Russian Imperialism Meets Illusions Of Ottoman Grandeur
Submitted by Tyler Durden on 12/31/2015 - 20:40
Earlier in 2015, President Recep Tayyip Erdogan said that he found it difficult to understand what Russia was doing in Syria, since "it does not even border Syria." By that logic, Turkey should not be "doing anything" in the Palestinian territories, Somalia, Egypt, Pakistan, Afghanistan or any of the non-bordering lands into which its neo-Ottoman impulses have pushed it.
What's Ahead In 2016 - Key Events Of The Next 12 Months
Submitted by Tyler Durden on 12/31/2015 - 19:30
Elections, elections, and more elections is the 'regime change' meme for 2016 but, as Bloomberg details, the key events of the year ahead vary from a California marijuana referendum to Brazil's Olympics, and from Davos to SCOTUS. No matter what, 2016 holds a lot of opportunity for volatility, and without The Fed's safety net, who knows what that means for markets...
Donald Trump's Comprehensive 2015 Insult Highlight Reel
Submitted by Tyler Durden on 12/31/2015 - 18:55
What better way to end 2015, than with a highlight reel of Donald Trump’s more colorful insults.
This Is What Stocks Do During Hyperinflation
Submitted by Tyler Durden on 12/31/2015 - 18:18
How did Venezuela stocks perform in the past year under the country's hyperinflation? The answer: using a meaningess exchange rate, they rose 4x and, as Handelsblatt incorrectly concluded, "were the best investment of the year"; on the other hand using an exchange rates that actually reflects the country's economic implosion, they lost just over 20% of their value in the past year.
15 News Stories From 2015 You Should Have Heard About But Probably Didn't
Submitted by Tyler Durden on 12/31/2015 - 17:45
In 2015, the iron fist of power clamped down on humanity, from warfare to terrorism to surveillance, police brutality, and corporate hegemony. The environment was repeatedly decimated, the health of citizens was constantly put at risk, and the justice system and media alike were perverted to serve the interests of the powers that be. However, while 2015 was discouraging for more reasons than most of us can count, many of the year’s most underreported stories evidence not only a widespread pattern that explicitly reveals the nature of power, but pushback from human beings worldwide on a path toward a better world.
German Police Evacuate Munich Train Stations, Warn Of Imminent Terrorist Attack
Submitted by Tyler Durden on 12/31/2015 - 17:16
"Current information indicates that a terrorist attack has been planned in Munich," police said in a statement, adding "please avoid crowds and train stations. We will provide updates on the current situation."
A Year In The Fabulous Life Of Kim Jong-Un, In Pictures
Submitted by Tyler Durden on 12/31/2015 - 17:10
Yellen, You Have A Problem: The "Rate Hike Corridor" Just Broke
Submitted by Tyler Durden on 12/31/2015 - 16:52
Moments ago the effective Fed Funds rate tumbled from yesterday's 0.35% to just 0.12%, confirming that indeed the rate hike corridor can and has been breached at least once, and only two weeks into the Fed's rate hike experiment.
Now Comes The Great Unwind - How Evaporating Commodity Wealth Will Slam The Casino
Submitted by Tyler Durden on 12/31/2015 - 16:35
The unfolding correction of the visible excesses of the credit inflation - such as overinvestment and malinvestment - will destroy incomes and profits; the Great Unwind of the less visible effects, such as the sovereign wealth fund liquidations, are a giant pin aimed squarely at the monumental worldwide bubbles in stock, bonds and real estate.
Turks Warn "We're One Step Away From Civil War" On Erdogan Crackdown
Submitted by Tyler Durden on 12/31/2015 - 15:40
“The tanks fire all day and we have nowhere left to hide,”...
Bill Clinton Made $8 Million From Speeches To Companies With Matters Pending Before Hillary's State Dept
Submitted by Tyler Durden on 12/31/2015 - 15:11
As WSJ reports, "more than two dozen companies and groups and one foreign government paid former President Bill Clinton a total of more than $8 million to give speeches around the time they also had matters before Mrs. Clinton’s State Department."
Massive Fire Breaks Out In Dubai Hotel During New Year Fireworks Display - Live Feed
Submitted by Tyler Durden on 12/31/2015 - 14:59
Billionaires Battle: Buffett Beats Musk In Nevada
Submitted by Tyler Durden on 12/31/2015 - 14:50
In a clash of the billionaire titans, Warren Buffett just defeated Elon Musk. The fight was over solar net-metering in Nevada...
