When Cash Is Outlawed …

... Only Outlaws Will Have Cash submitted by Bill Bonner of Bonner & Partners annotated by Acting-Man.com's Pater Tenebrarum Zero Hedge (February 19 2016) Control, Tax, Confiscate Harvard economist Larry Summers is a reliable source of claptrap. And a frequent spokesman for the Deep State. To bring new readers up to speed, voters don't get … Continue reading When Cash Is Outlawed …

The Technospheratu Hypothesis

by Dmitry Orlov Club Orlov (February 23 2016) My next book, Shrinking the Technosphere: Getting a Grip on the Technologies that Limit our Autonomy, Self-Sufficiency and Freedom, is due out from New Society Publishers this fall. I am about halfway through writing the first draft of the manuscript. Here is an excerpt. It can sometimes … Continue reading The Technospheratu Hypothesis

A New Level of Absurdity

The Boneheaded Logic of Negative Interest Rates by Bill Bonner, Chairman, Bonner & Partners {1} Wolf Street (February 22 2016) About $7 trillion of sovereign bonds now yield less than nothing. Lenders give their money to governments ... who swear up and down, no fingers crossed, that they'll give them back less money sometime in … Continue reading A New Level of Absurdity

Edward Snowden’s New Revelations …

... Are Truly Chilling by Sophie McAdam True Activist (October 07 2015) Former intelligence contractor and NSA whistleblower Edward Snowden told the BBC's Panorama that the UK intelligence centre GCHQ has the power to hack phones without their owners' knowledge In an interview with the BBC's ‘Panorama', which aired in Britain last night, Edward Snowden … Continue reading Edward Snowden’s New Revelations …

World Economic Forum Warns …

... Robots, Automation, and AI will Replace Five Million Human Jobs by 2020 by Lianna Brinded Business Insider (January 18 2016) Significant technological advances have reshaped society as we know it. But the World Economic Forum ("WEF") warned that while this is pushing us into "the fourth industrial revolution" and is transforming the labour markets … Continue reading World Economic Forum Warns …

The US Economy Has Not Recovered …

... and Will Not Recover Paul Craig Roberts Institute for Political Economy (February 18 2016) The US economy died when middle class jobs were offshored and when the financial system was deregulated. Jobs offshoring benefitted Wall Street, corporate executives, and shareholders, because lower labor and compliance costs resulted in higher profits. These profits flowed through … Continue reading The US Economy Has Not Recovered …

Japan Signals that the End Game has Begun

by Graham Summers, Chief Market Strategist, Phoenix Capital Research {1} Zero Hedge (February 22 2016) Quietly as an aside in a speech, the Head of the Bank of Japan, Haruhiko Kuroda, confessed that quantitative easing ("QE") has little if any impact on GDP growth. I touched upon this issue previously, but I want to reiterate … Continue reading Japan Signals that the End Game has Begun