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From the supporters of Donald Trump to the street protesters of southern Europe, voters around the world are mad as hell. Inequality, immigration, and the establishment’s perceived indifference are firing up electorates in a way that’s rarely been seen before. As the following charts from Bloomberg show, the forces shaping the disruption of global politics […]

Submitted by Jeff Deist via The Mises Institute, This article from the Free Beacon about Bernie Sanders being kicked out of a “hippie commune” in 1971 reads like something from The Onion. Bernie, age 30(!) at that point, was like a bad college roommate who preferred late night political discussions to housework and cleaning. And based on uncontested […]Read More

Share on Facebook Tweet on Twitter BRAIN TEASERS! by Obinna Njaka “Below are two structures in Igboland. The one on the left is owned by a politician who just served for two years under President Goodluck Jonathan. The building on the right is that of a secondary school teacher who has diligently served his country […]

Governor of the Central Bank of Nigeria, (CBN) Godwin Emefiele on Sunday, said that a total of N4.9bn has been provided as loans to rice farmers under its anchor borrower program. He made this disclosure while touring farmlands in Kebbi State cultivated under the intervention program of the CBN. The Czar of the apex bank […]

Kaduna Refinery and Petrochemicals Company has resumed production. According to investigations, the refinery commenced operations on Friday. According to a source, the refinery was successfully switched on, on Friday night after rigorous repairs. “We resumed production on Friday night,” one official said. “By Monday, the lifting of products, especially PMS, will commence.” Chief Operating Officer, […]

Nigerian Mutual Funds lost an estimated N1.8 billion in the first quarter of 2016, according to analysis conducted by Quantitative Financial Analytics on the basis of NAV Summary data report released by the Security and Exchange Commission, SEC for April, 1 2016. Interestingly, increased inflows, mostly in the money market funds, ensured that the total […]

Submitted by David Stockman via Contra Corner blog, I mistakenly took Squawk Box off mute Friday morning. It was just in time to hear one of the regular anchors – the one who makes Joe Kernen sound slightly insightful by comparison – forecast a pick-up in global growth on the grounds that “China is recovering”. Yes, the credit intoxicated land of the Red Ponzi […]Read More

As we’ve known for quite some time now, Illinois is completely insolvent, and in large part due to enormous pension liabilities which as of December were underfunded to the tune of $111 billion. Not only is the state insolvent, its millionaires can’t get out fast enough to avoid the massive tax hikes that will be […]

Submitted by Soeren Kern via The Gatestone Institute, The European Union now finds itself in a classic catch-22 situation. Large numbers of Muslim migrants will flow to Europe regardless of whether or not the EU approves the visa waiver for Turkey. “If visa requirements are lifted completely, each of these persons could buy a cheap […]

The fallout of popular anger emanating from Europe’s refugee crisis, which may have moderated in recent weeks following Europe’s desperate attempts to bribe Turkey to keep as many refugees in its borders as possible (unleashing the era of unprecedented Turkish leverage over European sovereigns, including Germany and the Netherlands) continued today with a dramatic result […]

Via NorthmanTrader.com, Sorry folks, it’s not a bull market. Not yet. The evidence I’ll outline indicates it may be too early to celebrate. I know the headlines are dominated by calls for new highs to come, a bull market in full swing ready to break out of a multi year consolidation. I’ve recently outlined the technical target should […]Read More

By Richard Sisk, first posted on Military.com Russia should be warned that its dangerous flybys of U.S. ships and planes could be met by force, President Barack Obama’s nominee as the next NATO and U.S. European Command commander said Thursday. “Sir, I believe that should be known — yes,” Army Gen. Curtis M. “Mike” Scaparrotti […]Read More