The Economist

The Cost Of Light Through The Ages

Deflationary peril? The costs for the production of light, one of the most important enablers of progress, have dropped in a way that is hardly imaginable.

Baltimore Weekend Ceasefire Ends With 2 Killings

Heading into this weekend, we reported on a ceasefire agreement between Baltimore “gang leaders, drug dealers and others linked to the violence”. In the 42nd hour of the ceasefire, gunshots were heard at the 1300 block of Sargeant Street around 5:03pm (walking distance to Ravens Stadium). Officers arrived to find a 24-year old man suffering from gunshot wounds, where he died at Maryland Shock Trauma Center.

The Globalist One World Currency Will Look A Lot Like Bitcoin

"Critics of the notion of a single global monetary framework tend to dismiss any evidence of the plan, usually due to their poor understanding of how currencies rise and fall and a poor understanding of the current monetary climate... 'Where is this global currency going to come from?'... The fact is, it already exists, and it is right under their noses..."

Silicon Valley Censorship

Google's latest project is an application called Perspective, which, as Wired reports, brings the tech company "a step closer to its goal of helping to foster troll-free discussion online, and filtering out the abusive comments that silence vulnerable voices." In other words, Google is teaching computers how to censor.

Abe's Days Numbered? DB Warns Japan PM "May Be Forced Out" Leading To Spike In Yields

The Abe cabinet's approval ratings have kept falling and are now in the sub-40% "danger zone". It is now starting to look as though Prime Minister Shinzo Abe might be forced out of office until the Liberal Democratic Party leadership race scheduled for September 2018, in which case JGB yields might be at risk of climbing quite significantly.

The Economist: "Get Ready For A World Currency By 2018"

"[In 2018], Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies..."

India: Cash Is Back (But The Crisis Has Deepened)

"Big Brother has truly arrived – in India of all places. India’s government inter alia brazenly asserts that 'privacy is not a fundamental right'... [this] marks a fundamental shift in citizen-state relations: from ‘We the People’ to ‘We the Government’. If the rampant misuse of electronic surveillance powers and willful ignorance of the law by the state is any precedent, the future looks bleak..."