James McNeill Whistler Arrangement in Pink, Red and Purple 1883-4 • US Stock Valuations Are At Multiyear Highs – And Multiyear Lows (MW) • Australia’s Lending Rules Are About to Batter Home Buyers (BBG) • Macron Says He Convinced Trump To Stay In Syria (AFP) • Trump Felt Misled, Angry Over Expulsion Of 60 Russian Diplomats (MW) • Comey And Mueller Have Both Fallen Into Trump’s Trap (MW) • A Third Of People Think Facebook Has A ‘Negative Impact
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• Russia Claims OPCW Manipulated Skripal Findings (AFP) • To Opt Out Of Facebook’s Tracking, I’m Going To Have To Join Facebook (Wired) • Tesla Is The Worst Car Manufacturer In The Developed World (F.) • New Lawsuit Alleges Musk Knowingly Lied About Model 3 Production (ZH) • Subprime Stages Comeback As ‘Non-Prime’ (CNBC) • 247,977 Stories In The Vacant City (NYDN) • Judge Rules Exxon Can’t Stop Probe Into Whether They Lied For Decades (Ind.) • World May
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Pieter Bruegel the Elder The Fall of the Rebel Angels 1562 Lots of rants today, obviously, lots of -slightly- different angles.. Here’s Dr. D’s. He beat me to it… Dr. D: Too annoyed to comment on the attack. But hey, really NOT attacking would be the change here. There was a recent article, falsely saying: “[H]is successful repression of the Chechen revolt…hardly endeared Putin to the Chechens.” Oddly, this was from Russia Today. No, the Chechen
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Robert Capa Anti-fascist militia women defending a street barricade, Barcelona 1936 • US Media Love War More Than They Hate Trump (Khalek) • US Defence Secretary Mattis Says ‘This Was A One-Time Shot’ – For Now (Ind.) • Why Is ‘Bad Guy’ Putin So Popular At Home? (Steve Keen) • Trump’s Actions in Syria Violate US Constitution (Kucinich) • Long Wars (Claire Connelly) • The Deep State Takes A Hostage (Stockman) • Irish High Court Sets Out 11 Questions
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Ezra Stoller Parking garage, New Haven, Connecticut 1963 • Zombies In Our Midst (Felder) • After 10 Fat Years For Stock Investors A Lean Decade Is Looming (MW) • China Records Rare Trade Deficit In March As Exports Fall 2.7% (R.) • London House Prices Falling At Fastest Rate In Nine Years (G.) • Google Saves Manhattan Office Market. Chinese Buyers Vanish (WS) • The Deep State Closes In On The Donald: Mueller’s War, Part 2 (Stockman) • Bitcoin
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Pieter Bruegel the Elder The Triumph of Death c1562 This is turning into a comedy. A black comedy, for sure, but still. As both the Skripal novichok ‘poisoning’ case in Britain and the ‘chemical attack’ in Douma, Syria fall flat on their faces on a total and absolute lack of evidence, it’s becoming clear that western ‘authorities’ are not at all planning to let go of the privilege that in times gone by allowed them to claim whatever they
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The marine and the kitten, Korean War, 1952 • It’s Pure Math – We’re Headed for a Train Wreck (USAW) • Licence to Kill (Le Monde Diplomatique) • It’s No Longer Advertising – It’s Behaviour Modification (BBC) • Zuckerberg’s Answer To Facebook’s Problems: More Facebook (Ind.) • The Uncomfortable Question: Is Facebook A Monopoly? (MW) • UK Economic Growth Has Fallen By Half (G.) • More Than 100,000 British Households Set To Be Homeless By 2020 (Ind.) • US
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Jan van Eyck The Last Judgement (detail) 1430 • Hussman’s Script For A 60% Tumble In The Stock Market (MW) • World Trade System In Danger Of Being Torn Apart – Lagarde (G.) • Eurocontrol Warns Airlines Of Possible Missile Strikes Into Syria (R.) • Russian Envoy: Any US Missiles Fired At Syria Will Be Shot Down (R.) • We All Need To Unite Against War In Syria (CJ) • Zuckerberg Deflects Senators’ Questions, Gets $3 Billion For The
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Acme Storm over Manhattan 1950 • Trump Blasts “Disgraceful” FBI Raid Of Lawyer’s Office (ZH) • Xi Vows To Further Open China Economy As US Trade Spat Simmers (AFP) • Global Debt Jumped to Record $237 Trillion Last Year • US Deficit to Surpass $1 Trillion Two Years Ahead of Estimates – CBO (BBG) • Global Trade Is Broken, And Trump Is Sparking The Crisis Needed (Morici) • Russian Firms And Rouble Hit Heavily By Trump Sanctions (G.) •
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Keith Haring Retrospect 1989 Longtime and dear friend of the Automatic Earth, professor Steve Keen, wrote an article recently that everyone should read (that goes for everything Steve writes). It’s hard to select highlights, but I’ll give it a try. Steve explains where our housing markets went off the rails, what (short-sighted) interests politicians have in subverting them, and, something rarely addressed, why housing markets are unlike any other markets (the turnover of existing properties is financed with newly
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