Fury As Nigerian Migrant Caught Cooking Cat In Public Park Next To Children's Playground

The Money Printers Fueling Socialism's Rise Authored by David Stockman via the Brownstone Institute, Here's a graph the Keynesians, statists, and Wall Street gamblers - yes, we repeat ourselves - would prefer not to explain. At the same time, it also explains why socialism at this late date in history - and after all its abysmal failures the world over - is having some kind of dubious second coming in America. During the last three decades the national savings rate (red line) has essentially collapsed, having fallen from 6.3% of GDP in...

Trump Signals Willingness To Sell Turkey F-35 Jets Despite Loud Netanyahu Protests Israel and Turkey are in a bit of a tug-of-war with President Trump and potential major arms deals hanging in the balance. Israeli Prime Minister Benjamin Netanyahu had vehemently complained to Trump in a Friday call about Turkish President Recep Tayyip Erdoğan's escalating anti-Israel rhetoric, officials cited in Axios said. Netanyahu specifically pressed Trump block sales of weapons systems to Turkey, especially those that would help Turkey modernize its air force. Of central issue remains potential F-35 transfer, which if carried through would...

All Bubbles End In Deflation Authored by Bill Bonner via DailyReckoning.com, We begin this week’s perambulations with a stroll into the future. So far…the Bubble in the US is broader than any in history. It has been inflating everything it touched for the last 30 years. All bubbles pop, of course. How they pop is the confusing whirlwind we enter today. But don’t worry. Even in the worst crash, real wealth doesn’t disappear, it just changes hands. When the stock market goes down, those with stocks have less paper wealth…and less of a claim...