ETC

Tyler Durden's picture

The Old Models Of Work Are Broken





No sector will be immune to the changing nature of work and value creation. The only sustainable way to avoid upheaval is to learn to create value in ways that cannot be commoditized.

 
Tyler Durden's picture

When Did We All Become Murderers?





Appalled doesn’t cover it. Disgusted won’t do either. Angry doesn’t come close. Maybe we have yet to learn of a word that would express our feelings on the following topic. There’s a disease, an epidemic, that spreads through out the western world. We are all turning into accomplices to murder. And we still believe we are better than that. Just perhaps not all of us.

 
Tyler Durden's picture

Battlefield America: The War On The American People





“A government which will turn its tanks upon its people, for any reason, is a government with a taste of blood and a thirst for power and must either be smartly rebuked, or blindly obeyed in deadly fear.” - John Salter

 
Tyler Durden's picture

Baker Hughes Cuts 17% Of Workforce As Oil Slump Ripples Through Economy





Baker Hughes has increased the number of jobs it plans to cut from 7,000 to 10,500 and will close 140 facilities worldwide citing a need to "reduce the cost base and resize [the company's] footprint" in the face of challenging market conditions. Meanwhile, JPM reminds Richard Fisher that "the only thing dropping in the Texas economy is the number of jobs."

 
Phoenix Capital Research's picture

The Global Central Banking Cartel is Beginning to Splinter





In the simplest of terms, Abenomics was a form of economic warfare. It marked a transition in global Central Banking policy from an era of coordination to an era in which it is each country/ Central Bank for itself.

 
Tyler Durden's picture

The Crowning Glory Of Keynesianism





Many have forecast the creation of a new monetary system by which governments and banks gain total control over all monetary transactions. On the surface of it, this may seem an impossible goal, as it would be so all-encompassing and would eliminate economic freedom entirely. Surely, it would not be tolerated. However, we believe that it’s not only relatively easy to create, but it will be sold in such a way that the public will see it as an absolute panacea to their economic woes. Only those who are far-sighted will understand its level of destruction in advance of its implementation.

 
Tyler Durden's picture

Stop The Presses: Nobel-Prize Winning Economist Slams QE





"An alternate, more sophisticated approach to explaining why QE may not work to stimulate aggregate consumption is, perhaps, because the demographic mix of the U.S. (and most parts of the developed world) has shifted toward older people. Unlike 30 or 40 years ago, the enormous baby boomer generation, and even retirees, are much wealthier (including human capital) than in the past, and they are wealthier than current generations earlier in their life cycle.  So the wealth effect does not lead to an increase in consumption and, potentially, has the opposite outcome."

- Robert Merton

 
Tyler Durden's picture

Disrupt Or Be Disrupted





Either join the disruptors or prepare to be disrupted.

 
Tyler Durden's picture

China To The Rescue: Global Equity Market Rebound After Latest Chinese Easing





It is only fitting that the next business day following a headline that "Global Futures Slide China Tumbles On Short Selling Boost" we would see China, in an apparent panic, not only cut its RRR by 100 bps to 18.5% - far more than expected and the most since 2008 - but, more importantly, hinted that the Friday regulatory decision to encourage short sales and tighter margin rules on "umbrella trusts" was in no way meant to pop that the Chinese stock bubble, ridiculous as it may be. End result: after Chinese futures crashed by up to 6% on Friday after the Shanghai close, overnight the SHCOMP was down just 1.64%, erasing the bulk of the futures loss. More importantly, US equity futures have seen a strong bid this morning in yet another attempt to defend not only the Apple Sachs Industrial Average from going red on the year but the all important 100 DMA technical levels.

 
Tyler Durden's picture

The Changing World Of Work 5: "Human Robots" and High-Level Skills





The severe limitation of human robot jobs is that they rarely offer much opportunity to learn a wide variety of skills--precisely what enables us to create more value with our labor.

 
Tyler Durden's picture

Grexit Lives As "Deluded" Forecasters Predict The Unpredictable





Update: SCHAEUBLE: GREECE FREE TO SEEK RUSSIAN AID, MAY NOT GET MUCH

As Greeks take to the streets, Varoufakis calls predictions about Grexit reverberations delusional, and Bloomberg proposes a list of Greek default scenarios. Meanwhile, central banks move to ringfence Greek exposure and analysts scramble to outline the risk of bank runs, capital controls, and contagion. 

 
Tyler Durden's picture

Greek Bank "Quarantine" Abroad Sparks European Selloff





A large number of European countries have effectively quarantined Greece in a bid to minimize the consequences on their credit systems in case of a Greek "accident." As ekathimerini reports, the actions are being taken in order to shield themselves and minimize the danger of contagion in case the negotiations between the Greek government and the eurozone do not bear fruit. This has sparked broad-based selling across global risk assets but particularly in Europe. Stocks from Germany to Spain are having their worst day of the year, European sovereign bond risk is exploding higher (contagion Mr. Schaeuble?), and Greek bank bonds and stocks are getting crushed.

 
Tyler Durden's picture

No Matter Who Wins The White House, The New Boss Will Be The Same As The Old Boss





The American people remain eager to be persuaded that a new president in the White House can solve the problems that plague us. Yet no matter who wins this next presidential election, you can rest assured that the new boss will be the same as the old boss, and we - the permanent underclass in America - will continue to be forced to march in lockstep with the police state in all matters, public and private. It really doesn’t matter what you call them - the 1%, the elite, the controllers, the masterminds, the shadow government, the police state, the surveillance state, the military industrial complex - so long as you understand that no matter which party occupies the White House in 2017, the unelected bureaucracy that actually calls the shots will continue to do so.

 
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