World's Richest Woman Dies Age 94

Alice Walton, of Wal-Mart family infamy, is now the richest woman in the world, as The FT reports Liliane Bettencourt, the heiress of cosmetics giant L’Oreal and world’s richest woman, has died at the age of 94.

Five Bitcoin Crashes (And What You Can Learn From Them)

"With Bitcoin price reaching a new high of $5,000 recently, and then dumping back down to nearly $3,000, it’s been a wild ride this month... Since Bitcoin began, there have been some major crashes, but there have also been some good lessons to learn."

Bay Area Sues Big Oil For Billions

The cities of San Francisco and Oakland have filed lawsuits against Chevron, Exxon, ConocoPhillips, BP, and Shell for the effect of their activities on climate change: higher sea levels. The cities seek billions in damages to counteract the effects of the changing climate.

Trump Launches New Sanctions On North Korea Through Executive Order

As Gen. McMaster previewed earlier in the day, moments ago President Trump announced a new executive action that "significantly expands" US authority to target individuals, companies and financial institutions that finance or facilitate trade with North Korea.

Embrace The Suck: Debt-Serdom and Our Neofuedal Status Quo

"...education will really work - with the result that most men and women will grow up to love their servitude and will never dream of revolution... the victim of mind-manipulation does not know that he is a victim. To him, the walls of his prison are invisible, and he believes himself to be free. That he is not free is apparent only to other people. His servitude is strictly objective."

Bill Blain: "Let's Pretend"

"Let’s pretend there is not a storm of contradictory bluster and threats facing Europe – which central bankers should ignore at their peril."

Metals Massacre - Iron Ore Enters Bear Market, Copper Collapses To 1-Month Lows

The hype surrounding the credit-fueled resurgence in base metals in the first half of 2017 has crashed and burned on the altar of reality in China's slowdown with industrial metals from copper to iron ore and zinc all plunging in the last two weeks. Odd that we don't hear much from mainstream business media discussing the implications for a global coordinated economic growth narrative...