"Forget Germany, Spain Is The Real Problem"

"Divisions within Europe are mounting again. Any success by Catalonia sets a dangerous precedent for other want-away regions, not just in Spain. It emphasizes that many of the structural imbalances in the euro zone haven’t been fixed. Inequality is still growing."

People Ignore Facts That Contradict Their False Beliefs

"The more people there are who ignore facts that contradict their beliefs, the likelier a dictatorship will emerge within a given country...This is how aristocracies, throughout the Ages, have controlled the masses - by taking advantage of this widespread tendency people have to ignore contrary facts..."

China's ICO Crackdown Boosts Hong Kong's Hopes Of Becoming Blockchain Hub

China’s decision to shutter digital-currency exchanges based on the mainland, a strategy meant to extinguish the rampant fraud and abuse associated with initial coin offerings, or ICOs, is brightening Hong Kong's hopes of asserting itself as a hub for blockchain technology.

Chris Hedges On The Silencing Of Dissent

"The ruling elites, who grasp that the reigning ideology of global corporate capitalism and imperial expansion no longer has moral or intellectual credibility, have mounted a campaign to shut down the platforms given to their critics. The attacks within this campaign include blacklisting, censorship and slandering dissidents as foreign agents for Russia and purveyors of 'fake news'."

In Major Disappointment, Merkel Wins German Election Despite Worst Result Since 1949; AfD Surges To Enter Parliament

The German polls have officially closed, and the first exit polls numbers come in, confirming the expected fourth victory for Angela Merkel, however with a far lower than expected 32.5% of the vote, while her main challenger, the SPD gets only 20%. What is striking is the dramatic (late) surge for the nationalist AfD party, which got a higher than expected 13.5% of the vote.

Silicon Valley Snake Oil: It's Passed Its 'Sell By Date'

“It’s different this time!” One of the greatest examples of Silicon Valley “snake oil” ever devised, embraced, and consumed en masse...The problem with “snake oil?” It’s never different. And today’s newest and improved version has passed its expiration date – and is beginning to turn rancid."

Trumps Expands Travel Ban To Eight Countries, Adds North Korea, Venezuela

On Sunday evening, President Trump announced he would replace his controversial travel ban with a targeted list of restrictions that will enhance vetting for nationals from eight countries, and prohibit entry of citizens from North Korea and Venezuela to the United States as part of a sweeping new travel ban that also slaps restrictions on Iran, Chad, Libya, Syria, Yemen and Somalia.

If Amazon Takes Over The World...

Forget about the other tech giants: Amazon is poised to beat them all. What are the consequences for the rest of us?

Two Key Indicators Show The S&P 500 Becoming The New "Cash"

"...the downward slope points to a meager long-term return. In fact, if we use only the scatter plots above to make our estimate, while also accounting for the Fed’s predicted interest rate path, the S&P 500 appears to offer a similar return to cash."