Oil sends a shudder through the world economy. Japan goes for broke (probably literally) with the Japanese citizenry on board. China fears being sucked into a debasement black hole. Europe clings. We watch.
You know how this goes. The economy slows down and the authorities just introduce some more “stimulus.”
Where does this “stimulus” come from? Who cares!
The stimulus duct tape is so thick around the world economy at this point, things have been “patched” over so many times, it’s hard to remember what the world economic engine is actually supposed to look like.
6 Years ago while watching a video of Ron Paul on Youtube and while reading a fairly sophisticated debate below the video on the nuances of Austrian economic theory I was hit with a bolt of lightning. Social media was about to revolutionize everything. I soon founded a tiny company which specializes in developing social media strategies.
But just 6 short years ago social media was still a fairly tough sell to businesses. It’s hard to imagine but just a few years ago Twitter, Facebook, Youtube, Pintrest, Instagram, and the rest generally weren’t seen as important to almost anyone in the non-tech business world. There was some understanding of social media’s power, but most couldn’t see how vital it would become for pretty much everything. Just 6 years ago.
Fast forward to today and now everyone sees social media’s power including the enemies of information exchange. In the attached article The New York Times examines one such enemy, China’s social media commissar, Lu Wei, and he is not playing around.
Another good one from Charles Hugh Smith.
I wouldn’t say that we’ve ever totally had classical capitalism and truly free prices, but we have been light years closer to them than we are now.
Charles Hugh-Smith writes of the dimming of the “Chinese Dream.” Introducing the “Ant Tribe.”
Many of these fees came to Mr. Clinton while Mrs. Clinton was Secretary of State, which as they say raises some eyebrows, or at least should.
These recent stories (from The Alliance for Natural Health-USA) are just a small part of the total story of the alliance between government and the drug companies (Pharma).
The locals voted the project down twice. But somebody at the Department of Energy really wants this deal to go down.