Finland

Living Wage Idiocy And Free Money Experiments

The problem is not insufficient wages. The problem is fractional reserve lending coupled with a Fed hell-bent on creating inflation in a technologically deflationary world. Misguided minimum wages hikes, public unions, and political corruption all exacerbate the problem.

In Humiliation For Beppe Grillo, Pro-EU Liberal Group Blocks Alliance With 5-Star Movement

Beppe Grillo, the leader of Italy’s eurosceptic Five Star Movement was humiliated when he was blocked from joining the European Parliament’s pro-EU liberal group, just one day after Grillo burned bridges with Nigel Farrage's UKIP, demonstrating what Farage would later call a wish to join the "Euro-fanatic establishment." As a result of today's fiasco, Grillo's political fate is suddenly in question.

Poland Acquires First Strike Capability To Pose Threat To Russia

There are reasons to believe that 2017 will be the year when tensions in the Old Continent are reduced. The Russian Foreign Ministry has just confirmed this view in a statement. But Poland seems to be marching out of step. The JASSM-ER deal is a highly provocative step towards Russia undermining the security of Europe and positioning Poland at the frontline of the arms race.

Turkey's "Long Arm" In Europe

Turkey is exporting its political wars and tensions to Europe. That is not a good sign for the Old Continent.

Global Stocks, US Futures Rise In Thin Trading As Volumes Plunge

Most world markets have reopened following the holiday weekend, but trading volumes remain significantly muted. Asian and European shares advance modestly amid low volumes with U.K. and Ireland closed; S&P futures are little changed while the dollar rose and oil extended its longest winning streak in four months.

Where People Trust The News Most (And Least)

With Facebook rolling out new Soros-sponsored features designed to tackle the spread of 'fake news' across America, we thought it worth looking at just how trusted (or not) the media are around the rest of the world...

Frontrunning: December 19

  • Electoral college expected to officially select Trump (Reuters)
  • China says discussing return of undersea drone with U.S. military (Reuters)
  • Neutral PBOC Sets Up First U.S.-China Tightening Since 2006 (BBG)
  • Wall St sleepwalking into Trump volatility surge (FT)
  • Ukraine's largest bank rescued by state, prompts call for calm (Reuters)

Europe: Illegal To Criticize Islam

While prosecuting and sanctioning people who criticize Islam is becoming more common in Europe, this practice used to be reserved only for Muslim countries officially governed by sharia law, such as Saudi Arabia or Pakistan, where it is forbidden to insult Islam. It is a pity that European courts and other state bodies have begun taking their cues from Islamic law.

Meet The Real "Fake News"

Question: "Do you have any people being paid by the CIA who are contributing to a major circulation — American journal?"
Answer: "We do have people who submit pieces to American journals."