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China In A Nutshell
submitted by mephisto 11 hours ago (via zerohedge.com)
We have explained the complications of China's monetary policy efforts, trade-financing shenanigans, 'peculiarly stable' headline macro data in the face of collapsing real data, and the 'hangover' effect of China's seemingly-terrified-for-reality-to-peek-through credit injections... but sometimes, a brief 30 second clip is all that is needed to explain just how it all works in China...  
Artist's Impression Of The Difference Between ISIS & America's Strategy In The Middle East
submitted by mephisto 11 hours ago (via zerohedge.com)
Presented with no comment...  h/t Cagle via Sunday Funnies
No, America Isn't Communist; It's Only 70% Communist
submitted by mephisto 11 hours ago (via zerohedge.com)
Submitted by Simon Black via Sovereign Man blog,“The proletarians have nothing to lose but their chains. They have a world to win. Workers of the world, unite!”Most people remember Karl Marx’s most potent points and phrases, and the mountain of corpses his disciples left behind, especially in the 20th century.However, most forget or don’t even know the specific policies that Marx advocated
Asian Stocks Are Sliding Following Data Disappointments Across The Region
submitted by mephisto 11 hours ago (via zerohedge.com)
Following dismal data from South Korea (industrial production plunged most since 2008), Japan (household spending missed again and dropped 4.7% YoY), and China (HSBC Manufacturing PMI missed for the 11th month in a row and dropped to 50.2 - barely expansion), and Hong Kong's ongoing protests, Asian stocks are all down hard. Japan's Nikkei 225 is 300 points off Friday's highs (ignoring
Ron Paul Explains Why The "Scottish Referendum Gives Reasons To Be Hopeful"
submitted by mephisto 11 hours ago (via zerohedge.com)
Submitted by Ron Paul via The Ron Paul Institute for Peace and Prosperity,Even though it ultimately failed at the ballot box, the recent campaign for Scottish independence should cheer supporters of the numerous secession movements springing up around the globe.In the weeks leading up to the referendum, it appeared that the people of Scotland were poised to vote to secede from the United Kingdom.
Venezuela's "21st Century Socialism": Food Lines For The People, New Cars For The Military
submitted by mephisto 11 hours ago (via zerohedge.com)
"Food lines are part of our daily existence," exclaims one member of the Venezuelan public, as people line up for hours outside state-owned supermarkets to buy regulated staple goods, or, as Bloomberg reports, pay three times as much from street hawkers. However, on the other side of the fence in Southern Caracas, President Maduro's "21st Century Socialism" looks a little d
Europe & China Start Direct Trading In Euros & Yuan As De-Dollarization Expands
submitted by mephisto 11 hours ago (via zerohedge.com)
De-dollarization has been an ongoing theme hidden just below the surface of the mainstream media for more than a year as Russia and China slowly but surely attempt to "isolate" the US Dollar. Until very recently, direct trade agreements with China (in other words, bypassing the US Dollar exchange in bilateral trade) had been with smaller trade partners. On the heels of Western pressure,
Senate Sponsor Exposes The Real Reason For The Fed
submitted by mephisto 11 hours ago (via zerohedge.com)
Robert Latham Owen was a part-Cherokee Democratic Senator from Oklahoma between 1907 and 1925 who (ironically) championed efforts to strengthen public control of government.He is, however, best-known as a co-sponsor of a bill that would change the world forever - The Federal Reserve Act of 1913 (which enabled the Federal Reserve System). Writing later in his life, he reflected (as so many politica
The Difference Between Nominal And Real, In One Chart Courtesy Of Japan
submitted by mephisto 11 hours ago (via zerohedge.com)
For about three years, or just before the terminal Keynesian/monetarist experiment of Abenomics was launched, Japanese wages were flatlining, happily hugging the 0% Y/Y line. But that was ok, because the country had deflation or at best 0% inflation, meaning quite often real wages, adjusted for actual purchasing power, were higher than nominal wages. Then, following Abe's triumphal return after a
The Hong Kong Protest: What It's All About
submitted by mephisto 11 hours ago (via zerohedge.com)
Considering that as recently as 3 weeks ago the leader of the Occupy Central movement in Hong Kong decided to throw in the towel, after admitting that his civil disobedience movement’s pursuit of democracy had “failed” as a result of waning public support, many are shocked by how aggressively Hong Kong's students took up the baton: almost as if the mystery sponsor behind the ISIS blitz-ascen

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