Category: Economy

The Tools Collectivists Use To Gain Power Submitted by Brandon Smith via Alt-Market.com, While many divisions within our society are arbitrary or engineered, there is one division that represents perhaps the most pervasive and important conflict of our time; the division between collectivists and individualists. Now, people who do not understand the nature of collectivism …

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Bitcoin Soars To 14-Month Highs As Major Exchange Eases Access For Chinese Bitcoin, at $444, is now up over 100% since we suggested, in early September, it would become the conduit for Chinese capital outflows following China's crackdown on capital controls. This afternoon's sudden BIS-induced plunge, taking the virtual currency down $50, has been entirely …

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Key Apple Supplier Halts Hiring Due To Poor iPhone Sales Two months ago, Tim Cook reportedly wrote Jim Cramer that everything was awesome with iPhone sales in China. Days later, channel checks appeared to call Cook's statement into question. Several day ago, one of Apple's component makers – Dialog Semi – issued cautious guidance strongly …

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Q&A: Will China Stop Its Bleeding with Even Tighter Capital Controls? By Chris at www.CapitalistExploits.at Let’s look at a couple of questions from the readers today, shall we? Hi Chris,   I love your sharing of thoughts. Really insightful and though you may not realise it, you’ve helped me a lot. I’m an entrepreneur running flat …

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The Empty Bus From the Slope of Hope: With all the grousing and grumbling I do here, I thought I’d change my tone and write up a genuinely positive, optimistic post. This has to do with what I think will be a tectonic shift over the next twenty years: transportation. As dull as that sounds, I think …

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Shantytown, Stockton, California, USA I made a visit to Stockton, California the other day and came across a jarring sight: an actual shantytown, here in America. (Click on images for a larger view.  Note: all images are Creative Commons (CC BY-NC-SA 4.0) Attribution-NonCommercial-ShareAlike 4.0 International by chumbawamba@zerohedge) This is at the corner of S Grant …

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Spot The Defense Minister Trick question…   They all are! (from left to right): Sweden (Karin Enstrom), Norway (Ine Eriksen Søreide), Russia ( Sergei Shoigu), Netherlands (eanine Hennis-Plasschaert), Germany (Ursula von der Leyen) Bank Of Japan Disappoints The World – Leaves Monetary Policy Unchanged The last time The BoJ increased QQE it was a close …

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Embracing The Dark Side: A Short History Of The Pathological Neocon Quest For Empire Submitted by Dan Sanchez via DanSanchez.me, When Bill Kristol watches Star Wars movies, he roots for the Galactic Empire. The leading neocon recently caused a social media disturbance in the Force when he tweeted this predilection for the Dark Side following the debut of …

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And Now Trucking is Suddenly Slowing Down This comes at the totally wrong time. Trucking had been booming. 2014 had been a banner year. Capacity was squeezed, and rates were rising, so trucking companies went on a buying binge, ordering everything in the book in preparation for red-hot demand in 2015 and more banner years …

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SmartKnowledgeU: What is the Fair Value of Gold? Ounces Over Dollars As I write this article, at about 11:30AM NY time, on 27 October 2015, the probability of another banker raid in the paper gold and silver derivatives markets increases and remains elevated. Yet, every time bankers raid paper prices, if indeed this happens again …

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