René Magritte The son of man 1946 • ‘Prophet Of Doom’ Predicts Stock Market Will Plunge More Than 50% (MW) • Prepare For Biggest Stock-Market Selloff In Months – Morgan Stanley (MW) • US Treasury Raises 2018 Borrowing Need To $1.33 Trillion (ZH) • QE Turns Ten (Stephen Roach) • Fruits of the Great 2017 GOP Tax Cut Scam (Lendman) • Britain’s Borrowing Binge Continues As Brexit Looms (Ind.) • Brexit: UK Warns EU Of Tit-For-Tat Measures Over Financial
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Pablo Picasso Family of Saltimbanques 1905 Why did Britain vote Yes in the Brexit vote Cameron called? To a large degree to protest policies he himself imposed. For many it’s still a mystery ‘mechanism’, but not for all. People like Steve Bannon understand it very well. That is, austerity and mass migration make voters turn to the political right. Even if they are initiated by the right. When Britain’s Tories under David Cameron and George Osborne began ripping apart
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Salvador Dali Meditative rose 1958 • Julian Assange’s Fate Is Being Decided At The Moment (ZH) • The Dollar Will Continue To Surge, Crush Emerging Markets Stocks (F.) • China’s Yuan Hits 13-Month Low On Weaker Fixing And Depreciation Bets (R.) • The Chinese Economy Is Held Together By Capital Controls (Peters) • Beijing To Shut 1,000 Manufacturing Firms By 2020 (R.) • Hedge Fund Manager Steve Eisman Bets Against Tesla (MW) • This Is What A No-Deal Brexit
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Pablo Picasso The old guitarist 1903-4 • What the GDP Report Won’t Tell You About the Economy (DDMB) • Julian Assange Looks For Deal To End ‘Diplomatic Isolation’ (CNN) • In Refusing To Defend Assange, Mainstream Media Exposes Its True Nature (CJ) • Round the Bend (Jim Kunstler) • David Cameron’s Welfare Cuts Led Directly To The Brexit Vote (Ind.) • An Open Letter to Bernie Sanders: ‘No Bernie, It Wasn’t the Russians’ (MPN) • Putin Calls Christianity Foundation
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Henri Matisse Window at Tangiers 1912 • The Big Adjustments in “Real” GDP (WS) • China-US Trade War Would Wipe 20% Off The S&P 500 – UBS (CNBC) • Trump Tariffs: Turning Point In History, End Of Globalisation – Duncan (SCMP) • Julian Assange’s Fate Rests On Death Penalty Assurances -Moreno (CNN) • ‘Assange’s Days In Ecuadorian Embassy In London Are Numbered’ – Correa (RT) • Twitter Share Price Drops 17% As Q2 Results Released (Ind.) • Facebook Is
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Pablo Picasso The three dancers 1925 • The Mirage That Will Be Q2-GDP (Roberts) • Household Debt In UK ‘Worse Than At Any Time On Record’ (G.) • BRICS Nations Pledge Unity As Trade War Threatens (AFP) • Facebook’s $120 Billion Rout Biggest Loss In Stock Market History (CNBC) • Trade Deal With EU Greater In Scope Than Expected – US Official (R.) • Macron ‘Not In Favour’ Of Vast New US-EU Trade Deal (AFP) • EU’s Barnier Kills
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Roy Lichtenstein Forget it! Forget me! 1962 • Trump Says Agreed With EU To Work To Lower Trade Barriers (R.) • Republicans Begin Impeachment Proceedings Against Rosenstein (ZH) • The Gray Lady Thinks Twice About Assange’s Prosecution (McGovern) • Facebook Stock Drops 24%, $132 Billion In Lost Market Value (MW) • China Pulls Approval For Facebook’s Planned Venture (R.) • This Stock Market Isn’t As Strong As You Think – Rosenberg (CNBC) • US Household Wealth Is In A
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René Magritte Empire of light 1950 There’s not a shade of a doubt that I’m not an expert on tariffs, trade barriers and subsidies, and I’d be the last to suggest any such thing. But I can read. Still, do correct me if I’m wrong anywhere. The whole field is so complicated -no doubt often on purpose- that there’s always the possibility that there are side issues involved for which one would need to actually be an expert. But
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Ivan Aivazovsky Lake Maggiore 1892 • Trump Downbeat Ahead Of Trade Talks With EU (R.) • Trump’s $12 Billion Aid For Farmers Risks Unintended Consequences (CNBC) • ECB To Hold Steady Amid Heightened Risks Of A Trade War (CNBC) • Alphabet May Become The Berkshire Hathaway Of The Internet Age (CNBC) • Brexit: Raab ‘Sidelined’ As May Takes Control Of EU Negotiations (G.) • “Cliff Edge” Brexit Threatens $34 Trillion of Derivative Contracts (DQ) • UK Ministers Set To
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Jacques-Louis David Erasistratus Discovering the Cause of Antiochus’ Disease 1774 One thing that’s not receiving enough attention in the respective Assange and Russia coverage is to what extent both protagonists are needed in each other’s narratives to keep each of these alive. Without explicitly linking Assange to Russia, allegations against him lose a lot, if not most, of their credibility. Likewise, if Assange is not put straight in the middle of the Russia story, it too loses much. Linking
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