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Sprott Money's picture

Confusing Inevitable with Imminent





In the early 2000’s, I began to advise friends and associates that much of the world would likely be entering a depression before the decade was out.

 
Tyler Durden's picture

Swedish Nazi Creates "Accommodation Centers" For Refugees As Turkey Insists "We're Not A Concentration Camp"





Submitted for your consideration: 1) "A man from northern Sweden who has praised Adolf Hitler on Facebook and participated in Nazi demonstrations has answered a call from Sweden's Migration Agency for volunteers willing to offer accommodation to refugees," 2) "I said this to Merkel too. No one should expect Turkey to turn into a concentration camp where all the refugees stay in."

 
Tyler Durden's picture

Frontrunning: October 19





  • Great News: China’s GDP Growth Beats Forecasts as Stimulus Supports Spending (BBG)
  • Oh wait, maybe not: China GDP: Deflategate Comes to Beijing (WSJ)
  • Actually, definitely not: Shanghai rebar falls to record low after weak China GDP (Reuters)
  • But who cares: European Shares Gain on Earnings as Bonds Drop, Metals Decline (BBG)
 
Tyler Durden's picture

"We Are Facing Social Unrest" - German Police Union Chief Demands Building Of Border Fence Around Germany





Germany's police union chief, Rainer Wendt, called for a fence to be built along the country's border to stem the flow of migrants. : Wendt said Germany was facing "social unrest" due to the large number of migrants entering the country. "Our internal (law and) order is at risk...Someone needs to pull the emergency brake now," he cautioned.

 
Tyler Durden's picture

UCLA Unleashes Absurd, Anti-Intellectual & Dangerous Attack On Campus Free Speech





One of the most dangerous trends in America today is occurring on college campuses. These are the places we grew up viewing as laboratories for free speech, youthful energy and resistance to the status quo. Unfortunately, what they’re turning into are anti-intellectual wastelands in which America’s supposedly “best and brightest” are being transformed into unthinking, mentally shackled, emotionally stunted automatons. The only thing being produced on college campuses these days seem to be frightened, thoughtless worker-bees, conditioned to shut-up and instinctively worship authority.

 
Tyler Durden's picture

Silicon Valley's Ultimate Insider Warns Of "Subprime Unicorns... Managements Are Deluded"





"A handful of these so-called unicorns will become the great, enduring companies of tomorrow. But a good number seem the flimsiest of edifices. There is also a false sense of security provided by the private markets... some of these valuations are illusory ...Most of the leaders of the subprime unicorns who continue to enjoy the fruits of the private market delude themselves..." -Michael Moritz, Chairman, Sequoia Capital

 
Tyler Durden's picture

Germany Caught In FIFA Bribery Scandal After Report 2006 World Cup Was Bought





With FIFA executive heads falling faster than Glencore stock (with Blatter and Platini most recently and today the entire Kuwait FA), it appeared we had reached some kind of peak debacle.. but no! German newspaper Der Spiegel reports that the German bidding committee created a slush fund in its effort to garner votes from Asian FIFA officials, land the rights to host the 2006 World Cup (which they did by 12 votes to 11).

 
Tyler Durden's picture

Frontrunning: October 15





  • China economic growth seen slowing despite policy easing (Reuters)
  • FBI, Justice Department Investigating Daily Fantasy Sports Business Model (WSJ)
  • Obama to slow pace of withdrawal of U.S. troops from Afghanistan (Reuters)
  • Corporate America's Epic Debt Binge Leaves $119 Billion Hangover (BBG)
  • Islamic State battles insurgents as Syria army prepares assault (Reuters)
  • Why Hillary Clinton Can’t Win by Going After the NRA (BBG)
 
Tyler Durden's picture

Paul Craig Roberts On The MH-17 Report: "Only An Idiot Would Believe It"





"When I read that the report on the downing of the Malaysian airliner over Ukraine was being put in the hands of the Dutch, I knew that there would be no investigation and no attention to the facts. And there wasn’t."

 
Tyler Durden's picture

Frontrunning: October 14





  • Democratic rivals back Clinton on emails, but little else in scrappy debate (Reuters)
  • Hillary Clinton Shows Relentless Efficiency in First Democratic Debate (WSJ)
  • U.S. Examines Goldman Sachs Role in 1MDB Transactions (WSJ)
  • JPMorgan Says Trading Pain Isn't Over After Third-Quarter Slump (BBG)
  • Islamic State battles insurgents near Aleppo as army prepares assault (Reuters)
  • Oil Slide Means `Almost Everything' for Sale as Deals Accelerate (BBG)
 
Tyler Durden's picture

Thousands Of Angry Unpaid Chinese Workers Protest Shocking Bankruptcy Of Major Telecom Supplier





Major Chinese telecom supplier Fu Chang Electronic Technology Co. (also known as Fosunny), shocked its 3,800 employees when  instead of going public, the company announced it would be going dark instead when it issued a statement saying it was ceasing operations due to liquidity problems resulting from legal and debt issues.

 
Tyler Durden's picture

Massive Fire Burns After Another Explosion Rocks Tianjin Warehouse





As RT and others report, "a major fire broke out in a deposit in the Chinese city of Tianjin. The fire was caused by a leak of alcohol"

 
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