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In recent years, many have voiced increasing concerns with their ability to place trust in official data, and have faith in conventional narratives. And for good reason: just yesterday a University of Chicago finance professor, while being interviewed at the Ambrosetti Forum, said that it is all about preserving confidence and trust in a “rigged […]

Submitted by David Stockman via Contra Corner blog, You have to wonder whether there are any carbon units left in the casino. The robo traders and HFTs, of course, have an attention span of 10 milliseconds. So their utter lack of concern about context, fundamentals and history is readily explainable. They never get around to it. But […]

Ever since explosions ripped through the Brussels airport on the morning of March 22, which together with a separate bomb attack at the Maelbeek metro station killed 32 and wounded dozens, in a terrorist attack which took the lives of two of the perpetrators Brahim El Bakraoui, 30, and his brother Khalid, 27, shown in […]

I will agree that humans are hard-wired to imagine, and that superstition  i.e. imaginary belief  that has not been subjected to the rational reality check, can easily be the outcome. If so , it looks like an inbuilt Achilles heel that is genetically programmed to limit human population. Nature  is the ultimate reality check and […]

Submitted by Patrick Buchanan via Buchanan.org, After winning only six delegates in Wisconsin, and with Ted Cruz poaching delegates in states he has won, like Louisiana, Donald Trump either wins on the first ballot at Cleveland, or Trump does not win. Yet, as that huge, roaring reception he received in his first post-Wisconsin appearance in […]

On Friday, Hillary Clinton sat down with Matt Lauer for a wide ranging interview. A number of topics came up, from Bernie Sanders, to Donald Trump, to walking a fictional tree lined street in Brooklyn. Regarding Bernie Sanders’ ability to continue pushing her in the race for the Democratic nomination, Hillary as expected played it […]

“This economy would have to improve dramatically to get to mediocre,” warns Schiff, otherwise, as Santelli rages they would be hiking rates and talking confidently, adding that either Fed-watchers are “going along with it to earn a paycheck”  – just as they did in 2008 – or “they are ignorant.” “The Fed can’t raise rates […]Read More

Back In January of 2015, we asked “who will offer the first negative rate mortgage?” Who will offer the first negative rate mortgage — zerohedge (@zerohedge) January 30, 2015 We didn’t have to wait long before Denmark’s Nordea Credit unleashed this idiocy. And now two banks in Belgium have followed suit, paying instead of charging […]Read More

Nigeria Secret Police Statement This Service wish to inform the general public that further to its efforts to stem the tide of terrorism in the Country, it has recorded another major breakthrough in the arrest of one Mohammed USMAN, widely known as Khalid AL-BARNAWI, alias KAFURI/ NAZIRU/ ALHAJI YAHAYA/MALLAM DAUDA/ALHAJI TANIMU. Khalid AL-BARNAWI was apprehended […]

The Nigerian secret police said on Saturday that “the service has uncovered the heinous role played by members of the Indigenous Peoples of Biafra (IPOB), in the abduction/kidnap of five Hausa-Fulani residents”. The victims, abducted at Isuikwuato Local Government Area in Abia State, included Mohammed GAINAKO, Ibrahim MOHAMMED, Idris YAKUBU, and Isa Mohammed RAGO, the […]

No fewer than 10 Fulani herdsmen again invaded the farm of the former Secretary to the Government of the Federation (SGF), Chief Olu Falae, killing one of his Oodua Peoples Congress, (OPC) security guards. It would be recalled that five fulani herdsmen are currently standing trial at the state High Court over the kidnap o […]

When trying to time the next US recession, most economists – as one would expect – look at economic data. The problem with such “data” as last year’s farcical double seasonal GDP adjustments have shown, is that if the government is intent on putting lipstick on the pig that is US GDP, it will do […]