Italy Gives ECB An Ultimatum: “Guarantee” Bond Spreads Or “Euro Will Be Dismantled”

Italy Gives ECB An Ultimatum: “Guarantee” Bond Spreads Or “Euro Will Be Dismantled” | Zero Hedge

https://www.zerohedge.com/news/2018-08-13/italy-gives-ecb-ultimatum-guarantee-bond-spreads-or-euro-will-be-dismantled

Re-posted from Zero Hedge.

Geoff

Geoff Comments: Just as the EU is threatened by Turkey’s instability, Italy threatens blackmail…

Posted in ECB, Euro, Italy | Tagged | Leave a comment

Lira crisis: What’s next for Turkey?

Lira crisis: What’s next for Turkey?

https://money.cnn.com/2018/08/13/investing/turkey-crisis-analysis/index.html

Re-posted from CNN.

Geoff

Geoff Comments: If Turkey defaults on its bonds, they could take down key banks in the EU… Plunging the EU into monetary crisis… Not pretty…

Posted in Turkey | Tagged | Leave a comment

The Ten Most Hateful Americans and Why they Matter

The Ten Most Hateful Americans and Why they Matter

https://www.americanthinker.com/articles/2018/08/the_ten_most_hateful_americans_and_why_they_matter.html

Re-posted from American Thinker.

Geoff

Geoff Comments: Review this list, now ponder about why you know these names…

Posted in Americans, Difficult | Tagged | Leave a comment

Capital Flight — The Strategy Behind Trump’s Sanctions

Capital Flight — The Strategy Behind Trump’s Sanctions

https://www.americanthinker.com/articles/2018/08/capital_flight__the_strategy_behind_trumps_sanctions_.html

Re-posted from American Thinker.

Geoff

Geoff Comments: Capital flight catalyzes change, accelerates President trump’s Agenda…

Posted in Capital, Flight | Tagged | Leave a comment

Turkey Turmoil Exposes “Real Cost Of Free Money”

Turkey Turmoil Exposes “Real Cost Of Free Money” | Zero Hedge

https://www.zerohedge.com/news/2018-08-13/turkey-turmoil-exposes-real-cost-allegedly-free-money-post-financial-crisis

Re-posted from Zero Hedge.

Geoff

Geoff Comments: Free money contagion has been happening for a decade, why is this phenomenon only gathering attention now? Free money has already infected the entire world…

Posted in Turkey | Tagged | Leave a comment

Tesla’s slow disclosure raises governance, social media concerns

Tesla’s slow disclosure raises governance, social media concerns | Reuters

https://www.reuters.com/article/us-tesla-musk-sec/teslas-slow-disclosure-raises-governance-social-media-concerns-idUSKBN1KY08C?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+reuters/topNews+(News+/+US+/+Top+News)

Re-osted from Reuters.

Geoff

Geoff Comments: Elon Musk is losing his mind…

Posted in Elon Musk, Tesla | Tagged | Leave a comment

Turkey crisis: Economy faces weak lira, inflation, debt and tariffs

Turkey crisis: Economy faces weak lira, inflation, debt and tariffs

https://www.cnbc.com/2018/08/13/turkey-crisis-economy-faces-weak-lira-inflation-debt-and-tariffs.html

Re-posted from CNBC.

Geoff

Geoff Comments: As usual, the current situation was largely self-inflicted…

Posted in Turkey | Tagged | Leave a comment

As Venezuela disintegrates, a new breed of pirates threatens the Caribbean

As Venezuela disintegrates, a new breed of pirates threatens the Caribbean – The Washington Post

https://www.washingtonpost.com/classic-apps/as-venezuela-disintegrates-a-new-breed-of-pirates-threatens-the-caribbean/2018/08/08/a99b9b1c-9024-11e8-ae59-01880eac5f1d_story.html?utm_term=.e6d37827ba66

Re-posted from Washington Post.

Geoff

Geoff Comments: Pirates, a new element in the death of Venezuela…

Posted in Venezuela | Tagged | Leave a comment

10 Numbers That Prove That America’s Current Financial Condition Is A Horror Show

10 Numbers That Prove That America’s Current Financial Condition Is A Horror Show

http://theeconomiccollapseblog.com/archives/10-numbers-that-prove-that-americas-current-financial-condition-is-a-horror-show

Re-posted from The Economic Collapse Blog.

Geoff

Geoff Comments: They certainly are indicative of an accelerating collapse…

Posted in Economics, USA | Tagged | Leave a comment

Anatomy of the Housing-Market Inflection Point in the Bay Area’s Sonoma County: Insider View

Anatomy of the Housing-Market Inflection Point in the Bay Area’s Sonoma County: Insider View | Wolf Street

https://wolfstreet.com/2018/08/13/housing-market-inflection-point-bay-area-sonoma-county-supply-volume-price/

Re-posted from Wolf Street.

Geoff

Geoff Comments: We can all watch history repeat itself… It was bound to happen…

Posted in California, Housing, Real Estate | Tagged | Leave a comment