“Either Bonds Are Mispriced Or We Have A Big Problem On Our Hands”
It’s an all out currency war (alt). India, China, Singapore, the ECB, Denmark…they are all fighting “to boost domestic economic growth and employment by depressing their currencies, making exported goods more competitive overseas…But currency depreciation also raises the risk of a tit-for-tat race to the bottom, as trading partners seek to outdo one another, only to find gains are limited (read: zero-sum)…What central banks do next is at the top of investors’ minds.” Meanwhile, the Fed is like, SO BORING you guys: “The Federal Reserve once again left interest rates unchanged at a range of zero to a quarter of a percentage point, postponing a return to what it calls normal rates and reiterating that ‘it can be patient’ in deciding when to begin raising rates.” Not much to…
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End result will be widespread defaults in the oil industry… a recipe for disaster
Image Credits: Beatnik Photos / Flickr
With the price of oil hovering around $44 and U.S. oil inventories at record highs the general consensus is that the economy will soon see a boost in consumer spending as Americans will take their gas savings and spend it at retail stores.
But there’s a lot more going on with oil on a geo-political scale than can be pumped into a 30-second propaganda soundbite from financial pundits and talking heads. While lower prices may seem like a boon for the American economy, what’s been missing from mainstream assessments are the fundamental data points that show just how serious a problem we may be facing.
As you’ll see in the succinct breakdown by Future Money Trends in the micro-documentary below, we’ve got some big problems coming our way. It all…
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Washington state grows marijuana crops almost as prolific as it grows moss, particularly since legalization of recreational weed last year. Retail marijuana outlets now are a common sight on our commute to work, complete with their warm glowing lighting, inviting interiors, plush furniture and fancy display cases. These are not fringy scruffy deadhead establishments but surprisingly upscale.
It has become a brave new retail world for a drug with side effects as varied as the bodies and brains ingesting it.
As a physician working daily with adolescents and young adults in a college health center, there is no question in the last few months retail marijuana is now the cannabis equivalent to the growing market for artisan beers and local microbreweries. There are distinct brands and strengths to attract users of all types and needs. Yet one thing hasn’t changed with legalization: marijuana is not for everyone, and particularly not…
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The death of King Abdullah last week in Saudi Arabia has led to an international focus on the regime that is famous for buying US political support, opposing and financing terrorism, flogging bloggers, and preventing women from exercising even the most basic individual liberties.
Saudi Arabia is a place of seeming contradictions. Long-held as an American ally in the region since the tacit approval of the West in the establishment of the House of Saud as the governing entity of the majority of the Arabian Peninsula in the early 20th century. For nearly 100 years, Saudi Arabia has been an example, for both good and ill, of a stable theocratic Islamic government. That stability, as most any human rights organization would immediately note, has been bought on the blood of violent crackdowns against perceived insurgencies and sleights against the religious government. However, when compared to the breakdown of nations like…
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Every day, somewhere, in some office, there is a discussion on the use of UCAVs.
Meanwhile the public opinion keep raising doubts on the use of these tactical systems (good both for surveillance and attack), all nations are running on the development of new and better UCAV (Unmanned Combat Aerial Vehicle) and UCTV (Unmanned Combat Terrestrial Vehicle) systems’.
There is no doubt that they are for several reason better than any other past and actual systems: it is, in fact, enough to affirm that UCAVs has the only limitation in their real autonomy (fuel consumption etc) and not in Human limitations’. Since are remotely controlled (also by the use of satellites, which expand their use to a worldwide area), pilots, have no problem of sleep deprivation, or fear or any other “Human concerns” etc., therefore are considered “better soldiers”.
As Former Special Forces, I have some doubts on their…
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This is an extremely important development. If ISIS launches a full-scale invasion of Saudi Arabia, the U.S. would most certainly intervene on behalf of the Saudis. The State would attempt to justify the intervention against ISIS to the American people on the grounds of “We’ve gotta have oil! Gas prices will be ten dollars a gallon if we don’t go to war!” It would probably be a successful propaganda effort. Meanwhile, Saudi Arabia would become Round Three after Afghanistan and Iraq, and probably no more successful. Additionally, if the Republicans return to the White House in 2016, and the neocons are once again placed in charge of foreign policy, an intervention is Syria or even war with Iran will likely be a greater possibility. At present, antiwar sentiment is pretty high in the U.S. but it was also pretty high during the interwar period of the 1920s, and we know…
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