Snapshots of some world events of paricular importance         


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When I got into the industry more than 50 years ago, finance was an adjunct to the real economy.
Basically it was used to finance real growth. But today it’s become the dominant factor in the world.
That is, finance is running the world and the real economy is kind of a sideline. It’s the adage about the tail wagging the dog.
But in this instance the tail is swinging the dog around the room and banging it off all four walls until it’s comatose.
And that’s basically what’s happening to the real economy -- it’s going to be comatose before this is over. --
John Embry

Hint: Very well written article. Don't miss it.

If you happen to be a member of the 'international community' - i.e., if you live in North America, Europe or Australia/New Zealand - you may have noticed a subtle shift in recent years in what you 'know' about Russia and its president, Vladimir Putin. From being just another country that you might like to visit one day, Russia and its leader have been transformed into the source of much of the world's problems.

From 'Russian aggression in Europe' to 'annexing Crimea and fomenting civil war in Ukraine' to 'shooting down passenger planes' to 'hacking American democracy' to 'bombing innocent civilians and hospitals' (and bunny rabbits) to 'creating the European refugee crisis' to having a monopoly on 'state-sponsored doping' and 'supporting terrorists in Syria', there doesn't seem to be much that Russia hasn't done to royally screw up the planet.

Of course, the astute reader will have noticed that most of these allegations come from American politicians, political pundits and newspapers.

In recent weeks, the level of anti-Russian vitriol coming out of places like the US State Department has reached such a pitch that we all might be excused for taking up yoga in anticipation of the moment when we must perform the necessary maneuver to kiss our collective arse goodbye in a global nuclear conflagration.

But the existential threat of a 'hot war' between Russia and the USA is more the stuff of nightmares and propaganda than reality. The reality is that the 'exceptional' USA is all out of options, including nuclear, when it comes to impeding Russia's emergence as a major world power with global influence....
Read full article at SOTT

Baby Frog: Mama, who is smarter- a chicken or a frog? Mama Frog: We are of course!!
Baby Frog: How do you know? Mama Frog: Well, who ever heard of Kentucky Fried Frog?
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Why are frogs so happy? They eat whatever bugs them!

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