Are we really supposed to believe that this time is any different? Are we really supposed to believe that the US government can continue to indefinitely lose $1 trillion dollars per year without consequence?
In an amusing twist on the "fiat vs digital" money debate, a former Federal Reserve employee who tried to fuse the two, was sentenced to 12 months’ probation and fined $5,000 for installing unauthorized software on a Fed server to connect with a bitcoin network.
“President Putin will call President Trump after the inauguration to congratulate him. It’s a protocol thing that has to be done,” Kremlin spokesman Dmitry Peskov said. “We expect that they may discuss their positions on a possible meeting.”
Update: so much for that. According to Reuters, two top aides to President-elect Donald Trump denied a published report on Saturday that he is planning to hold a summit with Russian President Vladimir Putin weeks after taking office. The Sunday Times of London reported that Trump had told British officials that such a summit was being planned, possibly to be staged in the Icelandic capital of Reykjavik.
As of today, the experiment in "basic income" has officially begun, after Finland became the first country in Europe to pay its unemployed citizens a basic monthly income, amounting to 560 euros ($587), in a "unique social experiment which is hoped to cut government red tape, reduce poverty and boost employment."
"Markets don’t have a purpose any more - they just reflect whatever central planners want them to. Why wouldn’t it lead to the biggest collapse? My strategy doesn’t require that I’m right about the likelihood of that scenario. Logic dictates to me that it’s inevitable..."
What Threat to Democracy? How does giving the American people truthful and relevant information undermine American democracy, which is the claim that is reverberating throughout the mainstream media and across Official Washington?
Iceland's Interior Minister reveals details of a time the Obama administration "sent a planeload of FBI agents to Iceland seeking our cooperation in what I understood as an operation set up to frame Julian Assange and WikiLeaks."
...When the pirates arrived, they robbed the island of 100 talents of gold (worth just shy of $100 million today), an unfathomable sum at the time...It’s amazing that thousands of years have passed, and yet that very same gold could still be traded in modern financial markets.