With markets happy to put February in the history books because it marked the fourth consecutive monthly decline in global stocks, we move on to March 1st, which doubles down as 'Super Tuesday' in the US when Trump's presidential candidacy will almost certainly be sealed and a day in which stocks decided to join the super fun by super surging overnight on nothing but bad global macro and economic which however was promptly ignored and instead the focus was on ongoing central bank intervention and even more jawboning.
Global Anarchy: Woman Waves Severed Head, Man Stabs 10 Schoolchildren, Burnt Horse Head Found In BoxSubmitted by Tyler Durden on 02/29/2016 14:41 -0400
“Vigilantism does not belong in Norway, whether they do it in the name of Odin or Allah. I assume that the police, who are the only ones who have the authority to patrol the streets and use force, are following these groups as closely as the circumstances require."
"Some 92% of those unaccompanied migrants were male last year... there is definitely something strange going on. More than half of the world’s refugees are women. In World War II, when Sweden took refugees from Finland, they were children and 90% were below the age of 10. But now almost all of them are late teenagers – supposedly; we know many are older for a fact... If you have an open door policy and you are incentivizing Afghans to take advantage of the system, can you really blame them?"
"When the freedom of the media is in danger, when constitutions and human rights are under attack, Europe must not just be a safety net. It must put in place procedures to suspend (countries) -- it can go that far."
Political correctness just went completely out the window...
Earlier today, we reported that European officials are considering a two year Schengen suspension to help stem the inexorable flow of Mid-East migrants into Western Europe. To understand just how acute the problem is, consider the following chart from The Washington Post which shows how many more asylum seekers fled to Europe from January 1 through February 7 of this year compared to the number arriving from January 1 to February 28 of 2015.
On Tuesday, in the latest sign that Swedes are becoming increasingly fed up with their government’s policy on refugees, more than a dozen people were arrested for planning an attack on an asylum center. Apparently, the men were plotting to use “axes, knives, and iron pipes” against a refugee shelter in Nynashamn, which is located some 60 kilometres (37 miles) south of Stockholm.
The List Grows ...
Europe is having a decidedly difficult time coping with the influx of asylum seekers streaming into the bloc from the war-torn Mid-East. For its part, Austria has suspended Schengen and plans to deport 50,000 refugees. Fortunately, the country has a plan to boost "voluntary" repatriations.
Bank of America has a simple question: Why, if we are truly seven years into a “recovery”, are populist parties and politicians dominating the political landscape?
"Never before have so many central banks explored sub-zero territory at the same time."
It's all falling apart in Germany as frightened citizens load up on small arms and hurl grenades at migrant centers while at least 40% of the public now believes the "Iron Chancellor" should resign.
"Gangs" Of "All-Male" Moroccan Migrant Children “Take Over” Stockholm Train Station; Steal, Grope, Beat WomenSubmitted by Tyler Durden on 01/26/2016 00:30 -0400
"Stockholm police estimate that at least 200 Moroccan street children move in the area around the main train station in the centre of the capital, sleeping rough, and living off criminal activity. They grope girls between their legs, and slap them in the face when they protest. All police officers are aware of this."
"Your politics sacrifice our traditions and values for a multicultural utopia. Identity is valuable and we are becoming aware of it again."