"He deliberately tries to do things to throw opponents off balance and he’s always trying to get some sort of element of surprise and tactical advantage over people, that’s sort of what keeps him going is this constant springing surprises and flipping events in his favor."
We are a scant 40 years away from the futuristic world that science fiction author Philip K. Dick envisioned for Minority Report in which the government is all-seeing, all-knowing and all-powerful, and if you dare to step out of line, dark-clad police SWAT teams will crack a few skulls to bring the populace under control. Increasingly, the world around us resembles Dick’s dystopian police state in which the police combine widespread surveillance, behavior prediction technologies, data mining and precognitive technology to capture would-be criminals before they can do any damage. In other words, the government’s goal is to prevent crimes before they happen: precrime.
"Germany's domestic intelligence chief warned on Sunday of a radicalisation of Right-wing groups amid a record influx of migrants, as xenophobic rallies and clashes shook several towns at the weekend."
Clash of the Titans? President "we don't spy/cyberhack other nations" Obama and President "we don't devalue our currency" Xi will hold a joint press conference to show the world how much US and China love each other (despite China dumping Treasuries and looming US cybersecurity sanctions on China)... grab your popcorn as Xi is supposedly taking questions from the Western press...
There is blood on the streets wherever you look in Brazil today, but probably of most interest to the hundreds of US asset managers (the ones managing your mutual funds) is what happens to Petrobras as it remains so widely held. As we noted below, bond prices are collapsing and default risk is soaring, and with the nation's currency collapsing amid the lower-for-longer oil prices, $90 billion of dollar-denominated debt could soon potentially be too burdensome for the company to repay.
- Global Stocks Steady Despite China Slowdown (WSJ)
- European Recovery Saves Markets From China Gloom as Stocks Rally (BBG)
- Pope starts U.S. trip with tone of conciliation (Reuters)
- FBI Said to Recover Personal E-Mails From Hillary Clinton Server (BBG)
- Volkswagen chief faces grilling by board over diesel scandal (Reuters)
- 'European Detroit' Fear Grips VW Company Town as Scandal Widens (BBG)
- Berlin finds itself caught up in Volkswagen scandal (FT)
“Unless we get up off our fat surpluses and recognize that television in the main is being used to distract, delude, amuse, and insulate us, then television and those who finance it, those who look at it, and those who work at it, may see a totally different picture too late.”
When 2-and-20 looks more like 50-50...
Are drones coming to a police department near you? Possibly.