Lol ag. Shock therapy wouldn’t cut it. More like a bolt of lightening is needed. The average American is dumber and more ignorant than a bag of cement that’s been sitting in the rain for 9 weeks. You’re probably right…coddlling is for family and friends. [...]
If you were waiting for a “black swan event” to come along and devastate the global economy, you don’t have to wait any longer. As I write this, the price of U.S. oil is sitting at $45.76 a barrel. It has fallen by more than 60 dollars a barrel since June. There is only one other time in history when we have seen anything like this happen before. That was in 2008, just prior to the worst financial crisis since the Great Depression. But following the financial crisis o [...]
from The Money GPS: [...]
Rising concerns about soy and canola oils derived from genetically altered seed are creating a new industry boom for sunflowers. Food manufacturers and restaurants need a non-GMO alternative, and it looks like the sunny flower that tracks the sun will meet growing demand.
The non-GMO status of sunflowers looks bright since the genes of sunflowers are hard to alter, at least for the foreseeable future (and as long as Monsanto doesn’t meddle). According to the US Department of Agricultur [...]
Aaron Dykes & Melissa MeltonActivist PostMedia coverage is now focusing on the experimental Ebola treatments being given to two American Ebola patients who contracted it while caring for victims in Africa — the site of the world's deadliest outbreak.But that Ebola treatment, created by a leading bioengineering scientist from the University of Arizona who "joked" about wiping out humanity with a "better" genetically engineered virus during a post-lecture Q&A focused on over-population i [...]
from WallStForMainSt: [...]
by Addison Wiggin, Daily Reckoning.com:
Austria, 1920-21: The government printed money to cover its debts from World War I.
Food and fuel costs exploded. Banks urged their customers to convert Austrian kronen into a more stable currency… even though it was against the law.
A law-abiding widow is wiped out on the day of a bank run. Her diary entry is reproduced in Adam Fergusson’s book When Money Dies…
“Why don’t you think the krone will recover again?” [I asked my banker.]
Bloomberg | Miami's economic plight is a microcosm of America. [...]
by Dan Dicker, Testosterone Pit.com:
It is with incredible equanimity that the media has digested the announcement of a 5 million barrel ‘test’ release from the Strategic Petroleum Reserve on Wednesday, but the market certainly hasn’t – WTI crude plummeted.
It doesn’t take much analysis, however, to see that this is a weak attempt to flex some muscle to use the US energy boom as a wedge against Russian energy influence in Ukraine and the rest of Eastern Europe.
This ludicrous meme ha [...]