American Prosperity Has Become American Poverty

By Bob Shanahan Image Source More than 40 percent of American households cannot afford rent, transportation, childcare, or a cellphone, according to a new study from the United Way Asset Limited, Income Constrained, Employed Project, obtained by Axios. U.S. households …

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Who Needs Enemies?

by Raúl Ilargi Meijer Vittorio Matteo Corcos Conversation in the Jardin du Luxembourg 1892  Obviously, there are tensions between Europe and the US. Just as obviously, these tensions are blamed on, who else, Donald Trump. European Council President Donald Tusk recently said: …

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If you bought SPY at the first second of regular trading hours every morning for the last 25 years, and sold each day just before close, you would be down 4.4%. Doing the reverse, you’d be up 571%.

by doublecastle https://www.nytimes.com/2018/02/02/your-money/stock-market-after-hours-trading.html Check out the graph about halfway down in that article. It’s revelatory. If you had bought the SPY at the last second of trading on each business day since 1993 and sold at the market open the …

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The Microsoft cyber attack

A fascinating documentary exploring how the WannaCry exploit effected the EU, why Windows remains the dominant OS in European Governments, and the shady (slightly illegal) politics surrounding its use. What this documentary depicts is a high level of corruption within …

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Michigan Has Become the First State to Ban the NSA’s Intrusive Data Collection Practices by Passing a Law That Prohibits Law Enforcement and State Agencies From Turning Over Personal Data to the Federal Government Without Due Process

via thefreethoughtproject: Michigan has become the first state to ban the National Security Agency’s intrusive data collection practices by passing a law that prohibits law enforcement and state agencies from turning over personal data to the federal government without due process. …

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EURO ON THE VERGE OF COLLAPSE?

via Dividend Investors Summary The euro has had major trouble gaining friends over the last few weeks. The major reversal in analyst expectations for the single currency does not bode well for euro-denominated assets. We are short the PowerShares CurrencyShares Euro …

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