Dr. Paul Craig Roberts: A Ray of Hope

A Ray of Hope — Paul Craig Roberts:

By Paul Craig Roberts

America has been a discouraging landscape ever since the neoconservatives took over US foreign policy during the Clinton regime and started the two decades of war crimes that define 21st century America and ever since US corporations betrayed the US work force by moving American jobs to Asia.

The outlook became darker when the Obama regime resurrected the Russian Threat and elevated the prospect of military conflict between the nuclear powers.

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Will You Turn Away Family, Friends And Neighbors At Your Door When America’s Day Of Disaster Arrives?

Will You Turn Away Family, Friends And Neighbors At Your Door When America’s Day Of Disaster Arrives?:

How will you handle all of the people that will show up at your door when a major crisis strikes because they haven’t been making any preparations of their own?  Earlier today somebody asked me about this on Facebook, and I thought that it was a very good question, because thousands of my readers will be faced with this precise dilemma at some point.  When America’s day of disaster arrives, it is inevitable that most of us that are prepping will have family, friends and neighbors showing up at our door asking for help.  When that happens, what will you do?

There are some people out there that are very honest about the fact that they do not plan to share what they have stored up with anyone, and that even close family members will be greeted with a shotgun if they show up unannounced.

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Meet Tally: The Grocery Stocking Robot About To Eradicate 1,000’s Of Minimum Wage Jobs

Meet Tally: The Grocery Stocking Robot About To Eradicate 1,000’s Of Minimum Wage Jobs:

With nearly 40,000 grocery stores in the U.S. employing roughly 3.5mm people, most of whom work at or near minimum wage, Bernie’s “Fight for $15” agitators may want to take note of Tally, the grocery stocking robot.

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Cryptocurrencies Are Crashing Again

Cryptocurrencies Are Crashing Again:

The largest cryptocurrencies are under presure again today – Bitcoin, Ethereum down around 10% – as it seems some anxiety remains ahead of the August 1st scaling decision deadline, chatter about Russian Bitcoin viruses, and a new report from BofA has raised more questions than answers about the future of virtual currencies.

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SEC Cracks Down On “Initial Coin Offerings”: Concludes Tokens Are Subject To Securities Laws

SEC Cracks Down On “Initial Coin Offerings”: Concludes Tokens Are Subject To Securities Laws:

In groundbreaking news for the blockchain community, moments ago the SEC issued a press release, which concluded that DAO Tokens, a Digital Asset, are securities for regulatory purposes, and cautioned that US Securities law “may” apply to offers, sales and trading of interested in virtual organization, targeting the increasingly more popular Initial Coin Offerings.

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U.S. House Overwhelmingly Passes Veto-Proof Russia Sanctions Deal

– House Overwhelmingly Passes Veto-Proof Russia Sanctions Deal:

Setting up a showdown not between the US and Russia but between Washington and the EU which has emerged as the most vocal opponent of ongoing, unilateral anti-Russian escalation by the US, moments ago the U.S. House passed bipartisan legislation codifying and imposing further sanctions on Russia, Iran and North Korea, and preventing the president from acting unilaterally to remove certain sanctions on Russia.

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“Shrinkflation” – How Food Companies Implement Massive Price Hikes Without You Ever Noticing

“Shrinkflation” – How Food Companies Implement Massive Price Hikes Without You Ever Noticing:

Do you ever get the sense that your favorite steak at that Quick Service Restaurant of your choice keeps getting thinner and thinner all while your check size at the end of the night continues getting larger and larger.  Well, it is.

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Wisconsin Firm Microchips Employees: “It’s Inevitably The Next Thing… And We Want To Be Part Of It”

Wisconsin Firm Microchips Employees: “It’s Inevitably The Next Thing… And We Want To Be Part Of It:

In April we noted that Swedish company Epicenter had begun implanting RFID chips into workers hands… and the workers loved it… it makes opening doors and buying smoothies so easy and convenient, and your coworkers will even throw a party for you once you take the plunge to become a cyborg.

The injections have become so popular that workers at Epicenter hold parties for those willing to get implanted.

“The biggest benefit I think is convenience,” said Patrick Mesterton, co-founder and CEO of Epicenter. As a demonstration, he unlocks a door by merely waving near it. “It basically replaces a lot of things you have, other communication devices, whether it be credit cards or keys.”

Workers there seem alright with the idea. In the article, the general attitude is perhaps best captured by the comment of one 25-year-old worker:

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A Mystery Investor Has Made A 262 Million Dollar Bet That The Stock Market Will Crash By October

A Mystery Investor Has Made A 262 Million Dollar Bet That The Stock Market Will Crash By October:

One mystery trader has made an extremely large bet that the stock market is going to crash by October, and if he is right he could potentially make up to 262 million dollars on the deal.  Fortunes were made and lost during the great financial crisis of 2008, and the same thing will happen again the next time we see a major stock market crash.  But will that stock market crash take place before 2017 is over?  Without a doubt, we are in the midst of one of the largest stock market bubbles in U.S. history, and many prominent investors are loudly warning of an imminent stock market collapse.  It doesn’t take a genius to see that this stock market bubble is going to end very badly just like all of the other stock market bubbles throughout history have, but if you could know the precise timing that it will end you could set yourself up financially for the rest of your life.

I want to be very clear about the fact that I do not know what will or will not happen by the end of October.  But one mystery investor is extremely convinced that market volatility is going to increase over the next few months, and if he is correct he will make an astounding amount of money.  According to Business Insider, the following is how the trade was set up…

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“Was It Luck?” I Don’t Know, Maybe”: Is A 34-Year-Old Och-Ziff Trader Worth $280 Million?

“Was It Luck?” I Don’t Know, Maybe”: Is A 34-Year-Old Och-Ziff Trader Worth $280 Million?: 

Och-Ziff Capital Management put a five-year-long investigation by Department of Justice and Securities and Exchange Commission to rest last year when it agreed to pay a $412 million fine to settle allegations that its Africa unit violated the Foreign Corrupt Practices Act by paying more than $100 million in bribes to corrupt government officials. But even after slashing its management fee following a wave of customer redemptions, the publicly traded hedge fund is in rough shape. Its shares are languishing around $3, well below their peak of $26, and investors have pulled nearly a third of their assets from the fund, which had $32 billion AUM in May, down from more than $50 billion at its peak in 2015.

With the firm in dire need of rebranding, Dan Och, CEO and chairman of his eponymous firm, announced a major management shakeup back in February hoping it would help revive the firm’s battered image. While Och retained his titles, much of the firm’ day-to-day operations would be handled by Jimmy Levin, the former star of its credit business, who would take over as co-chief investment officer. Och personally contributed 30 million of his shares – about one-third – to Levin’s $280 million incentive package, a massive sum that Bloomberg noted is a rarity in Wall Street today.

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“Worse Than People Can Imagine” – Deutsche Bank To Shift $350 BILLION Of Assets From London To Frankfurt

“Worse Than People Can Imagine” – Deutsche Bank To Shift $350 Billion Of Assets From London To Frankfurt:

“The worst is always likely to be worse than people can imagine…”

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Goldman To Nervous Bitcoin Traders: Be Patient, The Next Surge Will Take It Above $3,600

Will the ‘Muppets‘ ever learn?

Is it Goldman’s job do lure them all in before the coming collapse?

Goldman To Nervous Bitcoin Traders: Be Patient, The Next Surge Will Take It Above $3,600:

“Bitcoin could make a marginal new low –to ~1,786—but again, not much further than there. Anything above 3,000 (Jun. 13th high) will suggest potential to have already started wave V, which again has a minimum target at 2,988 and scope to reach 3,691.”

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CLOSE TO NEW GOLD STANDARD? Australia Exports Record Amount Of Gold To China

CLOSE TO NEW GOLD STANDARD? Australia Exports Record Amount Of Gold To China:

Are the Chinese getting close to announcing a new gold-backed currency? Well, if the record amount of Australian gold exports into China is an indicator, it may be close at hand. While the Chinese have been importing a lot of gold from Australia, it reached a new record high in 2017.

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Venezuelans Are Now Paying 1000 Times More For US Dollars Than They Did In 2010

Venezuelans Are Now Paying 1000 Times More For US Dollars Than They Did In 2010:

The hyperinflationary-hell in Venezuela’s currency is deepening as a crippling dollar shortage and a threat of oil sanctions (amid President Maduro’s attempts to rewrite the constition to maintain his grip on power) take their toll on the economy.

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Venezuela Will Be The First Sovereign Oil Producer To See An “All-Out Collapse”

Venezuela Will Be The First Sovereign Oil Producer To See An “All-Out Collapse”:

“In a global oil market mired in excess inventory and low expectations, Venezuela is the most tangible of wildcards…”

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