Archive - Jul 2015 - Blog entry

Well, it seems Ellen Pao managed to step in yet another bucket of syrup.

Meanwhile, Greece defaults on an ECB payment nobody remembered...

Initial conditions matter when contemplating impact of Greek referendum

What are Y-O-U gonna do about it...

Greece just took a hit… and once again it’s depositors that will take it on the chin. But this process is only just begun. Similar Crises will be spreading throughout the globe in  the coming months.

While this Greek saga unfolds, very few are looking at China

An important message from your Northern European brothers and sister...

What if your country didnt really exist?

We don’t have a “capitalist” economic system. What we have, instead, is a perversion of capitalism. This pseudo-capitalism is a suicidal model of pure, economic exploitation, combined with a plethora of nonsensical dogma and policies.

Earlier this week the FISA court ruled the NSA can continue the bulk collection of phone metadata until November 29. This comes after Congressional gridlock allowed for Section 215 of the Patriot Act, the legal cover for the collection program, to expire on June 1. 

This process has already begun in Europe. It will be spreading elsewhere in the months to come. Smart investors are preparing now BEFORE it hits so they are in a position to profit from it, instead of getting slaughtered

East, West, just points of the compass, each as stupid as the other.--Dr No

While everyone (and their mother) is waiting for a final wash-out in gold, the price could surprise to the upside...

Tsipras is calling for 'No' Vote in July 5 Referendum, but I think Greece most likely would not survive a Grexit.

At the end of the day, the “Greek” issue is in fact a “debt” issue. And Greece is just a drop in the ocean of debt sloshing around the financial system.