With the US on holiday for President’s Day and many Asia markets still closed for Lunar New Year holidays, it has been a quiet start to the week, even as last week's dollar turbulence has resumed, while S&P futures are doing their best to levitate without anyone manning the controls.
"There’s no defense like a good offense...The Mueller indictment against the Russians is a well-timed effort to distract Americans’ attention from the real collusion rotting the core of our public life by shifting attention to a foreign enemy."
Banks like to pretend that they're so much more established and secure than the world of cryptocurrencies, but as anybody who pays close attention to the headlines would know... that's just not the case...
"Many factors influence how effectively a government is able to uphold the rule of law; some are able to combine these efficiently, resulting in strong adherence to the law, others tend to struggle..."
"The spectrum of national security is very broad and without a clear definition it could easily be abused. If the final decision from the US hurts China’s interests, we will certainly take necessary measures to protect our legitimate rights."
"The press has played an active role in the Trump-Russia collusion story since its inception. It helped birth it... When the reckoning comes, Russiagate is likely to be seen not as a symptom of the collapse of the American press, but as one of the causes for it."
"... it’s important to remember that the money–GDP correlation is merely a byproduct of a lending–GDP correlation. Bank lending, not money, is the driving force... economists built a discipline (mainstream macro) on a false premise so significant it can’t be corrected without starting over..."
“All these currencies, there is nothing backing the currencies except the government’s force...They are all going to have a catastrophic drop... the whole underlying structure of our economy is destabilizing..."
"If it was the GOAL of Russia to create discord, disruption and chaos within the U.S. then, with all of the Committee Hearings, Investigations and Party hatred, they have succeeded beyond their wildest dreams..."
Officials at the FAA are investigating a serious helicopter crash near the southern tip of Daniel Island, South Carolina, in what could be the first-ever drone-related crash of an aircraft in the United States...