Why America’s $1.5tn Student-Loan Crisis Has Spiraled out of Control

via MarketWatch: With the growth in student loans continuing to soar, politicians and borrowers struggling with an issue that’s become both a financial and political problem. Presidential candidates are proposing to cancel student debt and make public college free, state legislators are cracking down on student-loan companies and, recently, government agencies have offered another approach — teaching students and … Read more

Global macro data from asia to europe and america in the last 24 hours shows deterioration – the hope for a glorious 2h rebound is so far fantasy

global macro data from asia to europe and america in the last 24 hours shows deterioration – the hope for a glorious 2h rebound is so far fantasy — Alastair (@StockBoardAsset) July 2, 2019 JUST IN :#China's caixin manufacturing #PMI slipped into contractionary zone in Jun, at 49.4, prev 50.2, exp 50.1Official data released on … Read more

The New York Feds recessions probability model is reporting that there is probably going to be a recession in the next 12 months.

That’s worrying because the model has been spot on with its predictions of the 2007, 2001, early nineties, early eighties recessions via Forbes: The current U.S. economic expansion turned ten-years-old in June and is poised to become the longest U.S. economic expansion in history in July. Considering all of the threats that the economy has … Read more

We Gotta Get Out Of This Place. There’s A Better Life, For Me And You.

The Grauniad: “‘We all suffer’: why San Francisco techies hate the city they transformed.” Though based on the first three paragraphs, there doesn’t appear to be much transformation going on here, except for the addition of e-scooters and Uber: It was a beautiful winter day in San Francisco, and Zoe was grooving to the soundtrack of the … Read more

Netflix is reportedly getting more disciplined about big-budget projects

Netflix content chief Ted Sarandos told film and TV executives big budget projects must be more cost-effective, The Information reported. Netflix is notorious for its massive content spend, but it has said it expects cash burn to peak in 2019. The reported messaging marks a shift in Netflix’s strategy, which has previously justified lower viewership … Read more

Guilty? Facial ‘lie detector’ will tell you! And sheeple society will rue the day bigly.

https://www.youtube.com/watch?v=yIWghdDXQbQ A UK startup claims to have pioneered the use of artificial intelligence technology to reveal whether you’re lying. It reportedly determines the hidden emotions and subtle reactions of suspects by scanning for facial “micro-expressions.” Already, the company has contacted authorities in India and the United Kingdom. Legal and media analyst Lionel of Lionel Media … Read more

The complete list of alternatives to all Google products — a parallel universe for the super security conscious.

via techspot: When it comes to privacy, using Google search is not a good idea. When you use their search engine, Google is recording your IP address, search terms, user agent, and often a unique identifier, which is stored in cookies. Here are ten alternatives to Google search: StartPage – StartPage gives you Google search results, but … Read more

Central banks want to control cryptocurrencies

by independenttrader Crypto market has again started raising strong emotions among investors. It is worth noting, however, that ongoing works on the digital currencies implementation into financial system look equally interesting.   What’s next with cryptocurrencies? Previous year brought falling prices among vast majority of cryptocurrencies. The most important of them lost about 80% of their … Read more

Trump says the government should SUE Google and Twitter for ‘trying to rig the election’

Hidden-camera video exposé showed Google executive conceding political bias Trump says the company and other tech giants are skewed toward Democrats Suggests lawsuits or new legislation could be needed to bring them in line President claims Twitter intentionally stops people from following his account White House will host online tech ‘summit’ in July with executives  … Read more

The Democrats Had A Choice: They Could Make Trump Look Crazy By Contrast, Or They Could Make Him Look Sane. They Chose To Make Him Look Sane.

via nypost: President Trump must have looked at the Democratic debates the way Bruce Willis looked at the famous wall of weapons in Quentin Tarantino’s “Pulp Fiction.” Should he choose the crossbow or the mace or the samurai sword or the baseball bat or …? It was as if the Democratic Party’s goal was to give Trump objects … Read more