Miami is a goner, but it won’t happen incrementally, but all at once, during a Cat-5
Miami is a goner, but it won’t happen incrementally, but all at once, during a Cat-5 https://t.co/745T12futW — Nils Gilman (@nils_gilman) April 18, 2016
Author: Max Keiser and Stacy Herbert
When adhering to law proves burdensome the crooked buy back their own shares.
When adhering to law proves burdensome the crooked buy back their own shares. pic.twitter.com/CzPhZsgY4g
— Max Keiser (@maxkeiser) April 18, 2016
The Lesson of Empires: Once Privilege Limits Social Mobility, Collapse Is Inevitable
The next few years will strip away the illusions of “growth” and reveal which dominates our society and economy: privilege or social mobility. Among the many lessons of empires is one shared by virtually every empire:once the privileged few limit…
Kenya: Tech’s favorite policy, universal basic income, is about to get its first big test
Tech’s favorite policy, universal basic income, is about to get its first big test https://t.co/uiBpno4tBG pic.twitter.com/OIFOC3oYmL — The Verge (@verge) April 18, 2016
Obama’s America: ass-phones for prison
The Secret World of Tiny Phones That Go Inside Your Butt https://t.co/YzzJC4KKHL
— Stacy Herbert (@stacyherbert) April 17, 2016
[KR902] Keiser Report: Spy vs. spy
We discuss disintermediation of the meatspace, onshore services by offshore property sites such as Uber and AirBnB, and what the inevitable collapse in tax revenue will mean for the onshore citizen. We also discuss Goldman Sachs’ alleged $5-billion fine for…
Jim Rickards: Was informed HSBC Monaco warned offshore customers to “change account names” 30 days before #PanamaPapers revealed
Was informed HSBC Monaco warned offshore customers to “change account names” 30 days before #PanamaPapers revealed. pic.twitter.com/17yYzDfDqU — Jim Rickards (@JamesGRickards) April 16, 2016
Saudi Arabia Threatens It Will Liquidate Its Treasury Holdings If Congress Probes Its Role In Sept 11 Attacks
Saudi Arabia Threatens It Will Liquidate Its Treasury Holdings If Congress Probes Its Role In Sept 11 Attacks https://t.co/GVtd6zCYPZ
— zerohedge (@zerohedge) April 16, 2016
The Real Reason Hillary Clinton Refuses to Release Her Wall Street Transcripts
We’ve seen bits and pieces emerge from Hillary Clinton’s infamous $225,000 speech to Goldman Sachs in October 2013, but an article published by the Huffington Post yesterday adds some additional perspective. In a nutshell, the author believes that a release of these…
Jubilee Jolt: In Historic Move G20 Wipes Out Tax Haven Anonymity – ‘Market Integrity at Stake’
Breaking news from Agency France Presse (AFP): The G20 has just “embraced a crackdown” on tax haven-corporations and shell companies that will savagely and decisively rip away the last remaining vestiges of financial privacy here on Earth. This is a huge change, almost incomprehensible. In…
[TaM506] The Truth About Markets – 16 April 2016
It’s Truth About Markets time!
What Is the Minimum Investment Needed to Achieve Social Mobility?
Long-time correspondent Bart D. (Australia) posed a profound question: what is the minimum investment (in time, money and effort) needed to ensure one’s children have social mobility, i.e. a cultural/social passport to upper-middle class opportunities? This chart illustrates why the…
[TaM505] Truth About Markets – 09 April 2016
Last week’s Truth About Markets. Enjoy.
Elizabeth Warren Takes a Swipe at Paul Krugman’s “Revisionist History”
Paul Krugman made the above statement in 1998, and while I stand guilty for plenty of bad forecasts, Krugman’s internet call is arguably the worst prediction in human history. Naturally, that doesn’t prevent the man from retaining his tenured position of punditry at the New York…
“Just shoot every third person on Wall Street and everything will be fine.” -Bill Clinton
This quote went so well with a painting from my fantasy finance assassination series that I just had to put the two together for your viewing pleasure