Mexico

Tyler Durden's picture

Japanese Tapering Whispers Define Overnight Session: Yen Soars, Dollar Slides, Futures Droop





Following last night's surprise event, which was China's HSBC PMI dropping into contraction territory for the first time since July, which in turn sent Asian market into a tailspin, the most relevant underreported news was a speech by International Monetary Fund Deputy Managing Director Naoyuki Shinohara who said that "As long as steady progress is being made toward the 2% target, we do not see a need for additional monetary accommodation in Japan." He added that while exit from unconventional monetary policy "is still very likely some way off for the euro area and Japan, I believe that the moment to start planning is now." This warning - an echo of prcisely what we said yesterday - promptly roiled the Yen, sending it far higher and sending the EMini futures sliding by over 10 tick in no time: a drop from which they have not recovered yet.

 
Tyler Durden's picture

Mexican Citizens Topple Cartels And Are Rewarded With Government Retaliation





When facing a corrupt system, provide for yourself and your community those necessities that the system cannot or will not. Become independent from establishment-controlled paradigms. If you and your community do this, the system will have one of two choices: 1)  Admit that you do not need them anymore and fade into the fog of history, Or... 2)  Reveal its tyrannical nature in full and attempt to force you back into dependence. In either case, the citizenry gains the upper hand. We are hard-pressed to think of a better recent example of the non-participation principle in action than the rise of Mexican citizen militias in the Western state of Michoacan.

 
ilene's picture

Pam Martens on David Bird (Missing) and his Writing





Pure speculation, but interesting information. 

 
Tyler Durden's picture

Guest Post: How I Renounced My US Citizenship And Why (Part 2)





The following is Part 2 (Part 1 here) a firsthand story of how and why a former US citizen - who kindly shared this information on condition of anonymity - decided to renounce his US citizenship

 
Tyler Durden's picture

What If Nations Were Less Dependent on One Another?





Autarky is more than a ten-dollar word for self-sufficiency, as it implies a number of questions that “self-sufficiency” alone might not. The ability to survive without trade or aid from other nations, for example, is not the same as the ability to reap enormous profits or grow one’s economy without trade with other nations. In other words, 'self-sufficiency' in terms of survival does not necessarily imply prosperity, but it does imply freedom of action without dependency on foreign approval, capital, resources, and expertise. 

 
Tyler Durden's picture

Tell The Fed How You Really Feel About Banks Trading Physical Commodities





Delighted by the Goldman Sachs et al commodity cartel hoarding aluminum inventory in one of their warehouses and pushing prices artificially higher? Happy that JPM is reprising the role of Enron (without admitting or denying it) and creating "schemes" with which to boost prices for end consumers (and have FERC furiously slap its wrist in response)? Ecstatic by that whole "precious metals" manipulation 'thing' by assorted unnamed banks (aside from the London fix of course - that has now been confirmed)? Then take this opportunity to tell the Fed how happy you really feel.

 
George Washington's picture

American Government Backed Murderous Mexican Drug Cartel for More Than a Decade





DEA Agent and Justice Department Official Testify In Court that the U.S. Backed the Sinaloa Drug Cartel Between 2000 and 2012

 
Tyler Durden's picture

Frontrunning: January 13





  • Full onslaught 1: New Jersey Gov. Chris Christie's Aides Pressed Hard for Endorsements (WSJ)
  • Full onslaught 2: Feds investigating Christie's use of Sandy relief funds (CNN)
  • Iran nuclear deal to take effect on January 20 (Reuters), Iran to get first $550 million of blocked $4.2 billion on February 1 (Reuters)
  • Sen. McCaskill didn’t want to be in same elevator with Hillary Clinton (Hill)
  • The banks win again: Basel Regulators Ease Leverage-Ratio Rule for Banks (BBG)
  • Ireland's Rebound Is European Blarney (NYT)
  • Democrats prove barrier for Obama in quest for trade deals (FT)
  • Federal Reserve Said to Probe Banks Over Forex Fixing (BBG)
 
Tyler Durden's picture

The Other Side Of Marc Faber: Gold, Hashish, And 'Efficient' Whiskey-Drinking





From hashish to drinking cheap whiskey in Chiang Mai clubs, the following clip rounds up the 'best of' Marc Faber over the last few years...

  • On the elites - "I am not sure the thinkers are in Davos"
  • On the media - "you are an optimist, keep on dreaming... us foreigners just laugh"
  • On solutions - "cut government expenditures by 50%; fire half the government... including the President"
  • On Americans - "people in the western world have abandoned personal responsibility"
  • On government - "who would have faith in the US administration, certainly not someone who thinks"
  • On Gold - "not to own gold is to trust central banks, and that you don't want to do in your life"

 

 
Tyler Durden's picture

How The U.S. Employs Overseas Sweatshops To Produce Government Uniforms





The following article from the New York Times is extraordinarily important as it perfectly highlights the incredible hypocrisy of the U.S. government when it comes to overseas slave labor and human rights. While the Obama Administration (and the ones that came before it) publicly espouse self-important platitudes about our dedication to humanitarianism, when it comes down to practicing what we preach, our government fails miserably and is directly responsible for immense human suffering.

 
Tyler Durden's picture

Frontrunning: January 8





  • Here comes JPM's next multibillion legal reserve: Federal Probe Targets Banks Over Bonds (WSJ)
  • Mulally Bows Out of Microsoft CEO Race, Staying at Ford (BBG)
  • United States sending more troops and tanks to South Korea (Reuters)
  • Eurozone unemployment sticks at record high (FT)
  • China-Japan 'Voldemort' attacks up ante in propaganda war (Reuters)
  • Alternative Lenders Peddle Pricey Commercial Loans (WSJ)
  • John McAfee: glad Intel dropping name from security software (Reuters)
  • Jobless Benefits Bill Stays Alive Amid Talks on Offsets (BBG)
  • Chicago Colder Than South Pole as Frigid Air Clamps Down (BBG)
  • Former Miss Venezuela shot dead in attempted robbery (Reuters)
 
Tyler Durden's picture

S&P At 2,200, 4% On The 10 Year, WTI Over $110 And Bitcoin At $0 - Byron Wien's 2014 Predictions





The predictions of Blackstone's octogenarian Byron Wien (born in 1933) have been all over the place in the past 10 years, some correct, most wrong (with a recent hit rate of about 25%) - his 2013 year end S&P forecast was for 1300 - yet always entertaining. Which is the only value in the latest release of his 10 forecasts for 2014. Naturally, take all of these with a salt mine.

 
Tyler Durden's picture

Senator Bernie Sanders Asks NSA If It Spies On Congress





The real life magic-mushroom, banana dictatorship envisioned by George Orwell just went full retard.

 
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