Reality

Is Bitcoin, Millennial's "Fake Gold"?

"Bitcoin may go up to $110,000 by the end of the 2018 before it comes down to... earth. That is how bubbles work. Just because I called it a bubble doesn’t mean it will automatically pop..."

Deutsche: "We Are Almost At The Point Beyond Which There Will Be No More Bubbles"

"It is clear that the spiraling trajectory cannot continue indefinitely; it has to stop at some point beyond which there will be no more bubbles. In many ways, it looks like the post-2008 represents the last lapse. A new game has to be reinvented for the old future to materialize, or a different paradigm altogether has to take over."

China Unveils Plan To Combat Trump Tax Reform: “We’ll Have Tough Battles"

Beijing is putting in place a contingency plan to combat consequences for China of U.S. tax changes as well as expected interest-rate increases by the Federal Reserve. Under the plan the PBOC will "deploy a combination of tools—higher interest rates, tighter capital controls and more-frequent currency intervention—to keep money at home and support the yuan."

Welcome To The Hell Hole That Is Brussels

"If you penetrate the thick cloud of professional indignation to scrutinize the reality of the 'capital of Europe', what you see in many respects is actually a hell hole, one where socialism, Islamism, riots and looting are the new normal."

 

The Zealous Pursuit Of State-Sponsored Collapse

"Most notably, financing tax cuts with money borrowed from the future is doomed to fail.  Hence, the great GOP tax cuts represent but another fail milestone in the zealous pursuit of state-sponsored collapse..."

Bitcoin's 'Message' & Tax Reform's 'Hidden Agenda'

"The dirty open secret here is that these central bank interventions are the only means for keeping the capital markets up, and that the markets are just a Potemkin false front for Western economies that are drying up and blowing away..."