In honor of the Donald’s “Mother of All Bomb” (MOAB) attack on the Hindu Kush mountains Thursday, let me introduce MOAD. I’m referring to the “Mother of All Debt” crises, of course. The opening round is coming when Washington goes into shutdown mode on April 28, which happens to be Day 100 of the Donald’s […]
IRS Seized Millions of Dollars from Innocent Citizens Because It Was Easier Than Going After Crooks…
A report from Treasury’s Inspector General found that the IRS misused a law aimed at cracking down on organized crime and terrorism to target innocent individuals and businesses. Agents adopted a policy of seizing cash before investigating for other wrongdoing because it was just easier to seize the money of innocent people than hardened criminals […]
London Is Crowned Global Finance King…
London has kept its crown as the world’s top financial centre in a big boost for Britain following the Brexit vote. The capital once again pipped New York to the number one spot in the twice-yearly Global Financial Centres Index, despite concerns about the impact of leaving the European Union on the City. The report […]
Populism Is the Result of Global Economic Failure…
The rise of populism has rattled the global political establishment. Brexit came as a shock, as did the victory of Donald Trump. Much head-scratching has resulted as leaders seek to work out why large chunks of their electorates are so cross. The answer seems pretty simple. Populism is the result of economic failure. The 10 […]
McCain: ‘New World Order Under Enormous Strain…
Uber Issues Nationwide Suspension of Self-Driving Cars…
Uber has suspended its multi-state testing program for autonomous vehicles after one of its self-driving Volvos flipped up on its side after an accident. It was only the latest bad news for Uber. Breitbart News reported a week earlier that the public relations turmoil surrounding Uber Technologies Inc. reached new heights when company president Jeff […]
There Is a Simple Way to Improve the World’s Food Systems…
In recent decades, the international community has made impressive strides against hunger and undernourishment, as amply evidenced by the data from the United Nations (UN) Millennium Development Goals (MDGs). Between 1990 and 2014, for example, the proportion of undernourished people in the world dropped from over 23 per cent to under 13 per cent, remarkable […]
Northern California Snowmelt Crisis as Temps Rise into 70s…
Northern California will face a new flood crisis for Oroville Dam and Shasta Dam, as 10 days of up to 75 degree weather will spark an early spring snowmelt. With the National Oceanic and Atmospheric Administration (NOAA) rating over 90 percent of California as experiencing an “Extreme Water Year,” the media are welcoming sunny skies […]
A $500B Pot of Gold: How Boston Consulting and Google Pushed Modi to End the Era of Cash…
Boston Consulting Group (BCG), the omnipresent US-consulting company, and Google, the global data miner, issued a joint report in July 2016 on the “$500 bn Pot of Gold”, which is the Indian digital payment market. Even though the authors deny it, the report gives much reason to suspect that the authors knew that something radical […]
What’s Really Behind the Rise of the Cashless Economy? (VIDEO)…
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