Gun Sales Surge In Switzerland As Army Chief Warns "Arm Yourselves"
Submitted by Tyler Durden on 01/01/2016 - 23:50
It would appear the people of Switzerland have been listening to their military leaders. Having recently been warned by the Swiss army chief of growing social unrest, SwissInfo reports applications for gun permits in Switzerland increased by 20% between 2014 and 2015, according to a survey conducted in 12 cantons. But while the army proposes "arm yourselves," Swiss crime prevention officials warn against the false sense of security that guns bring. And while the Swiss go about their legal business of arming themselves, President Obama is preparing to unleash another weapon - the executive order - to enact gun-control legislation.
Why Did The Pentagon Falsify Reports About Military Successes In Fight Against ISIS?
Submitted by Tyler Durden on 01/01/2016 - 21:40
We hope that the special group of the House of Representatives will identify not only the scale of the fraud reports about the results of the coalition activity against terrorism, but also those persons who are responsible for these misconducts, as well as their motives. The international community wants to know who exactly Pentagon supplies with weapons and what installations it bombs.
Something Went Wrong In Baltimore
Submitted by Tyler Durden on 01/01/2016 - 21:00
It has been a bloody year in Baltimore, that much everyone knows, but as The Economist shows, something changed dramatically after Freddie Gray's death in April...
Carmen Reinhart Warns "Serious Sovereign Debt Defaults" Are Looming
Submitted by Tyler Durden on 01/01/2016 - 20:20
As 2016 begins, there are clear signs of serious debt/default squalls on the horizon. We can already see the first white-capped waves.
"Not Transitory" - The Year In Junk Bonds
Submitted by Tyler Durden on 01/01/2016 - 19:00
The most important story of 2015 had to have been the junk bond reversal. It is not your typical market behavior; not at all the “wall of worry” that represents healthy skepticism and functional fundamental discounting but rather a “get the hell out of Dodge” and stay out. Not transitory at all, then, rather a paradigm shift that isn’t yet even close to a new steady state. Welcome to 2016.
Caption Contest: "And Then I Said Obamacare Would Lower Insurance Costs"
Submitted by Tyler Durden on 01/01/2016 - 17:50
"Comedians" in cars...
Mapping China's Hilarious European Stereotypes
Submitted by Tyler Durden on 01/01/2016 - 17:15
For those wondering what comes to mind for the average Chinese web surfer with regard to nations in Europe, we present the following map from Foreign Policy who “plotted the most common Chinese-language Baidu query for each European nation.” Highlights include "likes to fight" for Russia, "why doesn't it annex Portugal" for Spain, and "beautiful women" for Ukraine.
Will 2016 Be The End Of The Current Skyscraper Boom?
Submitted by Tyler Durden on 01/01/2016 - 16:40
With more financing in place, the world’s tallest skyscraper is moving forward. Saud Arabia's Kingdom Tower in Jeddah is only the latest phase in an enormous boom that began setting new records in 2014, raising another 'skyscraper alert' as the completion of record-setting skyscrapers has long seemed to indicate the beginning of economic crises.
Obama To Unveil "Multiple Gun Control" Executive Actions Next Week
Submitted by Tyler Durden on 01/01/2016 - 16:07
The president has directed administration officials to explore any steps he could take on guns without lawmakers’ help, and he said in his weekly address that he would sit down with Ms. Lynch on Monday “to discuss our options.” Once he has Lynch's "blessing", the WSJ adds that Obama "could lay out multiple executive actions as soon as next week, and administration officials have confirmed that recommendations for the president are nearing completion."
A Year Of Living Technically: Charting The Markets Of 2015
Submitted by Tyler Durden on 01/01/2016 - 15:30
Poker's 10 Most Valuable Investment Lessons
Submitted by Tyler Durden on 01/01/2016 - 14:20
While most amateurs will bet on most hands, take speculative positions where the odds of success are stacked against them or try to bluff their way through a losing hand; professionals play with a cold, calculated and unemotional discipline. The professional gambler understands the odds of success of every play and measures his “bets” accordingly. He knows when to be “all in” and when to “fold and walk away.” Do they succeed all the time – of course not. However, by understanding how to limit losses they survive long enough to come out a winner over time.
The Next Big Short
Submitted by Tyler Durden on 01/01/2016 - 13:20
At the end of the day, the current preposterous $325 billion market cap has nothing to do with the business prospects of this firm or the considerable entrepreneurial prowess of its leader and his army of disrupters. It is more in the nature of financial rigor mortis - the final spasm of the robo-traders and the fast money crowd chasing one of the greatest bubbles still standing in the casino.
Norwegian Car-B-Q: Tesla Model S Bursts Into Flames, Burns To A Crisp While Charging
Submitted by Tyler Durden on 01/01/2016 - 12:55
The Norwegian owner of a Tesla Model S found an unexpected f(i)ringe benefit during a cold Friday afternoon when shortly after he had parked his luxury electric car at a supercharging station in Gjerstad, and left, he realized the car could serve as a very quick and efficient, if quite toxic, source of heating for the cold Scandinavian country, when the Model S spontaneously burst into flames.
