NOT ELIMINATING THEM.

They make their money by creating inefficiencies, bottlenecks, and gatekeepings that they can profit from. Every middleman function they can stick in their system is a potential profit source for them.

This was especially apparent to me in all the bugs I have experienced with Apple upgrades on my phone. I have to take the time to fix their screw-ups, which are designed to aggregate my data and usage to profit them. You see this with the manipulation of Facebook, creating a very black and white world that motivates and manipulates people to a froth with filters and algorithms that reinforce their biases.

This is not free and democratic access, but inefficient and narrow manipulation, cutting down on alternatives, possibilities, and better ways to think and do. What would a more efficient and democratic system look li...

19:00

Tax Reform Shaping Up to Be Bad for Individuals, High-Tax States "IndyWatch Feed Economics"

By FS Staff Were finally hearing about the details of the GOP tax reform bill, and what were finding is that it has the potential to impact taxpayers in several ways, especially depending on where they live.

18:50

Europe Is The Prime Example Of What Is Coming To The United States: This Modern Invasion Makes Saladins Armies Pale In Comparison "IndyWatch Feed Economics"

Europe Is The Prime Example Of What Is Coming To The United States: This Modern Invasion Makes Saladins Armies Pale In Comparison by Jeremiah Johnson SHTFPlan Normally this topic is covered gingerly, and with the 1st Amendment of the...

The post Europe Is The Prime Example Of What Is Coming To The United States: This Modern Invasion Makes Saladins Armies Pale In Comparison appeared first on The Daily Coin.

18:44

Can Cities Use Crowdfunding to Raise Awareness About Climate Change? "IndyWatch Feed Economics"

Earlier this year, the Institute for Sustainable Development and International Relations, a research group based in Paris, France, published a brief report on how local cities were using crowdfunding to pay for development projects. Laura Brimont conducted the research.

18:30

What Pisses Me Off About Roy Moore and Stupid F&%king Republicans (Video) "IndyWatch Feed Economics"

What Pisses Me Off About Roy Moore and Stupid F&%king Republicans Video Stefan Molynuex As the future of the United States of America hangs in the balance, the Republicans are predictably cowering to the latest Democrat smear attempts aimed...

The post What Pisses Me Off About Roy Moore and Stupid F&%king Republicans (Video) appeared first on The Daily Coin.

18:21

Webinar: Worker Co-ops A solution for an economy in crisis "IndyWatch Feed Economics"

We are standing at a pivotal time for the political and economic future of the country, and worker cooperatives are a solution to many of country's issues. These businesses that are owned and governed by their employees represent an opportunity to build good jobs, strengthen the community, and empower workers.

In a webinar event cohosted by the U.S. Federation of Worker Cooperatives, the Democracy at Work Institute, the New Economy Coalition, and the Democracy Collaborative, you'll hear about:
* the worker co-op movement's development over the last few years,
* newly-released data on successes and growth in employee ownership
* how the worker cooperative movement is raising money for the people and by the people, and
* exciting policy developments in the last year.

Moderated by John Duda, Director of Communications for the Democracy Collaborative, this interview-style event will go beyond the basics into the tangible, rapidly growing efforts to grow worker cooperatives across the United States.

Speakers:

Esteban Kelly, US Federation of Worker Cooperatives

Kate Khatib, The Working World National Peer Network

John O'Neill, American Sustainable Business Council

Molly Hemstreet, Opportunity Threads

 

Nov 20, 2017 2:00 PM in Eastern Time (US and Canada)

 

...

18:10

MULTIPLE SHOOTERS: ROUTE 91 MASSACRE SURVIVOR SAW BRASS SHELL CASINGS STREWN ACROSS TROPICANA PARKING LOT UPON HIS RETREAT "IndyWatch Feed Economics"

MULTIPLE SHOOTERS: ROUTE 91 MASSACRE SURVIVOR SAW BRASS SHELL CASINGS STREWN ACROSS TROPICANA PARKING LOT UPON HIS RETREAT by Shepard Ambellas Intellihub Survivor claims to have seen about a dozen brass shell casings in the Tropicana parking lot  after...

The post MULTIPLE SHOOTERS: ROUTE 91 MASSACRE SURVIVOR SAW BRASS SHELL CASINGS STREWN ACROSS TROPICANA PARKING LOT UPON HIS RETREAT appeared first on The Daily Coin.

18:07

Solar Power Co-Ops Booming In Florida "IndyWatch Feed Economics"

Co-ops are being formed in Hillsborough County and northern Pinellas County by the League of Women Voters and Solar United Neighbors. The co-ops lower prices by using competitive bidding to attract solar power installers.

Rick Garrity used to head Hillsborough's Environmental Protection Commission. He now volunteers with the League, which has been planning for a year to start a solar co-op in Hillsborough.

"The price of solar panels have come down 65 percent over the past five years. You can get a 30 percent tax credit on it, and another 20 percent savings through the co-op," Garrity said. "It doesn't make sense not to think about going solar. This is the time to do it."

 

Read the rest at WUSF News

 

Go to the GEO front page

18:00

"The People vs..." Why the State Claims To Be a Victim of Crime "IndyWatch Feed Economics"

By: Chris Calton
justice_0.PNG

Our criminal justice system offers an interesting paradox. If a criminal commits a violent action against a peaceful person  say, a mugging or a murder  then for justice to be done, the police have to arrest the criminal and try him in a court of law. If convicted, the criminal will be imprisoned where his livelihood is provided by tax dollars, and those taxes will be paid, in part, by the very person he committed the crime against in the first place.

In short, victims of crime  on the rare occasion that state justice is carried out  are victimized twice: once by the private criminal, and a second time by the tax-extracting government.

Most people never question this system. Its just the way it is and has always been. But once this paradox is recognized, it is easy to see that the root of the problem rests in the fact that in our modern court system, the State itself plays the role of the victim. The criminal owes a debt to society and society, of course, is always represented by societys government. The State is the universal victim of all crime.

This was not always the case. In Anglo-Saxon law, prior to the Crowns encroachment into the legal system  which was a gradual, centuries-long process  the private victims of crimes were the ones responsible for bringing suit, and any debt owed by a criminal was to be paid to the person whose rights were actually violated. In any system of customary or spontaneous law, this appears to be the model that develops.

In English law, there were various courts that served each of the several respective needs of a legal system. After the Norman Conquest, the English monarch began to insert itself into the legal system as a means of raising revenue. Bruce Benson traces this history. Beginning with Henry I, authoritarian legislation became increasingly important.1 Traditional common laws were codified, and the fines for statute offenses were formally stipulated with designation as to who gets paid what amount for any given offense.

Customary law was still maintained in the legal system, and the royal courts only applied where the Crown claimed jurisdiction. These were offenses that violated the Kings Peace. The problem was, with a monetary incentive for the Crown, what constituted the Kings Peace was open to interpret...

17:50

Essential Skills, Tasks, and Training for Preppers and Survivalists: Part 1 "IndyWatch Feed Economics"

Ebola Exposure - Mob Mentality - Survival - The Struggle For Life

Essential Skills, Tasks, and Training for Preppers and Survivalists: Part 1 by Jeremiah Johnson Ready Nutrition For this article, were going to go into basic focus mode: you start out with the basics and build upon them.  This is...

The post Essential Skills, Tasks, and Training for Preppers and Survivalists: Part 1 appeared first on The Daily Coin.

17:37

In The News Today "IndyWatch Feed Economics"

Bill Holters Commenatry The 2nd Amendment is there to thwart overzealous jerks like Joe Biden.  Can you imagine the oppression if we the people were not armed? Joe Biden: Stephen Willeford Shouldnt Have Had The Gun He Used To Stop Church Shooter November 14, 2017 Former Vice President Joe Biden is a walking gaffe. When... Read more

The post In The News Today appeared first on Jim Sinclair's Mineset.

17:30

Was Judge Moores Accusers Yearbook Autograph Forged? (Video) "IndyWatch Feed Economics"

Was Judge Moores Accusers Yearbook Autograph Forged? Video Bill Still Well, the coupsters are still busying themselves at the direction of the ministry of propaganda with continuing to undermine any effort to sway the Republican majority in the United...

The post Was Judge Moores Accusers Yearbook Autograph Forged? (Video) appeared first on The Daily Coin.

17:29

The One Chart All Investors Should See Before 2018 "IndyWatch Feed Economics"

The One Chart All Investors Should See Before 2018 by Ian Jenkins OilPrice Pay close attention to this cobalt chart. Demand could be about to surge from 2k tonnes today to over 300k tonnes in 2030.  Thats a 14,900%...

The post The One Chart All Investors Should See Before 2018 appeared first on The Daily Coin.

17:14

El-Erian at the Fed? "IndyWatch Feed Economics"

The Wall Street Journal has a new piece discussing rumors that Mohamed El-Erian might be chosen for the position of vice chair of the Board of Governors:

In recent years, Mr. El-Erian has voiced somewhat hawkish critiques of the Feds policy stance, including decisions to hold interest rates at ultralow levels despite signaling plans to raise them. In recent months, he has suggested that the Feds inflation target of 2% might be too high given structural forces holding down consumer prices.

A few comments:

1.  We now know that those who offered hawkish critiques of Fed policy a few years ago were wrong.  Inflation has continued to undershoot the Feds target.

2.  When structural forces hold down inflation, they do so by boosting RGDP growth.  There is no other way by which structural forces can hold down (GDP deflator) inflation.  None.  RGDP growth has actually been at unusually low levels over the past decade.  Thus we now know that structural forces are not holding down inflation.  It was slow NGDP growth.  Those who think otherwise are confusing microeconomic factors (Amazon, China, etc.) with macroeconomic factors.  Yes, Amazon and China hold down specific prices, but only by boosting GDP growth.  And this mistake cannot be excused by pointing to mismeasurement of inflation.  Maybe tech is causing actual inflation to be lower than measured inflation, but the puzzle being discussed is why measured inflation is so low.

Confusion over these sorts of basic macro issues is exactly why we need to appoint world class experts on monetary economics to the Fed.  People like El-Erian tend to assume that a tighter monetary policy would allow the Fed to have a higher path of interest rates going forward.  In truth a tighter monetary policy would result in slower growth and a lower path of the natural rate of interest over time.  (See Trichet, ECB.)  If the Fed didnt realize this and persevered with their plan to raise rates, they would create a depression.  Im not predicting a depression because I dont expect the Fed to do this, just pointing to the logical consequence of this sort of mistaken reasoning.

Higher interest rates should not be a goal of monetary policy, but if it is a goal then you get there by making monetary policy more expansionary, and boosting the trend rate of NGDP growth.

PS.  I have a cameo role in a new MRU video.

PPS.  I was interviewed for...

17:10

Is GE A Black Swan In Plain Sight? "IndyWatch Feed Economics"

Is GE A Black Swan In Plain Sight? by Dave Kranzler Investment Research Dynamics GE hit $8 in 2008. If you short the stock with some patience, in my opinion its a low-risk bet that it will drop at...

The post Is GE A Black Swan In Plain Sight? appeared first on The Daily Coin.

17:10

Ideologies follow the tribe "IndyWatch Feed Economics"

Here we have conservatives defending a guy who molests teens:

A group of 53 Alabama pastors signed onto a letter pledging their support for alleged child molester and Senate candidate Roy Moore.

Update:  The Newsweek story may be fake news, as elsewhere its reported the letter was from months ago.

And here we have a conservative at the National Review who is uneasy with left wing attempts to censor art:

HBO is at this moment streaming Hacksaw Ridge, a film by Mel Gibson, who in 2011 pleaded no contest to a charge of battery against an ex-girlfriend who had alleged that he had assaulted her so viciously that she was left with a black eye and two broken teeth. HBO has no policy, as far as I know, against distributing movies starring Christian Slater, who once served 59 days in jail after pleading no contest to assaulting a girlfriend. The films of Harvey Weinstein, Kevin Spacey, and Roman Polanski remain ubiquitous. Hollywood history is rife with personalities who have done much worse things than C.K. and whose films have not been subsequently suppressed.

So whats going on?  Werent conservative pastors supposed to be the sort of people who condemn this type of behavior?  And isnt it people on the left who used to strongly defend artists from censorship?  (Corporate or government)

Heres one possibility.  Conservatism is moving away from religion and toward the cult of the strong.  Conservatives take increasingly pleasure in mocking the left as a bunch of sensitive snowflakes.  Sexual harassment is seen as a feminist issue.  Conservatives are increasing drawn to alpha male leaders, even if they have a history of abusing women.  When I was younger, that sort of man (Kennedy, Clinton, etc.) was usually thought more likely to be a Democrat.  Republicans were seen as nerdy types.  Now a major GOP presidential candidate brags about the size of his . . . er . . .  hands during a debate, and a Senate GOP candidate brandishes guns at campaign rallies.  A House candidates assaults a reporter, and is still elected.

On the left its a different set of issues.  The left once liked intellectual types who were unconventional, and didnt want to live according to boring suburban moralit...

17:08

The Upgrade Myth "IndyWatch Feed Economics"

We are encouraged to believe that the newest technology is also the best. But, at a time when functionality and marketability are valued more highly than simplicity and durability, adopting the newest technology can be a recipe for frustration and misery.

17:00

Nobody Is Going to Bail Out Venezuela "IndyWatch Feed Economics"

By The Conversation Venezuela, the South American country convulsed by economic and humanitarian catastrophe, has defaulted on some of its debt after missing an interest payment due in October. Even as investors...

Moodys: Negative Outlook for Largest Ever $1.1 Trillion Auto Loan Market "IndyWatch Feed Economics"

By Danielle Park Signs are there that we might be approaching an inflection point in the marketplace for autos, William Black, managing director at Moodys, said on Tuesday. No credit expansion lasts forever.

16:50

U.S. SHALE OIL PRODUCTION UPDATE: Financial Carnage Continues To Gut Industry "IndyWatch Feed Economics"

U.S. SHALE OIL PRODUCTION UPDATE: Financial Carnage Continues To Gut Industry by Steve St. Angelo SRSrocco Report As the Mainstream media reports about the next phase of the glorious U.S. Shale Oil Revolution, the financial carnage continues to gut...

The post U.S. SHALE OIL PRODUCTION UPDATE: Financial Carnage Continues To Gut Industry appeared first on The Daily Coin.

16:30

A Dethroned Petro Dollar: Could Even The US Treasury Be Caught Off Guard? (Video) "IndyWatch Feed Economics"

A Dethroned Petro Dollar: Could Even The US Treasury Be Caught Off Guard? Video McAlvany Financials This week we discuss how Redirected Oil Flows & Capital Flows Could Lead To A New Reserve Currency. What Does The Price of...

The post A Dethroned Petro Dollar: Could Even The US Treasury Be Caught Off Guard? (Video) appeared first on The Daily Coin.

16:19

The University of Minnesota Duluth Sold Its Credibility to Enbridge. Can It Get It Back? "IndyWatch Feed Economics"

Our new report shows how the University of Minnesota Duluth produced a Line 3 pipeline study backed by the fossil fuel industry. But organizers have confronted similar studies before -- and found ways to challenge them. ...

Read More

16:10

Debt Deflation Setup: Credit Card Defaults and Subprime Auto Delinquencies Rise "IndyWatch Feed Economics"

Debt Deflation Setup: Credit Card Defaults and Subprime Auto Delinquencies Rise by Mike Mish Shedlock The Maven Serious mortgage delinquencies are leveling off and remain one recession away from a serious upswing. Credit card and auto loan delinquencies are...

The post Debt Deflation Setup: Credit Card Defaults and Subprime Auto Delinquencies Rise appeared first on The Daily Coin.

16:03

Daily Digest 11/15 - Venezuela Defaults On Debt, How Did CalPERS Dig $153B Pension Hole? "IndyWatch Feed Economics"

Daily Digest 11/15 - Venezuela Defaults On Debt, How Did CalPERS Dig $153B Pension Hole?
  • PERA looms large as Colorado lawmakers take first look at governors $28.7B budget
  • Opinion: How did CalPERS dig a $153 billion pension hole?
  • Venezuela crude output hits 28-year low: OPEC
  • Kentuckys public pension debt grew by more than $5 billion last year
  • South Africa's Debt Costs Leap on Record 3.3 Billion-Rand Sale
  • Pool of negative yielding debt swells to nearly $11tn
  • S&P says Venezuela has defaulted on its debt
  • Protect Your Savings With Gold: ECB Propose End To Deposit Protection
  • These Headlines Say Gold is Building a Base for Something Big

Join the conversation

16:00

Saudi Coup Signals War And The New World Order Reset "IndyWatch Feed Economics"

Saudi Coup Signals War And The New World Order Reset by Brandon Smith Alt-Market For years now, I have been warning about the relationship of interdependency between the U.S. and Saudi Arabia and how this relationship, if ended, would...

The post Saudi Coup Signals War And The New World Order Reset appeared first on The Daily Coin.

15:55

Alex Azar: Can There Be Uglier Scenarios than the Revolving Door? "IndyWatch Feed Economics"

Alex Azar isn't only corrupt; he could be the point man on the Administration effort to crapify the health care system via regulatory change

15:50

UK Debt Crisis Is Here Consumer Spending, Employment and Sterling Fall While Inflation Takes Off "IndyWatch Feed Economics"

UK Debt Crisis Is Here Consumer Spending, Employment and Sterling Fall While Inflation Takes Off by Jan Skoyles Gold Core UK debt crisis is here consumer spending, employment and sterling fall while inflation takes off  Personal...

The post UK Debt Crisis Is Here Consumer Spending, Employment and Sterling Fall While Inflation Takes Off appeared first on The Daily Coin.

15:36

My Conversation with Sujatha Gidla "IndyWatch Feed Economics"

Here is the transcript and podcast, I enjoyed this chat very much.  Here is part of the opening summary:

Sujatha Gidla was an untouchable in India, but moved to the United States at the age of 26 and is now the first Indian woman to be employed as a conductor on the New York City Subway. In her memoir Ants Among Elephants, she explores the antiquities of her mother, her uncles, and other members of her family against modern Indias landscape.

Our conversation considered the nature and persistence of caste, gender issues in India, her time as a revolutionary, New York City lifestyle and neighborhoods and dining, religion, living in America versus living in India, Bob Dylan and Dalit music, American identity politics, the nature of Marxism, Halldor Laxness, and why she left her job at the Bank of New York to become a New York City subway conductor, among other topics.

Here is one sequence:

GIDLA: Actually, the only relation I have with my family members is political views.

[laughter]

GIDLA: If we have to connect on familial links, we will always be fighting and killing each other. All that we talk about with my mother is politics and untouchability and caste and Modi and things like that.

Its the same thing with my sister also. This is where we connect. Otherwise, we are like enemies. My brother, were completely alienated from each other, firstly because he goes to church now. We never used to go to church before. Hes into this Iacocca. Is there a name . . . ?

COWEN: Iacocca?

GIDLA: Yeah.

COWEN:...

15:30

15:30

The Moral Urgency of Mental Health "IndyWatch Feed Economics"

If we can prevent great suffering at no cost to ourselves, we ought to do so. Yet Western governments are neglecting an opportunity to reduce the great misery caused by mental illness, even though the net cost would be nil.

15:10

Is America Becoming A Police State Where Churches Cant Feed The Homeless And Kids Cant Set Up Lemonade Stands? "IndyWatch Feed Economics"

Is America Becoming A Police State Where Churches Cant Feed The Homeless And Kids Cant Set Up Lemonade Stands? by Michael Snyder End of the American Dream TDC Note The short is yes, America has become a police...

The post Is America Becoming A Police State Where Churches Cant Feed The Homeless And Kids Cant Set Up Lemonade Stands? appeared first on The Daily Coin.

15:00

New Podcast: Animal Spirits "IndyWatch Feed Economics"

  Check it out: Two of the smartest guys in finance have launched a new podcast, called Animal Spirits. Forgive me if I am slightly biased: Michael Batnick (blog, Twitter) is RWMs Director of Research; Ben Carlson (blog, Twitter) is our Director of Institutional Asset Management. The first episode of Animal Spirits just dropped. It is

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The post New Podcast: Animal Spirits appeared first on The Big Picture.

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14:50

ROMAN COIN HOARD FOUND BY CHANCE UNDER TREE CONFIRMS EXISTENCE OF ROMAN TOWN IN BULGARIAS MEZDRA "IndyWatch Feed Economics"

ROMAN COIN HOARD FOUND BY CHANCE UNDER TREE CONFIRMS EXISTENCE OF ROMAN TOWN IN BULGARIAS MEZDRA by Ivan Dikov Archaeology in Bulgaria A coin hoard of Ancient Roman silver coins, which has been discovered by accident in the roots...

The post ROMAN COIN HOARD FOUND BY CHANCE UNDER TREE CONFIRMS EXISTENCE OF ROMAN TOWN IN BULGARIAS MEZDRA appeared first on The Daily Coin.

14:30

Peter Schiff: Mother of All Bubbles Too Big to Pop "IndyWatch Feed Economics"

Peter Schiff: Mother of All Bubbles Too Big to Pop by Greg Hunter USA Watchdog Money manager Peter Schiff correctly predicted the financial meltdown in 2008. Now, 10 years later, what does Schiff see today?  Schiff says, I predicted...

The post Peter Schiff: Mother of All Bubbles Too Big to Pop appeared first on The Daily Coin.

14:20

The Eternal Return of the Plague "IndyWatch Feed Economics"

The plague conjures up images of the medieval Black Death, and perhaps the vaguely reassuring sense that, in the developed world, such dangers are a scourge of the past. But, as the recent outbreak in Madagascar makes clear, the upper hand humans have over the plague today is tenuous and almost certainly transient.

14:10

10 Wednesday AM Reads "IndyWatch Feed Economics"

My midweek morning train reads:  Wall Streets Invasion of the Legal Weed Market (Institutional Investor) FAANG SCHMAANG: Dont Blame the Over-valuation of the S&P Solely on Information Technology (GMO)  No end in sight for passive boom, says investing pioneer (Financial Times)  Economics isnt a bogus science we just dont use it correctly (LA Times)

Read More

The post 10 Wednesday AM Reads appeared first on The Big Picture.

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14:10

Revealed Saudis Plan To Give Up Palestine For War On Iran "IndyWatch Feed Economics"

Revealed Saudis Plan To Give Up Palestine For War On Iran from Moon of Alabama The tyrants of Saudi Arabia developed a plan that sells away Palestine. They see this as necessary to get U.S. support for their...

The post Revealed Saudis Plan To Give Up Palestine For War On Iran appeared first on The Daily Coin.

14:00

Gerald Celente Discusses The Saudi Purge (Video) "IndyWatch Feed Economics"

Gerald Celente Discusses The Saudi Purge Video Boom Bust Celente begins at 15:40 mark A climate change summit is set to take place in Paris, France, but President Trump has been left out. Tyson Slocum joins special guest host...

The post Gerald Celente Discusses The Saudi Purge (Video) appeared first on The Daily Coin.

13:50

THE UNBEARABLE SLOWNESS OF FOURTH TURNINGS (PART TWO) "IndyWatch Feed Economics"

THE UNBEARABLE SLOWNESS OF FOURTH TURNINGS (PART TWO) by Jim Quinn The Burning Platform In Part 1 of this article I provided the background regarding the phases of Fourth Turnings and where we stand nine years into this period...

The post THE UNBEARABLE SLOWNESS OF FOURTH TURNINGS (PART TWO) appeared first on The Daily Coin.

13:50

UK Debt Crisis Is Here Consumer Spending, Employment and Sterling Fall While Inflation Takes Off "IndyWatch Feed Economics"

UK debt crisis is here consumer spending, employment and sterling fall while inflation takes off 
Personal debt crisis coming to fore litigation cases go beyond 2008 levels
October consumer spending fell by 2% in October, the fastest year-on-year decline in four years
 Britons face expensive Christmas dinner as food price inflation soars
Gold investors buying physical gold due to precarious UK and US outlook

Editor: Mark OByrne

The long heralded UK debt crisis is here and data released in the U.K. this week clearly shows this.

This is seen in UK retail sales and consumer spending which plunged in October, employment falling, pay stagnant and inflation ticking higher as sterling remains under pressure.

Yesterday, official UK figures showed prices were up by 4.2% last month on 12 months earlier, the highest level in four years. Britons face expensive Christmas dinner as food price inflation soars reported The Guardian yesterday.

Meanwhile stock markets make new highs every week but the underlying economic data is not reflecting the irrational exuberance being seen in global stock markets.

Click here to read full story on GoldCore.com.

 

Important Guides

For your perusal, below are our most popular guid...

13:37

Game of Theories: The Monetarists "IndyWatch Feed Economics"

Heres the second chapter of our mini-series on business cycle theories: The Monetarists. For the real econ aficionados, todays video features an un-credited cameo. A free Game of Theories t-shirt to the first person to identify the cameo in the comments.

The post Game of Theories: The Monetarists appeared first on Marginal REVOLUTION.

13:30

Gowdy Betrays America Again/Sessions Interview (Video) "IndyWatch Feed Economics"

Gowdy Betrays America Again/Sessions Interview Video C-SPAN via BPEarth Watch Video Source

The post Gowdy Betrays America Again/Sessions Interview (Video) appeared first on The Daily Coin.

13:00

Interactive Brain "IndyWatch Feed Economics"

Interesting: The interactive brain is a very good resource:   Source: Brain Facts    

The post Interactive Brain appeared first on The Big Picture.

13:00

The New York Times and the "Lost Cause" of Bolshevism "IndyWatch Feed Economics"

By: William L. Anderson
1280px-Nytimes_hq.jpg

A century ago , the Bolshevik Revolution in Russia ushered in a century of mass murder, starvation, summary execution of millions of people, destruction of ancient social institutions, wars, a vast network of death camps, and the evisceration of liberty, at one time, of a third of the planet.

According to the New York Times, we should be mourning the passage of this era and all of its promises of a better life for all.

You read that correctly.

For the past few months, leading up to the centennial of when the followers of Lenin and Trotsky overthrew the Provision Government of Russia and established all power to the Soviets, the Times has run a series of op-ed articles by people mostly mourning the Lost Cause of communism and all of its promise. We have learned that Bolsheviks were wonderful parents, that women under communism had great sexMao liberated women(when he wasnt murdering them), that Bolshevism promoted a pristine, clean environment and we should all be communists if we want environmental purity (except that the communist bloc had much worse pollution problems than the so-called polluted capitalist West), and that the revolutionary fervor of communism can lead to a glorious socialist future.

As one reads these articles, it becomes clear that to the NYT, the end of communism as we knew it except for a few backwaters like North Korea and Cuba really was the end of hope for a better life, the end of hope of liberation from the slavery of capitalism, and the end of hope that the state could forcibly destroy human institutions from marriage to religion and replace...

12:54

Heard in New Hampshire "IndyWatch Feed Economics"

Statue of General Stark

"I think the good General would be proud of how hard we fought today. It is a good day for school choice in NH. SB 193 passed committee." ~Victoria Wojdylak Sullivan

"ESAs, or any school choice program, arent going to 'make education cheap.' What they can do is allow families to spend more money on alternative learning methods. The additional money will be targeted to individual children, by parents, to let them find their own paths. This already happens in the existing New Hampshire town-tuition program. Croydon students that were failing in public school were allowed to try a Montessori school (which, as most private schools do, charged less than the public school), and they thrived. ESAs will bring many more choices to thousands of other New Hampshire children." ~Bill Walker

"Today I'm grateful for the support networks that have formed thanks to the FSP. Did two move-ins today. Neither took longer than 20 minutes, and both had attendees that didn't know the movers but wanted to be there to welcome them. The FSP community has been, with no close competition, the most welcoming community I've thrown my lot in with." ~Finley Collins

"TURKEYS ARE SOLD OUT! Thank you so much for your orders. I guess we should raise more next year. We are extremely THANKFUL for all the great support from our community! We hope you all can gobble up the holidays together." ~Emily Smith, Bardo Farm

"Our son turned a month old (!) on Saturday and now that life has settled down to a dull roar, there are a LOT of local friends we want to thank again for their practical support. Thanks to everyone who has so thoughtfully provided a meal to us -- you helped make our day-to-day lives easier and filled with more snuggles and other bonding time instead of cooking. We appreciate your generosity & kindness. We are SO grateful for our wonderful community of friends who have our backs. Cheers to all of you!" ~Kyle and Laura Bennett


(Photo by Victoria Wojdylak Sullivan)

The FSP's publication of participant opinions and activitie...

12:45

New Study: US state hit with up to 200 times more Fukushima fallout than expected "IndyWatch Feed Economics"

New Study: US state hit with up to 200 times more Fukushima fallout than expected Over a Trillion becquerels of nuclear waste fell on Hawaii Scientists: Plume may have taken an alternative path Greater than anticipated from ENE...

The post New Study: US state hit with up to 200 times more Fukushima fallout than expected appeared first on The Daily Coin.

12:15

Shanghai Gold Exchange Headed Towards Third Best Year Ever (Video) "IndyWatch Feed Economics"

Shanghai Gold Exchange Headed Towards Third Best Year Ever Video smaulgld Video Source

The post Shanghai Gold Exchange Headed Towards Third Best Year Ever (Video) appeared first on The Daily Coin.

11:55

Hand-Marked Paper Ballots and Virginias 2017 Elections "IndyWatch Feed Economics"

Votes should be counted in public and voting systems should be auditable by non-experts. Paper ballots do both. The Everyone Counts system used by CalPERS does neither.

11:55

Dont Be Afraid of Robots: Technology is What We Make of It "IndyWatch Feed Economics"

Lambert: New technology is what society makes of it. Or the most powerful actors in society? So, its good to potential job loss from technological advances if advances they be put in the context of the Jobs Guarantee. By Kevin Cashman, who researches issues related to domestic and international policy at the Center []

11:45

Is This Why Productivity Has Tanked and Wealth Inequality Has Soared? "IndyWatch Feed Economics"

Is This Why Productivity Has Tanked and Wealth Inequality Has Soared? by Charles Hugh Smith Of Two Minds Needless but highly profitable forced-upgrades are the bread and butter of the tech industry. One of the enduring mysteries in conventional...

The post Is This Why Productivity Has Tanked and Wealth Inequality Has Soared? appeared first on The Daily Coin.

11:15

It Has Begun, Russia And Syria Are Now Asking The US To Leave Syria (Video) "IndyWatch Feed Economics"

It Has Begun, Russia And Syria Are Now Asking The US To Leave Syria Video X22 Report AG Session says he might start an investigation into the Uranium one deal that the Clintons were involved in. Russia will write...

The post It Has Begun, Russia And Syria Are Now Asking The US To Leave Syria (Video) appeared first on The Daily Coin.

11:00

Stock Market Valuation and the Macroeconomy "IndyWatch Feed Economics"

Stock Market Valuation and the Macroeconomy Kevin J. Lansing FRBSF Economic Letter, November 13, 2017       History suggests that extreme run-ups in the cyclically adjusted price-earnings ratio are a signal that the stock market may be overvalued. A simple regression model using a small set of macroeconomic explanatory variables can account for most

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The post Stock Market Valuation and the Macroeconomy appeared first on The Big Picture.

...

10:45

Venezuela Defaults On A Debt Payment Is This The First Domino To Fall? "IndyWatch Feed Economics"

Venezuela Defaults On A Debt Payment Is This The First Domino To Fall? by Michael Snyder The Economic Collapse Blog Did you know that Venezuela just went into default?  This should be an absolutely enormous story, but the...

The post Venezuela Defaults On A Debt Payment Is This The First Domino To Fall? appeared first on The Daily Coin.

10:42

Saudi Arabias Populist Temptation "IndyWatch Feed Economics"

In the past, political stability in Saudi Arabia rested on three separate deals: within the royal family; between the royal family and the Kingdoms traditional elites; and between the state and the population. With the sharp fall in oil revenues, this political order has become unsustainable.

10:15

YOU WONT BELIEVE ALL THAT IS BEING EXPOSED NOW!!! (Video) "IndyWatch Feed Economics"

YOU WONT BELIEVE ALL THAT IS BEING EXPOSED NOW!!! Video SGTReport You wont believe all that is being exposed NOW. Luke chapter 8 verse 17 reads For there is nothing hidden that will not be disclosed, and nothing concealed...

The post YOU WONT BELIEVE ALL THAT IS BEING EXPOSED NOW!!! (Video) appeared first on The Daily Coin.

10:01

ASEAN, China move closer on South China Sea conflict resolution "IndyWatch Feed Economics"

China and ASEAN have for years been discussing a code of conduct in the South China Sea, but now they are closer than ever on a unified document [Xinhua]


The question of territorial rights in the South China Sea has taken center stage at the 20th China-ASEAN (10+1) leaders meeting hosted by the Philippine capital Manila, as it has in recent years.

But China is slowly making headway with its neighbors to resolve outstanding territorial disputes over access to the strategic body of water that straddles, Vietnam, Laos, Japan, Philippines and China.

On Tuesday, ASEAN leaders highlighted what they called positive developments in their relationship with China, particularly in areas of concern such as security and economy.

A statement from the Philippine Foreign Ministry said: The leaders welcomed the positive developments in ASEAN-China dialogue relations in three areas of cooperation, namely, political-security, economic, and socio-cultural or people-to-people exchanges.

This comes a day after China and the 10 ASEAN members announced that they would begin consultations on the wording of the Code of Conduct (COC) in the South China Sea.

Delegates at the ASEAN meeting also decided to establish a hotline between different governments involved in the South China Sea disputes to quickly resolve any maritime entanglements.

In a bid to increase cooperation and good conduct between all South China Sea countries, ASEAN also said it would hold maritime exercises with China.

Maritime disputes between China on the one hand and the Philippines, Vietnam, Malaysia, Brunei and Taiwan on the other have caused tensions in the region and often led to a war of words between Beijing and Washington.

Beijing claims 90 per cent of the South China Sea, a maritime region believed to hold a wealth of untapped oil and gas reserves and through which roughly $4.5 trillion of ship-borne trade passes every year.

Beijing has long accused Washington of meddling in the South China Sea. The US conducts periodic air and naval patrols near the disputed islands that have angered Beij...

09:53

Debt Rattle November 15 2017 "IndyWatch Feed Economics"

Arkady Shaikhet Express 1939   Richest 1% Own 50% Of Global Wealth, Poorest 50% Own 1% (BI) US Auto-Loan Subprime Blows Up Lehman-Moment-Like (WS) Household Debt Rises By $116 Billion As Credit-Card Delinquencies Pile Up (MW) Swedens Housing Market Shock is Hitting Its Currency (BBG) ECB Seeks Power To Freeze

The post Debt Rattle November 15 2017 appeared first on The Automatic Earth.

09:45

WARNING: Last Time We Saw Anything Like This Was Right Before March 2000 & January 2008 Collapses! "IndyWatch Feed Economics"

WARNING: Last Time We Saw Anything Like This Was Right Before March 2000 & January 2008 Collapses! from King World News With the Dow and the Nasdaq recently hitting new all-time highs, we are now seeing major warning signals not...

The post WARNING: Last Time We Saw Anything Like This Was Right Before March 2000 & January 2008 Collapses! appeared first on The Daily Coin.

09:25

Artificial Intelligence and the Stability of Markets "IndyWatch Feed Economics"

AI may revolutionise risk management and financial supervision, but also threatens to destabilise markets and increase systemic risk.

09:15

Stossel: Who Owns Your Body (Video) "IndyWatch Feed Economics"

Stossel: Who Owns Your Body Video Reason TV John Stossel confronts a prostitute, a pimp and an anti-prostitution crusader. Video Source

The post Stossel: Who Owns Your Body (Video) appeared first on The Daily Coin.

08:53

Successful failures the problem with food banks "IndyWatch Feed Economics"

Foodbanks were originally established as a temporary measure to alleviate food insecurity. But have they become an excuse for governments not to deal properly with the problem?

08:45

Looking For Inflation In All The Wrong Places "IndyWatch Feed Economics"

Looking For Inflation In All The Wrong Places by John Rubino Dollar Collapse A policeman sees a drunk man searching for something under a streetlight and asks what the drunk has lost. He says he lost his keys and...

The post Looking For Inflation In All The Wrong Places appeared first on The Daily Coin.

08:40

Wednesday assorted links "IndyWatch Feed Economics"

1. Whos sitting next to you on the subway?

2. New results on the returns to education.

3. Meet the people who listen to podcasts at super speed.

4. Those with a college degree gain more from freer trade, but not actually by that much.

5. Consistent with the reduced form results, the model estimates imply that labor supply factors are responsible for nearly the entire rise of in-and-outs, while changes in labor demand have contributed little  Link hereAnd Our estimates suggest that the decline in product reallocation through these margins has contributed greatly to the slow growth experienced after the Great Recession.

6. Absent-mindedness as dominance behavior.

7. MIE Hyderabad spot-a-beggar.

The post Wednesday assorted links appeared first on Marginal REVOLUTION.

07:10

Delhi's toxic smog hurting homeless, slum dwellers most "IndyWatch Feed Economics"

At least 2.5 million people in India died early because of pollution in 2015.

07:04

Paradise Papers leaks take aim at Indonesian paper firm APRIL "IndyWatch Feed Economics"

The global Paradise Papers leak has accused Indonesian pulp and paper giant APRIL of unethically exploiting tax loopholes through offshore shell companies and weakening environmental clauses by lenders. APRIL has rejected these claims.

06:15

The Latest Report Indicates The 1% Got Wealthier After 2008 (Video) "IndyWatch Feed Economics"

The Latest Report Indicates The 1% Got Wealthier After 2008 Video X22 Report UBS came out with their latest report, and it states the wealthy got substantially wealthier after 2008 when the FED started the stimulus. The FED issued...

The post The Latest Report Indicates The 1% Got Wealthier After 2008 (Video) appeared first on The Daily Coin.

06:14

The earlier age of mass migration to America also brought political backlash "IndyWatch Feed Economics"

Gifts of the Immigrants, Woes of the Natives: Lessons from the Age of Mass Migration (2017). JOB MARKET PAPER
Abstract: In this paper, I show that political opposition to immigration can arise even when immigrants bring significant economic prosperity to receiving areas. I exploit exogenous variation in European immigration to US cities between 1910 and 1930 induced by World War I and the Immigration Acts of the 1920s, and instrument immigrants location decision relying on pre-existing settlement patterns. Immigration increased natives employment and occupational standing, and fostered industrial production and capital utilization. However, it lowered tax rates, public spending, and the pro-immigration partys (i.e., Democrats) vote share. The inflow of immigrants was also associated with the election of more conservative representatives, and with rising support for anti-immigration legislation. I provide evidence that political backlash was increasing in the cultural distance between immigrants and natives, suggesting that diversity might be economically beneficial but politically hard to manage.

That is from Marco Tabellini, job market candidate at MIT.

The post The earlier age of mass migration to America also brought political backlash appeared first on Marginal REVOLUTION.

05:50

My Name Was Seth Rich Website Hoax Created To Discredit Independent Media "IndyWatch Feed Economics"

My Name Was Seth Rich Website Hoax Created To Discredit Independent Media Person Or Persons Behind It May Lead Right Into The Halls Of Congress by Susan Duclos All News Pipeline The selectively edited supposed bombshell report by...

The post My Name Was Seth Rich Website Hoax Created To Discredit Independent Media appeared first on The Daily Coin.

05:30

James OKeefe Interview With The Epoch Times (Video) "IndyWatch Feed Economics"

James OKeefe Interview With The Epoch Times Video Veritas Visuals James OKeefe sits down with The Epoch Times for an interview on the undercover journalism and tactics of Project Veritas. Video Source

The post James OKeefe Interview With The Epoch Times (Video) appeared first on The Daily Coin.

05:10

Stumbling Into the Bubble Zone "IndyWatch Feed Economics"

Stumbling Into the Bubble Zone by Gary Christenson Miles Franklin Bubbles are a fact of financial life! We know about the Dutch Tulip Bubble and the English South Sea bubble.  Silly right?  They couldnt happen in this modern...

The post Stumbling Into the Bubble Zone appeared first on The Daily Coin.

04:50

Gold Continues to Flow into ETFs with European Funds Leading the Way "IndyWatch Feed Economics"

Gold Continues to Flow into ETFs with European Funds Leading the Way from Schiff Gold After surging in August and September, inflows of gold into gold-backed ETFs flattened, but remained in positive territory in October. Global gold-backed ETF funds added...

The post Gold Continues to Flow into ETFs with European Funds Leading the Way appeared first on The Daily Coin.

04:46

Rumours of Zimbabwe coup "IndyWatch Feed Economics"

http://www.telegraph.co.uk/news/2017/11/14/tanks-seen-heading-towards-zimbabwe-capital-harare/

Several loud explosions echoed across central Harare in the early hours of Wednesday after troops deploy...

04:30

Q & A with Lynette Zang and Eric Griffin (Video) "IndyWatch Feed Economics"

Q & A with Lynette Zang and Eric Griffin Video ITM Trading Video Source

The post Q & A with Lynette Zang and Eric Griffin (Video) appeared first on The Daily Coin.

04:27

Is This Why Productivity Has Tanked and Wealth Inequality Has Soared? "IndyWatch Feed Economics"

Needless but highly profitable forced-upgrades are the bread and butter of the tech industry.
One of the enduring mysteries in conventional economics (along with why wages for the bottom 95% have stagnated) is the recent decline in productivity gains (see chart). Since gains in productivity are the ultimate source of higher wages, these issues are related. Simply put, advances in productivity are core to widespread prosperity.
But that's only half the problem--productivity gains have flowed to the top of the income-wealth pyramid as financialization and cartels have replaced real-world wealth creation as the source of wealth-income.
...

04:10

The Arctic Silk Road: A Huge Leap Forward for China and Russia "IndyWatch Feed Economics"

The Arctic Silk Road: A Huge Leap Forward for China and Russia by FEDERICO PIERACCINI  Strategic-Culture The Silk Road, renamed the Belt and Road Initiative (BRI), is developing infrastructure along land and sea trade routes. However, little is known about Chinas...

The post The Arctic Silk Road: A Huge Leap Forward for China and Russia appeared first on The Daily Coin.

04:08

Rigging Of The Block Chain ~ $300 Million Vanishes With A Click: U.S. Bitcoin Becoming More Isolated "IndyWatch Feed Economics"

Bitcoins meteoric rise [JP Morgan Involved] in price has been accompanied by a predictably parallel rise in the contorted lunacy we seem to witness in every irrational bubble, no matter what its origin. The Bitcoin bubble delusion has become so convincing to some people that they now believe Bitcoin is the new gold or better []

03:50

Precious Metals: Patience Is Golden "IndyWatch Feed Economics"

Precious Metals: Patience Is Golden By Stewart Thomson Gold Seek Without growth in Western gold ETF holdings, the decent but not spectacular demand from China and India is not strong enough to move the gold price higher. Please click...

The post Precious Metals: Patience Is Golden appeared first on The Daily Coin.

03:50

Venezuela Defaults On A Debt Payment Is This The First Domino To Fall? "IndyWatch Feed Economics"

Did you know that Venezuela just went into default?  This should be an absolutely enormous story, but the mainstream media is being very quiet about it.  Wall Street and other major financial centers around the globe could potentially be facing hundreds of millions of dollars in losses, and the ripple effects could be felt for years to come.  Sovereign nations are not supposed to ever default on debt payments, and so this is a very rare occurrence indeed.  I have been writing about Venezuela for years, and now the crisis that has been raging in that nation threatens to escalate to an entirely new level.

Things are already so bad in Venezuela that people have been eating dogs, cats and zoo animals, but now that Venezuela has officially defaulted, there will be no more loans from the rest of the world and the desperation will grow even deeper

Venezuela, a nation spiraling into a humanitarian crisis, has missed a debt payment. It could soon face grim consequences.

The South American country defaulted on its debt, according to a statement issued Monday night by S&P Global Ratings. The agency said the 30-day grace period had expired for a payment that was due in October.

A debt default risks setting off a dangerous series of events that could exacerbate Venezuelas food and medical shortages.

So what might that dangerous series of events look like?

Well, Venezuela already has another 420 million dollars of debt payments that are overdue.  Investors around the world are facing absolutely catastrophic losses, and the legal wrangling over this crisis could take many years to resolve.  The followi...

03:30

03:20

Bloomberg Sustainable Business Summit: London "IndyWatch Feed Economics"

Bringing business leaders and investors together has made Bloomberg's Sustainable Business Summits a uniquely influential setting for sustainability dialogues across North America.

03:10

Financial Problems: The Most Likely Disaster to Strike Anyone "IndyWatch Feed Economics"

Financial Problems: The Most Likely Disaster to Strike Anyone by Daisy Luther The Organic Prepper Preppers think about a lot of doomy, gloomy stuff about various types of apocalypses. After all, disaster is everywhere. We watch the spread of...

The post Financial Problems: The Most Likely Disaster to Strike Anyone appeared first on The Daily Coin.

03:02

2017 is the tipping point for loss and damage from climate change "IndyWatch Feed Economics"

Is it time to make climate polluters pay for the losses and the damage they cause?

03:00

02:58

Will Humans Survive Peak Humanity? "IndyWatch Feed Economics"

The Three Great Challenges of Tomorrow

Theres an elephant in the room. We grope at its trunk, legs, torso, but never quite the grasp its shape, form, or meaning. What I mean is this: endlessly, these days, we discuss, maybe lament, nazis, pedophiles, predators, climate change, extremists. We live in an age of a choice of catastrophes.

The more that I think about it the more that I wonder: is peak humanity what underlies it all? Let me clarify terms, now that Ive asked a question. The human population on Planet Earth is forecasted to peak in our lifetimesaround 2050 or so. If you were randomly chosen by fate to be born at any time in human history, that time would be now.

Yet I emphatically dont mean this question in a simplistic Malthusian way: there are too many people, man!. There arent. There is enough food, water, books, information, and so on, what we might call primary wealth, to nourish every person on planet earthand theres enough money, too, because its only a paper illusion we can always print. The problem itself is somehow even more pernicious than there simply being too many people: it is that the more people there are, the more stress is put on institutions and ideologies that never managed social contracts well in the first place.

You only need think of America, which was, objectively speaking, an apartheid state that never really matured into a working society with a social contract that protected people from everyday harms, whether abuse, shooting, a lack of medicine, and so on, to understand what I mean. We just dont have the political and economic software necessary to manage Peak Humanity well, and its blindingly obvious when you notice that humanitys not doing a very good job these days, for the problems infecting America are spreading across the globe, from Nazis in the Bundestag to extremists winning Brexit. Still, to really put Peak Humanity in perspective, one must understand the worlds three great macro-level problems.

Humanity doesnt seem to know how to distribute what it does create wellin ways that promote stability, by creating minimally realized lives. In America, in Britain, in China, across the world, inequality is spikingand its not just financial inequality, but inequality of life expectancy, opportunity, security, and so on: inequality of real wealth, the primary goods that realize human potential, whether those goods are healthcare, education, banking, and so on. These problems of maldistribution are, in turn, leading to nationalist and extremist movements, which gain power by the day, as people who are fed up with a tiny coterie of oligarchs or cronies or autocrats taking more than 100% of gains in societies, which is the case in America, Russia, and China, procla...

02:50

Trump to Press after APEC: Praises Putin, Rips Hacks Brennan, Clapper, Comey "IndyWatch Feed Economics"

Trump to Press after APEC: Praises Putin, Rips Hacks Brennan, Clapper, Comey by Harley Schlanger Rogue Money On the Asia trip thus far: I think its been a great trip. In certain ways, its been very epic. I think...

The post Trump to Press after APEC: Praises Putin, Rips Hacks Brennan, Clapper, Comey appeared first on The Daily Coin.

02:46

Chinas carbon emissions drive global uptick in 2017 "IndyWatch Feed Economics"

Rising coal consumption ends 3-years of stable emissions, says a study.

02:30

Bill Murphy: Golds Next Move Up Could be Explosive (Video) "IndyWatch Feed Economics"

Bill Murphy: Golds Next Move Up Could be Explosive Video Investing News Video Source Bill Murphy has spent nearly two decades working to expose gold market manipulation as chairman and director of the Gold Anti-Trust Action Committee (GATA), but...

The post Bill Murphy: Golds Next Move Up Could be Explosive (Video) appeared first on The Daily Coin.

02:10

Gold on the Ledge "IndyWatch Feed Economics"

Gold on the Ledge By Bob Loukas GoldSeek Cycle Counts Cycle Count Observation Cycle Trend Cycle Clarity Daily Day 11 Range 24-28 Days   4th Daily Cycle Topped  GREEN Investor Week 18 Range 22-26 Weeks Topped  GREEN This is...

The post Gold on the Ledge appeared first on The Daily Coin.

02:00

THE UNBEARABLE SLOWNESS OF FOURTH TURNINGS "IndyWatch Feed Economics"

THE UNBEARABLE SLOWNESS OF FOURTH TURNINGS by Jim Quinn The Burning Platform The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze...

The post THE UNBEARABLE SLOWNESS OF FOURTH TURNINGS appeared first on The Daily Coin.

02:00

Jeff Bezos: Amazons Journey to Now And Its Future "IndyWatch Feed Economics"

A interview with billionaire and founder of Amazon, Jeff Bezos. In this interview Jeff discusses how Amazon became the giant it is today and what made it so successful, including his key principles for Amazon. Jeff also talks about where Amazon is heading and what the company could look like in 10 years. Video Segments:

Read More

The post Jeff Bezos: Amazons Journey to Now And Its Future appeared first on The Big Picture.

...

01:50

Critical Questions You Better Answer Before Going Off-Grid "IndyWatch Feed Economics"

Critical Questions You Better Answer Before Going Off-Grid by: Nikki Manley  Off the Grid News Going off-grid means different things to different folks. For some, its living a normal life without an electric bill. For others, its a dance of compromise...

The post Critical Questions You Better Answer Before Going Off-Grid appeared first on The Daily Coin.

01:35

California Residents On Edge After A Swarm Of 10 Earthquakes Hits Near The San Andreas Fault "IndyWatch Feed Economics"

Is the San Andreas Fault starting to wake up?  On Monday, a swarm of 10 significant earthquakes struck Monterey County, California.  The largest was a magnitude 4.6 earthquake that could be felt all the way over in San Francisco.  Of course this comes at a time when other portions of the Ring of Fire are starting to awaken as well.  For example, just yesterday I wrote about the alarming eruption of Mt. Popocatepetl that just took place down in Mexico.  For decades the west coast of North America has been relatively stable compared to the rest of the Ring of Fire, but now that is changing.

So should those living along the west coast be on alert?  Without a doubt, the shaking that happened on Monday definitely got a lot of attention

A 4.6-magnitude earthquake rattled Monterey County on Monday and was felt more than 90 miles away in San Francisco, officials said.

The quake hit at 11:31 a.m. about 13 miles northeast of Gonzales, near Salinas, and was followed by nine smaller aftershocks, with the largest measuring magnitude 2.8, said Annemarie Baltay, a seismologist with the U.S. Geological Survey in Menlo Park.

Some experts are trying to assure us that we have nothing to be concerned about, but others are claiming that an earthquake swarm such as this dramatically increases the likelihood of a major quake in California&#822...

01:30

Something Strange Is Happening to Our Dreams (Video) "IndyWatch Feed Economics"

Something Strange Is Happening to Our Dreams Video TruthStream Media In case anyone asks, we dont have a smart meter or Wi-Fi in our home. We dont sleep with EMF emitting smart phones or computers in our bedroom either....

The post Something Strange Is Happening to Our Dreams (Video) appeared first on The Daily Coin.

01:10

BIS refuses to answer questions about its activity in the gold market "IndyWatch Feed Economics"

BIS refuses to answer questions about its activity in the gold market by Chris Powell GATA Dear Friend of GATA and Gold: The Bank for International Settlements today refused to answer questions from the Gold Anti-Trust Anti-Trust Action Committee...

The post BIS refuses to answer questions about its activity in the gold market appeared first on The Daily Coin.

01:00

Post Market Wrap Up PLUS: Hidden Language Of The Market Exposed. (Video) "IndyWatch Feed Economics"

Post Market Wrap Up PLUS: Hidden Language Of The Market Exposed. Video Gregory Mannarino Video Source

The post Post Market Wrap Up PLUS: Hidden Language Of The Market Exposed. (Video) appeared first on The Daily Coin.

00:50

Why Americas Retail Apocalypse Could Accelerate Even More In 2018 "IndyWatch Feed Economics"

Why Americas Retail Apocalypse Could Accelerate Even More In 2018 by Michael Snyder The Economic Collapse Blog Donate to Michael Snyders Run for Congress Is the retail apocalypse in the United States about to go to a whole new...

The post Why Americas Retail Apocalypse Could Accelerate Even More In 2018 appeared first on The Daily Coin.

00:30

Is Central Bank Tightening Realistic? (Video) "IndyWatch Feed Economics"

Is Central Bank Tightening Realistic? Video Gordon T Long Video Source

The post Is Central Bank Tightening Realistic? (Video) appeared first on The Daily Coin.

00:10

The Dangers of Zero "IndyWatch Feed Economics"

The Dangers of Zero by: Clint Siegner Money Metals Zero is an important number in the psychology driving demand for bullion. There are periods when investors find the argument that gold or silver prices will never go to zero...

The post The Dangers of Zero appeared first on The Daily Coin.

Tuesday, 14 November

23:57

OPERATION FREEDOM with Rob Kirby, Catherine Austin-Fitts, Ed Steer and More (Podcast) "IndyWatch Feed Economics"

OPERATION FREEDOM with Rob Kirby, Catherine Austin-Fitts, Ed Steer and More Podcast Dave Janda Topics Discussed: The Missing $21 TRILLION,  Undocumented Adjustments in the Government, Money Laundering, Cyber security, Manipulation of financial markets, New World Order Syndicate, Obama Care, Free Market Health...

The post OPERATION FREEDOM with Rob Kirby, Catherine Austin-Fitts, Ed Steer and More (Podcast) appeared first on The Daily Coin.

23:50

Financial Tyranny: We the People Are the New Permanent Underclass in America "IndyWatch Feed Economics"

Financial Tyranny: We the People Are the New Permanent Underclass in America by John W. Whitehead Rutherford TDC Note In my opinion financial crimes against humanity are the worst crimes of all. For the most part people dont...

The post Financial Tyranny: We the People Are the New Permanent Underclass in America appeared first on The Daily Coin.

23:31

Venezuelas debt problem: To default or to pay "IndyWatch Feed Economics"

http://www.bbc.com/news/world-latin-america-41967871

President Nicols Maduro said on 2 November that the country would refinance and restructure all of Venezuelas external debt, meaning that the government would effectively renegotiate the terms of how it repays the money it owes to foreign investors.

The reason President Maduro cited for the move was to fight against the financial persecution of our country, a reference to the US sanctions that have targeted members of the Maduro administration.

Venezuela has about $60bn (46bn) in outstanding bonds. That includes debt issued by the Venezuelan government as well as bonds issued by companies such as state oil company PDVSA.

But that is not all Venezuela owes. Its total external debt, which also includes loans from countr...

23:30

Nigel Farage exposes George Soros: The biggest global political collusion in history (Video) "IndyWatch Feed Economics"

Nigel Farage exposes George Soros: The biggest global political collusion in history Video UKIP europarl Video Source

The post Nigel Farage exposes George Soros: The biggest global political collusion in history (Video) appeared first on The Daily Coin.

23:24

Researchers create a magnetic wormhole in a lab "IndyWatch Feed Economics"

http://www.collective-evolution.com/2017/11/10/scientists-create-a-magnetic-wormhole-that-connects-two-regions-of-space/

Wormholes are fascinating (but theoretical) cosmological objects that can connect two distant regions of the universe. They would allow one to create shortcuts through space in order to travel vast distances in a shorter period of time. They are predicted by the general Theory of Relativity, and are what Einstein referred to as bridges through space-time. Wormholes are mathematically predicted, if not proven, and a new study illustrates how scientists have taken these theoretical anomalies which many physicists believe to be real and created one for themselves.

Researchers in Spain, from the physics department at the Autonomous University of Barcelona in 2015, actually created a magnetic wormhole in a lab that tunnels a magnetic field through space.

Using matematerials and metasurfaces, our wormhole transfers the magnetic field from one point in space to another throug...

23:22

Dubai Air Show opens with Emirates and Boeing reaching $15.1B deal "IndyWatch Feed Economics"

Emirati officials visit an Airbus A-380 decorated with an image of the late Sheikh Zayed bin Sultan Al Nahyan, during the opening day of the Dubai Air Show, United Arab Emirates, Sunday, Nov. 12, 2017.

http://fortune.com/2017/11/12/dubai-air-show-emirates-boeing/

Long-haul carrier Emirates purchas...

23:18

The Black Swan in plain sight "IndyWatch Feed Economics"

http://davidstockmanscontracorner.com/the-black-swan-in-plain-sight-debt-out-the-wazoo/

The black swan in plain sight does emit the Donalds orangish glow, but at the end of the day its true color is actually red.

That is, monumental towers of rapidly rising debt loom everywhere on the planet. For the moment, the artificial cash flow from this unsustainable borrowing spree is keeping a simulacrum of growth and prosperity alive. Yet this whole outbreak of debt madness-represented by $225 trillion outstanding on a global basis-is careening toward a financial and economic dead end that will soon crush todays fiscally profligate politicians and heedless financial punters, alike, in a devastating reset of bond yields.

For our first case in point, the always excellent Wolf Richter published a great chart over the weekend on the exploding US public debt. To say the least, it constitutes a clanging wake-up call amidst the absolute fantasy world that prevails...

23:15

Stephen Hawking: Humans will turn Earth into sizzling ball of fire by 2600 "IndyWatch Feed Economics"

https://www.rt.com/news/409136-earth-ball-fire-hawking/

World renowned physicist Stephen Hawking has offered another apocalyptic prediction for Earth this time warning that the planet will become a sizzling ball of fire in less than 600 years.

Hawking made the grim forecast via videolink to the Tencent WE Summit in Beijing, declaring humans will have to boldly go where no one has gone before, if they want humankind to survive for another million years.

The planet will be overcrowded by 2600 and increased power consumption will turn Earth into a sizzling fireball, according to the Cambridge mastermind.

Hawking offered some hope however via his Breakthrough Starshot project. The $100m research programme backed by Russian Internet billionaire Yuri Milner and Facebook CEO Mark Zuck...

23:10

Fears of a new deadly PLAGUE growing, as Malawi becomes latest African nation on alert "IndyWatch Feed Economics"

Fears of a new deadly PLAGUE growing, as Malawi becomes latest African nation on alert by: JD Heyes  Natural News Malawi is the latest African nation in danger of experiencing an outbreak of deadly plague, as the disease continues to spread...

The post Fears of a new deadly PLAGUE growing, as Malawi becomes latest African nation on alert appeared first on The Daily Coin.

22:58

PBI Welcomes Daniel Hicks "IndyWatch Feed Economics"

171114_daniel_hicks_1026.jpgPBI is pleased to introduce a new member of our national leadership with the appointment of Daniel Hicks as Director of Media Relations. Danielss role with PBI will be to build deeper ties with the media and produce new materials that expand the understanding of Public Banking and its relevance to the national media discussion.  

Daniel is a journalist, economist, TV producer, world traveler and dual faculty member at the University of Miami. He managed network coverage from Los Angeles for NBC News, MSNBC, CNBC and other network channels and graduated from Columbia Universitys School of Journalism. His list of travel experiences is dizzying.

Such deep media experience should be valuable to PBIs mission ...

22:57

PBI makes detailed presentation to Washington State Task Force as WA moves forward "IndyWatch Feed Economics"

171114_tacoma_task_force_mtg_1026.jpg

View from Johnny's Dock, Tacoma, WA

 

As the winter rains fell in the Pacific Northwest, PBI Board Members Nichoe Lichen and Ellen Brown met in Tacoma last Thursday, Nov 9 with the State of Washington's Infrastructure and Public Depository Bank Task Force to present PBIs evaluation of the nuts and bolts for establishing a Public Bank for the State of Washington. 

Ellen and Nichoe were impressed by the expertise and commitment of those Washington legislators and bank representatives serving on the task force and how much progress they had made. Perhaps it will it be the State of Washington that enables the first Public Bank in the US in 98 years!

22:56

New Facebook Page launched! Send us your #YesPublicBanks group photos "IndyWatch Feed Economics"

171114_pbi-facebook-header_newsletter.jpg

 

We are thrilled to launch our new Facebook page to help connect with, educate, and inspire more people on the value of a Public Bank. 

To celebrate and highlight all the amazing work being done around the country, we call on our Public Bank supporters to send us photos!

The next time your Public Banking group gets together, please gather for a fun group photo in front of an iconic scene in your city and hold up a sign or small banner that says #YesPublicBanks

Send them to communications@publicbankinginstitute.org.

22:55

American Banker: Public banking: The other winner in 2017 elections "IndyWatch Feed Economics"

171114_states_working_public_bank_1026.jpgPhil Murphys win in NJ has caught the attention of the banking industry. Banking financial services magazine American Banker contacted PBI the day after the election to ask us  how we were seeing the success. The resulting article by Laura Alix provides a balanced and overall positive assessment and highlights that the Murphy win is being seen as a much-needed shot in the arm for the broader public-bank movement. 

Once community banks understand how a Public Bank can partner with them to overcome regulatory and capital burdens, PBI believes Public Banks are likely to gain many more banker allies.

22:54

NJ Spotlight: Can Gov.-Elect Murphy Make a Go of His Public Bank? "IndyWatch Feed Economics"

171114_bank_lettering_1026.jpgLocal news outlet NJ Spotlight points out that few people in New Jersey had even heard of Gov-elect Phil Murphy before he jumped into the governors race, and the same could be said about one of Murphys core proposals: a plan to launch a state-run Public Bank. 

Now that he has won, Murphy has a chance to set off a national revival for state banks, an idea that had its heyday nearly 200 years ago but has been rediscovered amid an era of corporate greed and rising income inequality."

22:50

Trump Bank Regulator Wants to Merge Taxpayer-Backstopped Banks With Corporate Conglomerates "IndyWatch Feed Economics"

Trump Bank Regulator Wants to Merge Taxpayer-Backstopped Banks With Corporate Conglomerates By Pam Martens and Russ Martens Wall Street on Parade A man holding one of the most important and powerful jobs for keeping the U.S. banking system safe...

The post Trump Bank Regulator Wants to Merge Taxpayer-Backstopped Banks With Corporate Conglomerates appeared first on The Daily Coin.

22:38

Various, And None Of It "Normal" (Preview) "IndyWatch Feed Economics"

You should know by now of the power consolidation in Saudi Arabia. What we dont know for sure is which way King Salman and son will lean, East or West? It does look by the names arrested, the Saudis are leaning away from the Bush/Clinton/deep state as these were allies/business associates of those arrested. Were... Read more

The post Various, And None Of It "Normal" (Preview) appeared first on Jim Sinclair's Mineset.

22:30

War Drums, Trump, Hillary, Mueller and Roy Moore. Michael Rivero (Video) "IndyWatch Feed Economics"

War Drums, Trump, Hillary, Mueller and Roy Moore. Michael Rivero Video Talk Digital Network Guests website: http://whatreallyhappened.com/ Video Source

The post War Drums, Trump, Hillary, Mueller and Roy Moore. Michael Rivero (Video) appeared first on The Daily Coin.

22:10

Tories Trump Python "IndyWatch Feed Economics"

Tories Trump Python by Ral Ilargi Meijer  The Automatic Earth There can be little doubt that the British, in general, have a sense of humor. And thats perhaps the lens through which we should view the country these days. After all,...

The post Tories Trump Python appeared first on The Daily Coin.

22:00

FSS Update: Poison Ivy Israeli Rights Mexican Volcano Economic Doom (Video) "IndyWatch Feed Economics"

FSS Update: Poison Ivy Israeli Rights Mexican Volcano Economic Doom Video Full Spectrum Survival Video Source

The post FSS Update: Poison Ivy Israeli Rights Mexican Volcano Economic Doom (Video) appeared first on The Daily Coin.

21:30

This is How the U.S. Accumulated $21 Trillion in Debt Without Collapsing! (Video) "IndyWatch Feed Economics"

This is How the U.S. Accumulated $21 Trillion in Debt Without Collapsing! Video The Money GPS Video Source

The post This is How the U.S. Accumulated $21 Trillion in Debt Without Collapsing! (Video) appeared first on The Daily Coin.

21:10

Fukushima Cover-Up: Keep cancers a secret say doctors "IndyWatch Feed Economics"

Fukushima Cover-Up: Keep cancers a secret say doctors Were getting leukemia and cataracts and we die suddenly Students having sudden heart attacks Officials actively ignoring reports of illness and death from ENE News Adam Broinowski, visiting research...

The post Fukushima Cover-Up: Keep cancers a secret say doctors appeared first on The Daily Coin.

21:00

Russell Napier: Debt Deflation Worries Are Starting to Rise Again "IndyWatch Feed Economics"

FS Staff There's been very little deleveraging after the last financial crisis and, in fact, debt levels are at new records globally, which means investors should be thinking about the risk of debtflation, Russell Napier, editor of The Solid Ground, told FS Insider...

Capitalism and Competition "IndyWatch Feed Economics"

By: Richard M. Ebeling
sale

Market competition is at the heart of the capitalist system. It serves as the driving force for creative innovation, the mechanism by which market supplies and demands are brought into coordinated balance for multitudes of goods, and an institutional setting for individuals to freely find their own place to best earn a living in society.

Yet, listening to the critics of capitalism, competition is made out to be a cruel and dehumanizing process that feeds unnecessary wants and desires, or has a tendency to evolve into anti-competitive market-based monopolies contrary to the public interest. Competition fosters a selfish disregard for the common good and misdirects resources from their most important socially valuable uses.

Competition Through Political Means

As long as resources are scarce and social positions are too limited to satisfy everyones desire to have a certain status in society, competition will exist. The crucial questions concern: how will it be decided what gets produced and for whom, and how shall social positions in society be determined and filled? For almost all of human history these questions were determined by conquest and coercion. Those with greater physical strength or manipulative guile used these superior abilities and skills to gain the goods they wanted and the status they desired over others.

In a competition between the physically strong and the weak, it was often the case that might made right. Pillage and plunder enabled some to seize the goods they wanted that others possessed and to then subjugate and enslave those they conquered to work for them and accept their conquerors as their legitimate masters.

Most, if not all, forms of competition were battles for political power and position. Closeness to the throne and having favor with the king or prince gave one control over land and people, and therefore possession of material wealth in the forms in which they existed in those earlier times. The mythologies of the aristocratic nobility the lords of the manor asserted that they were the repository of grace, charm and culture, the carriers of civilized manners and the benefactors of civilization. This hid from view that their appearance of leisure time for and attention to the higher things of life were only made possible to the extent that any of them were actually concerned with anything other they their personal pleasures and pastimes due to their success in having the legitimized authority to live off the productions of others.

Commerce and trade is as...

20:51

(Why) America Needs Perestroika From Capitalism "IndyWatch Feed Economics"

Reimagining the Future of Human Possibility

In 1985, then Soviet leader Mikhail Gorbachev, after giving an historic speech finally admitting that the Soviet Union wasnt growing, but was badly stagnant, and that was why people felt stuck, ignored, and frustrated, began to implement, over the coming years, a program called perestroika. Now, to fully understand its ramificationsand the parallel I will draw shortly with Americayou must first understand the absurdity of Soviet life. Every kind of institution and activity was owned, planned, and controlled by the state. So perestroika, which means restructuring, became the first time that Soviet could start little restaurants and bars and shops and dry cleaners. It was just a tiny deviation from absolutist extremism, still, perhaps all the more radical for its bravery, and yet Gorbachev understood that there was no other way out now, for the Soviet economy was keeling over, and no amount of propaganda was going to save it.

Does any of this sound familiar to you? Probably not yet. But it should. The great irony of this century is that Russia and America, the bitter enemies of the last, are converging to precisely the same failed kleptocratic autocracy. America is today an almost exact mirror image of Russia yesterday: clinging desperately on to an extremist ideology, only this time pure financial capitalism, and denying that it is not working, pretending that all is well, in precisely the same way, too. Americas blind allegiance to pure capitalism means that maximizing shorter and shorter term profits is what every human being, institution, and activity in society essentially exist to dono matter if the cost is fascism, pedophilia, sex crimes, predation and abuse in every workplace, climate change, autocracy, endless mass killings, or falling life expectancy. In the same that Russia needed perestroika from pure socialism, today America needs perestroika from pure capitalism.

Lets examine it together. The world says: America has problems. But its truer, and simpler, to say, that America has capitalism. Has overused capitalism, like trying to use a hammer to heal a sick child, and then wondering why the patient only gets sicker. Every single one of Americas problems is only a surplus of capitalism, and a corresponding deficit of social investment. The opioid epidemic is best seen as a lack of healthcare, opportunity, and safety nets. The mass shooting epidemic is best seen as a kind of regressive social transfer, in which the lives of the poor and the youngthe most vulnerableare sacrificed to juice up the profits of all kinds of industries, from guns to bulletproof backpacks. Fake news, spread by info-monopolies like Facebook, is best seen as a deficit of public media, like the CBC and BBC. And for falling life e...

20:50

These Headlines Say Gold is Building a Base for Something Big "IndyWatch Feed Economics"

These Headlines Say Gold is Building a Base for Something Big by Jeff Clark GoldSilver It may be frustrating to watch the gold price remain dormant as stock markets continue to push higher. But while cryptos and Trump grab...

The post These Headlines Say Gold is Building a Base for Something Big appeared first on The Daily Coin.

20:30

Gold Will Help Restore Confidence in the Financial and Political System (Video) "IndyWatch Feed Economics"

Gold Will Help Restore Confidence in the Financial and Political System Video maneco64 In this report I cover the early market action from London on Tuesday, November 14th, 2017. I also look into the politics of gold and how...

The post Gold Will Help Restore Confidence in the Financial and Political System (Video) appeared first on The Daily Coin.

20:13

Investment in sons crowds out investment in daughters "IndyWatch Feed Economics"

sons crowd out human capital acquisition by daughters.  If all daughters of self-employed men experienced the sisters-only level of transmission, the overall gender gap in self-employment would be reduced by nearly 20 percent.

That is from Elizabeth Mishkin, on the job market from Harvard.

While we are on related topics:

I establish that women in U.S. counties with heavier casualties were more active in starting new businesses after the war [WWII] ended and this difference persists to this day. I also find that single women were more likely to start new businesses than war widows. Evidence in favor of the marriage market channel suggests that reducing opportunity cost is more effective in encouraging women to start new businesses than merely providing financial subsidies.

That is from Patrick Luo, also on the job market from Harvard.

The post Investment in sons crowds out investment in daughters appeared first on Marginal REVOLUTION.

20:00

2:00PM Water Cooler 11/14/2017 "IndyWatch Feed Economics"

Today's Water Cooler: Grinding teeth, Roy Moore, Keith Ellison on 2018, Bill Clinton, parade of The Aghast, small business optimism, Waymo, video gaming on Twitch

20:00

November 14: Daily Contrarian Reads "IndyWatch Feed Economics"

Global Money On The MoveLast Weeks Big Reversals ..But suddenly, right when everything looked so wonderful, there are indication of Money on the Move. And the issues appear to go beyond delays in implementing U.S. corporate tax cuts. The S&P500 declined only 0.2%, ending eight consecutive weekly gains. But the more dramatic moves were elsewhere. []

19:42

No Country For Sgt. Esterhaus "IndyWatch Feed Economics"

One of the great philosophers of recent times was surely Sgt. Easterhaus of Hill Street Blues. As he assigned his men to their daily rounds in the crime infested streets of the Big Apple he always ended the precincts morning call with his signature admonition: Lets be carful out there. That wisdom has been long lost on []

19:29

Free eBook: A short history of co-operation and mutuality "IndyWatch Feed Economics"

When was the first co-operative or mutual? The spread of customer owned co-operatives in nineteenth century Britain is well-known and celebrated. Yet there are also precursors of co-operation and mutuality before this in countries right across the world.

In his new book launched today (14 November), Ed Mayo brings together this rich story for the first time in A short history of co-operation and mutuality.

Covering everything from the Commons to lending circles to labourer societies, this is a fresh take on the origins of co-operation form a leading voice in the global co-operative movement.

Download the book in English and Spanish

 

Go to the GEO front page

19:25

A Tour of French Communities and Projects "IndyWatch Feed Economics"

When I left the metro station in Vanves, south of Paris, I discovered a pretty, modern and flowery city. Just a few steps from the station, I found the porch I had been told to look for, and crossed beneath it to find the participative habitat where I would spend a week. It was a large building, nestled between the wall of the cemetery and the surrounding houses, wrapped around a tree-lined garden. Suzanne, a young retired woman, welcomed me and gave me a tour of the property.

La Fonderie is a project begun in 1984. This building was first a factory, bought by a developer forced to buy it as part of a lot, but who didnt know what to do with it. He was delighted when the families (first 3, soon 10) offered to buy it so they could do some work and make their participatory housing project a reality.

Read the rest at Commons Transition

 

Go to the GEO front page

19:00

Debt, Taxes and Politics: An Updated Perspective on Federal Tax History "IndyWatch Feed Economics"

By Jill Mislinksi With the Republican tax bill looming, we've updated this article to include the latest figures and estimates for federal debt and taxes. Federal debt is defined as "the gross outstanding debt issued by...

18:55

Health Care: Pain City in the Burbs "IndyWatch Feed Economics"

The suburbs are home to 44% of the overall population and 38% of the uninsured population. The uninsurance rate among suburbanites is 15%.

18:52

Mideast Turmoil: Follow the Oil, Follow the Money "IndyWatch Feed Economics"

While there are numerous dynamics at work in the turmoil roiling Saudi Arabia and by extension, the Mideast, one way to cut to the chase is to follow the oil, follow the money. Correspondent B.D. recently posited a factor that has been largely overlooked in the geopolitical / fate-of-the-petrodollar discussions:

Perhaps the core dynamic is a technical one of diminished oil production. Here is B.D.s commentary:

I think the Saudis may be quickly running out of profitable oil to produce/export.

I think they tried to over-produce for a while to damage the competition and they now have production issues resulting from that. (As has happened in the past)

I think they may have recently slipped over the event horizon for being the worlds swing producer of cheap-ish and abundant oil. That has huge ramifications for the global markets ability to quickly respond to supply/demand fluctuations.

I suspect theyre no longer cutting production voluntarily they are now in the grip of a technically driven decline in output. (Why else begin selling off ARAMCO now?)

I doubt that many national economies can handle $70+ oil for very long price will be limited by the ability of the consumers to pay. What I assume should happen is relentless severe volatility in the absence of a big swing producer that can open up or shut in production with comparative ease.

Thank you, B.D. Lets start with whats well-established about Saudi oil production:

1. The days of sticking a straw in the sand and oil gushing out are long gone. Oil production now depends on costly technologies such as pressurizing the wells with seawater, CO2, etc.

2. The soaring population of Saudi Arabia is dramatically increasing domestic consumption of the Kingdoms oil, reducing the amount of oil available for export.

3. The industry is skeptical of official Saudi estimates of proven reserves and production capacity.

Lets sketch a conjectural scenario which explains the extraordinary purges and power plays underway in Saudi Arabia:

1. As B.D. posited, Saudi production is already flat-out, and there is...

18:00

Junk Bonds, Transports, and the Yield Curve "IndyWatch Feed Economics"

By Matthew Kerkhoff Right now there appear to be three main sources of concern for bulls: high-yield bonds, the Transports, and the slope of the yield curve. Lets examine each of these individually to see if they warrant a change in...

Comex Gold Sees 'Another Large Sell' as Bullish Silver Betting Grows to 7-Week High "IndyWatch Feed Economics"

By Adrian Ash COMEX gold contracts recovered a $5 drop against a weakening US Dollar in London lunchtime trade Tuesday, rising back to last week's finish at $1275 after what analysts called another "large sell" order on...

Why Populism Isn't Going Away "IndyWatch Feed Economics"

By Mises Institute The vote for Brexit and the election of Donald Trump has baffled the mainstream and the establishment. Most market participants and observers didn't believe ex-ante that they were possible and as a...

17:19

New Report Shines Light on Groundbreaking Catalan Cooperative "IndyWatch Feed Economics"

An intriguing blueprint for a post-capitalist world is gradually being built in a converted spa in Barcelona, Spain.

09:00

Capitalism Is Not the Only Choice "IndyWatch Feed Economics"

We have opportunities every day to build economies that lift each other up and spread joy.

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