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Meet AISight - The "Pre-Crime"-Detecting Software Being Installed On Global CCTVs
submitted by mephisto 4 hours ago (via zerohedge.com)
Submitted by Mike Krieger of Liberty Blitzkrieg blog,If you thought that CCTV cameras tracking your every move in public was bad enough, you’re going to just love AISight (pronounced “eyesight” of course). The invention of a Houston, Texas based company called BRS Labs (which stands for Behavioral Recognition Systems) is headed by former secret service special agent John Fra
Watch As China Is Swept Under The Worst Sandstorm In 18 Years
submitted by mephisto 4 hours ago (via zerohedge.com)
Some worry about the quality of the drinking water in China, others fear the choking smog of the cities, still more are concerned about the inevitable collapse of their real-estate bubble; but none of these compare to the Gansu Province (in the Northwest of China) strongest sandstorm since at least 1996 that turned day into night Wednesday afternoon.  As The Telegraph reports,A strong sa
WTF Headline Of The Day: Justin Bieber Visits Japan's Yasukuni War Shrine
submitted by mephisto 4 hours ago (via zerohedge.com)
With President Obama in the middle of the pissing match between Japan and China's nationalist provocations, we thought it perfectly appropriate that none other than Justin Bieber would visit the Class-A war criminal housing Yasukuni shrine. As might be expected, his actions stirred up controversy... We are sure Obama was quick to point out that Bieber is Canadian...  As The Diplomat&
What Professional Buyside Traders Really Think Of HFT
submitted by mephisto 4 hours ago (via zerohedge.com)
From Nick Colas of ConvergexStimulus & Response: HFT Survey ResultsSummary: We recently completed an online survey of ConvergEx customers and partners on the subject of U.S. equity market structure, with 357 responses largely (65%) from our institutional buy-side clients and prospects.  The headline number is startling: fully 70% of survey participants do not believe that equity markets a
Guest Post: Demography + Debt = Doom
submitted by mephisto 4 hours ago (via zerohedge.com)
Originally posted at Gerold's blog,A ‘Perfect Storm’ of demography and debt will economically and financially doom almost every country on earth. It will be TEOTWAWKI – ‘The End Of The World As We Know It’.No, it’s not the end of life or even the end of civilization. However, when it’s all over, nothing will ever be the same and that includes the disap
And Then There Is Everything Else: Summary Of All The Ignored Conflicts And Crises Around The World
submitted by mephisto 6 hours ago (via zerohedge.com)
Since the centrally-planned market is so broken it no longer has the capacity to evaluate and respond to any geopolitical threats and shocks, here - lest anyone think that with the S&P a hair away from all time highs there is nothing to worry about - is a summary of all the simmering, and in some cases, searing and/or scorching geopolitical conflicts and other tensions around the world.From Gu
U.S. Exports A Record Amount Of Gold To Hong Kong In January
submitted by mephisto 6 hours ago (via zerohedge.com)
Submitted by SRSrocco via SRSrocco Report blog,The figures are out and it looks like the United States exported a record amount of gold to Hong Kong in January.  Not only was this a one month record… it was a WHOPPER indeed.Last year, the U.S. exported a total of 215 metric tons of gold bullion to Hong Kong.  This was not the total amount of gold exported to Hong Kong as some smal
Tokyo CPI Spikes To Highest Since 1992 (Well Above Abe's 2% Target)
submitted by mephisto 6 hours ago (via zerohedge.com)
If this evening's data from Tokyo on April's Consumer Price Inflation is any guage on the national inflation picture, those hoping for moar stimulus had better start praying for war. Thanks to favorable comps and the April 1st tax rise, Tokyo CPI jumped to 2.9% YoY - its highest since 1992 - and well above the BoJ's 2% inflation goal. Mission accomplished (almost)... except that the economy just w
How The World Sees NATO (In One Cartoon)
submitted by mephisto 6 hours ago (via zerohedge.com)
A picture paints a thousand words - though perhaps only one is necessary to describe NATO...(for now)...  Source: Investors.com
Superstar FX Trader Whiz-kid Nothing But A Superspending Ponzi Fraud
submitted by mephisto 6 hours ago (via zerohedge.com)
Who can forget the amazing story of Alex Hope which was all the rage two years ago? Actually considering how short reader, institutional and certainly vacuum tube memories have become, perhaps everyone. So here is a reminder.The UK's Daily Mirror newspaper has uncovered the FX trader who dropped over $300k in a Scouse club. It is a 23-year old 'self-taught' barrow-boy named (somewhat ironically i

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