Archive - Sep 27, 2015
George Soros Demands EU Accept 1 Million Refugees (Costing €15 Billion) Per Year For Foreseeable Future
Submitted by Tyler Durden on 09/27/2015 13:15 -0500The exodus from war-torn Syria should never have become a crisis, according to billionaire George Soros; it was long in the making, easy to foresee, and eminently manageable by Europe and the international community. While some leaders, like Hungary's Orban, have suggested plans, these subordinate the human rights of asylum-seekers and migrants and threaten to divide and destroy the EU by renouncing the values on which it was built and violating the laws that are supposed to govern it. Soros demands that The EU respond with a genuinely European asylum policy that will put an end to the panic and the unnecessary human suffering.
Catalan 'Secessionists' Set To Win Election Amid Record Turnout
Submitted by Tyler Durden on 09/27/2015 13:12 -0500CATALAN SEPARATISTS CLOSE TO 50% OF VOTES: EXIT POLL
Dear Janet Yellen, Here Is All You Need To Know About The US Economy: True Unemployment Is Over 12%
Submitted by Tyler Durden on 09/27/2015 12:30 -0500Dear Fed Chairwoman Yellen: if you are still confused why there is so much slack and so little wage growth in the US economy despite the 5.1% "reported" unemployment rate, here is the answer: instead of a 5.1% unemployment rate in August, the true unemployment rate in the "land of the free" has been rising ever since the financial crisis, and is above 12% for the past three years.
The Bull/Bear 'High Stakes Poker' Game Is Down To The Final Table
Submitted by Tyler Durden on 09/27/2015 11:45 -0500High stakes poker, winner takes all. Traders better have their trade plans ready: The next 3 weeks will likely determine whether we enter a lengthy bear market or whether bulls can use coming positive seasonality to avert a major market break one more time. As the following charts show, by the end of October we shall have confirmation one way or the other...
A German Explains Why VW's "Moral Demise" Is A Burden For The Entire Nation
Submitted by Tyler Durden on 09/27/2015 10:20 -0500Having not only the economic, but also the cultural importance of VW in mind, it becomes clear why the scandal is hitting Germany so hard and why there is the fear that the image of the country and its industries as a whole might suffer.
In "Sweeping" Interview, Putin Calls US Syria Strategy "Illegal", Details Russia's Support For Assad
Submitted by Tyler Durden on 09/27/2015 09:27 -0500"In my opinion, provision of military support to illegal structures runs counter to the principles of modern international law and the United Nations Charter."
Divergence Drivers and the Dollar
Submitted by Marc To Market on 09/27/2015 08:55 -0500The divergence theme is likely to strengthen in the week ahead.
The Doomsday Vault Was Opened For The First Time Ever!
Submitted by Secular Investor on 09/27/2015 07:34 -0500Another test or ... ?
