Submitted by Tyler Durden on 11/28/2015 - 15:32
Violence Erupts In Turkey After Prominent Lawyer Is Assassinated On Live TV
Submitted by Tyler Durden on 11/28/2015 - 12:14 A day after Turkey arrested two journalists for their report exposing Erdogan's weapon deliveries to extremist groups in Syria, confirming that no dissent to the president's foreign policy would be allowed, today a new riot has erupted in Istanbul following the dramatic murder in broad daylight of Tahir Elci, the president of the Turkish bar association in southeastern Diyarbakir province, who was shot dead by unidentified gunmen while giving a public speech.
If Black Friday Was A Movie
Submitted by Tyler Durden on 11/28/2015 - 18:30 Put aside 4 minutes of your day to poke some fun at America’s leading religion: Consumerism.
Can The Oil Industry Really Handle This Much Debt?
Submitted by Tyler Durden on 11/28/2015 - 17:45 With at least 83 percent of these companies' operating cash being spent on debt repayments - the highest on record - the renewed collapse in crude oil prices of the last month has renewed focus on the tidal wave of defaults that the credit market is increasingly pricing in (and stocks not).
Obama Says "Enough Is Enough," Urges Gun Restrictions After Deadly Planned Parenthood Standoff
Submitted by Tyler Durden on 11/28/2015 - 17:00 Another 'mass' shooting, and another outraged statement from President Obama proclaiming "enough is enough." With 9 injured, and 2 police officers and 1 civilian dead after the dreadful standoff at a Planned Parenthood office in Colorado Springs, the President took the opportunity to explain "we have to do something about the easy accessibility of weapons of war on our streets to people who have no business wielding them. Period." Of course, any discussion of the shooter's mental health, the violent polarization towards and politicization of abortion among an increasingly micro-aggressive America were conveniently ignored.
Submerging Markets
Submitted by Tyler Durden on 11/28/2015 - 14:45 After failed breakouts earlier in the year, the charts of the Asian Tiger Cub markets suggest more trouble may lie ahead... as The Fed's decision looms.
How Green Energy Really Works
Submitted by Tyler Durden on 11/28/2015 - 14:00 After this week's vaporization of $29 billion of liabilities ($230 million of which was owed to the US Taxpayer) amid Abengoa's bankruptcy (Spain's 'Solyndra'), we thought it worth reminding the world's greater fools, just how "green" energy works...
The Unintended Consequences Of 'Lift-Off' In A World Of Excess Reserves
Submitted by Tyler Durden on 11/28/2015 - 13:35 In the short run this will probably lead to dramatic and unexpected change in financial flows. Over the longer run, a much-overlooked problem emerges. Simply put, it is highly unlikely that market rates will respond as the Fed moves its target rate upwards; in this case, the FOMC will have lost all control.
Russia Retaliates: Putin Reveals Sanctions Against Turkey
Submitted by Tyler Durden on 11/28/2015 - 13:10 While many in The West had hoped for a "see, we told you so" strongman military response from Vladimir Putin, it appears the Russian leader has, for now, taken a more practical approach. The wide-ranging sanctions unleashed on Turkey (by its 2nd largest trade partner) include a ban on Turkish workers (with estimates that 90,000 will be fired by Jan 1 2016), restrictions on imported goods and services provided by Turkey, and scraps visa-free travel and bans charter flights (implicitly hurting a major part of Turkey's domestic industry). Finally, Putin calls for "strengthening of port control and monitoring to ensure transport safety," hinting at the fears many have voiced over whether Turkey shutting the Bosphorous in an escalation would be seen as an act of war.
Which Assets Have Priced In A Chinese Economic Collapse? Barclays Explains
Submitted by Tyler Durden on 11/28/2015 - 12:48 If we assume that China’s hard landing can and will get hard-er-er, it’s worth asking which assets and currencies have priced in a further deceleration in the world’s engine of global growth and trade. Barclays has more on what’s expensive and what’s cheap vis-a-vis persistent deterioration in the Chinese growth story.
Meet Captagon: The Drug Of Choice For Today's Anxious Jihadist
Submitted by Tyler Durden on 11/28/2015 - 12:45 “There was no fear anymore after I took Captagon...You don’t have any problems. You don’t even thinking about sleeping or leaving the checkpoint. It gives you great courage and power,”
It’s in almost everything—from dog treats to soups to barbecue sauce and Asian food. Foods that you’d think it wouldn’t be in, it’s there. Sugar has become something of a staple for our society even though it has absolutely zero nutritional value and contributes to a large amount of health problems. This ingredient has a chemical structure so similar to cocaine it’s eerie. And indeed, sugar produces an effect on the brain that’s as strong as a high from cocaine will give you.
This ingredient has become widely acceptable in vitamins, juices, and salad dressings. But next time you read the label, seeing sugar’s many names on there might scare you after reading this.
Read More
I wrote the first three parts of this article back in September and
planned to finish it in early October, but life intervened and
truthfully I don’t think I was ready to confront how bad things will
likely get as this Fourth Turning moves into the violent, chaotic war
stage just over the horizon. The developments in the Middle East,
Europe, U.S., China and across the globe in the last months have
confirmed my belief war drums are beating louder, global war beckons,
and much bloodshed will be the result. Fourth Turnings proceed at their
own pace within the 20 to 25 year crisis framework, but there is one
guarantee – they never de-intensify as they progress. Just as Winter
gets colder, stormier and more bitter as you proceed from December
through February, Fourth Turnings get nastier, grimmer, more perilous,
with our way of life hanging in the balance.Read More
from RT:
A US-made anti-tank missile system was used in an attack on an RT crew in Syria, a mounting body of evidence suggests. Journalists recognized the area, while experts confirmed that a booster found by the Syrian army matches the TOW seen in a rebel video
A US-made anti-tank missile system was used in an attack on an RT crew in Syria, a mounting body of evidence suggests. Journalists recognized the area, while experts confirmed that a booster found by the Syrian army matches the TOW seen in a rebel video
from Dollar Collapse:
Financial crises can happen quickly, like the bursting of the tech stock bubble in early 2000, or slowly, like the late-1980s junk bond bust. The shape of the crash depends mostly on the asset in question: Equities can plunge literally overnight, while bonds and bank loans can take a while to reach critical mass.
China’s bursting bubble is of the second type. During its post-2009 infrastructure binge, trillions of dollars were lent to (way too many) producers of cement, steel, chemicals and other basic industrial inputs. And now a growing number of them can’t make their payments:
China’s Bond Stresses Mount as Two More Companies Flag Concerns
A Chinese fertilizer maker and a pig iron producer have flagged bond payment difficulties, adding to signs of stress in the nation’s corporate note market after at least six defaults this year.
Read More
Financial crises can happen quickly, like the bursting of the tech stock bubble in early 2000, or slowly, like the late-1980s junk bond bust. The shape of the crash depends mostly on the asset in question: Equities can plunge literally overnight, while bonds and bank loans can take a while to reach critical mass.
China’s bursting bubble is of the second type. During its post-2009 infrastructure binge, trillions of dollars were lent to (way too many) producers of cement, steel, chemicals and other basic industrial inputs. And now a growing number of them can’t make their payments:
China’s Bond Stresses Mount as Two More Companies Flag Concerns
A Chinese fertilizer maker and a pig iron producer have flagged bond payment difficulties, adding to signs of stress in the nation’s corporate note market after at least six defaults this year.
Read More
from Prison Planet:
Turkish President Recep Tayyip Erdogan told CNN International his country will consider it an act of aggression if Russia takes down a Turkish plane violating Syrian airspace.
Turkish President Recep Tayyip Erdogan told CNN International his country will consider it an act of aggression if Russia takes down a Turkish plane violating Syrian airspace.
“In this case Turkey will be forced to take measures that
will certainly not be discussed. And of course it would be an aggression
against our rights of sovereignty and it’s the natural right of the
state to protect those rights. We do not want to see any escalation of
the situation in the region. We do not want to become a party to that.
But those who side with Syria and escalate the tension, I think, are the
responsible parties to this,” Erdogan said.
Read More
by Michael Snyder, The Economic Collapse Blog:
Once upon a time, “Black Friday” was a major event in the United States. Yes, the mainstream media is still endlessly hyping it up, and major retailers are still rolling out their “incredible deals”, but it appears that most Americans are tiring of this particular gimmick. Or perhaps it is just that U.S. consumers don’t have as much discretionary income as they once did. As you will see below, retail traffic this Black Friday was “much, much slower” than anticipated. And expectations were not great anyway – the number of shoppers was down last year, and it was being projected that there would be another decline in 2015. Yes, there were still a few fights on Black Friday, but mostly the “holiday” was marked by giant piles of unsold merchandise sitting around collecting dust. The inventory to sales ratio in the U.S. has surged to levels not seen since the last recession, and so the truth is that most retailers were hoping for much more contrived chaos on Black Friday than we actually witnessed.
Read More…
Once upon a time, “Black Friday” was a major event in the United States. Yes, the mainstream media is still endlessly hyping it up, and major retailers are still rolling out their “incredible deals”, but it appears that most Americans are tiring of this particular gimmick. Or perhaps it is just that U.S. consumers don’t have as much discretionary income as they once did. As you will see below, retail traffic this Black Friday was “much, much slower” than anticipated. And expectations were not great anyway – the number of shoppers was down last year, and it was being projected that there would be another decline in 2015. Yes, there were still a few fights on Black Friday, but mostly the “holiday” was marked by giant piles of unsold merchandise sitting around collecting dust. The inventory to sales ratio in the U.S. has surged to levels not seen since the last recession, and so the truth is that most retailers were hoping for much more contrived chaos on Black Friday than we actually witnessed.
Read More…
from, The News Doctors:
In politics, nothing happens by accident. If it happens, you can bet it was planned that way – U.S. President Franklin D. Roosevelt
Turkey’s provocation towards Russia is not surprising at all. Washington’s Fingerprints are at the Scene of the Crime. Let’s consider the facts. Syrian government forces along with Russia have turned the tide against ISIS. It is a known fact that the U.S., France, the U.K., Turkey, Israel, Saudi Arabia and Qatar had been arming, funding, training or provided safe havens for ISIS at some point in time. Turkey was implicated in a 2012 Reuters report stating that “Turkey has set up a secret base with allies Saudi Arabia and Qatar to direct vital military and communications aid to Syria’s rebels from a city near the border.” The report also said:
Read MoreTurkey’s provocation towards Russia is not surprising at all. Washington’s Fingerprints are at the Scene of the Crime. Let’s consider the facts. Syrian government forces along with Russia have turned the tide against ISIS. It is a known fact that the U.S., France, the U.K., Turkey, Israel, Saudi Arabia and Qatar had been arming, funding, training or provided safe havens for ISIS at some point in time. Turkey was implicated in a 2012 Reuters report stating that “Turkey has set up a secret base with allies Saudi Arabia and Qatar to direct vital military and communications aid to Syria’s rebels from a city near the border.” The report also said:
by Samuel Bryan, Schiff Gold:
On Tuesday, the US Mint announced it has sold out of one-ounce 2015 American Gold Eagles. Mint officials say they don’t plan to produce any more at this time.
Earlier this month, the mint announced it had run out of one-tenth and one-fourth ounce Gold Eagles.
The tremendous demand for gold bullion coins we’ve seen over the last several months continues unabated in November. Buyers have already snatched up 80,500 1-ounce Gold Eagles this month. Combining all coin sizes, total Gold Eagle sales stand at 199,500 in November.
Read More
On Tuesday, the US Mint announced it has sold out of one-ounce 2015 American Gold Eagles. Mint officials say they don’t plan to produce any more at this time.
Earlier this month, the mint announced it had run out of one-tenth and one-fourth ounce Gold Eagles.
The tremendous demand for gold bullion coins we’ve seen over the last several months continues unabated in November. Buyers have already snatched up 80,500 1-ounce Gold Eagles this month. Combining all coin sizes, total Gold Eagle sales stand at 199,500 in November.
Read More
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