Aug 092019
 
Epstein, or How Your News is Cooked

Prince Andrew, Virginia Roberts Giuffre and Ghislaine Maxwell in 2001   The US Court of Appeals for the Second Circuit unsealed a batch of documents in the Jeffrey Epstein case today, as announced recently. Actually, it’s a case brought by Virginia Roberts Giuffre against Ghislaine Maxwell, Epstein’s madam and main procurer of little girls. Giuffre bought the case after Maxwell accused her of lying about the whole thing. There’s still much more of this to come, and given the VIP

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Aug 082019
 
Social Media Civil War

Edward Hopper Ground swell 1939   The US government has to come up with very very strong legislation for social media, and it has to do that very soon. Because if it doesn’t, it risks those same social media inciting a civil war (that’s no hyperbole, that is real) on American soil. And beyond as well, but as Donald Trump said about European efforts to curtail Twitter, Facebook et al’s activities, they’re American companies and hence America’s responsibility. Well, cool,

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Aug 082019
 
Debt Rattle August 8 2019

Piet Mondriaan New York City I 1942   • Globalization As We Know It Will Not Survive Trump (G.) • The Technological Revolution Devours its Children (Dmitry Orlov) • Donald Trump More Popular Today Than In 2016 (Raw) • New York Times Stock Price Has Soared During Trump’s Presidency (R.) • MMT May Be Democrats’ Economic Cure, But Only Trump Got The Memo (R.) • New Rebel Bid To Halt No-Deal Brexit Amid Fury At PM’s Enforcer (G.) • Deal

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Aug 072019
 
 August 7, 2019  Posted by at 9:15 am Finance Tagged with: , , , , , , , , , , , , , ,  11 Responses »
Debt Rattle August 7 2019

Pablo Picasso Portrait of Dora with bun 1937   • The Future Of Britain Is In The Hands Of Unelected Svengali Cummings (Oborne) • No-Deal Brexiteers Are Winning Because They Want It More (Sky) • UK Too Desperate To Secure US Trade Deal – Larry Summers (G.) • Brexit: Michael Gove Accuses ‘Wrong And Sad’ EU Of Intransigence (G.) • Met Police Examine Vladimir Putin’s Role In Salisbury Attack (G.) • China State Banks Seen Supporting Yuan In Forwards Market

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Aug 052019
 
Will China Retreat Into Itself?

Odilon Redon Peyrelebade landscape 1880   It’s never easy to gauge what exactly is happening in China, or why the CCP Politburo takes the decisions it does. Today, or overnight, is no exception to that. However, one thing that appears certain, but which I don’t see reflected in all the analyses, is that Beijing pushing the value of the renminbi (yuan) down below 7 to the USD in one fell swoop, is a major setback for Xi Jinping and his

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Aug 052019
 
Debt Rattle August 5 2019

Piet Mondriaan Study for Blue Apple Tree Series 1908   • Currency War Begins: China Crashes Yuan Past 7, Halts US Agri Imports (ZH) • China Lets Yuan Slump Past 7 Per Dollar For First Time In Over A Decade (R.) • Hong Kong Brought To A Standstill As City-Wide Strikes And Protests Hit (G.) • Job Growth In Trump Land Is Dead In The Water (MW) • 10 Alarming Things About The Economy That Politicians Won’t Tell You (MW)

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Aug 042019
 
Debt Rattle August 4 2019

Julie Edgley Immature white tailed eagle.   • An Economy Based on Plunder (PCR) • Economics Is A Failing Discipline Doing Great Harm (Simms) • Joe Biden To Millennials: Stop Complaining (HPo) • Dominic Cummings: UK Lawmakers Can’t Stop No-Deal Brexit (R.) • Justice Dept Bill Comes Due For Russiagate Costs (RT) • Celebrities, Royals, Politicians Fear Release Of Jeffrey Epstein Files (Tel.) • California Scrubs Controversial Kamala Harris-Era Arrest Reports • America’s Elites: Fractured and At Odds with Each

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Aug 032019
 
A Tale of Two Cummings

Edward Hopper The long leg 1935   Last weekend, I noticed that two of the main newsmakers were both named Cummings, one in the US, the other in the UK. At first glance they don’t look like family, but I’ll readily admit I can’t be sure of that. What I do know is that both are symbolic of what’s wrong with the political systems they figure in. Also last weekend, I saw a comment somewhere, think it was Twitter, that

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Aug 032019
 
Debt Rattle August 3 2019

Dorothea Lange Migrant Father June 1938   • Russian Assets In America: A Field Guide (RT) • Majority of House Democrats Favor Starting Impeachment Proceedings (R.) • The Rise and Fall of Superhero Robert Mueller (Matt Taibbi) • Obama Looms over the Primary in Invisible Ways (TPM) • Race Hustle (Jim Kunstler) • Tory Rebels Threaten Boris Johnson After Majority Cut To One (G.) • Watch Out Boris Johnson the Chickens are Coming Home to Roost (English) • Pentagon Testing

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Aug 022019
 
Debt Rattle August 2 2019

Pablo Picasso Bathers with a toy boat 1937   • The Giant Sucking Sound of Financial Repression (WS) • Dutch Bank ING Warns Against Further ECB Money Printing (R.) • Trump’s $300 Billion China Tariff Threat Sends Markets Into Tailspin (G.) • Rate Cut Odds Surge After Tariff Announcement (ZH) • US Tariffs Risk Reviving Chinese Zombies (R.) • The EU Has New People In Charge. It’s Not Good News For US Tech Firms (CNBC) • EU Governments Seek Name

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