EU Exit "Only Way Out" From Greece's "Occupying Force" Of Refugees

When the public does not agree with the establishment's policies about illegal immigration and the protection of national identity, they blame the voters for immaturity, stupidity or fascism. So as the voters persist in retaining their views for national identity and against illegal immigration, the elites in Greece are replacing the native population by giving the illegal immigrants citizenship. There is only one way now to save what is left of Greece: The British way. Exit. Now.

Frontrunning: October 11

  • Samsung scraps Note 7 (Reuters)
  • Note 7 fiasco could burn a $17 billion hole in Samsung accounts (Reuters)
  • Trump's struggles may depress Democratic voter turnout (Reuters)
  • Major Investor Sues Theranos  (WSJ)
  • S. Africa’s Gordhan to Be Charged; Rand Plunges Most Since June (BBG)
  • Oil price falls back from one-year highs, hit by OPEC deal concerns (Reuters)

Global Stocks Decline On Samsung Woes; Rising Dollar Pressures Oil

Global markets and US equity futures fell on Samsung Galaxy Note 7 contagion concern, while the dollar rose to its strongest level in 11 weeks and U.S. bonds declined as investors boosted wagers that the Federal Reserve will raise interest rates this year.

The Demise Of The EU

Like the Titanic, the EU was presented as a “super-state”, one that would be bigger and better than all the others in Europe. It was declared unsinkable. Yet, soon after it was launched, it hit an unexpected iceberg from which it could not recover. Years from now, historians and economists will debate the identity of the EU iceberg. Some will say Brexit, others will say Deutsche Bank. Still others will cite events that we have not yet seen.

Turkey And Russia Sign Strategic "Turkish Stream" Gas Pipeline Deal

Turkey and Russia signed the strategic Turkish Stream gas pipeline agreement on Monday. The pipeline will carry Russian natural gas to Turkey and on to Europe under the Black Sea. Moscow and Ankara are also moving forward with plans to create a major energy hub in Turkey, Putin said at the press conference following the signing of the agreement.

A Mile-High House Of Cards

The mass media and establishment economists don’t dare call it a depression. But a depression it is.

The Economic "Recovery" Feels Weak Because The Great Recession Never Really Ended

"We are not in a recovery and were not really in a traditional recession. People think of a business cycle as a boom, followed by a recession and then there are automatic stabilizers that revive the economy, but this time, we can't revive. And the reason is that every recovery since 1945 has begun with a higher, and higher, and higher level of debt. And the debt is so high now that since 2008 we've been in what I call, debt deflation."


America Is On A Slippery Slope

The deep state is unlikely to accept that it’s Check Mate to China and Russia. Increasing desperation and the deep state’s groupthink place a high probability on another false flag operation, or a variant thereof. The world is at a critical juncture already with Syria, where the super-powers are at war through their proxies. Let’s just hope the fears expressed in this article over the senselessness of America’s future actions are overstated.

Globalization Is Done

The end of growth exposes the stupidity and ignorance of all but (and even that’s a maybe) a precious few (of our) ‘leaders’. We are transcending into an entirely different stage of our lives, our economies, our societies. Growth is gone, it went out the window long ago only to be replaced with debt. And that’s going to take a lot of getting used to. But there’s nothing that says we couldn’t see it coming.

How To Solve The Migrant Crisis (In 2 'Easy' Steps)

"I'm all for immigration and completely open borders to enable opportunity seekers from anyplace to move anyplace else. With two big, critically important, caveats: 1) there can be no welfare or free government services, so everyone has to pay his own way, and no freeloaders are attracted 2) all property is privately owned, to minimize the possibility of squatter camps full of beggars."