Fail

The Russiagate Scandal Descends Into Total Absurdity

Even as the Trump administration disintegrates – with the President publicly quarrelling with his Secretary of State, and his Chief of Staff forced to deny he is about to resign – the scandal which more than anything else has defined this Presidency has disintegrated into total lunacy.

Iranian General Responds To Trump: "We'll Bury You"

"We are not a war-mongering country. But any military action against Iran will be regretted ... Trump's threats against Iran will damage America ... We have buried many ... like Trump and know how to fight against America."

JPMorgan, Citi Just Boosted Their Loan Loss Reserves By The Most In 4 Years

JPMorgan and Citigroup just boosted their consumer-loan loss reserves by the most in four years. Both lenders set aside money in the third quarter because they expected write-offs for credit-card lending to climb in periods ahead, with Citigroup saying "the increase is coming faster than it had anticipated."

Extremes Are Everywhere

"The complete disregard for 'risk' has never worked out well for investors in the past and is unlikely to be different this time either..."

Nouriel Roubini's "Good, Bad, & Ugly" Scenarios For The Global Economy

The IMF, which in recent years had characterized global growth as the “new mediocre,” recently upgraded its World Economic Outlook, but are they right to think that the recent growth spurt will continue over the next few years, or is a temporary cyclical upswing about to be subdued by new tail risks?

Is Population Decline Catastrophic?

In the 1970’s we heard the earth was going to get so crowded we’d be falling off. Now the panickers have flipped to population decline. They were wrong in the 70’s, so are they wrong again? Is a declining population catastrophic?