Politics

The Wrong Narrative In Charlottesville

Authored by Jeff Deist via The Mises Institute, The political violence in Charlottesville yesterday was as predictable as it was futile. One person was killed and dozens badly injured, marking a new low in the political and cultural wars that are as heated as any time since in America since the 1960s. This relentless politicization of American culture has eroded ...

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Charlottesville is a Symptom of a Much Greater Problem in America Today

Content originally published at iBankCoin.com So I was walking around Maine today, without a phone, totally unplugged from the world. Since I’m a personable person, quite affable at times, I conversed with lots of strangers, many people who might disagree with my ‘world view.’ Although I have strong opinions, I’m mature enough to know my ideas are meaningless time fodder, ...

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Peter Thiel Reportedly Says “There’s A 50% Chance” Current Presidency “Ends In Disaster”

Trump is not particularly popular among the billionaire crowd of Silicon Valley, to say the least.  As such, when the billionaire co-founder of PayPal endorsed Trump for President, donated ‘bigly’ to his campaign and even agreed to speak at the Republican National Convention last summer, it was a ‘yuge’ deal. But, at least if you’re willing to believe the anonymous ...

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A Tale Of Two Countries (Or How The Fed Enabled Corporate Kingpins To Scalp Billions)

Authored by David Stockman via The Daily Reckoning, Here’s a comparison that is surely vertigo inducing. On the one hand, the financial system is implicitly held to be so incredibly stable and healthy that volatility on the S&P 500 has been driven to 50-year lows. Indeed, that lovely condition is apparently expected to persist indefinitely as signaled by implied volatility. ...

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Hegemony Is A Three-Player Game

Authored by James Rickards via The Daily Reckoning, Three-player games are easy to model – it’s always two against one. The art of geopolitics and examining hegemony powers in such situations is to be part of a duo that pressures the remaining player, or, at a minimum, keep the other two players separated. This is basic balance-of-power politics as practiced ...

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Congressman Luis Gutierrez Calls Trump A “Major Criminal” That Must Be “Eliminated”

Authored by Michael Snyder via The American Dream blog, Is it proper for a sitting member of Congress to call for the president of the United States to be “eliminated”? Despite all of the chaos and all of the violence that we have seen so far, Democrats continue to stir up even more anger and even more hatred. Words have ...

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Why A Dollar Rebound May Be Imminent Even As Crash Insurance Costs Hit Nosebleed Levels

Is the bottom in for the dollar yet? After hitting a 14 month low, the Bloomberg Dollar Index saw a modest gain of 0.1% as markets awaited this week’s FOMC meeting and kept a wary eye on Capitol Hill hearings which involve close members of the Trump administration. Quoted by Bloomberg, traders described flows as modest amid the elevated event ...

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Bill Blain: Here Is Southern Europe’s Next Tipping Point

By Bill Blain of Mint Parnters “The Braavosi have a saying too. The Iron Bank will have its due….” One of the things that’s been niggling me for years has been the question of just how unfixed the European banking sector is. This morning I’ve attached a note my associate Ben Stheeman and I have put together on Non-Performing Loans ...

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