Economy and Politics

Political Polarization-The dangerous ideology that is dividing America

Political Polarization is here to stay (at least for a while) This is the primary emotion being used to manipulate the masses; we first addressed this emotion after the Trump Victory. Top players employ polarization to divide and conquer the masses. And its working marvellously. This trend is gaining momentum, and the recent victory in … Read more

Bank of Japan keeps stimulus intact

The Bank of Japan’s policy meeting ended Thursday with no change to its injections of trillions of yen (hundreds of billions of dollars) into the economy each year through government bond purchases. The BOJ said in a statement that it forecasts inflation at 1.1 percent in 2017, below its 2 percent target and also its … Read more

South Africa Inflation Inches Lower

With a slight move lower in consumer price data released Wednesday, the South African Reserve Bank (SARB) is likely to reduce its policy interest rate Thursday, Societe Generale says. SocGen Analyst Phoenix Kalen writes: ” … the reserve bank’s prudently hawkish rhetoric [has been] espoused over many previous rate-setting meetings. However, we believe the balance … Read more

Does China’s new CH-5 Rainbow drone leave US Reaper in the dust

China’s CH-5 Rainbow drone more lethal than US Reaper and its also a lot cheaper China’s CH-5 Rainbow drone more lethal than US Reaper China has unveiled its deadliest drone so far, with the maker of the unmanned vehicle, which can carry up to 16 missiles, boasting that it would leave the US’s notorious Reaper … Read more

Your Bank Is Lying to You: What’s Your Next Move

Your Bank Is Lying to You; stand up and fight or let the abuse continue  Your Bank Is Lying to You and its time to take a stand If you don’t trust your bank, you’re in good company. With financial regulations unravelling, and in the wake of several shocking banking scandals, it’s remarkable we haven’t … Read more

Deadly border battles between nuclear rivals India and Pakistan

Recent clashes between neighboring rivals India and Pakistan have turned fatal, according to the Pakistani military, which said it has killed a number of Indian soldiers Saturday in a cross-border revenge attack in Kashmir. In response to the Indian military allegedly opening fire Friday and wounding two Pakistani civilians in the sector of Nezapir, a … Read more

Hungary’s leader States Soros criticism is a declaration of war

BUDAPEST, Hungary (AP) — Hungary’s prime minister said Friday that harsh criticism by billionaire George Soros is a “declaration of war.” Soros has accused Prime Minister Viktor Orban of running a corrupt “mafia state.” Orban alleged that the Hungarian-American investor was paying “agent-like networks” of non-governmental organizations to enforce his policies, including the promotion of … Read more

Serbain Opposition MP mistakenly tweets link to porn movie

Seems like politicians in Serbia like to watch porn while they work. Perhaps they are off the mind that this strategy improves efficiency.  Dusan Palovic,  whose a member of the Serbian National Assembly posted a message on his tweeter account about the state budget bill for 2019. However, he also posted a link to the … Read more

Is American Retail at a Historic Tipping Point?

Today, some of the most sought-after real estate by retailers is not in SoHo, but five miles away in Red Hook, a gritty Brooklyn enclave with a shipbuilding past. E-commerce merchants are vying to lease part of a huge warehouse space, spanning 11 acres, that would allow them to deliver goods the same day they’re … Read more

Stock market will rise 50 percent, esteemed economist says

It’s not very often that a Nobel Prize-winning economist who is known for his bearish calls turns extremely bullish. Last week, professor Robert Shiller of Yale, who called the housing collapse 10 years ago, proclaimed that stocks could rise another 50 percent in the next few years based upon his latest research. Meaning Dow 30,000! … Read more