Financial Repression Is Now "In Play" (reflector)
As our western society continues to consume more than it produces, productivity is not increasing at the rate that justifies the developed nations standard of living as well as the current levels of equity markets. A possible corrective draw-down to the degree shown in this chart is simply “out of the question”! The central bankers acutely aware of this.
But Pal does have some prominent company: Savita Subramanian, Bank of America’s head of equity strategy, recently predicted the same; Janus Capital’s Bill Gross spoke of a lagging U.S. recovery in his September investment note; and bond investor Jeffrey Gundlach showed a chart during a recent webcast that revealed the start of a recession. And Wilbur Ross sees one coming in 18 months.
How Putin Won Crimea And Lost Ukraine (jdargis)
How would you describe the divisions in Ukraine? From a distance it seems like an unusually divided country, in terms of politics, language, etc.
It is and it isn’t. A large number of Ukrainians, probably the majority of Ukrainians, are bilingual, so they would speak Russian and Ukrainian. Especially in the villages and the countryside, there’s a mishmash language which is a combination of the two. Often what happens is that you’ve got people who identify themselves as Ukrainian and speak Ukrainian, and then people who identify themselves as Russian and speak Russian.
The Clinton camp disagrees that whatever happened in Honduras is on the same level as what Russia is up to. “There’s simply no equivalency here,” said Clinton spokesperson Jesse Lehrich. Which is true: the U.S. has meddled in far more foreign elections than vice versa.
The U.S. penchant for meddling in Latin American politics is something Sanders and Clinton disagreed sharply about in a March debate. “I think the United States should be working with governments around the world, not get involved in regime change,” Sanders said. “And all of these actions, by the way, in Latin America, brought forth a lot of very strong anti-American sentiments.”
The added revenue will go toward repairing the state’s ailing infrastructure and refilling the Transportation Trust Fund, whose depletion had led the governor to order the emergency shutdown of hundreds of projects to improve roads, bridges and rails.
Vladimir Putin has mentioned how eager Russia is to work with OPEC on their oil production freeze. Other Russian leaders, however, weren’t as stoked. Igor Sechin, Vice-Chairman of the Board of Directors for state-owned oil company Rosneft and close ally of Putin’s, shared a different opinion. At the WEC, he questioned why Russia should participate and potentially detriment from the deal. On October 7th, Energy Minister Alexander Novak also opposed the notion that this deal will succeed. The lack of agreement from the leading nation in energy exports shows there’s still much to discuss.
No gas? No problem.
Vanessa said in a recent interview that Max was 'exposing' who was 'dangerous in the world of government [and] the entertainment world.'
He lived in America for a few years, but had returned to the city to stay with his mother, before jetting off to Poland.
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