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People Ignore Facts That Contradict Their False Beliefs

"The more people there are who ignore facts that contradict their beliefs, the likelier a dictatorship will emerge within a given country...This is how aristocracies, throughout the Ages, have controlled the masses - by taking advantage of this widespread tendency people have to ignore contrary facts..."

FX Week Ahead: Market In Need Of Brain-Changer, Not Game-Changer

After the FOMC meeting last week, it was (yet) again apparent that the Fed are still keen to maintain a normalisation path designed to not only get rates back to neutral levels, but also build up the policy tool kit again as well as staving off excessive leverage which has boosted stock markets to record highs. 

Earthquake Detected Near North Korea Nuclear Test Site; China "Suspects Explosion"

In what may be the latest major escalation involving North Korea - and potentially the nation's 7th nuclear test - China's earthquake administration said it detected a magnitude 3.5 earthquake in North Korea, which it suspects "was caused by an explosion", raising fears that the rogue state has tested another nuclear bomb.

Second Largest Week Of Tech Inflows Ever

The tech scare, which hit earlier this summer, is long forgotten and clearly over because according to the latest EPFR data compiled by Bank of America, the past week saw the second largest week of inflows to tech on record ($1.0bn) and the largest week of inflows was late Jan'17.

The Worst Mistake In US History

"The worst mistake in U.S. history was the conversion after World War II of the U.S. government from a constitutional, limited-government republic to a national-security state. Nothing has done more to warp and distort the conscience, principles, and values of the American people, including those who serve in the U.S. military."

The Future Will Be Decentralized

"The role of media as officialdom’s trusted gatekeepers had been declining in influence for years, but the 2016 election served as the real wakeup call for a discredited establishment. Control of mass consciousness had been lost."

India: The Genie Of Lawlessness Is Out Of The Bottle

"Indian culture is tribal and irrational. It simply cannot maintain, let alone create, institutions of the type the British left behind...Freedom of speech is one of the last surviving major pillars of the British legacy, but it has weakened significantly and is rapidly crumbling further, with Modi as a major catalyst."