Tuesday , 12 December 2017


Economy

A MAJOR Political & Financial Upheaval/Revolution Is Underway

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Today, we’re seeing the greatest political polarization since the Civil War, a debt and financial asset bubble that makes the Roaring 20s look like child’s play, and income inequality greater than that experienced in 1929 and the discovery of a rare convergence of three-long term cycles points to a revolution - a true revolution.

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Bitcoin Has Smashed Through the $7,000 Mark – What Does Its Future Hold?

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The upward momentum that we are witnessing at the moment in Bitcoin is certainly not sustainable indefinitely. Anything that goes up that fast is eventually going to come down, and those that invest at $7,000 could end up seeing the price fall back several thousand dollars or, conversely, the euphoria surrounding Bitcoin could propel it through the $10,000 mark and make all of the skeptics look like idiots.

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A Return to the Gold Standard Has Major Shortcomings – Here’s Why

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World Bank president Robert Zoellick has stirred up a hornet's nest with his recent call for a return to a gold anchor in the global financial system. The usual suspects immediately denounced him - Keynesian Brad DeLong has [gone so far as to] anoint Zoellick the "Stupidest Man Alive" - [and I would like to add my voice to the chorus by explaining] the dangers of Zoellick's gold proposal, and why fans of the classical gold standard should be wary. Words: 1708

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Congress Needs To Cut Taxes In Order to Boost Revenues & Stimulate the Economy – Quickly! Here’s Why

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It's pandering season again, with politicians and journalists wringing their hands about how cutting taxes will be a windfall to the rich and result in higher deficits. The truth, however, is that by NOT cutting taxes the federal government is losing money and the economy is suffering from sluggish growth. Cutting taxes would almost surely result in a significant boost in revenues and stronger growth.

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NO ONE IS INTERESTED IN THE TRUTH – HERE IT IS!

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Today everything must be dumbed down to the lowest common denominator of readers or viewers... Any news must be superficial and short. Most content must have an entertainment or gossip value. All serious matters are either left out or covered very briefly. We are now in the age of instant gratification. Viewers’ interest can only be kept by short superficial language, lots of big images and constant change of focus. No one is really interested in the truth but, nevertheless, here it is!

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