part one of this series, I wrote about the deflation specter that is haunting Europe. Central bankers are so fearful of deflation that they want an inflationary cushion to prevent an economic shock or geopolitical crisis from sending low inflation into negative territory. The Federal Reserve, European Central Bank, Bank of England and Bank of Japan have inflation targets of 2 percent.
The euro has been defying gravity for years. Europe’s Teutonic North and Club Med South were joined under one monetary policy. But the 18-member euro area has no common fiscal policy and probably never will, given its vast cultural and economic differences. This hardly makes the euro a safe-haven currency.
A major new scientific study has confirmed growing conviction that the world’s most widely used chemical herbicide, Monsanto Corporation’s Roundup is toxic and a danger to human as well as animal organisms. The latest scientific research carried out by a multinational scientific team headed by Professor Andrés Carrasco, head of the Laboratory of Molecular Embryology at the University of Buenos Aires Medical School and member of Argentina’s National Council of Scientific and Technical Research, presents alarming demonstration that Monsanto and the GMO agribusiness industry have systematically lied about the safety of their Roundup. Roundup in far
Technology, like Nature itself, has no emotional stake in what is creatively destroyed. We all know the Federal Reserve is terrified of deflation, because they keep telling us that deflation is the equivalent of death and inflation is the equivalent of oxygen. What they fail to mention is that inflation is only oxygen for debtors barely able to service their debt and those who profit from debt, i.e. bankers and financiers.
GDP is no longer an accurate gauge of economic activity in the economy, according to the ESRI. It noted that last year GDP shrank by 0.3% but GNP rose by 3.3%. “Over the last two years, it has become increasingly difficult to unravel recent trends in the economy, much less to forecast developments in the coming year,” the ESRI stated.
Why would Israel have a plane identical to the missing Malaysia Airlines plane in storage in Tel Aviv? The plane in this photo is Boeing 777 2H6(ER) first flown in July 1998, Construction No. 28416* (Original Reg. No. 9M-MRI), an identical twin of the missing plane, which was given a new registration number (N105GT) and flown to Israel in November 2013.
“The integrity of the markets is at the heart of our economy. High-frequency trading undermines that integrity and causes the market to lose credibility and investors to lose trust. This hurts our economy and country. It is time to treat the cancer aggressively.”
Just as the NSA is monitoring the world, every intelligence agency from China to Russia pay close attention to our models. Whether they listen to them or just want to know what it has to say is another question I doubt they would ever answer.
Professor William A. Tiller is someone many people would describe as a scientist ahead of his time. His ideas and theories are intriguing, though-provoking and challenging to the orthodox scientific community. He invites people on a journey beyond traditional science. Among many things, Professor Tiller is convinced that we can evolve our mind and emotions to such an extent that we actually influence our daily lives in physical reality. In other words, he suggests that our thoughts can change reality.
A. Gary Shilling, a Bloomberg View columnist, is president of A. Gary Shilling & Co., a consultancy in Springfield, New Jersey. He is the author of “The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation.”
By A. Gary Shilling (This is the first in a two-part series.) Since the start of 2014, investors have fretted over emerging markets. And they should. Early in this economic recovery, investors repelled by low returns in the developed world leaped for the stocks and bonds of emerging markets, whose markets promised faster growth.
Benjamin Fricke is an Analyst of EU Affairs and German Foreign Policy at the Political Developments Research Center (PDRC), a think tank based in Yerevan, Armenia. *** The Political Developments Research Centre (PDRC) is a non-profit organization based in Armenia. The Center owes no allegiance to any government, or to any political organization, and is strictly independent. PDRC was founded in July, 2006 in Armenia by a number of individuals interested in how to manage on objective and useful researches in the politically dynamic 21st Century.
A renowned astronomer has broken with scientific orthodoxy to claim that astrology could have some basis in fact. Long dismissed as little better than fortune telling, astrology has been attacked as a pseudo-science by the Royal Astronomical Society. But one of its members, Dr Percy Seymour, has reopened the debate with a provocative book claiming movements of the sun, stars and planets can influence the brains of unborn children in measurable ways.
The relief rally in global stock markets is likely to be tested this week as EU leaders ratchet up sanctions against Russian president Vladimir Putin and embrace Ukraine as part of the West’s political bloc, deepening the fundamental rift with Russia.
HARROWING START TO THE YEAR: THE 11 SELF-INFLICTED DEATHS OF FINANCE PROFESSIONALS IN 2014 There have been a spate of suicides amongst financial services employees since the beginning of 2014. They’ve occurred in London, the U.S., Singapore and Hong Kong. 1. William Broeksmit, a 58-year-old former senior executive for Deutsche Bank AG, was found dead in at home after apparently taking his own life in South Kensington in central London, on January 26 2. Karl Slym, the 51 year old Tata Motors managing director was discovered dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27 3. Gabriel Magee, the 39-year-old JP Morgan employee, whodied after plummeting from the roof of the JP Morgan European headquarters in London’s Canary Wharf on January 27 4. Mike Dueker, the 50-year-old chief economist of US bank Russell Investments was discovered dead near to the Tacoma Narrows Bridge in Washington State on January 31 5. Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead on February 4 after apparently shooting himself with a nail gun. 6. Tim Dickenson, who was a U.K.-based communications director at Swiss Re AG, died in late January, in as yet unexplained circumstances 7. Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong on February 19 8. James Stuart, the former National Bank of Commerce CEO was found dead in Scottsdale, Arizona on the morning of February 19. The cause of death has yet to be announced 9. Autumn Radtke, the CEO of First Meta, a digital currency exchange firm who was found dead on February 28 outside her Singapore apartment. 10. Ed Reilly, 47, a divorced father-of-three who worked as a trader at Vertical Group in Manhattan. He jumped in front of a Long Island Rail Road train on March 11 11. Kenneth Bellando, 28, an investment banker at Levy Capital Partners jumped off his building in Manhattan’s Upper East Side on March 12
James Dines has been in the business of making bold calls for over 50 years. In this deep-diving interview, he minces no words about the dire risks the US economy - and the world at large - faces at this juncture. Simply put, he sees the excessive credit in the financial system as having placed the global economy on a collision-course with hyperinflation.
The continuing crisis in the Eurozone merely buys time for Japan and the US. Investors are seeking refuge in these two countries only because the dangers are most imminent in the Eurozone. Will these countries take this time to fix their underlying fiscal and financial problems? That seems unlikely. The lesson from all these