Jul 162019
 
 July 16, 2019  Posted by at 9:51 am Finance Tagged with: , , , , , , , , , ,  6 Responses »
Debt Rattle July 16 2019

Jack Delano South Water Street freight depot of the Illinois Central Railroad, Chicago 1943   • US “Transportation Recession” Gets Uglier (WS) • Stress Test a Sham, European Court of Auditors Warns (WS) • Boeing 737 Max Ordered By Ryanair Undergoes Name Change (G.) • What Looms Behind (Kunstler) • Von Der Leyen Faces Crucial Vote In Quest To Lead EU Executive (R.) • Christine Lagarde Must Confront Berlin To Save The Euro (Varoufakis) • Epstein’s Accusers Urge US Judge

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Jul 132019
 
Debt Rattle July 13 2019

Pablo Picasso Weeping woman 1937   • Robert Mueller’s Testimony Extended, Postponed By One Week (G.) • Trump Organization Probe Likely to End With No Charges (CNN) • Nemesis Rising (Kunstler) • Epstein Accused Of Paying Witnesses $350K In Hush Money (ZH) • Wall Street Banks Bailing On Troubled US Farm Sector (R.) • Fed Rate Cut Would Ease Pressure On China’s Central Bank (CNBC) • About Half Of China’s Loans To Developing Countries Are ‘Hidden’ (CNBC) • CIA Invokes

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Jul 122019
 
Why Did Jeffrey Epstein Fly Back To The US?

Johannes Vermeer The astronomer c1668     Alex Acosta is gone. That would appear to be good thing, because even if he claims he did the best he could in the 2008 Jeffrey Epstein plea deal, given the number of accusations and the seriousness of the alleged crimes, that deal seems to have had anything but the best interests of the victims in mind. That he agreed as part of the deal to not notify the victims was not only

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Jul 112019
 
 July 11, 2019  Posted by at 8:53 am Finance Tagged with: , , , , , , , , , , , , , ,  8 Responses »
Debt Rattle July 11 2019

Pablo Picasso Guernica 1937   • Dollar Slips After Powell Bolsters Rate Cut Bets (R.) • AOC Is Making Monetary Policy Cool (and Political) Again (NYM) • Trump Tasks Aides To Find A Way To Weaken The US Dollar (CNBC) • Lock Him Up (Pinkerton) • Schumer Got Thousands In Donations From Jeffrey Epstein (NYP) • Democrat Rep. Stacey Plaskett To Donate Epstein Campaign Contributions (CNBC) • US Probing Deutsche Bank’s Dealings With Malaysia’s 1MDB (ZH) • Obama the Conservative

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Jul 102019
 
Debt Rattle July 10 2019

Pablo Picasso Guernica [Study] V 1937   • Jeffrey Epstein Shipped Himself A 53-Pound Shredder (Grim) • Doubts Over Deutsche Bank Turnaround Plan Dent Shaky Shares (R.) • Trump’s Twitter Blocking Violates Constitution – Appeals Court (CNN) • Ocasio-Cortez Sued Over Twitter Blocks (Hill) • Facebook’s New Policy Says It’s OK to Post Death Threats Against Me (PJW) • EU Subsidy Loss ‘Could Wipe Out UK Farms’ Like The Coal Industry (BBC) • UK, France To Send Forces To Syria

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Jul 072019
 
Why Trump Will Win In 2020, And Easily

Johannes Vermeer The geographer 1668-69   July 7 2019, just another tequila Sunday. There are elections here in Greece, and the right wing will take over. Bad idea, because it will bring out the left wing resistance that have remained subdued while Syriza reneged on all their promises, but they were left wing, and how does left protesting left work exactly? They didn’t know. Better lay low. No more. From now on in, it’s women and children first. And there

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Jul 062019
 
The Price We Pay For Progress

Jack Delano A welder in the roundhouse of the Chicago and North Western Railroad’s Proviso yard 1942   It’s rare that I reach back into the past of the Automatic Earth, but it’s not entirely unique either. The reason I do it today is not only the relevance of the article -in my view-, or the fact it was published so long ago, but it’s that the ‘world’ has changed so much since January 1 2014, the date I wrote

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Jul 042019
 
The Winds are Shifting

Odilon Redon The Birth of Venus II c.1910   How do you define terror? Perhaps, because of the way the term has evolved in the English language, one wouldn’t call the west ‘terrorists’ per se, but ‘we’ are certainly spreading terror and terrorizing very large groups of people. Yeah, bring on the tanks and parade them around town. Add a marching band that plays some war tunes. The ‘official’ storyline : at the request of the US, Gibraltar police and

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Jul 032019
 
Debt Rattle July 3 2019

Happy birthday Julian     • Response to Open Letter of 1 July 2019 (Nils Melzer) • France And Germany Eye Lagarde For ECB and Von Der Leyen For EC President (R.) • The Inconvenient Truth About Ursula Von Der Leyen (Pol.eu) • Trump To Nominate Judy Shelton, Christopher Waller To The Fed (CNBC) • The Death of the Liberal Idea (Dmitry Orlov) • Stagecraft (Kunstler) • Families Of 737 MAX Crash Victims Say Boeing Has Not Contacted Them (BI)

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Jul 022019
 
Drowning Children

Salvador Dali Remorse, or Sphinx Embedded In Sand 1931   Any image of a dead child is always harrowing, for everyone but the most deranged psychopaths among us. If the child has drowned while seeking a better life it is possibly worse. The public reaction of politicians to such images, which varies from doing very little, or nothing, to solve the issues that have led to a child drowning, to trying to make cheap political gains from the image, must

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