On Monday, Teachout decided to bypass Faso himself and go after his donor. In a video posted to her Facebook account, she criticized Singer and challenged him to a debate. This is a pretty genius move by Zephyr Teachout… Read more…
Given the current abundance of food globally, confidence in permanent food surpluses and low grain prices is high. Few worry that the present abundance of food could be temporary. But the global food supply is more fragile than we might…
We ask whether, as Schrödinger’s cat rules monetary and fiscal policy, could a collateralised Embassy Cat bond deliver the asset value the Bank of England needs? And, is the ECB financing M&A activity in the donut sector in order to…
So what’s my point? My point is this race is a lot closer than people think, and media headlines re:polls are probably being spun across the board. Most people just read headlines and never bother to actually read articles, let alone…
Catch-22 (from the 1961 novel set in World War II Catch-22) has several shades of meaning (bureaucratic absurdity, for example), but at heart it is a self-referential paradox: you must be insane to be excused from flying your mission, but…
Gold in UK pounds neared its post-Brexit high overnight as sterling fell sharply on currency markets due to concerns about rising inflation as shown in data today and the outlook for the UK economy. Gold is up nearly 4% in…
The soldier pointed his AK-47 at the female aid worker and gave her a choice. “Either you have sex with me, or we make every man here rape you and then we shoot you in the head,” she remembers him…
Mainstream economists are mystified why wages/salaries are still stagnant after 7+ years of growth / “recovery.” The conventional view is that wages should be rising as the labor market tightens (i.e. the unemployment rate is low) and demand for workers…
Deposit bail-in risks are slowly being realised in Ireland, after it emerged overnight that FBD, one of Ireland’s largest insurance companies, have been moving cash out of Irish bank deposits and into bonds. Revelations regarding deposit bail-in risks came in the wake…
We discuss ‘crexit’ and the dark heart of Italy’s banking crisis as central bank intervention increases financial risk. In the second half Max continues his interview with Francine McKenna of Marketwatch.com about the current trials against the auditors taking place…
In my recent essay Could the Deep State Be Sabotaging Hillary? I wrote: “An increasingly powerful sector of the Deep State views the neo-con agenda as a disaster for American interests, and is far more focused on the Long Game…
Gold buying surged to record levels in H1, 2016 due to increasing concerns about the political, economic and monetary outlook. In particular, deepening concerns about the negative interest rate money “madness” of central banks today. Heike Hofmann sells fruit and vegetables in…
With American media once again singularly obsessed with the latest thing Donald Trump said, you might be surprised to find out that actual news is occurring. What I’m referring to specifically is the latest incident of transparency flouting from the self-proclaimed “most transparent administration”…
We discuss the reckless gamble that Governor John Kasich of Ohio – one of the ‘legitimate’ and ‘respectable’ candidates (as per the media) in the Republican primaries – chose to take with the state’s pension funds. In the second half…
Gold investment demand surged to a record in the first half of 2016 and overtook the previous high seen during the 2009 financial crisis on a “perfect storm” for gold according to the ‘Gold Demand Trends Q2 2016’ report which…