Submitted by Tyler Durden on 08/02/2015 - 22:15
Once again, in our endless search for foreign monsters to destroy, we’re creating yet more foreign monsters who will provide the next excuse for future crusades. It’s a perpetual motion machine of foreign policy madness – and the War Party likes it that way.Yes, your tax dollars are going to arm, train, and feed neo-Nazis in Ukraine. That’s what we bought into when Washington decided to launch a regime change operation in that bedraggled corner of southeastern Europe. Your money is also going to prop up the country’s war-stricken economy – albeit not before corrupt government officials rake their cut off the top.
Stefan Molyneux responds to an assertion about the Chinese stock market, what caused the Great Depression and how it ended.
“Absolutely bullshit! The reason why the Great Depression was so bad was because Herbert Hoover implemented austerity. In fact, the Great Depression was fixed by massive state expenditures. It was named WWII. By the way, what caused the Great Depression? Huge amounts of PRIVATE debt. Funny that Stefan wouldn’t tell you this.”
In my opinion, the surest method for ascertaining what the sentiment is
towards overall global economic growth prospects is the commodity
sector performance.When sentiment is upbeat towards global growth, commodities tend to be in a strong uptrend on the charts. The reverse is true when prospects turn sour; commodities have a general tendency to sell off.
What does the following chart therefore say to you about where investors/traders are in regards to their current sentiment?
Read More @ TraderDanNorcini.Blogspot.com
Citadel Barred From Trading In China After Regulator Accuses "Automated Trading" Unit Of Manipulation
Submitted by Tyler Durden on 08/02/2015 - 21:02 Define irony: for the past 7 years, Wall Street's worst kept secret is that Citadel, the world's most levered hedge fund, has been the NY Fed's just slightly more than arms-length enforcer of market stability, by which we mean spoofer, buyer and otherwise "plunge protector" in the equity and E-mini futures markets. Which is why Citadel must have been shocked to learn late last week that China had suspended trading at a brokerage account used by Citadel in China.
by SGT, SGT Report.com:
Bix Weir from Road To Roota joins us for another wake up call. As hard as it is for some folks to understand, when it come to the stock market, and even your own home, you may not own what you think you own.
According to Zero Hedge, annual ETF trading has eclipsed the entire US GDP. That’s more than $18.2 TRILLION in annual trading volume on ETF assets which total a mere $2.1 TRILLION — further evidence that the “markets” are nothing more than a Ponzi scheme.
But it gets worse. Recounting the massive and blatant criminality of Wall Street, Bix reminds us the on a daily basis BILLIONS of shares are traded back and forth, and millions of those shares go unsettled. The DTCC is essentially a $19 TRILLION private bank which most people have never heard of. The DTCC is charged with settling all daily stock trades within three days, but because of computer and HFT trading the sheer volume of daily trading makes proper settlement virtually impossible. Adding to the confusion is the fact that CEDE & Co. is the secret entity behind the scenes which “owns” all of the shares. So when the system finally implodes you are likely to learn that you don’t own what you think you own.
Bix Weir from Road To Roota joins us for another wake up call. As hard as it is for some folks to understand, when it come to the stock market, and even your own home, you may not own what you think you own.
According to Zero Hedge, annual ETF trading has eclipsed the entire US GDP. That’s more than $18.2 TRILLION in annual trading volume on ETF assets which total a mere $2.1 TRILLION — further evidence that the “markets” are nothing more than a Ponzi scheme.
But it gets worse. Recounting the massive and blatant criminality of Wall Street, Bix reminds us the on a daily basis BILLIONS of shares are traded back and forth, and millions of those shares go unsettled. The DTCC is essentially a $19 TRILLION private bank which most people have never heard of. The DTCC is charged with settling all daily stock trades within three days, but because of computer and HFT trading the sheer volume of daily trading makes proper settlement virtually impossible. Adding to the confusion is the fact that CEDE & Co. is the secret entity behind the scenes which “owns” all of the shares. So when the system finally implodes you are likely to learn that you don’t own what you think you own.
“The first thing you need to know about Goldman Sachs is that it’s
everywhere. The world’s most powerful investment bank is a great vampire
squid wrapped around the face of humanity, relentlessly jamming its
blood funnel into anything that smells like money. In fact, the history
of the recent financial crisis, which doubles as a history of the rapid
decline and fall of the suddenly swindled dry American empire, reads
like a Who’s Who of Goldman Sachs graduates.” (1) – Matt Taibbi, Rolling Stone “For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.” – King James Bible, 1 Timothy 6:10
The sky’s the limit and big banks are investing in energy sectors such as nuclear power instead of renewable energy at the expense of humankind, the biome and biota, and future generations of the Earth. Banks like Goldman Sachs have been investing in the uranium market which is one of the reasons the transition away from a dangerous, nuclear power system to a more viable and safer renewable energy system is taking so long to occur.
Read More @ ActivistPost.com
by Andrew Kirell, Mediaite:
This seems to have become a problematic meme for DNC chairwoman Debbie Wasserman Schultz: Her party’s second-most visible candidate, Bernie Sanders,
describes himself as a “democratic socialist” — a hot-button term from
which many mainstream Democrats seek to distance themselves.
Asked this week by MSNBC’s Chris Matthews to describe if there is any difference, Wasserman Schultz was unable to explain it, instead focusing on the obvious distinctions between her party and the Republicans. NBC’s Meet the Press moderator Chuck Todd pressed the DNC chairwoman with that same exact question on Sunday morning, and she once again failed to explain the difference.
Of course, while the difference is actually quite simple to explain — see here — it poses a problem for DWS because agreeing that Dems are different from democratic socialists would outright suggest Sanders does not belong in her party’s primary.
Read More @ mediaite.com
This seems to have become a problematic meme for DNC chairwoman Debbie Wasserman Schultz: Her party’s second-most visible candidate, Bernie Sanders,
describes himself as a “democratic socialist” — a hot-button term from
which many mainstream Democrats seek to distance themselves.Asked this week by MSNBC’s Chris Matthews to describe if there is any difference, Wasserman Schultz was unable to explain it, instead focusing on the obvious distinctions between her party and the Republicans. NBC’s Meet the Press moderator Chuck Todd pressed the DNC chairwoman with that same exact question on Sunday morning, and she once again failed to explain the difference.
Of course, while the difference is actually quite simple to explain — see here — it poses a problem for DWS because agreeing that Dems are different from democratic socialists would outright suggest Sanders does not belong in her party’s primary.
Read More @ mediaite.com
from Zero Hedge:
If Edward Snowden’s patriotic exposure of all things ‘super secret surveillance state’ in America were not enough, Newsweek reports that, as 10s of millions of hungry PC users download the free upgrade, Windows 10 is watching – and logging and sharing – everything users do… and we mean everything.
Read More
If Edward Snowden’s patriotic exposure of all things ‘super secret surveillance state’ in America were not enough, Newsweek reports that, as 10s of millions of hungry PC users download the free upgrade, Windows 10 is watching – and logging and sharing – everything users do… and we mean everything.Read More
from X22Report:
by Christina Sarich, Natural Society:
What
would you do if you found out that the extract from a single fruit
could keep the rogue cells of 12 different types of cancer in check?
Mainstream media reports that the fruit known as graviola, also known as soursop fruit, guanabana, or guyabano, but there are studies showing it effectively fights ovarian, colon, breast, prostate, lung, liver, cervical, lymphoma, and pancreatic cancers. For pancreatic cancer, graviola was shown to be effective at “inhibiting tumorigenicity,” as well as “altering pancreatic tumor cell metabolism,” found one pathologist at the University of Nebraska.
Laboratory research also showed it to be 10,000 times stronger in killing colon cancer cells than Adriamycin, a commonly used chemotherapy drug. And Graviola, unlike chemotherapy, can kill cancer cells without harming healthy cells.
Read More @ NaturalSociety.com
What
would you do if you found out that the extract from a single fruit
could keep the rogue cells of 12 different types of cancer in check?Mainstream media reports that the fruit known as graviola, also known as soursop fruit, guanabana, or guyabano, but there are studies showing it effectively fights ovarian, colon, breast, prostate, lung, liver, cervical, lymphoma, and pancreatic cancers. For pancreatic cancer, graviola was shown to be effective at “inhibiting tumorigenicity,” as well as “altering pancreatic tumor cell metabolism,” found one pathologist at the University of Nebraska.
Laboratory research also showed it to be 10,000 times stronger in killing colon cancer cells than Adriamycin, a commonly used chemotherapy drug. And Graviola, unlike chemotherapy, can kill cancer cells without harming healthy cells.
Read More @ NaturalSociety.com
by Mac Slavo, SHTFPlan:
A culture war has been stirred up.
Divisions are along predictable lines: racism, police abuse, controversial social issues, and plenty of left vs. right, demographics and regional baggage to clash over as well.
And by all accounts, differences and distinctions between people have been intensifying, not blurring and fading away.According to the Washington Post, many Americans have been relocating themselves in one of the 11 distinct areas of the country to live with like minded people.
The best way to keep us from fighting the real enemy is to keep us fighting amongst ourselves.
But could the culture war ever turn into a real war?
Read More @ SHTFPlan.com
A culture war has been stirred up.Divisions are along predictable lines: racism, police abuse, controversial social issues, and plenty of left vs. right, demographics and regional baggage to clash over as well.
And by all accounts, differences and distinctions between people have been intensifying, not blurring and fading away.According to the Washington Post, many Americans have been relocating themselves in one of the 11 distinct areas of the country to live with like minded people.
The best way to keep us from fighting the real enemy is to keep us fighting amongst ourselves.
But could the culture war ever turn into a real war?
Read More @ SHTFPlan.com
from Jesse’s Café Américain:
“In
the task of that redemption the most effective agents will be men who
have substituted some new illusions for the abandoned ones. The most
important of these illusions is that the collective life of mankind can
achieve perfect justice. It is a very valuable illusion for the moment;
for justice cannot be approximated if the hope of its perfect
realization does not generate a sublime madness in the soul.
Nothing but such madness will do battle with malignant power and ‘spiritual wickedness in high places.’ The illusion is dangerous because it encourages terrible fanaticisms. It must therefor e be brought under the control of reason. One can only hope that reason will not destroy it before its work is done.” – Reinhold Niebuhr
image/thedailycoin.org
Read More/See Video
“In
the task of that redemption the most effective agents will be men who
have substituted some new illusions for the abandoned ones. The most
important of these illusions is that the collective life of mankind can
achieve perfect justice. It is a very valuable illusion for the moment;
for justice cannot be approximated if the hope of its perfect
realization does not generate a sublime madness in the soul.Nothing but such madness will do battle with malignant power and ‘spiritual wickedness in high places.’ The illusion is dangerous because it encourages terrible fanaticisms. It must therefor e be brought under the control of reason. One can only hope that reason will not destroy it before its work is done.” – Reinhold Niebuhr
image/thedailycoin.org
Read More/See Video
The Politicians’ War On Uber
Submitted by Tyler Durden on 08/02/2015 - 19:30 Hillary Clinton gave a speech warning that the new “sharing economy” of businesses such as the ride-hailing company Uber is “raising hard questions about workplace protections.” Democrats hate what labor unions hate, and a taxi drivers’ union hates Uber, too. Its NYC website proclaims, “Uber has the money. But we are the PEOPLE!” Lawsuits and politicians’ attacks against one company have a chilling effect on others. The “independent contractor” assault will destroy all sorts of companies we’ll never even know about because now they won’t come into existence. Some of the entrepreneurs who dreamed of starting them will look at the additional costs, crunch the numbers and decide there’s not enough profit potential to risk investing their money. Who knows what odd but popular sharing-economy innovations aren’t happening even now—ones we’d use and love—because businesspeople with great ideas are frightened by the Clintons, deBlasios and lawyers?
Something Just Snapped: Container Freight Rates From Asia To Europe Crash 23% In One Week
Submitted by Tyler Durden on 08/02/2015 - 18:53 It appears that the recent spike in shipping rates was analogous to the dead cat bounce in crude oil prices: a speculator-driven anticipation for a sustainable rebound that never took place. And now, just like with crude prices, it is all crashing down.... again. According to Reuters, shipping freight rates for transporting containers from ports in Asia to Northern Europe dropped 22.8 per cent to $400 per 20-foot container (TEU) in the week ended last Friday, data from the Shanghai Containerized Freight Index showed.
The Tide Has Turned And These Charts Predict The Next Stop
Submitted by Tyler Durden on 08/02/2015 - 18:20 Be prepared for the now imminent equity valuation reset. It is true the Fed now has the ability to manipulate the market well beyond anything we’ve ever seen before. However, it is also still true that when the bursting bubble achieves full momentum the Fed will be helpless to stop it. While the Fed feels increasingly omnipotent they will once again learn, that while natural laws can be bent, they cannot be broken.
Is This The Most Successful Trade Of The Last Decade?
Submitted by Tyler Durden on 08/02/2015 - 17:45 If the longs use VIX products as hedging instruments, then why would anyone take the other side? Because, being short volatility can be very profitable, according to Goldman. Year-to-date this short vol index is up 56%, and selling the front-month VIX has earned a massive 114 vol points... The introduction of weekly VIX futures (and the exponential decay implied by these volatility-inducing instruments) offers, according to Goldman Sachs, even more opportunity for active risk takers to sell vol, scrape premium, and face unlimited downside risk... playing the contango collapse game until there are no more musical chairs left.
If Price Insensitive Buyers Become Sellers, Will The Entire Market Collapse?
Submitted by Tyler Durden on 08/02/2015 - 17:15 "If circumstances cause these price-insensitive buyers to turn around and become price-insensitive sellers, there are not a lot of candidates to take the other side. Be prepared for the possibility that some of the same assets that have again and again risen to prices that many investors said were impossible show more downside volatility than investors have bargained for."/
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