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via fastcompany: The system assigns Chinese citizens a social credit score based on their social, political, and economic behavior. A bad score affects a Chinese citizen’s ability to travel via train or plane and can even stop a person from getting a good job or staying at a nice hotel. The system works by using big … Read more
New Australian bill introduces some of the toughest legislation anywhere in the world for refusing to hand over personal data, while other Western countries are scrambling for their own solutions. Existing legislation already allows for imprisonment for up to two years for failing to give investigators access when serious crime is involved, but the new Assistance … Read more
My Youtube playlist of my favourite conspiracy videos of all time. h/t Troflecopter
via CNBC Oil been getting crushed this month and a top technician warns the decline is signaling even more trouble for energy stocks. Crude has been on a tear for the better part of the year, jumping more than 36 percent since January and breaking above the $70 level for the first time since November … Read more
via National Review Underneath the current economic boom, there are some truly worrying signs. Eric Sevareid (1912–1992), the author and broadcaster, said he was a pessimist about tomorrow but an optimist about the day after tomorrow. Regarding America’s economy, prudent people should reverse that. This Wednesday, according to the Financial Times‘ Robin Wigglesworth and Nicole Bullock, … Read more
A TSA agent convicted of stealing more than $800,000 worth of goods from travelers said this type of theft is “commonplace” among airport security. Almost 400 TSA officers have been fired for stealing from passengers since 2003. Pythias Brown, a former Transportation Security Administration officer at Newark Liberty International Airport, spent four years stealing everything … Read more
America’s rich are moving to the coasts as the poor go inland America’s wealthy households are increasingly moving to coastal cities on both sides of the country, but those with more modest incomes are either relocating to or being pushed into the nation’s Rust Belt, according to a new study. That’s creating “income sorting” across the … Read more
Around the country, home prices near major metros have jumped significantly in the last few years, making the areas unaffordable for many — and pushing long-time local residents to sell and cash in on the run-up in valuations. In Marin County, California, home prices have risen more than 9 percent in the last year, according to Zillow. Mark Pasternak … Read more
by Alexander Trigaux, Editor, GoldSilver Not only is the new real estate hyper-bubble here, but signs abound that it is popping right now: Housing demand sees biggest drop in more than 2 years Housing market has hit a ‘significant slowdown’ in recent weeks Mortgage rates climb as housing market loses its mojo Mike Maloney explains … Read more
By Jon Rappoport ANY person who exits an “officially designated victim-group”…and then succeeds in life on his own…and then goes one step further and refuses to identify his entire existence with his former group…but instead stands as a unique individual…why, that person, at the very least, must be a criminal, if not a terrorist, right? … Read more
by Martin Armstrong COMMENT: I enjoyed your article on gold and how trends change with the generations. I find it very true that my children looked at me with my silver bars and just asked so what can you really do with it? I have watched the youtube video when people choose the chocolate bar over … Read more
by Martin Armstrong Many people worry about over-indebtedness and point to a default of borrowers. It is interesting how the view of debt is always the low-life borrower. In reality, the real stupidity rests with the lender. Many are pointing to US corporate debt and stating that it has grown to an estimated US $ 7 … Read more
via Vaellene: I am passing this on from someone who’s connecting some dots with input from sources he cannot reveal. Here’s what it looks like when all the pieces are sewn together It smells like conspiracy and treason. Everyone needs to read this. Slowly, and patiently, because it’s very important…… From 2001 to 2005 there was … Read more
Bank of England’s chief economist has warned of impact of coming AI revolution Andy Haldane said ‘swathes’ of jobs could go as people replaced by robots Urged major skills drive to ensure people could take opportunities of the change Britain faces the threat of social unrest as robots take ‘swathes’ of jobs, the Bank of … Read more
FPSRussia used to be one of the biggest channels on YouTube, but we haven’t heard from them in quite a few years…
https://www.investing.com/central-banks/fed-rate-monitor
Country Weight Return Contribution China 30.27 -8.28 -2.55 South Korea 14.05 -1.72 -0.24 Taiwan 11.85 -1.69 -0.2 India 9.05 1.65 0.14 Brazil 6.39 -8.52 -0.54 South Africa 6.37 -12.85 -0.83 Russia 3.42 -7.8 -0.27 Mexico 3.13 -4.16 -0.13 Malaysia 2.43 0.04 0 Thailand 2.32 1.58 0.03 Indonesia 1.96 -3.03 -0.06 Poland 1.19 -3.66 -0.04 Chile … Read more
via vanityfair: Much of the language of JEDI, in fact, seems specifically tailored for Jeff Bezos. “Everybody immediately knew that it was for Amazon,” says a rival bidder who asked not to be named. To even make a bid, a provider must maintain a distance of at least 150 miles between its data centers, a prerequisite … Read more
Should put pressure on Robinhood, Schwab, and other brokers. JP Morgan, late to mobile trading, eyes a splash with its new app from CNBC. J.P. Morgan’s new digital brokerage service comes with free trades, portfolio building tool and access to equity research. The bank’s new trading service starts next week and will be available … Read more
