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Finance


3 hours ago (via zerohedge.com)
I've been a guest writer at Zero Hedge for quite a few years. Shocking as it may seem, "Tyler" and the gang have put absolutely no pressure on me to spin stories one way or the other.... Or to avoid any topics.I've asked Tyler more than once whether I should write on a certain topic, and he's consistently - and shockingly - said I should write whatever I want.For example

7 hours ago (via zerohedge.com)
Submitted by Justin Raimondo via AntiWar.com,The reaction to GOP frontrunner Donald Trump’s much-awaited foreign policy speechfrom the Washington elites was all-too-predictable: they sneered and snickered that he had mispronounced “Tanzania.” The more substantive criticisms weren’t much better: perpetual warmonger Lindsey Graham, whose pre

7 hours ago (via zerohedge.com)
'Exceptional' America is no longer the home of the world's most expensive city in which to live and work. As the latest report from the World Economic Forum finds, the honor of the priciest place to reside is the United Kingdom's capital - London. At £80,777 (~$120,000) per person per year, "The Big Smoke" is twice as costly as Los Angeles or Sydney...London has topped the list since June 2014...

9 hours ago (via zerohedge.com)
Is Turkey the support behind ISIS? A documentary released by RT lays out evidence that would lead to that conclusion... one we first exposed here, here, and here... and is interestingly timed given Europe's potential desire to regain some leverage over Erdogan.The documentary takes place just days after the YPG took back the town of Shaddadi (a former ISIS stronghold), and what is revealed wil

9 hours ago (via zerohedge.com)
By Adventures in CapitalismThe Woodstock Of Crony CapitalismIt’s been a while since I've attended the Berkshire Hathaway (BRK:NYSE) annual meeting. Between the tedium of little kids asking questions about how to live life, to the feel-good nature of the thing, I simply got repulsed. Why do a bunch of hard-nosed capitalists choose to act like Ned Flanders for a weekend—in Omaha of all places? I

9 hours ago (via zerohedge.com)
For every dollar that you have in the bank there is actually 0.00061 dollars available...in other words, there's 6 cents for every $100 dollars of deposits that you have at the bank.As Mike Maloney explains in this brief clip, we live in an economic system that is made complicated by design. Basically, it’s set up so most people don’t even try to understand it.Got Gold? 

9 hours ago (via zerohedge.com)
Authored by Jeremiah Johnson (nom de plume of a retired Green Beret of the United States Army Special Forces (Airborne)), via SHTFPlan.com,Most readers have been watching, as the U.S. and Russia seem to be positioning themselves along Cold War lines.  The posturing is not confined to maneuvering military assets; it also runs along economic lines, in which most warfare is at least based if not

12 hours ago (via zerohedge.com)
Via EricPetersAutos.com,Why the hard-sell for self-driving cars?This week, Ford and Volvo announced they are forming a “coaliton” – along with Google – to push not only for the development of self-driving cars, but for federal “action” (their term) to force-feed them to us.Why?The reasons are obvious: There’s money – and control – in it.To unde

12 hours ago (via zerohedge.com)
As a natural consequence of the Manhattan luxury real-estate slowdown that we've documented previously (here and here), REIT's that have exposure to the Big Apple are starting to feel the impact to their bottom line.According to reports, REIT Equity Residential, the U.S.’s biggest publicly traded multifamily landlord, fully intended to increase net effective rents in Manhattan during the first q

12 hours ago (via zerohedge.com)
When one month ago, Italy was scrambling to unveil a "last resort" bad bank bailout fund (which eventually received the name Atlante, or Atlas, for the Titan god who was condemned to hold up the sky for eternity, only in this case he is holding up Italy's €360 billion in bad loans), many wondered why the rush? While the explicit purpose of the fund was to allow Italy to bailout insolvent banks w




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