Time Magazine

Meanwhile, The Democrats Are Getting Worried

Given that Donald Trump is the 'devil incarnate' if one listens to any of the Clinton surrogates, Democrats are growing more and more concerned as Hillary's 'insurmountable' lead has collapsed to its lowest since the conventions. With her campaign reportedly warning media to 'tread carefully' on health concerns, The Hill reports anxious Democratic senators are urging Clinton to "be more open, show your soul, focus on the economy and talk about blue-collar jobs."

Stock Market Bubble Will Pop, Social Mood Will Get Extremely Ugly

Buying equities will put additional pressure on corporate CEOs to cut expenses and to postpone investments, fostering even greater Main Street resentment toward the financial elite. Consumer confidence won’t rise as consumption and economic growth stagnate. Having so clearly sided with owners of capital, rather than the employees of capital, global central banks are likely to become an easy target for populist ire.

The War On Whistleblowers & Why America's Next President Will Kill Julian Assange

"I’m worried about Julian Assange. This is not a maternal instinct, but rather, a pragmatic one. The increasingly hostile statements made by top state officials and their surrogates show a widespread condemnation of whistleblowers in the halls of government. President Obama set the tone early in his administration. In the case of WikiLeaks founder Julian Assange, the rhetoric goes well beyond condemnation of methodology and straight to advocating for his brutal murder."

A Kingdom In Turmoil: Saudi Societal Discontent Grows

"Given the current state of affairs in the Middle East, continued Saudi support for extremism and terrorism and increasing Islamic terror attacks on Europe and the US, US/Saudi relations will continue to deteriorate or remain in flux, regardless who wins the US Presidency in November 2016... we are likely to see more societal discontent and harsher responses by the Saudi oligarchy. Some signs are already evident..."

France: The Religious War Few Wish To Face

Until a few years ago, the unique recipe for secularism adopted by the French seemed able to guarantee the assimilation of the country's burgeoning number of Muslims, something now, by criminal and terrorist activity in the country, proven a resolute failure. Next year's election results might signal the beginning of the end for laïcité, the long-held French principle of strict prohibition against religious influence in the determination of state policies.

Corrupt Or Just Stupid? Markets Hand Corporations An Unlimited Credit Card

The crucial thing to understand about credit bubble dynamics is that borrowing money from people desperate to lend and using the proceeds to overpay for assets requires only monkey-level intelligence. So while a bubble is inflating it’s impossible for most of the media, banking and political communities to tell the legitimate operators from the hopelessly corrupt and/or extremely stupid. That’s the world we’ve created by handing monetary printing presses to governments, and by extension to corporate CEOs.

Irony Of The Day: Hollande Lectures US About Trump; Two-Way Frexit?

Hollande, whose popularity is in the gutter, lectures the US about Trump when a two-way “Frexit” looms in France: once from the Euro and a second from the EU. “The arguments in the Brexit vote and in the American presidential campaign are about the same,...In a friendly way, may I also give some advice to the American people to make the right choice when the moment comes.”

Alan "Bubbles" Greenspan Returns To Gold

The former Fed chairman says he believes another debt crisis is inevitable. He believes it will lead to high levels of inflation. His solution? Gold: “Now if we went back on the gold standard and we adhered to the actual structure of the gold standard as it exists let’s say, prior to 1913, we’d be fine. Remember that the period 1870 to 1913 was one of the most aggressive periods economically that we’ve had in the U.S., and that was a golden period of the gold standard.