Pable Picasso Le Pengouin 1907 • US Loan Creation Crashes To Six-Year Low (ZH) • UK Has All The Ingredients For A New Credit Crunch (G.) • Media To Trump: Only Cozy Up To The Right Dictators (FAIR) • America’s Cash Cow: ‘Trump Does Not Value The Saudis, Only Their Money’ (RT) • Nassim Taleb Tells Ron Paul: “We’ll Destroy What Needs To Be Destroyed” (ZH) • How Did Russiagate Start? (Matt Taibbi) • Jeremy Corbyn Defies His Critics
Read More...Alfred Buckham Tower of London and Tower Bridge c1920 • Trump’s $115 Billion Saudi Weapons Deal Ratifies US Support For Yemen War (WE) • A Quarter Of Americans Can’t Pay All Their Monthly Bills (ZH) • U.K. Threatens to Quit Brexit Talks If It Faces Massive Bill (BBG) • Tory Support Wobbles as Labour Attacks May’s Pensioner Plans (BBG) • May’s Plan To End Free School Lunches ‘To Hit 900,000 Struggling Families’ (O.) • Theresa May’s Tory Manifesto Scraps
Read More...Minor White Windowsill Daydreaming Rochester NY 1958 • The Housing Moment Investors Dread Is Here (DDMB) • Home Ownership Among Young UK Families Halves In 20 Years (TiM) • A Monster Eating the Nation (Jim Kunstler) • Democrats Are Falling For Fake News About Russia (Vox) • Harvard Study Reveals Extent of Anti-Trump Media Bias (HeatSt.) • Comey’s 2007 Brush With Scandal: Jim’s Loyalty Was More To Chuck Schumer (SD) • Constitutional Crisis In Washington? More Like Attempted Coup
Read More...Jean-Michel Basquiat Untitled 1982 • Swedish Prosecutors Drop Julian Assange Rape Investigation (AP/R.) • Australia Economy Among ‘Walking Dead Of Household Debt’ – Steve Keen (NCA) • US Household Debt Hit Record in First Quarter (WSJ) • Why Government Surpluses Is A Terrible Idea – Steve Keen (Renegade) • How Can The Greeks Save More Money? A Monetary Parable. (Steve Keen) • Greek Parliament Approves More Austerity Measures Amid Protests (DW) • Trump Aims to Balance Budget With Deep
Read More...Pablo Picasso Bull plates I-XI 1945 Nicole Foss has completed a huge tour de force with her update of the Automatic Earth Primer Guide. The first update since 2013 is now more like a Primer Library, with close to 160 articles and videos published over the past -almost- 10 years, and Nicole’s words to guide you through it. Here’s Nicole: The Automatic Earth (TAE) has existed for almost ten years now. That is nearly ten years of
Read More...Paul Klee Fire at Full Moon 1933 • ‘Bobby Three Sticks’ Mueller to Probe Russia-Trump imbroglio (R.) • Trump To Announce $350bn Saudi Arabia Arms Deal – One Of Largest Ever (Ind.) • America’s Reign of Terror: A Nation Reaps What It Sows (Whitehead) • Investors Supercharge Bet Amazon Will Destroy US Retail (BBG) • Fed’s Kashkari Says Don’t Use Rate Hikes To Fight Bubbles (R.) • US Banks Tighten Auto Lending as More Borrowers Fall Into Default (BBG)
Read More...Arrest of Gavrilo Princip, the man who shoot Franz Ferdinand June 28 1914 • Britain’s Labour Party Unveils ‘Radical’ Election Manifesto (AFP) • UK Media Trying Incredibly Hard To Keep Corbyn Out Of Number 10 (Can.) • The American Dystopia Didn’t Begin With Trump (MW) • Democratic Party Image Dips, GOP Ratings Stable (Gallup) • Chelsea Manning Set For Release After 7 Years In Prison (AP) • Hong Kong Rejects Asylum for Snowden Helpers (HRW) • The Everything Bubble:
Read More...Fred Stein Chinatown 1944 • White House: Report Trump Shared Classified Info With Russians is ‘False’ (RT) • Trump’s Classified Disclosure Is Shocking But Legal (BBG) • The ‘Soft Coup’ of Russia-Gate (Robert Parry) • China’s Silk Road Vision: Cheap Funds, Heavy Debt, Growing Risk (R.) • China Banking Regulator Tightens Rules On WMPs, Flags More Curbs (R.) • New Zealand Housing Market Most at Risk of Bust – Goldman (BBG) • Snowden & Chomsky Lead Calls To Drop
Read More...Fred Stein Ballfield NY 1946 • Global Property Bubble Is Ready To Pop (MF) • 3 Cities Push Canada To Another Record On House Prices (HPo) • Cyber Attack Aftershocks Disrupt Devices Across Asia on Monday (R.) • Lessons From Last Week’s Cyberattack (Microsoft) • The World Is Getting Hacked. Why Don’t We Do More to Stop It? (NYT) • Peak China: Chinese Data Misses Across The Board (ZH) • Why India Is Cool Towards China’s Belt And Road
Read More...Henri Matisse Sorrow of the King 1952 • US Says Trump ‘Can’t Imagine Russia Pleased’ With North Korea Missile (R.) • Macron Takes Office As French President (AFP) • Tech Companies Have Become Monopolies, Drag On Economic Growth (AT) • ‘We Can’t Do Brexit With Half The Brexiteers Outside The Tent’ (G.) • Schaeuble Says Financial Transfers In Euro Zone Are Necessary (R.) • Ireland Is World’s Fourth-Largest Shadow Banking Hub (ITimes) • London Home Raffled For £3.75m Bought
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