If we want to get to a world where terrorism isn’t such a regular tragedy, governments need to start recognizing the fact that the so-called “War on Terror” is a self-fulfilling prophecy destined to foment one thing and one thing only: more terrorism.
The latest deranged idea floated by US 'ally and friend' Saudi Arabia’s monarchs is to sue Twitter users comparing the barbaric kingdom to ISIS. The following table demonstrates precisely why the Saudis are so sensitive about the topic. Namely, because the accusations are true.
Half A Million Square Kilometers Of Heavy Smog Force Beijing To Issue "Orange Alert", Close FactoriesSubmitted by Tyler Durden on 11/29/2015 - 19:58
The United States’ effort to accept Syrian refugees seeking asylum has been the subject of much controversy over security concerns and the rigor of the vetting process. Here are the (satirical) steps involved in a refugee’s arrival in America...
Iran's Ayatollah Pens Letter To Western Youth: "You Should Know That Terror Has Been Supported By Certain Great Powers"Submitted by Tyler Durden on 11/29/2015 - 19:03
"First, the Islamic world has been the victim of terror and brutality to a larger extent territorially, to greater amount quantitatively and for a longer period in terms of time. Second, that unfortunately this violence has been supported by certain great powers through various methods and effective means."
Americans today are blissfully distracted by their iGadgets, plotting out their holiday shopping strategies, leasing new cars, eating out, and buying advance tickets to the new Star Wars movie. They don’t see the wicked winter squalls ahead which will try their souls. We are experiencing the lull before the storms, but the storms are surely coming. The potential for catastrophe is high and burying our heads in the sand is not a strategy.
It's no secret that the US has played an outsized role in facilitating Syria's five-year civil war by funneling money and guns to a hodgepodge of opposition groups. It's also no secret that The Pentagon's latest "train and equip" program was a disaster of epic proportions. But rest assured, if Washington can make it worse, Washington will make it worse, which is why we weren't surprised that the 2016 NDAA authorizes more taxpayer money for the funding of "moderate" Syrian rebels.
14,000 Refugees Due For Deportation From Sweden Have Vanished: "We Simply Do Not Know Where They Are"Submitted by Tyler Durden on 11/29/2015 - 17:29
Over half of all the illegal migrants slated for deportation in Sweden have mysteriously disappeared. The National Border Police Section reports that of the 21,748 individuals due to be sent home after their asylum applications were turned down, a whopping 14,140 have simply vanished off the police radar. "We simply do not know where they are”, said a spokesman for the local police.
We can hear the mainstream media now - "Great News Everyone!! The American consumer is back" - online sales on Black Friday rose 10% to $1.7 billion which ComScore says shows "strong spending." The only problem is - which we suspect will be oddly missing from the mainstream narrative, as ShopperTrak reports total sales on Black Friday crashed 10% to $10.4 billion. While blame has been placed on early opening on Thanksgiving, that is false too since spending on that day also plunged 10%. So, the sales news is unequivocally bad - which is hardly surprising given the collapse in consumer confidence.
The recent attacks in Paris evoke strong emotions for many people, but investors need to look through those feelings to the short, medium, and long-term implications. We believe Paris may mark an important turning point for Europe and the global business cycle... but for different reasons than you may think. There is a chance that the slow disintegration of Europe will drive more capital onto US shores, boosting valuations and fueling a blow-off top in the US equity market; but beware global shocks and take any rally as a chance to get defensive.
EU Reaches Deal With Turkey, Will Pay €3 Billion To Stem Refugee Outflow But Not Everyone Wants To Pay UpSubmitted by Tyler Durden on 11/29/2015 - 15:37
As previewed earlier today, moments ago the EU and Turkey reached a deal in which Europe would give Erdogan another €3 billion to be embezzled accordingly (perhaps to buy more tankers for Erdogan's son with which to ferry ISIS oil, or to build a new annex for his palace, or just to recycle the money and purchase even more F-16s from the US), in exchange for which Turkey would promise to close its borders to millions of outpouring Syrian refugees and agree to accept deported refugees already located in Europe.
So now, here we are in the lull just as we were before that Sept. meeting, And what is happening this time? Well, don’t look now, but there indeed looks to be trouble brewing on the global stage (or should I say “international developments”) that could turn out to be just as big of a headache to the Fed’s reasoning’s on whether or not to “just do it.” Just one of those issues is – once again: China.