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Archive for the ‘economics’ Category


The only way to systemically lower costs is to make prevention and transparency the top priorities.
As I have been noting for a decade, the broken U.S. healthcare system will bankrupt the nation all by itself. We all know the basic facts: the system delivers uneven results in terms of improving health and life expectancy while costing two or three times more per person compared to our advanced-economy global competitors.
This chart says it all: the global outlier in low life expectancy and exorbitant cost is the U.S.

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Market analyst Lynette Zang says we are headed towards an undemocratic technocratic financial system. Zang explains, “Technocrats don’t care about people, they care about systems. That’s what the most important thing is. The formulas that guide all of those systems is not how a democracy works. . . . Essentially, what they are trying to do is get all wealth held in cyberspace and the title to all wealth held in cyberspace. Then the “Smart Contract” can immediately transfer that title. You can go to the mall and spend the equity in your house.”

Zang warns that central banks could make a big mistake and lose control quickly. Zang says, “They could lose control because it’s all about confidence. Why do they keep testing all of this confidence? People have been losing a lot of confidence in the governments and central banks. Why do they need a trustless system? They could lose control.”

Zang says every fiat currency will reset against gold and silver, and if it happened today, she estimates “gold would be more than $9,300 per ounce” and “silver would be more than $625 per ounce.” Zang says, given all the unpayable debt in the world, those are conservative estimates.

Join Greg Hunter as he goes One-on-One with Lynette Zang, Chief Market Analyst at ITMTrading.com.

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The mainstream media’s silence over Klaus Eberwein’s death is deafening. Eberwein was a former Haitian government official who was expected to expose the extent of Clinton Foundation corruption and malpractice next week. He has been found dead in Miami at the age of 50.

The circumstances surrounding Eberwein’s death are also nothing less than unpalatable. According to Miami-Dade’s medical examiner records supervisor, the official cause of death is “gunshot to the head.” Eberwein’s death has been registered as “suicide” by the government. But not long before his death, he acknowledged that his life was in danger because he was outspoken on the criminal activities of the Clinton Foundation. 

Eberwein was a fierce critic of the Clinton Foundation’s activities in the Caribbean island, where he served as director general of the government’s economic development agency, Fonds d’assistance économique et social, for three years. “The Clinton Foundation, they are criminals, they are thieves, they are liars, they are a disgrace,Eberwein said at a protest outside the Clinton Foundation headquarters in Manhattan last year. Eberwein was due to appear on Tuesday before the Haitian Senate Ethics and Anti-Corruption Commission where he was widely expected to testify that the Clinton Foundation misappropriated Haiti earthquake donations from international donors. But this “suicide” gets even more disturbing…

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Gosh, what a coincidence! About the same time the Pentagon says it just has to have 4,000 more US troops in Afghanistan, up pops a US trained, supported and protected ISIS head chopper!

Gee, wonder where this latest ISIS THUG–Israeli Secret Intelligence Services–is getting all that money to pay murderers, rapists and thieves working to spread fear and terror in Afghanistan so the Pentagon will say they need more money and troops to fight the terrorist outfit they created?

One thing’s for sure, those US troop protected poppy fields are safe, probably the safest spot to be in Afghanistan when the USAF is dropping bombs, because they sure as Hell won’t bomb the Rothschilds Garden of Evil.

And with another planned Wall Street Casino implosion just around the corner, the poppy fields will be needed to keep the gangster banks afloat, just like they did in 2008.

‘No end to his killings’: Afghans who fled & resisted new ISIS warlord Azizullah to RT

The realm of warlord Azizullah, who had been terrifying people in Afghanistan for years, has become the newest “caliphate” of Islamic State in the north of the country, after the terrorist was “unexpectedly” freed from prison, locals revealed to RT.

The son of an Uzbek jihadist leader, Azizullah is a second-generation warlord. Often described as dangerous, ambitious, and fanatical, the infamous jihadist has brought death to many people in Afghanistan. Until recently, he was incarcerated in the notorious Bagram prison – but in the fall of 2016, Azizullah was released, according to the Russian Foreign Ministry. Locals told RT’s Murad Gazdiev that it happened “unexpectedly.”

The war correspondent managed to speak to some of the locals and refugees in Mazari Sharif in Northern Afghanistan, who have witnessed and suffered the warlord’s atrocities in the neighboring Faryab and Sar-e-Pul provinces. They have spoken up about the carnage in their native lands for the first time.

MORE HERE

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A friend of mine from India tells a story about driving an old Volkswagen beetle from California to Virginia during his first year in the United States. In a freak ice storm in Texas he skidded off the road, leaving his car with a cracked windshield and badly dented doors and fenders. When he reached Virginia he took the car to a body shop for a repair estimate. The proprietor took one look at it and said, “it’s totaled.” My Indian friend was bewildered: “How can it be totaled? I just drove it from Texas!”

My friend’s confusion was understandable. While “totaled” sounds like a mechanical term, it’s actually an economic one: if the cost of repairs is more than the car will be worth afterwards, the only economically ‘rational’ choice is to drive it to the junkyard and buy another one.

In the ‘throwaway societies’ of the industrialized world, this is an increasingly common scenario: the cost of repairing faulty stereos, appliances, power tools, and high-tech devices often exceeds the price of buying new. Among the long-term results are growing piles of e-waste, overflowing landfills, and the squandering of resources and energy.’

Read more: Have You Noticed That the Cost of Repairing Something Is Often Higher Than Buying a New One? It’s Intentional

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Oil

The latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very little room on the upside for oil prices and that we will have to wait until 2018 at the earliest before the market gets closer to “balance.”

But the one major wildcard for oil prices is geopolitics, which, however unlikely given the degree of supply overhang that still exists, could send prices up. But how high? The latest blockade of Qatar, which has mushroomed into a regional political crisis in the Middle East, would have caused a severe spike in oil prices in the past, even though Qatar is a relatively minor producer. However, the simmering standoff not only failed to register, but occurred at a time of falling oil prices.

MORE HERE

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READER SUBMITTED NEWS

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The state of Illinois is in big trouble. In fact, they’re facing an economic collapse. Some pundits are calling them “The Venezuela of the United States.”

They owe $14,711,351,943.90 in overdue bills. This does not count their day-to-day operating expenses – this is money that should have already been paid out, but wasn’t. Nearly 15 BILLION DOLLARS.

Like every person who has ever spent more than they’re making with no regard for budget, things are starting to go downhill in an ever-growing avalanche of disasters.

1) Illinois is about to be the first state ever to have their credit downgraded to “junk.”

MORE HERE

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The stock market is luvin’ McDonalds stock, which has continued its recent relentless rise to all time highs, up 26% YTD, oblivious to the carnage among the broader restaurant and fast-food sector. There is a reason for Wall Street’s euphoria: the same one we discussed in January in “Dear Bernie, Meet the “Big Mac ATM” That Will Replace All Of Your $15 Per Hour Fast Food Workers.”

In a report released this week by Cowen’s Andrew Charles, the analyst calculates the jump in sales as a result of the company’s new Experience of the Future strategy which anticipates that digital ordering kiosks (shown above) will replace cashiers in at least 2,500 restaurants by the end of 2017 and another 3,000 over 2018. Cowen also cited plans for the restaurant chain to roll out mobile ordering across 14,000 U.S. locations by the end of 2017 (we did not show that particular math, but the logic was similarly compelling).

SOURCE

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‘A member of the U.S. Environmental Protection Agency recently informed the public that radioactive waste from the decommissioned Hanford nuclear power plant is ‘flowing freely’ into the Columbia river.

The mighty Columbia river is the largest river in the Pacific Northwest region of America, flowing down from Canada, winding through eastern Washington state and along the border between Oregon, ultimately moving through downtown Portland and into the Pacific. The Hanford site, located near Kennewick, WA is up river from a million or so people, not to mention the wildlife.’

Read More: Radioactive Waste Flowing Freely into Columbia River Because There’s No Money to Stop It

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Finding Apple connectivity accessories for iPhone, iPad, Mac’s and more? PrimeCables.com carries Thunderbolt Cables, Lightning Cables, Display port Cables and 30Pin Apple Cables.

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America divided – this concept increasingly graces political discourse in the U.S., pitting left against right, conservative thought against the liberal agenda. But for decades, Americans have been rearranging along another divide, one just as stark if not far more significant – a chasm once bridged by a flourishing middle class.

“Collapse” by Erica Woodson

 

Peter Temin, Professor Emeritus of Economics at MIT, believes the ongoing death of “middle America” has sparked the emergence of two countries within one, the hallmark of developing nations. In his new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Temin paints a bleak picture where one country has a bounty of resources and power, and the other toils day after day with minimal access to the long-coveted American dream.

MORE HERE

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For more informative videos and free information visit http:drmcdougall.com
Peter C. Gøtzsche, MD is a Danish medical researcher, and leader of the Nordic Cochrane Center at Rigshospitalet in Copenhagen, Denmark. He has written numerous reviews within the Cochrane collaboration.
Dr.Gøtzsche has been critical of screening for breast cancer using mammography, arguing that it cannot be justified; His critique stems from a meta-analysis he did on mammography screening studies and published as Is screening for breast cancer with mammography justifiable? in The Lancet in 2000. In it he discarded 6 out of 8 studies arguing their randomization was inadequate.

In 2006 a paper by Gøtzsche on mammography screening was electronically published in the European Journal of Cancer ahead of print. The journal later removed the paper completely from the journal website without any formal retraction. The paper was later published in Danish Medical Bulletin with a short note from the editor, and Gøtzsche and his coauthors commented on the unilateral retraction that the authors were not involved in.

In 2012 his book Mammography Screening: Truth, Lies and Controversy was published. In 2013 his book Deadly Medicines and Organized Crime: How Big Pharma has Corrupted Healthcare was published. http://www.cochrane.org/

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