Bill Blain: "The US Is Now Looking Like A Deflated Drunken Uncle"

"With the US now looking like a deflated drunken uncle, the focus is firmly fixed on what Mario Draghi says on Thursday at the ECB meeting. Does he confirm Euro strength with a bullish assessment of Eurozone recovery, and hint at an early taper and normalisation… Or does he step back, go soft and mushy, and make some “kick that can down that strasse” comments?"

Dollar Tumbles, Euro Soars After Obamacare Repeal Dies; China Intervenes To Halt Rout

The Bloomberg Dollar Index tumbled to a fresh 10-month low after two more Republican defections on Monday night doomed the proposed GOP healthcare plan in the Senate. And while Treasuries rose on concerns about inflationary pressures and the viability of the Trump stimulus agenda, S&P futures rebounded gingerly from session lows, and were up 0.1%

NATO Member Turkey Turns To Russia For Air Defense Cooperation

Turkey’s gradual shift from the West to Eurasia and other partners is part of a broader process as the West gets weakened, divided and less attractive. The very notion of «Western unity» is fading away. Unsurprisingly, as its relations with the West sour, Turkey is reaching out to other poles of power. The S-400 deal conforms to the trend.

Criminal Groups Still Prefer Cash To Bitcoin, EU Study Finds

“...virtual currencies which seem to be rarely used by criminal organizations. While they may have a high intent to use due to VCs characteristics (anonymity in particular), the level of capability is lower due to high technology required.

Fusion: Will Humanity Ever Harness Star Power?

Fusion is the epitome of “high risk, high reward” scientific research. If we were to ever successfully harness the forces that power the stars, mankind could have access to power that is almost literally too cheap to meter. However, reaching that goal will be a very expensive, long-term commitment – and it’s also very possible that we may never achieve a commercially viable method of fusion power generation.

3/4 UK Graduates Will Never Repay Student Loans

...The UK government will have to write off some or all of the debt taken out by 77% of students because they will not earn enough to repay their loans within 30 years of graduation...

Meet DiDi: China's Answer To Uber

As Uber begins to falter and face stiffer competition from alternatives like Lyft, it might not be long before DiDi is the biggest ride hailing company in the world.

Ron Paul Warns The Big Military Spending Boost Threatens Our Economy And Security

"On Friday the House overwhelmingly approved a massive increase in military spending, passing a $696 billion National Defense Authorization bill for 2018..Unfortunately President Trump seems to be incapable of understanding that it is US intervention and occupation of foreign countries that creates instability and feeds terrorism."