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Archive for the ‘economics’ Category


Banks like to pretend that they’re so much more established and secure than the world of cryptocurrencies, but as anybody who pays close attention to the headlines would know…that’s just not the case…

Setting aside all of their rhetoric about embracing the blockchain, banks have mostly avoided or opposed cryptos (Goldman Sachs, sensing the opportunity for profit, is one notable exception), often citing their volatility and the ease with which they can be used to launder money as qualities that disqualify them from being taken seriously (though, as we recently witnessed with the US dollar, perhaps banks need to rework this volatility argument a bit).  Even yesterday’s announcement of the first criminal charges against a cryptocurrency trader pales in comparison to the many, many crimes that banks (or even one bank) have settled allegations of. The real answer to why the banks’ dislike cryptocurrencies is probably because they feel threatened. The recent selloff notwithstanding, the rise of cryptocurrencies has continued unabated, despite the efforts of some of the most powerful governments on Earth, while the concept is still very young, it does have potential to shake up the aging fiat system. In order to understand the race between the banks and cryptocurrencies, we developed a visual to see just how “David” is comparing to “Goliath.”

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Speaking to the Senate Foreign Relations Committee, Assistant Secretary of Defense Randall Schriver on Tuesday revealed that the Pentagon expects the cost of the Afghan War in 2018 to come to $45 billion.

Assistant Secretary of Defense Randall Schriver and Deputy Secretary of Defense John Sullivan

This obviously is subject to change, in the face of more probable escalations. The cost includes $13 billion in direct cost for US troops already committed, $5 billion to prop up Afghanistan’s own struggling military, and other funding for logistics, aid projects, and other assorted expenses.

That’s a lot of money to throw at the war in its 16th year, and there is a lot of questioning of the merits among senators of both parties, concerned that yet another doubling down on a war long since lost may not be the most prudent of courses.

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In this expansive and self-revealing talk, John McDougall MD outlines the problems and solutions to the health crisis facing America, and how government, business and individuals can easily and quickly solve this crisis.

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Mad, Mad Markets


In this episode of the Keiser Report Max and Stacy discuss mad markets, first mover advantage in the ‘blockchain’ business and the big profits in central bank as hedge fund model. In the second half Max interviews Adella Toulon-Foerster about HODL tourism, bitcoin as a store of value or payments system and the future of the ICO market.

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Mike Mish Shedlock

by

Mike Mish ShedlockSince August 2017
As the stock market soars to new highs, here’s some sobering statistics to consider.

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The joke about creative professionals being starving artists has been around for quite some time. It can be understandable why there’s this prevailing view since there are many critically acclaimed artists who failed to parley their genius into financial success. Then, there are the countless others who never even got their shot at fame.

 

The emergence of digital technologies and the internet has somehow improved the situation for creative professionals. There is now a real demand for their talents and skills in today’s workforce. In addition, there are also a variety of self-publishing platforms that artists can use to get their works out to a global audience. However, despite these developments, creative professionals continue to bemoan the barriers to effective monetization of their works. Corporations and key personalities can still exert much influence over who succeeds in the creative and entertainment industries.

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‘Florida’s 3rd District Court of Appeal just claimed that it is okay to fill your yard with plastic flamingos but if you plant vegetables, it’s illegal.

Last month, Florida’s 3rd District Court of Appeal upheld Miami Shores’ tyrannical and entirely unhealthy ban on front-yard vegetable gardens. The village of Miami Shores, according to the ruling, has every right to take legal action against residents who dare to grow food in their own yards because they are “ugly.”

SEE: Florida Court Strikes Down Front-Yard Edible Gardens For Miami Shores

The ruling in this most recent court case states that:

Miami Shores homeowners may have virtually anything in their front yard. They may decorate with garden gnomes, pink flamingos and trolls. They may park their boats and jet skis. And they are free to grow whatever trees, flowers, shrubs, grasses, fruits and berries they desire. There is, however, one thing forbidden: Vegetables.

The court’s decision was based on a now four-year long legal battle of Tom Carroll and Hermine Ricketts. All homeowners will be fined $50 a day, not for robbing banks, or trafficking humans, or running some other criminal enterprise — but for growing their own food.’

Read more: Court Rules Front Yard Garden ILLEGAL But Plastic Flamingos Are Okay

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Sponsor: Deltapine® Varieties Offer Strong Performance ...

Corporate pesticide maker Monsanto, which has faced several recent lawsuits against its products, is paying farmers to use its controversial weedkiller XtendiMax with VaporGrip, an herbicide based on a chemical known as dicamba, Yahoo News reported.

The incentive to use XtendiMax aims to refund farmers over half the sticker price of the product in 2018 if they spray it on soybeans that Monsanto engineered to resist it, according to company data.

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‘Chemotherapy is a pretty scary prospect, but a lot of people are convinced by their doctors that its potential benefits are worth enduring the very unpleasant side effects. Unfortunately, a new study shows that getting chemotherapy before surgery can actually increase the tumor cells in your blood and spread the cancer to other areas. This adds to the growing body of evidence that chemotherapy isn’t as solid of a cancer treatment as many doctors make it seem.

According to the study, which was published in Science Translational Medicine, several common breast cancer chemotherapy drugs that are used for treating localized as well as advanced breast cancer actually caused the number of microscopic structures found in breast tumors to grow. This is known as tumor microenvironment of metastasis (TMEM), and it helps invasive cancer cells to break out of the tumor and circulate into the body at large.

This is significant because it is usually distant metastasis – which occurs when cancer cells from a primary tumor in the breast form tumors in other parts of the body – that kills breast cancer patients rather than the breast tumor itself.

In the study, the researchers used four mouse models of breast cancer that were developed to imitate the clinical scenario of patients getting chemotherapy before surgery for shrinking primary tumors in locally advanced disease and killing the cancer cells that have moved into the nearby lymph nodes and elsewhere.’

Read more: Chemotherapy found to increase the number of tumor cells circulating in the blood, spreading it to previously unaffected areas

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This is the fourth part of an investigative series concerning the troubling matter of Wall Street crimes protected by federal agents switching sides to protect their secret buddies’ “bizness” schemes by conflict of interests and “revolving doors.”

In this segment, we’ll look into apparent acts of federal agents’ incompetence, willful blindness and observable acts of clear duplicity.

Today we will be looking at what are known as Deferred Prosecution Agreements. (“Defers”) aren’t even slaps on the wrists, because those fines are paid by the stockholders and not Wall Street executives who should be convicted.

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The richest 1% now owns more than half of all the world’s household wealth, according to analysts at Credit Suisse. And they say inequality is only going to get worse over the coming years, with millennials having a particularly tough time.

The Swiss bank released its latest Global Wealth Report on Tuesday, together with a statement that contained the immortal phrase, “The outlook for the millionaire segment is more optimistic than for the bottom of the wealth pyramid.”

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By Catherine J. Frompovich

The vaccine industry is under assault from various angles.  It’s only a matter of time before their fraudulent “consensus science” paradigm is exposed and picked apart as false and probably even will be discouraged from being considered as a prophylactic health modality.

One of the indicators of such a developing trajectory is found in the article “Immunity and Impunity: Corruption in the State-Pharma Nexus” published by Paddy Rawlinson, Associate Professor in International Criminology, Human and Development Studies, Western Sydney University, Bankstown Campus, Bankstown NSW, Australia.

Professor Rawlinson’s article is “Open Source.” I’d like to impress how a criminologist apparently views and assesses the deceitful shenanigans of Big Pharma, their research and toxic vaccines.  As most readers probably know, Australia is a ‘hotbed’ of repressive vaccine pseudoscience with deprivation of parental rights regarding informed consent, right to self-determination and mandatory children’s vaccinations.

Rawlinson opens his article stating that he examines “the corruption within the state-corporate nexus as it relates to vaccines and the pharmaindustry; that is the networks of industry, medical and political actors involved in their research, manufacturing, regulation and dissemination.”

Furthermore, he contends “The pharmaceutical industry (pharmaindustry) is no stranger to corruption.”

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The opioid crisis has killed thousands in the United States, and as more than 100 Americans die every day, opium poppy cultivation has hit a record high in Afghanistan in 2017. Coincidentally, President Donald Trump’s troop surge in Afghanistan has essentially been completed, boosting the number of service members on the ground from 11,000 to 14,000, the Pentagon said this week.

We’ve just completed a force flow into Afghanistan,” Marine Lt. Gen. Kenneth McKenzie, the Pentagon’s Joint Staff Director, said at a news conference. “The new number for Afghanistan is now approximately 14,000—might be a little above that, might be a little below that, as we flex according to the mission.”

Coinciding with the completion of the troop surge, the United Nations Office on Drugs and Crime and Afghanistan’s Ministry of Counter Narcotics released a report claiming that the “area under opium poppy cultivation increased by 63% since 2016, reaching a new record high.”

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