|IndyWatch Economic News Feed Archiver|
IndyWatch Economic News Feed was generated at World News IndyWatch.
This is a paid sponsorship by: - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.com/StemCell Good evening, Im still reporting on: Conway Bashes Left Mob From the Oval Office, 2405 Synopsis: Super-rapper Conway West blistered the far left mob from the oval office yesterday. And thats what they really are the mob. They can no longer operate by the civil argument process that has maintained our democratic republic for the last 242 years. Their only remaining hope of regaining power is by threats, intimidation and outright violence. Tucker Carlson backed up Conways performance at President Trumps Oval Office desk last night. SUPPORT OUR SPONSORS: -- Nobel Gold. Go to Trumpcoin2020.com and use the code Coin to save $5 per coin, or text Coin to 511511. -- Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill -- The Crypto Advisors, buy, sell, invest, safeguard cryptocurrencies such as Bitcoin. Call 888-844-7806, or visit online at: www.TheCryptoAdvisors.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.com/StemCell - Cheap Cable TV - Call 1-888-742-8847. Click now: http://CheapCableTV.com Patriot Charger.com, 1-866-566-8930 -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.c...
This is a paid sponsorship by: - Cheap Cable TV - Call 1-888-742-8847. Click now: http://CheapCableTV.com Good evening, Im still reporting on: Trump Let the Senate Decide on Declassification, 2403 Synopsis: Last night late night anchor Shannon Bream a Liberty University graduate snared a surprise live telephone interview with President Trump. Bream, who is wayyyy underrated in our opinion, did a great job at questioning the President. Early on, she elicits an amazing response from the President regarding whether he will de-classify documents which Rod Rosenstein and company do not want to be made public. The excuse the coup plotters always use in stonewalling declassification is that it would reveal the darkest secret of them all a secret so secret that only the intelligence community of Tahiti has not heard this unless they stumble upon the Wikipedia entry for Five Eyes. So here is the secret. The U.S. is involved in an intelligence alliance with Australia, Canada, New Zealand, and the United Kingdom, knows as the Five Eyes. These five countries share SIGINT or signals intelligence among each other in a way that circumvents various privacy laws established in the 5 nations. SUPPORT OUR SPONSORS: -- Nobel Gold. Go to Trumpcoin2020.com and use the code Coin to save $5 per coin, or text Coin to 511511. -- Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill -- The Crypto Advisors, buy, sell, invest, safeguard cryptocurrencies such as Bitcoin. Call 888-844-7806, or visit online at: www.TheCryptoAdvisors.com - Trade Genius. Learn To Profit Everyday In the markets! Click Here - http://www.tradegenius.co - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.com/StemCell - Cheap Cable TV - Call 1-888-742-8847. Click now: http://CheapCableTV.com - Discount Tool Set - Click NOW on: http://DiscountToolSet.com/ -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Tim...
This is a paid sponsorship by: Patriot Charger.com, 1-866-566-8930 Good evening, Im still reporting on: YouTube Demonetizes 4 year old Video, 2404 Synopsis: SUPPORT OUR SPONSORS: -- Nobel Gold. Go to Trumpcoin2020.com and use the code Coin to save $5 per coin, or text Coin to 511511. -- Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill -- The Crypto Advisors, buy, sell, invest, safeguard cryptocurrencies such as Bitcoin. Call 888-844-7806, or visit online at: www.TheCryptoAdvisors.com - Trade Genius. Learn To Profit Everyday In the markets! Click Here - http://www.tradegenius.co - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.com/StemCell - Cheap Cable TV - Call 1-888-742-8847. Click now: http://CheapCableTV.com - Discount Tool Set - Click NOW on: http://DiscountToolSet.com/ -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill https://www.reddit.com/user/billstills/ http://www.stumbleupon.com/stumbler/billstillss Consider becoming a Patreon sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/YKMqjava18w
This is a paid sponsorship by: -- Nobel Gold. Go to Trumpcoin2020.com and use the code Coin to save $5 per coin, or text Coin to 511511. Good evening, Im still reporting on: Tucker - The Google Agenda, 2402 Synopsis: For the last few months, Tucker has pledged to follow this story whenever he can and he has followed through on that pledge. In tonights edition, Tucker brought in how Google is now openly working with the Chinese communist government to help control their population. Fortunately, towards the end, he highlights the main reason Google is succeeding they pay more protection money to Congressional politicians through Washington D.C. lobbyists than any other corporate entity. SUPPORT OUR SPONSORS: -- Nobel Gold. Go to Trumpcoin2020.com and use the code Coin to save $5 per coin, or text Coin to 511511. -- Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill -- The Crypto Advisors, buy, sell, invest, safeguard cryptocurrencies such as Bitcoin. Call 888-844-7806, or visit online at: www.TheCryptoAdvisors.com - Trade Genius. Learn To Profit Everyday In the markets! Click Here - http://www.tradegenius.co - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.com/StemCell - Cheap Cable TV - Call 1-888-742-8847. Click now: http://CheapCableTV.com - Discount Tool Set - Click NOW on: http://DiscountToolSet.com/ -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pintere...
A Safe Haven Bid for Silver and Gold, or is It? Video Silver Fortune With the stock market tanking over the last two days, we witnessed a significant rally for precious metals. But how related were the two events?...
The post A Safe Haven Bid for Silver and Gold, or is It? (Video) appeared first on The Daily Coin.
Senate Candidate Kyrsten Sinema Defended Collaborator With Terror Group That Raped Women & Murdered 5-Year-Old by Tim Brown Freedom Outpost US Senate candidate and Representative Kyrsten Sinema (D-AZ) not only promoted the criminal attorney that defended the Blind Sheikh...
US Treasury Issues More Bonds, But No One Wants Them by Mac Slavo SHTFPlan In an attempt to feed the soaring debt and spending habits of the United States government, the US Treasury is issuing more bonds. But theyve run into...
The post US Treasury Issues More Bonds, But No One Wants Them appeared first on The Daily Coin.
Media Losing Their Minds Over Kanye Trump Meeting Video Mark Dice Video Source
The post Media Losing Their Minds Over Kanye Trump Meeting (Video) appeared first on The Daily Coin.
Moving Rapidly Toward Official Explanations Only
4 Pillars of Debt in Danger of Collapse by Nomi Prins Daily Reckoning Last month I was in a series of high-level meetings with members of Congress and the Senate in Washington. While theres been major news about the...
Report: Recordings prove killing of Jamal Khashoggi Video Fox News Video Source
The post Report: Recordings prove killing of Jamal Khashoggi (Video) appeared first on The Daily Coin.
Wouter Tebbens, Co-Founder and President of the Free Knowledge Institute; Chris Croome from UK co-op Webarchitects; Alexandre Bourlier and Sophie Rocher from happy-dev.fr discussing their work developing a suite of cooperatively owned and managed open source tools to rival Google and Apple; a shared technical infrastructure to enable co-operators to move away from data harvesting monopolies.
Go to the GEO front page
Welcome to the convergence zone of the long emergency, where Murphys law meets the law of unintended consequences and the law of diminishing returns, the Three Amigos of collapse. Heres where being woke finally starts to mean something. Namely, that there are more important things in the world than sexual hysteria. Like, for instance, your falling standard of living (and that of everyone else around you).
Valued Preparations & Preparedness BEFORE The Crisis Hits by Ken Jogustin Modern Survival Blog It is SO EASY to be complacent. To be confident or satisfied that all is well and all will be well. Its all good, chill...
The post Valued Preparations & Preparedness BEFORE The Crisis Hits appeared first on The Daily Coin.
From China to Saudi Arabia, today's authoritarian regimes are suddenly and covertly abducting people, including well-known figures and high-ranking officials, to be detained or worse. It's an old and effective tactic for silencing opponents, but those reviving its use may end up regretting their decision.
Working as a dishwasher at the Philadelphia Marriott Downtown, Amos Troyah made about $30,000 in a recent 12-month period. Roughly $2,000 of it was spent on an especially frequent expense: fees on his checking and savings accounts at the Marriott Employees Federal Credit Union.
The fees came in increments like $6 and $10 minimum-balance fees, excess-transaction fees, automatic money-transfer fees. On occasion, they were joined by that pooh-bah of personal finance charges, the overdraft fee, at a hefty $35.
Thousands of Marriott workers around the country are on strike, complaining that stagnant wages and unsteady hours have made it difficult to stay afloat. At a time when they are under particular pressure, the credit union may be adding to their struggles. Other employees said Mr. Troyahs experience with fees was common.
Go to the GEO front page
Ingraham: Liberals freak out as Trump reaches out Videos Fox News Ingraham: Liberals freak out as Trump reaches out Candace Owens: Kanye understands exactly what hes doing Turning Point USA communications director and friend of the rapper blasts the...
The post Ingraham: Liberals freak out as Trump reaches out (Videos) appeared first on The Daily Coin.
Courtesy of JB. Jim Jim/Bill, Peter Pan comes back from flying high, but finds nowhere to land! Look for the golden runway mboy. CIGA Wolfgang Rech Dont Hold Your Breath For A Powell Put To Protect From The Market Plunge October 11, 2018... Read more
The Trump administration knows that a key source of US economic leverage is the dollars role as the worlds dominant reserve currency. Countering Americas disproportionate power to destabilize the global economy thus requires reducing the share of international trade conducted in dollars.
In this week's Off The Cuff podcast, Chris and Wolf Richter discuss:
Recorded Wed as the market was in full melt-down mode, Chris and Wolf Richter decode the underlying drivers of the sudden reversal, and peer into the future to predict what is most likely to happen next. Both agree that, whether stocks are briefly 'rescued' in the ensuing days, the long-awaited downward re-pricing of the 'Everything Bubble' is nigh.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com's other premium content.
As Benefits Increase, Social Security Remains on Unsustainable Path swinn Fri, 10/12/2018 - 10:39
Social Security benefits for more than 67 million Americans will increase 2.8 percent next year, the federal government announced yesterday. The increase, which is tied to the governments Consumer Price Index (CPI), is the highest in seven years.
While older Americans may well cheer such an increase from a personal standpoint, it should also serve as a reminder to elected officials and Americans of all ages that Social Security -- along with Medicare -- is on an unsustainable path of rising costs and increasing reliance on general federal revenue.
Excessive inflation could increase the challenges of entitlement reform, particularly for Medicare because some drugs and other medical costs are already rising rapidly.
In their annual report four months ago, the Social Security and Medicare trustees reiterated the need for responsible reforms to both programs.
With an aging population and rising health care costs, the federal government must spend more each year just to provide the same level of Medicare and Social Security benefits to a larger group of beneficiaries.
In addition, however, many economists say the formula for Social Securitys cost-of-living increases is flawed and overstates the impact of inflation on beneficiaries. This means they receive higher benefit increases than are actually warranted by inflation.
A reasonable reform would be for the government to switch to a more accurate measure of inflation for all of its programs, including Social Security. This index, known as chained CP...
Alfred Eisenstaedt Egyptian Fishing Boats. Suez Canal near Port Said 1935 According to Middle East Eye, Richard Branson, Andrew Ross Sorkin, Economist editor-In-chief Zanny Minton Beddoes, World Bank president Jim Yong Kim, New York Times, Financial Times, Uber CEO Dara Khosrowshah, Viacom CEO Bob Bakish and AOL founder Steve Case have all withdrawn from
Gold set to climb to $1,300? Bank of America thinks so by TOM LEWIS Gold Telegraph According to the Bank of America Merrill Lynch, gold is set to take a run over the next year due to the constant cloud of...
The post Gold set to climb to $1,300? Bank of America thinks so appeared first on The Daily Coin.
The Next Financial Crisis Is Staring Us in the Face All it takes to see it is a long look in the mirror. Bloomberg, October 8, 2018 The financial crisis ripped through Wall Street 10 years ago, pushing the global economy to the edge of the abyss. One might think those searing
Sign up for our weekly Top of the Charts emails here
We start with a warning about turning on the radio whenever Ive risked it this week Ive kept hearing the words John Major and poll tax. Its like the 1990s all over again. Even Noel Gallagher seems to have re-emerged from some Brit-pop time machine and Brexit definitely has a mid-90s vibe to it. The only reassurance that we are in fact in the 21st Century is that its Strictly stars, rather than Members of Parliament, winning the most high profile snog awards these days. What a time to be alive.
To perk us all up, this weeks selections have a far more positive vibe. We bring you news of happy Uber drivers, good news for rich idiots, forward planning in Doncaster and the growing political divide between the have-docs and the have-yachts.
Have a good weekend,
Director, Resolution Foundation
Happy Ubering? This week Uber has been in the news yet again after drivers went on strike to demand a fare increase, reduction in commission taken by the company, and an end to unfair driver deactivations. But is working for Uber, and in the gig economy more generally, a satisfying job for participants? A recent study (summary here) from Oxfords Martin School takes a look at wellbeing among Londons Uber drivers. Uber enabled the work but its by serious people and has a balanced conclusion, finding that drivers experience higher life satisfaction than other London workers on similar incomes but also higher levels of anxiety. Views among drivers are also polarized between the majority who enjoy flexible work (a majority came from a previous permanent job), and minority who dont, would prefer fixed hours and hence feel dissatisfied and anxious. Turns out its complicated finding a 21st-century labour market that works for everyone although giving all drivers a bit more cash and control would get thumbs up all around Id have thought.
Have-docs vs have-yachts. Continuing my recent theme on why...
US President Donald Trump's goals in renegotiating the North American Free Trade Agreement were to reduce the current-account deficit and restore US manufacturing jobs. But the new United States-Mexico-Canada Agreement fails on both counts and will reduce US employment and weaken American producers' position in international markets.
US Army Wants 250,000 Next-Gen Combat Rifles And 150 Million Bullets from ZeroHedge TDC Note I want one!! #### The US Armys chief of staff said Monday that the next-generation squad weapon would fire faster, farther than previous infantry rifles...
The post US Army Wants 250,000 Next-Gen Combat Rifles And 150 Million Bullets appeared first on The Daily Coin.
The Disruptive Effect of the Fed on the Dow/Gold Ratio Video maneco64 Video Source
The post The Disruptive Effect of the Fed on the Dow/Gold Ratio (Video) appeared first on The Daily Coin.
October Horror On Wall Street: Investors Nervously Watch To See If The S&P 500 Will Bounce Back Above Its 200-Day Moving Average by Michael Snyder The Economic Collapse Is this going to be another October to remember for Wall...
Tough week. Finish strong with our morning train reads: The Walt Disney Of Retail: Meet The Billionaire Building The Malls Of The Future (Forbes) Your Work Is the Only Thing That Matters (Medium) The banana is dying. The race is on to reinvent it before its too late (Wired) see also U.S. garlic growers are in love with
China China China Not Russia, Dow Crashes, Kanye Backs Trump by Greg Hunter USA Watchdog TDC Note Why are so many people upset that Kanye West and Candace Owens like President Trump? Its a fair question. You would...
The post China China China Not Russia, Dow Crashes, Kanye Backs Trump appeared first on The Daily Coin.
Many people think that innocent until proven guilty implies that everyone should be let loose on their own recognizance before trial. A moments thought reveals that this is idiotic. The white supremacist Dylann Roof killed nine people on June 17, 2015 at the Emanuel African Methodist Episcopal Church. His image was captured on security cameras and he was arrested the next day. Roofs trial, however, didnt start until more than a year later, December 7, 2016, and he wasnt convicted of anything until December 15, 2016. Should Roof have been released before trial because he was innocent until proven guilty? Of course not. I stand second to none in demanding high standards before the state can deprive a person of their liberty but high standards do not demand binary divisions. Tradeoffs are everywhere and when the evidence against the accused is strong and the danger to the public is high, its not unreasonable to deprive the legally innocent of some liberty prior to trial. The tradeoffs are ugly, as they always are when trading off two sacred values, but the tradeoffs cannot be avoided.
Consider now the issue of bail reform. In the days when the default was that every accused person was held before trial, the idea of money bail was seen as a liberal, progressive measure that allowed more people to get out of jail. Today the natural default is seen as release until trial and bail is therefore perceived as a conservative, regressive measure that unjustly and unfairly keep poor people in jail. As a result, reformers are trying to reduce or eliminate money bail but they are doing so without thought for the ugly tradeoffs.
The bail reformers frame the issue in a way that I think is misleading. Anytime someone cant pay for bail they call that unaffordable bail. Well thats literally true but it also gives an incorrect impression of destitute people being denied their freedom because they dont have a buck. To be sure that does happen but heres an open secret of the judicial process. Judges sometimes set bail expecting and indeed hoping that it wont be affordable. Everyone knows this but the bail reformers dont like to acknowledge it because it brings up the ugly tradeoffs. Consider the following, from Chicago, where the bail reform movement is very active:
there are about 2,700 people being held in jail because they cant afford bail but [the Chicago court official noted] 87 percent had a current violent or weapons-related charge, a risk assessment recommending maximum conditions if released, an assessment flagging them for violence, and/or an active probation or parole case.
In other words, the judges set a hig...
When I was at the Bureau of Economics at the FTC, we were asked by Congress whether using credit histories to price car insurance was discriminatory. The resulting FACTA report found that:
- as a group, African-Americans and Hispanics tend to have lower scores than non-Hispanic whites and Asians.
- scores effectively predict risk of claims within racial and ethnic groups.
- The Commission could not develop an alternative scoring model that would continue to predict risk effectively, yet decrease the differences in scores among racial and ethnic groups.
As a result, banning the use of credit scores would result in insurers finding other, less good and possibly discriminatory methods of distinguishing high from low risks, like selling insurance only in low risk areas. Good drivers living in higher risk areas would be pooled with other drivers living in the high risk area, and would have to pay higher rates.
Adam Smiths words are
The man of system, on the contrary, is apt to be very wise in his own conceitHe seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chess-board. He does not consider that the pieces upon the chess-board have no other principle of motion besides that which the hand impresses upon them; but that, in the great chess-board of human society, every single piece has a principle of motion of its own, altogether different from that which the legislature might choose to impress upon it. If those two principles coincide and act in the same direction, the game of human society will go on easily and harmoniously, and is very likely to be happy and successful. If they are opposite or different, the game will go on miserably, and the society must be at all times in the...
Why the Middle Class Is Screwed by Robert Kiyosaki Daily Reckoning Last December, Congress passed the largest U.S. tax system overhaul in more than 30 yearsa $1.5 trillion tax cut, but Americas middle class will see less than a...
All is not well in the land of Universal Credit (UC). Cabinet ministers are angsting in private about the challenges of rolling out this governments single biggest domestic policy reform. Two ex-Prime Ministers are worrying in public that the benefit risks becoming a new poll tax. And Labour has (rhetorically at least) promised to scrap it. The political heat reflects, and at times increases, real public concerns about delayed payments or increased food bank use.
So its clear that the status quo is neither desirable nor sustainable. While poll tax analogies are overdone, a benefit that will provide core state support to seven million families requires public support to have any hope of success. UC does not have that support today.
But the status quo being unsustainable tells us nothing on its own about where we go from here. To answer that question its worth understanding exactly whats driving concerns. Crucially, this involves recognising that a lot of what gets thrown around in debates about UC is not directly related to the benefit itself. On this front some honesty from both UCs supporters and opponents is badly needed if were to get to where we need to be providing fit-for-purpose support to the poorest third of Britains families.
Just as detractors are wrong to claim that UC is responsible for increases in poverty to-date (although it may be in future), supporters should stop pretending UC has driven Britains record employment boom that began in 2013-14 when a grand total of 2,000 people were on it. Instead, they should focus on the real improvements the system can bring if it precipitates higher take-up, not least by easing the transition into (and out of) work. The Office for Budget Responsibility estimates that increased take-up could mean 700,000 families benefiting by an additional 2.9 billion a year. With this goal in mind, its clear that UCs reputational challenges are of grade-one importance you cant drive up take-up with a system that people are anxious about.
To that end, its essential that...
The newest generation of market traders and economists were still in high school and college when the 2008 crash hit equities. For the entirety of their careers, they have experienced nothing but an artificial economy supported by ongoing stimulus from central banks. They know of nothing else and know little of history, and thus they cannot fathom the possibility that central banks will one day pull the plug on their fiat life support.
Amid Market Rout, Decade of Financial Repression Ends, Capital Preservation Suddenly is a Thing by Wolf Richter Wolf Street This will dog the stock market going forward. Fixed-income investors a financially conservative bunch buying Treasury securities, FDIC-insured CDs,...
The post Amid Market Rout, Decade of Financial Repression Ends, Capital Preservation Suddenly is a Thing appeared first on The Daily Coin.
Swamp Being Drained, Hint Of A Time Line Video X22 Report RR will not hand over the subpoenas and will not testify in front of congress. Judicial Watch has court date to get the emails from the Clinton server....
Today in funny stories about cars I almost bought: About 4 1/2 years ago, we were in our first year of having just launched RWM; we were also 2 months away from our closing date to purchase the home we currently live in deep made more complex by the sellers ugly divorce. It was
Dear Google CEO Sundar Pichai, Where Have You Buried the Great European-American Inventors? by Robert Bridge Strategic-Culture In the overarching grand scheme of things, what follows may seem trivial, mundane and beneath Googles awesome sense of importance to warrant...
The post Dear Google CEO Sundar Pichai, Where Have You Buried the Great European-American Inventors? appeared first on The Daily Coin.
After a year and a half of negotiations with the European Union, the British government is no closer to a divorce agreement than it was when it invoked Article 50 of the Lisbon Treaty in March 2017. Sooner or later, Britons will have to choose between self-destruction and no Brexit at all.
Tuberculosis continues to kill millions around the world each year, especially in Africa. Eradicating the disease is possible, but only if African governments begin developing a multi-sector, integrated approach to containing and controlling it.
M. C. Escher Order and chaos 1950 Donald Trump is Right About the Fed (Whalen) Stocks Could Fall 40% To 50% To Reach Fair Value Yusko (CNBC) 4 Pillars of Debt in Danger of Collapse (Nomi Prins) The Dollar and its Discontents (Eichengreen) China September Exports Surge, Creating
The Real Truth Behind Kanye West and Donald Trump Video We Are Change In this video, we give you the latest breaking news on the real truth being Kanye West and Donald Trump meeting at the White House today....
The post The Real Truth Behind Kanye West and Donald Trump (Video) appeared first on The Daily Coin.
With growing slums and emissionsbut limited capacity to tackle the problemsthese cities are where action will be crucial, experts say.
Unloved gold sector regains shine with mergers, price spike by Cecilia Jamasmie Mining Merger and acquisitions in the precious metals sector are gaining momentum following Barricks recently announced $6.1 billion-deal to acquire Randgold Resources. Shortly after, Canadas Americas Silver (TSX:USA) announced...
The post Unloved gold sector regains shine with mergers, price spike appeared first on The Daily Coin.
Stockman on Trump Blaming Fed for Correction: Rates Still Underwater, Carnage Just Getting Started Video David Stockman Video Source
Gold Prices Fall Even as Italy Pays Bond Investors More Than Greece, Brexit No Deal Now Evens by Adrian Ash Bullion Vault GOLD PRICES failed to hold a rally above $1190 per ounce for the second day running in...
The post Gold Prices Fall Even as Italy Pays Bond Investors More Than Greece, Brexit No Deal Now Evens appeared first on The Daily Coin.
Grid Down: Collapse of Critical Infrastructure Video Canadian Prepper An analysis of how the 16 sectors of critical infrastructure as identified by the dept. of homeland security will be impacted by disasters of a national scope. Video Source
The post Grid Down: Collapse of Critical Infrastructure (Video) appeared first on The Daily Coin.
We are delighted to invite our members and energy professionals to Asia Energy Storage Association's first Annual Energy Storage Conference under the auspices of Asia Clean Energy Summit during Singapore International Energy Week on 1 November 2018
Is this going to be another October to remember for Wall Street? As I have explained previously, the month of October has historically been the worst month by far for the U.S. stock market, and it has also been the month when our most famous stock market crashes have taken place. The stock market crash that started the Great Depression in 1929 happened in October. The largest single day percentage decline in stock market history happened in October 1987. And most of us still remember what happened in October 2008. So will we be adding October 2018 to that list? Well, so far things are certainly moving in that direction. Between Wednesday and Thursday, the Dow Jones Industrial Average plunged a total of 1,378 points. And the S&P 500 has now broken below the all-important 200-day moving average. If the S&P 500 bounces back above the 200-day moving average on Friday, that will be a sign that things have stabilized at least for the moment. If that doesnt happen, all hell might break loose next week.
Personally, I believe that the S&P 500 will bounce back on Friday, but that doesnt mean that the crisis is over. Remember, some of the best days in stock market history happened right in the middle of the financial crisis of 2008. During market panics, we should expect to see dramatic ups and downs. When markets are calm, that is good news for stocks, but when markets start swinging wildly that is usually a sign to start heading for the exits.
And without a doubt, we have witnessed quite a bit of volatility over the past two days
-The Dow Jones Industrial Average is now down almost 2000 points from the all-time high that was established just last week.
-The S&P 500 has now fallen for six trading sessions in a row. That is the lon...
What if the President and the Senate Just Pulled a Fast One? By Andrew P. Napolitano Lew Rockwell What if the whole purpose of an independent judiciary is to be anti-democratic? What if its job is to disregard politics? What if...
The post What if the President and the Senate Just Pulled a Fast One? appeared first on The Daily Coin.
Follow Up: Getting Ahead of the Story- Rosenstein & McCabe Video Tracy Beanz Video Source
The post Follow Up: Getting Ahead of the Story- Rosenstein & McCabe (Video) appeared first on The Daily Coin.
The Myth Of The Eternal Market Bubble And Why It Is Dead Wrong by Brandon Smith Alt-Market Economic collapse is not an event it is a process. Ive been saying this since the initial 2008 crash, and I...
The post The Myth Of The Eternal Market Bubble And Why It Is Dead Wrong appeared first on The Daily Coin.
Here we arrive at one of the least appreciated factors in the equation that led to the Union victory: the military service of immigrants. Foreign-born recruits provided the Union army with the advantage it needed over its Confederate rival. An estimated 25 percent of the soldiers in the Union army (some 543,000) and more than 40 percent of the seamen in the navy (84,000) were foreign-born. If one includes soldiers with at least one immigrant parent, the overall figure climbs to 43 percent of the Union army
The demands of war meant that Union officials needed to appeal to immigrants. Military recruitment placards were printed in foreign languages; Union officials presented the war as part of a transnational struggle for republican government, thereby decoupling the idea of the nation from Anglo-Saxon Protestantism
The military service of the foreign-born did more than enhance the Unions advantage in the field. It also transformed the politics of nativism in the United States. From the nativism of the 1850s, exemplified by Know-Nothingism and bigoted anti-Catholicism, the Union now moved in the direction of welcoming indeed, encouraging foreign arrivals.
That is all from the new book by Jay Sexton, A Nation Forged by Crisis: A New American History.
The post The Civil War boosted Northern support for immigration appeared first on Marginal REVOLUTION.
They Are Trying To Silence Us As Media Suffers Its Worst, Most Humiliating Chapters In Modern Journalism, Independent Media Is Needed Now More Than Ever By Susan Duclos All News PipeLine TDC Note I have been on GAB...
A strange, sad, and beautiful thing happened today. I will struggle to express it well, so forgive me. Still, I want to share it with you.
I was in my perfect little worldthe quiet, tiny street where I go to have coffee every day, and think my thoughts, in peace and solitude, just standing there, watching the tourists browse the shops, crowd the cafe, laughing as they stroll. A man walked by me, limping, disheveled. Id seen him before, shuffling slowly by. A refugee of some kind. I saw him sit in a chair outside one of the restaurants, barely noticing, really, and went back, to thinking about the economy the world, big and abstract things.
I sipped my coffee slowly, and the minutes went bywho can say how many? Time slips by, when Im alone, lost in thought. I looked up at again. Something was wrong. There was the same man, only now he had collapsed, one leg at a wrong angle, on the cobblestones, just in front of the barbershop, from which the barbers had run, and were trying to rouse him. I frowned. Was he drunk? High? Its not unusual. But they looked concerned, in a different way. Alarmed. Maybe panicked. One of them picked up his phone.
Two paramedics on bicycles sped by me. They dashed to the fallen man. One ripped open the mans shirt, and started pumping his chest. The other took out a portable defibrillator, and charged it. Clear! They shocked him. One looked at the other, and shook her head. No success. The first one started doing CPR again. The other, worry on her face, spoke urgently but calmly into her radio.
Now, my street has its regulars, and every street with its regulars has its pace, its rhythm, its movement. Ours is slow, langorous, unhurried. The air of a bygone world, if you like. There is the old Italian man, who works at the little perfumery. The barbers who wax beards, the girls at the stationary shop, the models at the photo studio. Like buoys in a suddenly tossed ocean, we glanced at each other, confused, worried, not knowing whether to be shocked. Death had come to our perfect and peaceful little street. The world we try so studiously to avoidthe one teeming with chaos, confusion, bent over in delusion and painhad arrived at our door, and shattered it like glass. A stunned disbelief ripped through this human fabric.
An ambulance howled in. Two men raced out. One took out a toolkit of some kind, as the other gave the fallen man an IV. The doctor with the toolkit unpacked it furiously, snapped on a pair of gloves, and strapped the fallen man down. Two policemen ran down the street, and one held up a green sheet. One of the doctors raised his arm, and then seemed to cut into the fallen man. The ot...
The Bull Market in Bonds Still Has Legs by Jim Rickards Daily Reckoning Is the thirty-seven year bull market in U.S. Treasury notes dead? Yields to maturity on 10-year U.S. Treasury notes are now at their highest level since...
Most smallholders in Asia face an uphill battle to access credit, leaving them unable to modernise and boost yields - but technology could help change that.
Rates Raised, Market Drops, Whos In The Kill Box, Coincidence? Vide3o X22 Report The plan is in full swing, contradict the Fed, let everyone come to the Feds defense that they are doing the right thing, raising rates is...
The post Rates Raised, Market Drops, Whos In The Kill Box, Coincidence? (Video) appeared first on The Daily Coin.
Indians Buying Gold in the Midst of Their Stock Market Downturn from Schiff Gold US stock markets plunged Wednesday, shedding over 800 points. Could the be the popping bubble Ron Paul recently said was on the horizon? That remains to...
The post Indians Buying Gold in the Midst of Their Stock Market Downturn appeared first on The Daily Coin.
Max Keiser On The FUTURE Of Bitcoin & The FALL Of The Banking System Video World Alternative Media Josh Sigurdson talks with Max Keiser of The Keiser Report on RT about the future of Bitcoin and blockchain technology as...
The post Max Keiser On The FUTURE Of Bitcoin & The FALL Of The Banking System (Video) appeared first on The Daily Coin.
Empire Loyalists Grieve Resignation Of Moderate Psychopath Nikki Haley by Caitlin Johnstone World War Three proponent and US Ambassador to the UN Nikki Haley has announced her resignation today, to the dismay of establishment bootlickers everywhere. Nikki Haley, ambassador to...
The post Empire Loyalists Grieve Resignation Of Moderate Psychopath Nikki Haley appeared first on The Daily Coin.
Gold price jolts up as stock markets suffer massive sell-offs by Liam Sheasby Bullion by Post Global stock markets suffered a domino effect of sell-offs today after a heavy day of losses on Wall Street yesterday, with the Dow Jones...
The post Gold price jolts up as stock markets suffer massive sell-offs appeared first on The Daily Coin.
The Left Tried To Overthrow the Senate with Stalinist Approach Videos Judicial Watch The Left Tried To Overthrow the Senate with Stalinist Approach Judicial Watch is Holding the Senate Accountable over Kavanaugh Hearings
The post The Left Tried To Overthrow the Senate with Stalinist Approach (Videos) appeared first on The Daily Coin.
Dirty Deeds Done: The People of the Slough by Doug Uncola Lynn via TheBurningPlatform.com slough (sloo, slou) also slew (sloo) n. 1. A depression or hollow, usually filled with deep mud or mire. 2. also slue A swamp, marsh, bog,...
Got DEPRESSION or anxiety? Try supplementing with Mucuna Pruriens to raise your natural dopamine levels by: S.D. Wells Natural News More than 40 million adults suffer from depression and anxiety disorders the two most common mental illnesses in America. Thats...
Across the globe, countries are figuring out how to bring plants and animals back to abandoned mines. With as many as 60,000 such sites, Australia could offer important lessons.
Claiming it has done all it can to stop plastic waste from choking the oceans, the country's central government pushed the responsibility of solving the problem to local governments and the people.
25 Things We Did as Kids That Would Get Someone Arrested Today by Daisy Luther The Organic Prepper With all of the ridiculous new regulations, coddling, and societal mores that seem to be the norm these days, its a...
The post 25 Things We Did as Kids That Would Get Someone Arrested Today appeared first on The Daily Coin.
Deep State conspiracy to overthrow Trump involved many countries Video The Duran The Durans Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the final truth about the Russiagate hoax, which involves, not only the U.S. Deep State and the Hillary...
The post Deep State conspiracy to overthrow Trump involved many countries (Video) appeared first on The Daily Coin.
IMF Warns About Emerging Markets: Hello Always Late IMF, Global Crisis Coming by Mike Shedlock Money Maven TDC Note Its always best to listen to the people that make the policies and have the plans, especially, when those...
The post IMF Warns About Emerging Markets: Hello Always Late IMF, Global Crisis Coming appeared first on The Daily Coin.
Enter your username and password to login
Exclusive Interview: President Trump calls in to Fox & Friends Video Fox News Video Source
The post Exclusive Interview: President Trump calls in to Fox & Friends (Video) appeared first on The Daily Coin.
End The Fed? No Secret Plan Required! Its Up To YOU Video Gregory Mannarino Video Source
The post End The Fed? No Secret Plan Required! Its Up To YOU (Video) appeared first on The Daily Coin.
The Gold Standard: Protector of Individual Liberty and Economic Prosperity Author Antonius Aquinas Acting-Man A Piece of Paper Alone Cannot Secure Liberty The idea of a constitution and/or written legislation to secure individual rights so beloved by conservatives and among many...
The post The Gold Standard: Protector of Individual Liberty and Economic Prosperity appeared first on The Daily Coin.
I Have No Words: Aerial Footage Shows Trail Of Devastation Left By Hurricane Michael from ZeroHedge Florida search-and-rescue teams are searching for survivors after Hurricane Michael carved a path of devastation through several communities. According to FEMA administrator Brock Long,...
The post I Have No Words: Aerial Footage Shows Trail Of Devastation Left By Hurricane Michael appeared first on The Daily Coin.
Bannonism: The Revolt of the Little Guy Video Sargon of Akkad Steve Bannon, Ex-Trump chief strategist, lays out whats behind Brexit and Trumps populist revolts, Kavanaugh, #MeToo, #TimesUp and more. Video Source
A palm oil company convicted and fined for negligence over fires in its concession is now suing one of the expert witnesses who testified against it in court.
Project Veritas Exposes TN Senate WannaBe Phil Bredesen by Rory The Daily Coin Phil Bredesen, Democrat, TN. believes he is going to be part of the blue wave. I seriously doubt, short of vote rigging, there would be...
The post Project Veritas Exposes TN Senate WannaBe Phil Bredesen appeared first on The Daily Coin.
Taxpayers Shell Out $60k to Pay for Officers Insane Road Rage Caught on Dashcam By Matt Agorist The Free Thought Project A Minnesota cop was caught on dashcam savagely attacking an unarmed man in a fit of road rage...
The post Taxpayers Shell Out $60k to Pay for Officers Insane Road Rage Caught on Dashcam appeared first on The Daily Coin.
Kunstler Asks if Christine Fords Accusation Was Just Another FBI Orchestration
The post Kunstler Asks if Christine Fords Accusation Was Just Another FBI Orchestration appeared first on PaulCraigRoberts.org.
In her book "Together Resilient: Building Community in the Age of Climate Disruption," activist Yana (Ma'ikwe) Ludwig explores the importance of grassroots action in addressing issues like climate change and other critical challenges. In particular, she explores how projects such as intentional communities can have a significant impact on reducing carbon emissions while simultaneously providing many benefits to those within the community. The idea, she argues, is that political action doesn't have to mean sacrifice.
As I wrote, The Democrats and their feminist allies failed the country in their approach to the Kavanaugh hearing. https://www.paulcraigroberts.org/2018/10/06/there-was-no-debate-when-we-needed-one/
Judge Andrew Napolitano underlines my point: https://www.lewrockwell.com/2018/10/andrew-p-napolitano/what-if-the-president-and-the-senate-just-pulled-a-fast-one/
Explain The Chinese Spy, Sen. Feinstein August 9, 2018 Imagine if it emerged that the Republican chairman of the House or Senate intelligence committee had a Russian spy working on their staff. Think it would cause a political firestorm? Well, this month we learned that Sen. Dianne Feinstein (D-Calif.) had a Chinese spy on her... Read more
LIVE STREAM: Trump delivers remarks on efforts to combat human trafficking from Fox News Video Source
The post LIVE STREAM: Trump delivers remarks on efforts to combat human trafficking appeared first on The Daily Coin.
Gold Surprised With A Rally As Stocks and Bonds Crash by Adem Tumerkan Palisade Research This morning, just as I had published my latest macro-piece Ground Zero: Will the Dollar Shortage Kick Off The Next Financial Crisis? I...
The post Gold Surprised With A Rally As Stocks and Bonds Crash appeared first on The Daily Coin.
The public bank effort in Oakland, California continues full steam ahead! Last week, the Oakland City Council voted unanimously to accept the completed feasibility study and examine necessary next steps forward.
Adding to the momentum, Alameda County Treasurer Henry Levy stated not only his support for the East Bay Public Bank, but also his desire to take a leadership role in completing the business plan needed to apply for a bank charter through the State of California. For an elected official to make that sort of commitment represents a giant step forward for the East Bay Public Bank project. Oakland, Berkeley, Richmond, and Alameda County all contributed funds for the feasibility study.
The Friends of the Public Bank of Oakland (now renamed Public Bank East Bay) wrote a response to the feasibility study, which you can read here.
Creating a public bank Gov. Phil Murphys campaign centerpiece has been left on the back burner since his election. But a new report supports the argument that it could play a key role in achieving big public-policy goals. John Reitmeyer writes about it in NJ Spotlight:
The New Jersey Citizen Action Education Funds report suggests that New Jersey may be a prime location for a public-bank revival, given the state has many needs that are not being fully met by commercial banking institutions. It cites gaps in small-business lending, retirement savings, infrastructure investment, affordable-housing financing and the availability of low-cost student loans as examples.
Remember the anonymous Op-Ed from within the Trump administration? Were hardly talking about it any more, and indeed so many major stories from just a few weeks ago seem to be slipping from our grasp. Why?
The nave hypothesis is that we keep turning our attention to the very latest events because so much is happening so quickly. But there have been periods in the past when a lot was happening, such as the financial crisis of a decade ago, and the news cycle seemed stickier then. So this cant be the entire story.
An alternate theory is that there are actually very few true events happening, but there is lots of froth on the surface. Maybe there is only one big event happening, one major transformation underway: a change in the willingness of American political leaders to break with previous norms. If the change is mostly in one direction, then maybe its enough to debate only the most recent news.
That may sound abstract, so here is a concrete analogy. Lets say you are on a sinking ship. You might focus more on the current water level than on where it was in the recent past, except maybe to help you estimate the rate of flooding. In more technical terms, talking about the event of the day is a sufficient statistic for talking about the last two years.
The shorter news cycle also may result from greater political polarization. If people dont frame events in a common way, then a discussion of those events might not last very long. Conversation will return very quickly to the underlying differences in worldviews, and discussion of any particular event will get trampled by a much larger philosophical debate. It does seem like we have been repeating the same general arguments about Trump, populism, gender and governing philosophy for some time now, and we are not about to stop.
Possibly the shorter news cycles are also a result of greater general disillusionment with politics and especially with elites, a theme outlined in Martin Gurris forthcoming book The Revolt of the Public. The really fun stuff might instead be watching mixed martial arts, debating social norms about gender and browsing the Instagram feeds of your friends.
Finally, maybe were all just better at digesting news events more quickly. Perhaps every possible observation, insight and argument gets put on Facebook and Twitter within a day or two, and much of this material is archived. Whats the point of repeating these debates every few months?...
The German Sparkasse, the public banking system that is the backbone of the German economy, will be providing the model and expertise for Greece to create a similar system of regional banks.
As reported in HellasJournal:
The Economy and Development ministry, in an announcement said the two sides agreed to create a system of regional banks in Greece, including both cooperative banks and financial institutions that will result from the initiative of the countrys regions, with the German Sparkassen offering the necessary know-how.
Global Market Selloff across Stocks and Cryptos, but Gold and Silver prices hold gains by: Ronan Manly Bullion Star Global stock markets suffered some of the worst falls of the year yesterday and today with market uncertainty expected to continue. Led...
The post Global Market Selloff across Stocks and Cryptos, but Gold and Silver prices hold gains appeared first on The Daily Coin.
The latest episode of Its Our Money with Ellen Brown addresses what we can do about the dominance of the financial industry over our lives.
Wall Street Owns the Country
So what are you going to do about it? Well, you could join with a growing number of your neighbors in supporting creation of regional and state-owned public banks. Nothing stands in the path of all-consuming usury like the presence of a publicly-owned alternative that doesnt extract the life-blood from an economy. We discuss developments in CA and Los Angeles and get an update on Oaklands process with a former US Treasury Policy Chief, Paul Pryde. Commentator Bob Bows offers his next book installment on how we can turn money into a public utility, and economist and author Mark Anielski discusses his new book An Economy of Well-Being: Common-sense tools for building wealth and happiness.
REFLECTIONS ON MY TRAVELS TO PROUD, REVOLUTIONARY HUNAN PROVINCE by Jeff J Brown China Rising Pictured below: a larger than life white-lacquered brass statue of Mao Zedong, at the bus station where I arrived in Shaoshan. The caption reads,...
The post REFLECTIONS ON MY TRAVELS TO PROUD, REVOLUTIONARY HUNAN PROVINCE appeared first on The Daily Coin.
As outcry grows over the disappearance of journalist Jamal Khashoggi, will Wall Street and US media companies back out of a major Saudi investment conference?
...VIOME S.A. was founded in 1982 as a subsidiary of Philkeram-Johnston S.A. in the outskirts of Thessaloniki, Northern Greece, producing chemical products for the manufacturing sector. Due to the general economic recession and the mall administration, the parent company went bankrupted in 2011, abandoning the plant of VIOME on its own faith. The only thing the former owners left behind was a massive debt, including of course workers unpaid salaries. Desperate and facing the danger of unemployment, VIOME workers, organized in their trade union since 2006, decided collectively to occupy their workplace and called for solidarity. The initial reason for the occupation, beyond its significance and symbolism as a means of struggle, was to make sure that both the production stock and heavy machinery would remain in the factory, hence preventing the owners from selling out everything.One and a half year later, in 2013, together with a great movement in solidarity to the workers struggle, the workers of VIOME endeavored a big step: to take the production on their hands! A cooperative was established, in order to acquire a legal form, and the cogwheel of struggle began to spin. Since that moment, instead of producing super profits for the bosses through the exploitation of the workers, the factory became a source of dignity, equal labor relations and decent remuneration for the members of the cooperative. The second crucial decision that the workers took with the reopening of the factory dealt with the change of production: from constructive materials VIOME would from now on start producing natural detergents, eco detergents and oil soaps, friendly for the environment and human health. Despite its branch in Athens and its e-shop, VIOMEs products are distributed by a number of social centers, squats, cooperatives and small groceries across the country, while they are also exported in collectives abroad.
Mike Maloney: Dangerous Territory for Stocks Video TDC Note This is a repost from August 2018. #### Stock market uncertainty is rising on the heels of an 800 points plunge in the Dow yesterday. In this six-minute video, Mike...
The post Mike Maloney: Dangerous Territory for Stocks (Video) appeared first on The Daily Coin.
After days of picketing, the Moose Jaw Co-op went back to the bargaining table with its union UFCW local 1400 recently. An offer was made but an agreement couldn't be reached.
Tuesday afternoon Rod Gillies, Director of Negotiating for the union that represents Co-op employees released more information regarding the rejection and when the two sides will meet again.
"The result was the majority of the membership voted to reject the employers offer and October 19th has been confirmed for the next bargaining session and we've advised the employer that we would make ourselves available anytime if their calendars opened up and an earlier date could be found."
He said the union also believes that there is discrimination when it comes to pay between men and women, and it's because of the way things are set up.
"Presenting because of the way in which the second tier has been set up. 78% of employees on this lower wage grid are women. This isn't surprising when the employers has set up the second tier which seems to target 6 classifications out of 23 classifications and the 6 classifications are 82% female dominated," said Gillies. "The rhetorical question that I have is, 'is the Co-op actually trying to find the lowest common denominator for wages?' This question is being asked in light of these employees, unlike the competitors industries, are actually the owners of Co-op as well as the rest of the membership in the community."
Go to the GEO front page
This Amazon chart is broken, IMPOV shows the end of the bull market. GG PDF Jim/Bill, China Blinks First In LNG Face-Off With US I beg to differ. Its not called Blinking. Its called Not cutting off your nose to spite your face. As a massive importer of energy to support their huge growth,... Read more
Democrat Senator Justifies Mob Harassment Of Republicans by Tim Brown Freedom Outpost Hirono did not denounce such actions by Democrat supporters who want to form an angry mob like Mad Maxine Waters encouraged them to do to force Trump...
The post Democrat Senator Justifies Mob Harassment Of Republicans appeared first on The Daily Coin.
Since 2015, Budapest-based Cargonomia has acted as a sustainable urban transport centre and local organic food distribution point through its cargo-bike messenger service, bicycle-building cooperative, family-scale organic vegetable farm, organic bakery, wine distributor and network of citizen volunteers.
Cargonomia operates from a hub that serves as the messenger dispatch centre; food box pickup point; do-it-yourself repair workshop for bicycles, clothing and electronics; and logistics centre for sustainable urban transport solutions where community members can borrow locally manufactured cargo-bikes. The site also serves as a space for community activities that focus on sustainable transitions, community building and ways to find alternatives to limitless, consumerist growth.
Go to the GEO front page
Keiser Report: Lets Party! Planets Fate is Already Sealed Video RT In this episode of the Keiser Report, Max and Stacy discuss Trump administrations argument that emissions standards be relaxed as it is now too late to do anything...
The post Keiser Report: Lets Party! Planets Fate is Already Sealed (Video) appeared first on The Daily Coin.
The Next Pandemic Is Coming And America Is Not Ready by: Off The Grid News The next pandemic is just a plane ride away and the United States is not ready for it. For instance, federal funds for fighting pandemics are...
The post The Next Pandemic Is Coming And America Is Not Ready appeared first on The Daily Coin.
Instead, Trumps $1.5 million in tax cuts, according to Moodys, have helped make the rich richer, putting more of the onus of repaying the countrys debt on the poor.
Since 1995, the top 10% of US income earners have experienced an overall median net worth increase of close to 200%, while the bottom 40% of income earners have seen a decline. There has been a particularly sharp increase in wealth and income inequality ratios since the global financial crisis, Moodys noted in a report released on Monday.
Commenter Michael Sandifer left this comment:
One key difference between the current period and 66 is that inflation is tame.
Hes referring to our relatively low inflation:
In contrast, heres the picture as of mid-1966:
In this case, unemployment rose to a peak of 7% in 1961, then gradually trended down to 3.8% in mid-1966. Inflation mostly stayed in the 1% to 2% range, occasionally dipping below 1%, and recently rising above 2%.
Hmmm, that sounds familiar.
I dont expect the next 3 years to look anything like the late 1960s. But if we are to avoid a repeat of the 1960s, it will not be because the current situation is radically different from 1966, it will be because we take steps right now to make sure than the future situation is radically different. And that requires a dramatically less expansionary monetary policy that what the Fed adopted in 1966-69.
In the 1960s, the Fed tried to use monetary policy to drive unemployment to very low levels. Lets not make that mistake again. Better to produce stable NGDP growth, and let unemployment find its own natural rate.
2. Next week: Ben Sasse has a new book out: Them: Why We Hate Each Other And How to Heal.
As if Philip Hammonds job over the next few weeks wasnt tough enough already, the Office for Budget Responsibility (OBR) this morning has published its thinking on how Brexit will make his life harder for many years to come. Already charged with ending austerity (which, as Torsten pointed out last week, is a stretch to begin with) the OBR has set out how uncertainty about Brexit will hang over the governments approach to the public finances for quite some time.
To date, the OBR has only built in a limited set of Brexit-related impacts into its forecasts. Assumptions about an orderly departure and a fiscally-neutral divorce bill (with any reduction in the UKs contribution to the EU which it estimated to be around 13.3 billion in 2022-23 assumed to go into other spending) mean that the main assumed impact so far has come through the short-run effect of higher uncertainty on investment. The OBR has still made a chunky markdown to its forecast however: real GDP growth between 2016 Q2 and 2018 Q2 was reduced from 4.4 to 3.0 per cent in the aftermath of the referendum. The OBR link this weaker outlook following the referendum to the weakening in UK growth relative to other G7 countries, as highlighted in its chart below.
Todays paper highlights a number of ways in which future developments might impact on the fiscal outlook. So what has it said?
First, the big one: what happens in the unlikely event of a no-deal Brexit? Here the OBR quite rightly emphasise the uncertainties but do say that a disorderly departure could have a severe short-term impact on the economy.
But even with a deal in place, the OBR shows that the public finances may be adversely affected in a number of ways. These include through the future impact on trade, migration and other considerations, including any further payments to the EU. The OBR stops short of quantifying the impact of these factors, and again emphasise that they are (surprise, surprise) uncertain. But there is at least the potential for a further deterioration in the fiscal outlook. The OBR notes,...
THE CRYPT KEEPER RETURNS TO TRASH TRUMP Video SGTReport The crypt keeper is back, and for no evident reason other than trying to trash President Trump on everyones favorite source for fake news, CNN. And every single word that...
Gold Up 1.2 Percent As Global Stock Rout Spreads To Europe from GoldCore TDC Note Gold, in my opinion, is going to be going up and up, maybe not from here, but in the very near future. There are...
The post Gold Up 1.2 Percent As Global Stock Rout Spreads To Europe appeared first on The Daily Coin.
Technology stocks got clobbered on Wednesday, suffering their worst day in more than seven years, as concerns over rising interest rates punished the overall market, particularly shares of companies that have been the best performers.
The S&P 500 Information Technology Index closed at $1,220.62, down 4.8 percent, marking the biggest decline since August 18, 2011, when the index dropped 5.3 percent. All 65 members of the index fell. The broader S&P 500 dropped by 3.3 percent and the Dow Jones Industrial Average tumbled 3.2 percent.
The Stock-Market Meltdown That Everyone Saw Coming At least they saw it coming with the benefit of hindsight. The reality is, the explanations cant account for what is probably a random event. Bloomberg, October 11, 2018 We interrupt this regularly scheduled correction to bring you an after the fact narrative explaining in
The post BBRG: The Stock-Market Meltdown That Everyone Saw Coming appeared first on The Big Picture.
End of the Fiat Money Delusion or Just a 3% Stock Market Correction? Video maneco64 Video Source
The post End of the Fiat Money Delusion or Just a 3% Stock Market Correction? (Video) appeared first on The Daily Coin.
Main focus on this years In Gold We Trust annual report is that global de-dollarization is real by Ken Schortgen Shotgun Economics For 12 years running Incrementum has published an annual In Gold We Trust reportwhich spells out not...
The post Main focus on this years In Gold We Trust annual report is that global de-dollarization is real appeared first on The Daily Coin.
Finally financial markets go through a substantial dip, which Steve Mnuchin claims is just temporary and Donald Trump says is caused by the fact that the Fed is loco. Mnuchin may well be right, but it wont be because he knows something you dont.
And Trump is certainly right, but in reality the Fed has been loco for many years, so why be surprised if it acts crazy now? The reason Mnuchin and a million other experts may be right without realizing it is that the Fed has been crazy enough to kill the financial markets.
There are plenty of juicy theories about the real reason Nikki Haley suddenly stepped down from her perch as UN Ambassador, but my favorite is the one that has her authoring the anonymous New York Times op ed by an alleged administration insider claiming that the adults in the room were busy undermining the Presidents worst impulses, like getting us out of unnecessary foreign entanglements.
Leaving aside her nasty pre-nomination digs at Trump, the two clashed repeatedly in public during her tenure. When Haley announced in April that new sanctions would be imposed on Russia, the White House told reporters that she was subject to a momentary confusion. With all due respect, she snapped, I dont get confused. Yet she was apparently setting her own policy when it came to Ukraine, NATO, and North Korea, all areas where she diverged from the Presidents America First agenda.
We will soon find out whether US voters matter more than the money flowing into the Republican Partys coffers. Americas political and economic future, and most likely the peace and prosperity of the entire world, depends on the answer.
Pieter Bruegel the Elder The Triumph of Death 1562 Finally financial markets go through a substantial dip, which Steve Mnuchin claims is just temporary and Donald Trump says is caused by the fact that the Fed is loco. Mnuchin may well be right, but it wont be because he knows something you dont. And
Mike Maloneys Stock Fragility Index Is Screaming Bubble by Jeff Clark GoldSilver A funny thing happened in the middle of one of Mike Maloneys deep-research sessions recently. As you know, he just released a brand new presentation, but while analyzing...
The post Mike Maloneys Stock Fragility Index Is Screaming Bubble appeared first on The Daily Coin.
Tucker Carlson Mobs, Illegals and The Google Agenda Video Fox News Video Source
The post Tucker Carlson Mobs, Illegals and The Google Agenda (Video) appeared first on The Daily Coin.
We Witnessed The 3rd Largest Point Crash In Stock Market History On The Same Day That The 3rd Most Powerful Hurricane To Ever Hit The U.S. Made Landfall by Michael Snyder The Economic Collapse Blog If you dont believe...
Can This Scandal Get Any Worse? The Dan Bongino Show Video Video Source
The post Can This Scandal Get Any Worse? The Dan Bongino Show (Video) appeared first on The Daily Coin.
If Africas children are educated and equipped with the skills to succeed in the twenty-first-century economy, the entire continent will prosper. But if they are denied a quality education, Africas economic progress will be slowed, stunted, or even thrown into reverse.
My correction-free morning train reads: Herd Mentality: Wheres the Beef? (Real Wealth Farmer) The Battle for the Home (Stratechery) see also America Is Losing Its Edge for Startups (City Lab) McLean: When the Next Recession Hits (TNR) The Pentagons Push to Program Soldiers Brains (The Atlantic) Scuba Diving Magazines 2018 Underwater Photo Contest Winners (Scuba Diving)
Contemplating the Unthinkable Miles Franklin sponsored this article by Gary Christenson. The opinions are his. Sometimes we must consider the unthinkable. Official US national debt is $21.6 trillion. Unfunded liabilities are five to ten times higher. Global debt is about...
I Was Asked: Why Did All this Money-Printing Not Trigger Massive Inflation? by Wolf Richter Wolf Street Asset-price inflation feels good to asset holders until it doesnt I was asked two important questions in this mind-boggling era of...
The post I Was Asked: Why Did All this Money-Printing Not Trigger Massive Inflation? appeared first on The Daily Coin.
The Bear Market Has Begun, Recession to Follow Video Peter Schiff 831 Point Rout in the Dow Jones Industrial Average If you listened to Fridays podcast, I mentioned that I thought I would probably be doing a lot...
The post The Bear Market Has Begun, Recession to Follow (Video) appeared first on The Daily Coin.
This is a fascinating graphic, and of the analysis is correct, we have radically overstated if the American Dream is alive and well in this country: A revolution in genomics is creeping into economics. It allows us to say something we might have suspected, but could never confirm: money trumps genes. Using one new, genome-based
Truck Owners Vehicle Set On FIRE Because Of Pro-Trump Stickers by Mac Slavo SHTFPlan TDC Note Its not 100% clear the stickers were the reason the truck was set on fire, however, it is very suspicious that Trump...
The post Truck Owners Vehicle Set On FIRE Because Of Pro-Trump Stickers appeared first on The Daily Coin.
This summers global heat wave was a reminder that as global temperatures increase, it is the worlds poorest who will suffer the most. Nowhere is this truer than in India, where rising temperatures are threatening millions who struggle with limited access to basic amenities.
Pablo Picasso Bather 1908 Dow Tumbles 830 Points In One Day, Trump Says The Fed Has Gone Crazy (MW) World Stock Markets Dive As Trump Attacks Crazy US Rate Hikes (G.) Tech Stocks Have Their Worst Day Since August 2011 (CNBC) Rising Inequality Could Impact Americas AAA Credit Rating (SH)
Stefan Molyneux and His Critics! A Tom Woods Interview Video Stefan Molyneuxs work has had over half a billion views and downloads. He has stirred up controversy among libertarians in recent years, having supported Donald Trump and entertained more controversial...
The post Stefan Molyneux and His Critics! A Tom Woods Interview (Video) appeared first on The Daily Coin.
Coconut Oil: 80 Reasons to Add It to Your Stockpile by Daisy Luther The Organic Prepper Coconut oil is a shelf stable product that really does it all. This pantry item can be used (nutritiously) in place of butter, shortening,...
The post Coconut Oil: 80 Reasons to Add It to Your Stockpile appeared first on The Daily Coin.
Tom Fitton: Obama ATF Tried to Do End-Run Around 2nd Amendment by Banning Ammo Video NRA TV Judicial Watch President Tom Fitton appeared on Cam & Co on NRA TV to discuss the ATFs attempt to ban AR-15 ammunition...
The post Tom Fitton: Obama ATF Tried to Do End-Run Around 2nd Amendment by Banning Ammo (Video) appeared first on The Daily Coin.
Max Igan 5G And The Internet Of Everything Is EVERYTHING THEY WANT! Video We Are Change In this video, we give you the latest breaking news on 5g, the internet of all things, the smart grid and smart...
The post Max Igan 5G And The Internet Of Everything Is EVERYTHING THEY WANT! (Video) appeared first on The Daily Coin.
Reed Exhibitions Australia has recently announced the launch of Energy Efficiency Expo 2019, a new trade exhibition and conference addressing energy productivity and affordability, in partnership with the peak industry body, the Energy Efficiency Council.
Rod Rosenstein Refuses to Turn Over Subpoenaed Memos Backs Out of Thursdays Congressional Hearing by Jim Hoft The Gateway Pundit As we reported earlier today Rod Rosenstein is one of the most conflicted and corrupt officials in US...
The post Rod Rosenstein Refuses to Turn Over Subpoenaed Memos Backs Out of Thursdays Congressional Hearing appeared first on The Daily Coin.
IIX brings +8 years of experience in building the impact investment ecosystem with a mission to impact 400 million lives by connecting the backstreet to the Wallstreet. IIX has a thematic focus on women empowerment, climate action and community resilience. To date, IIX has mobilized US$75 million in impact investment capital for +35 Impact Enterprises (IEs) across the social capital markets value chain. IIX has a network of +1000 impact investors with US$1 billion assets under management and +30,000 ecosystem partners from private, public and nonprofit sectors. In recognition of its work to build inclusive markets and drive the global sustainable development agenda, IIX has won multiple awards: Oslo Business for Peace Award 2017, G20 Summit Market Builder of the Year Award 2017, Asia Game Changer Award 2016, among others.
Just 8 percent of Brazilians told the Pew Research Center in 2017 that representative democracy is a very good form of government the lowest of all 38 countries surveyed.
Most of the article is about what we can expect from Jair Bolsonaro, sometimes called the Brazilian Trump, who is very likely to be Brazils next president, recommended and interesting throughout.
MIchael Oliver Discusses His Latest Work on Interest Rates, the Dollar and Gold Video Jay Taylor Media Jay introduces the guests for the day and gives updated news on sponsors and Michael discusses his latest work on interest rates,...
The post MIchael Oliver Discusses His Latest Work on Interest Rates, the Dollar and Gold (Video) appeared first on The Daily Coin.
Brennan, Trinity College Dublin, The Conversation:
Wolves on Wall Street, but perhaps the time of shareholders rule is drawing to an end. robert cicchetti/Shutterstock
In the early days of industrial capitalism there were no protections for workers, and industrialists took their profits with little heed to anyone else.
Following the growth of the labour movement, the establishment of trade unions and the founding of the welfare state in the first half of the 20th century, corporations in decades after World War II embraced a more open, stakeholder capitalism, where profits were shared between employees, managers and shareholders. This led to a flourishing middle class as workers and communities benefited from the success of the corporations of which they were part.
But since the 1970s the pendulum has swung back towards a system where profits are shared less widely, causing major upheavals in society and the fortunes of labour and the middle classes.
In the US, labours share of income had been close to 70% until the 1970s, but had shrunk by the beginning of the 1980s even as profits increased. In the 21st century this accelerated: in 2000, labours share of income in the US accounted for some 66%, whereas corporate profits accounted for a little over 8%.
If you dont believe in coincidences, what are we supposed to make of this? On Wednesday, the 3rd most powerful hurricane to ever hit the United States made landfall in the Florida panhandle. Entire communities were absolutely shredded as Hurricane Michael came ashore with sustained winds of 155 miles per hour. You can find the entire article that I just posted about this massive storm right here. In this article, I am going to focus on what just happened on Wall Street. At the exact same time that Hurricane Michael was causing chaos in the Southeast, an October stock market crash was causing havoc in the Northeast. The Dow Jones Industrial Average was down 831 points, which was the 3rd largest single day point crash in stock market history. Of course it isnt as if we hadnt been repeatedly warned that this was coming, and the truth is that it looks like this is only the start of the financial shaking.
So it appears likely that Wednesdays nightmare may extend into Thursday as well.
But before we look ahead too much, lets talk about the utter carnage that we just witnessed.
The Unthinkable Could Soon Happen in the Oil Market by Justin Spittler Casey Research Get ready for $100 oil. Regular readers might recall that line. I wrote it on July 10. At the time, it was a bold call....
The post The Unthinkable Could Soon Happen in the Oil Market appeared first on The Daily Coin.
So humanity in aggregate has spent about ten times as long worshiping the Greek gods as weve spent watching Netflix.
Weve spent another ten times as long having sex as weve spent worshiping the Greek gods.
And weve spent ten times as long drinking coffee as weve spent having sex.
It turns out that if you add up all these years, 50% of human experience has happened after 1309 AD. 15% of all experience has been experienced by people who are alive right now.
This should cheer you all up, yes indeed there is no great stagnation no wonder the rate of productivity growth has been so high:
FHI reports that 90% of PhDs that have ever lived are alive right now.
The Liberal Mobs You See On TV Are Republicans, Not Mobs of Liberal Progressives By Susan Duclos All News PipeLine The Information Mob (MSM) Argues That Liberal Mobs Attacking Conservatives Are Just Angry Protesters And Cannot Be Called Mobs...
The post The Liberal Mobs You See On TV Are Republicans, Not Mobs of Liberal Progressives appeared first on The Daily Coin.
Why Rising Bond Yields (and Rates) are a Big Deal Video Silver Fortune Video Source
The post Why Rising Bond Yields (and Rates) are a Big Deal (Video) appeared first on The Daily Coin.
This is the Left: Prof who called for GOP deaths ADMITS she doxes her haters by: JD Heyes Natural News After watching Democratic senators pull out all the stops in their attempt to assassinate the character of Supreme Court Justice Brett...
The post This is the Left: Prof who called for GOP deaths ADMITS she doxes her haters appeared first on The Daily Coin.
The Final Truth of Russia-gate by Justin Raimodo Strategic-Culture The conspiracy to overthrow a sitting US President extends far beyond our own Deep State. As Ive been saying in this space for quite some time, its been an international team effort...
Negative emission technologies NETs must be shown to work on a gigaton scale, at an affordable cost, and without serious environmental impacts - do they? MIT's Howard Herzog examines.
Livestock are responsible for about 14.5 per cent of global greenhouse gas emissions.
Jayant Bhandari | Mining Projects Must Have At Least 20% IRR At Current Spot Prices To Be Viable from Mining Stock Education Jayant Bhandari is the President of Anarcho Capital and is constantly traveling the world to look for investment...
The post Jayant Bhandari | Mining Projects Must Have At Least 20% IRR At Current Spot Prices To Be Viable appeared first on The Daily Coin.
IBAT (Integrated Biodiversity Assessment Tool) is a web-based map and reporting tool that provides fast, easy and integrated access to critical biodiversity information on priority species, legally protected areas and internationally recognised areas.
Fed Credit and the US Money Supply The Liquidity Drain Accelerates Author Pater Tenebrarum Acting-Man Federal Reserve Credit Contracts Further We last wrote in July about the beginning contraction in outstanding Fed credit, repatriation inflows, reverse repos, and commercial and...
The post Fed Credit and the US Money Supply The Liquidity Drain Accelerates appeared first on The Daily Coin.
Earth Science Conference will be a multidisciplinary gathering and present of areas such as Earth Science, Climate Change, Space Research, New Technology's, education and policies. The forum of Scientists, students and researchers from all corners of the globe, come together to discuss future science & Technology. Each session of the meeting will be included with expert lectures, poster and discussions, join us to design sustainable development processes, innovations by which and how these strategies drive new policies, advances the business and human health protection. We are glad to invite you on behalf of organizing committee to join us, where you are the decision maker for future.
We are delighted to invite our members and wind energy professionals to Asia Wind Energy Association's first Annual Wind Energy Conference under the auspices of Asia Clean Energy Summit during Singapore International Energy Week on 31st October 2018
Calling out to all innovators, entrepreneurs and innovators! Sustainable Sustainability is a 2 day 2 night Startathon to empower and nurture you to solve real-world problems and kick-start your journey into the community of innovative and sustainable businesses.
Thailand's pioneering carbon-neutral celebration of the arts and sustainable living, Wonderfruit is back for its fifth iteration with world-class live music acts and DJs as well as perspective-shifting talks and workshops, tantalizing tastes from award-winning chefs, family-friendly activities and much more. Join the journey to Wonderfruit this December for an unforgettable four days of art, music, food and ideas in the serene and sublime Thai countryside.
Doug Casey | Mining Mergers and New Orleans 2018 Preview Video Sprott Medias Albert Lu talks to Doug Casey ahead of the 2018 New Orleans Investment Conference. Casey discusses the business of mining and weighs in on the outlook for...
The post Doug Casey | Mining Mergers and New Orleans 2018 Preview (Video) appeared first on The Daily Coin.
A Reverse Bucket List by Gary Christenson Deviant Investor Miles Franklin sponsored this article. The opinions expressed are those of the author, Gary Christenson. Jack Nicholson and Morgan Freeman starred in the 2007 movie, The Bucket List. A bucket...
As The World Decouples From The Fed Note,The Transition Is Happening Quietly Video X22 Report The clock has run out for Sears, they are getting prepared to declare bankruptcy. The IMF is beating the drum letting everyone know that...
The post As The World Decouples From The Fed Note,The Transition Is Happening Quietly (Video) appeared first on The Daily Coin.
The Dow plunged nearly 832 points on Wednesday, the third-worst point decline in history.
All 30 Dow stocks were in the red, sending the index below 26,000 points for the first time in a month. The index fell by more than 3%.
Stocks are in the midst of a scary October slump, sliding sharply because investors are worried about rising interest rates.
October has often been a nerve-racking month for investors, and this month is living up to that reputation. All three indexes are in the red this month. But the Nasdaq has really taken it on the ch...
The International Monetary Fund is downgrading its outlook for the world economy, citing rising interest rates and growing tensions over trade.
The IMF said the global economy would grow 3.7 per cent this year, the same as in 2017 but down from the 3.9 per cent it was forecasting for 2018 in July.
Australia would hit 3.2 per cent growth this year before slipping to 2.8 per cent next year, the IMF said. In April, the IMF was forecasting 2.9 per cent for Australia next year. The May federal budget forecast 3 per cent GDP in 2018-19 and the same the following financial year.
The downward revisions to the 2019 growth forecast for Australia and Koreapartially reflect the negative effect of the recently introduced trade measures, the report says.
The report comes on the eve of the October 12-14 meetings in Bali of the IMF and its sister lending organisation, the World Bank.
The IMF expects the US economy to grow 2.9 per cent this year, the fastest pace since 2005 and unchanged from the July forecast. But it predicts that US growth will slow to 2.5 per...
Namibian President Hage Geingob has called for a change to the constitution to allow the government to expropriate land from white citizens and redistribute it to the majority black population.
Many Namibians were driven off their productive land, Geingob said during his opening speech at a national land policy conference in the capital Windhoek.
According to him, the willing-buyer willing-seller principle has not delivered results. Under the practice the land owner must first offer the government an option to buy the farmland. The government can then buy the land and redistribute it.
Geingob said that careful consideration should be given to expropriation, stressing that the fundamental issue is the inequality
He also pointed to similar proposals made by South Africas government, claiming We also share a burning land issue and a racialized distribution of land resources with South Africa.
This comes from a common history of colonial dispossession. What we also agree to is that the status quo will not be allowed to continue.
Political parties and NGOs have criticized the governments attempts to change land reform measures. The conference has been boycotted by some civil society organizations and political parties for allegedly having predetermined outcomes.
According to AFP news agency, two forme...
We all know a big crash is coming the question is when.
Rates are rising, stocks are falling (having their worst day in 8 months), and the economic data is starting to turn.
***Dow futures are now down 1000 points during after-hours trading.
Deficits are exploding at the exact same time auto loan applications are falling, mortgage apps are in decline, and in some areas, we are seeing home price reductions.
U.S. consumer debt is now at a record $4 trillion, rising $20.1 billion in August alone.
Comparing the pre-Google, pre-Amazon days to todays world is pretty mind-blowing if you think about it. What were once tiny start-up tech companies are now industry behemoths, employing thousands of workers and changing our lives for the better. And for early-stage investors, the financial windfall has been nothing less than life-changing.
Sure, you can still park your money in Google and Amazon if you dont mind paying thousands of dollars a share for stocks with high P/E ratios. Dont get me wrong: these are perfectly good investments, but youre just not going to see 1,000-plus-percent returns with these stocks at their current price points.
Still, youre on the right track if youre looking at Google right now, since theyve been doing some investing of their own: to be specific, theyve been pouring massive amounts of capital into a field known as artificial intelligence. Also called AI or machine learning, its a subsector of the tech market thats transforming practically every aspect of our lives.
Top-tier tech firms have caught on to the machine-learning takeover, and the race to adopt AI technology is heating up:
Courtesy of cbsinsights.com
Disruptive AI firms are getting acquired by the likes of Google, Apple, and Intel in a mad rush to get a step or two ahead on the technology timeline. Other AI companies are striving to become standout stars in their own right, leading the way in the burgeoning machine-learning movement.
IBAT (Integrated Biodiversity Assessment Tool) is a web-based map and reporting tool that provides fast, easy and integrated access to critical biodiversity information on priority species, legally protected areas and internationally recognised areas.
|IndyWatch Economic News Feed Archiver|
IndyWatch Economic News Feed was generated at World News IndyWatch.
Resource generated at IndyWatch using aliasfeed and rawdog