Is Obama’s entire foreign policy going down in flames? Or will the entire world end up burning?
The NATO summit on July 8-9 this year will probably provide the best
advance indication of which of those two will be the outcome from all
this.
A portion of a U.S. State Department briefing video that was
archived online was deliberately deleted at the request of an unknown
person, possibly the day the video was made, spokesman John Kirby said
on Wednesday after an investigation.
The most likely scenario is that Vice President Joe Biden—who
has said that he regrets “every day” his decision not to run—enters the
race.Mr. Biden would be cast as the white knight rescuing the party,
and the nation, from a possible Trump presidency
China is preparing an air defense identification zone (ADIZ) in
the South China Sea, two years after it announced a similar one in the
East China Sea, according to sources close to the People’s Liberation
Army and a defence report.
Share prices in America aren’t at all time highs because the country is doing well. Share
prices are at all time highs because executives and shareholders are
extracting a historically dangerous piece of the overall economic pie. If this trend continues, someone like Donald Trump will be the least of our concerns. It
appears companies are coming to the realization that their employees
are so broke they’re resorting to payday lenders just to survive. Rather than boost wages, many are resorting to offering loans.
We love technology. We can’t imagine life without modern
conveniences like telephones, email, and the Internet. Not to mention
running water, air conditioning, and automobiles. But sometimes,
technology gets... well, creepy. And the creepier the technology, the more likely your friendly Big Brother will use it to keep tabs on you. A case in point is the increasing sophistication of face recognition technology.
The OECD is ringing fresh alarm bells over the frothy nature of
the Toronto and Vancouver housing markets and high levels of consumer
debt. “In relation to household incomes, both house prices and
household debt are high." But the loudest warning was the OECD's
assessment of a “disorderly housing market correction,” notably in
Toronto and Vancouver, as the biggest threat to Canada’s economy.“
Having previously explained how China's hard landing has begun, former ABN AMRO chief investment stratgist Richard Duncan warns of a "severe and protracted" slump is ahead as
"this enormous gap between investment and consumption means China’s economy is now wildly unbalanced."
After three years of lying to us about the real nature of the
government’s spying program, feigning ignorance, dissembling, and
playing at enacting real reforms, it turns out that what the government really wants is more power, more control and more surveillance. As revolutionary patriot Samuel Adams observed, “It
does not take a majority to prevail... but rather an irate, tireless
minority, keen on setting brushfires of freedom in the minds of men.”
Seemingly missed by the mainstream media on Monday, Chinese equity futures crashed over 12.5% - the biggest drop since 1995 - only to soar back to unchanged within seconds. This was not a 'fat-finger' trade,
and as one trader noted, "liquidity in the market is really thin right
now," which is borne out by the evidence. Thanks to government rules
disabling "hedging" accounts from holding more than 10 contracts a day,
volume (and liquidity) has become practically non-existent since
September and so the 12.5% flash crash was driven by just 3 trades
totalling just 646 contracts which means a mere $92 million sell order collapsed Chinese equity markets by the most on record.
Gundlach said the S&P 500 Index has been struggling to
reach and stay above 2,100, mirroring the slowish growth in the United
States. "It's like people think that the Fed has this
super-secret information about how strong the economy is about to
become or that the economy is about to become smoking hot." Gundlach added: "The S&P 500 has exhibited declining highs for over a year, with two big drawdowns. This is 'dead money' with massive anxiety."
The tape faces four big catalysts/events between now and probably the end of the year according to JPMorgan...
Presented with no surprise...
Willing Victims...or Idiots...You Decide...
In this footage obtained by RT, you can see how students - who were in a gun free zone - have nothing else to do for their safety but to lock themselves into a classroom and wait for the situation to be defused.
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