Herbert Draper Lament for Icarus 1898 There are times when you have to talk about things when it appears most inopportune to do so, because they’re the only times people might listen. Times when people will argue that ‘this is not the right moment’, while in reality it’s the only moment. A solid 99% of people will have been filled, and rightly so of course, with a mixture of disgust, disbelief and infinite sadness when hearing of yet another
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Paul Klee Limits of the Mind 1927 • Global Pension Underfunding To Grow To $400 Trillion Over Next 30 Years (ZH) • UK Retirement Age Could Hit 80 As Pensions Deficit Sets Off Time Bomb (Ind.) • President Trump’s Disastrous Budget Plan (John T. Harvey) • Trump Prepares “War Room”, “Big White House Changes”, Loss Of Twitter (ZH) • Trump’s Allies, Convicted of High Crimes Without a Trial (BBG) • Millennials Want to Buy Homes but Aren’t Saving for
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Henri Matisse Le Bonheur de Vivre 1906 • Trump Directly Scolds NATO Allies, Says They Owe ‘Massive’ Sums (R.) • Trump Joins New-Look G7 Amid Trade, Climate Discord (AFP) • US Appeals Court Refuses To Reinstate Travel Ban (R.) • NSA Under Obama Secretly Spied On Americans For Years (Circa) • UK Labour Party Slashes Tory Lead To Just Five Points In Latest Poll (Ind.) • UK Election Campaign Resumes After Manchester Attack (AFP) • Not A Little List:
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Alfred Buckham Edinburgh c1920 • Toronto Homeowners Are Suddenly in a Rush to Sell (BBG) • $100 Increase In Mortgage Payments Would Sink 75% Of Canadian Homeowners (CBC) • Average Asking Price for Homes in UK Hits Record High of £317,000 (G.) • The Great London Property Squeeze (Minton) • UK Police ‘Stop Passing Information To US’ Over Leaks Of Key Evidence (G.) • The Bubble That Could Break the World (Rickards) • A Bailout Is Coming In China,
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Henri Matisse Nu Blue IV 1952 • China Hit by First Moody’s Downgrade Since 1989 on Debt Risk (BBG) • Chinese Banks Are In Big Trouble (ZH) • American Exceptionalism – Population Growth vs Money Growth (Econimica) • Shiller: Stay In The Market, It ‘Could Go Up 50% From Here’ (CNBC) • German Police Search Daimler Facilities In Dieselgate Probe (DW) • Canada Must Deflate Its Housing Bubble (BBG Ed.) • The Violence of Austerity (OD) • IMF Wants
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Henri Matisse Bathers by a River 1910 • Trump Seeks $3.6 Trillion in Cuts to Reshape Government (BBG) • The US Economy Has Left 10s Of Millions Of Forgotten Americans Behind (Snyder) • UK General Election Campaigning Suspended After Manchester Attack (G.) • US Healthcare Industry Blames Trump And GOP For Obamacare Rate Hikes (F.) • China Pushes Public to Accept GMO as Syngenta Takeover Nears (BBG) • China Spins a Global Food Web From Mozambique to Missouri (BBG)
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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
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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
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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
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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
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