Investing in precious metals 101
  • Daily Digest
    Image by John Bunting, Flickr Creative Commons

    Daily Digest 3/11 – Yellow Vests Fan Flames Of Anti-Semitism, How To Prepare For A Dying Future

    by DailyDigest

    Monday, March 11, 2019, 7:24 AM


Yellow Vest protesters fan flames of anti-Semitism in France (Sparky1)

“Gilets Jaunes, Colere Noir” is a popular slogan among the leaderless movement, meaning “Yellow Vests, Black Rage.” For almost four months it’s this rage that has poured out along the Champs Elysees, shattering shop windows, leaving police officers wounded and symbolically knocking the Marianne, a national figure who embodies the French Republic, off her perch.

Hundreds march in Paris as childminders join ‘yellow vest’ protests (Sparky1)

What started out last November as a backlash against Macron’s plan to hike fuel taxes — part of his bid to push a cleaner energy model — has morphed into a broader movement decrying the government as out of touch with the hardships faced by some households and low-income workers.

Tax collectors chase rich New Yorkers moving to low-tax states. Auditors inspect cell records, even your dog’s vet bills (Yoxa)

More than half of those who were audited lost their cases, and the average collected by New York State between 2015 and 2017 was $144,270 per audit, Monaeo said. In addition to the traditional audit methods the state uses to make sure a taxpayer isn’t gaming the system — like checking taxpayer’s credit card bills and travel schedules — New York officials are using a whole new set of high-tech tools, including tracking cellphone records, social media feeds, and veterinary and dentist records. Auditors are even conducting in-home inspections to look inside taxpayers’ refrigerators.

They’re still in the dark in Venezuela, and it’s really ugly (Thomas R.)

And coincidence of coincidences, it comes just as dictator Nicolas Maduro is under fire from millions and millions of Venezuelans to get out and allow acting president Juan Guaidó, who’s there through democratic mechanisms, to take over. Guaidó returned to the country last week without much fuss and says he’s calling for protests, and now the blackout has followed.

How To Prepare For A Dying Future (James W.)

Over the last few years I have covered, on this blog, the rise of populist politics across the developed world, the growing risk of resource scarcity, the impact of a changing climate and the cultural and economic impact of demographic shifts and how these various dynamics will interact in the coming decades.

Economic Charlatans of Modern Money (Wilson S.)

Secular stagnation of the US economy (Summers, 2015) and wealth inequality (Piketty, 2014) have brought out charlatans with their snake oil cures. Their solution is the old chestnut of socialism, where full employment and wealth equality are guaranteed for all. Socialism is now openly “revived” in the US, where most do not recognize that already there have been decades of creeping socialism which most people have mistaken for capitalism.

Myth-busting the European dream (Afridev)

For many years, European citizens have intuitively opposed unaccountability, a lack of political transparency, corporate welfarism, and an economically punishing globalist agenda.

But as people across the European Union wake up to EU leaders’ lies about the underlying economic problems, how do we begin to talk constructively about the falsehoods and the power imbalances that continue to hobble Europe?

Thousands of Russians protest against internet restrictions (TS)

“If we do nothing it will get worse. The authorities will keep following their own way and the point of no return will be passed”, said 28-year-old protester Dmitry, who declined to give his full name.

Opposition activists said on Twitter that police had detained 15 people at the Moscow rally, confiscating their banners and balloons. Police have not announced any detentions.

Wanted: More pastures for West’s overpopulated wild horses (Adam)

The pastured horses typically are left on their own with little human intervention. Still, they require continuous water and basic shelter from the elements, such as trees or a canyon; supplemental forage; and corrals for loading and unloading from trailers.

Regenerative agriculture finds solid backing as decades of success show renewal (Henry H.)

“I guess in the past, we were trying to run fixed enterprises in an incredibly variable climate and you can do that, but a lot of the time you’re going to be spending a lot of money [on feed],” Mr Marsh said.

Like Charlie Arnott he matches his livestock numbers to the amount of feed he has.

Gold & Silver

Click to read the PM Weekly Market Commentary

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”

Related content
» More

One Comment

  • Mon, Mar 11, 2019 - 7:38pm



    Status Bronze Member (Offline)

    Joined: May 03 2014

    Posts: 524

    NGD, MMT. . . Talk is cheap!

    It is becoming abundanty clear that the current discussions on pulling ourselves out of the quagmire of MSM, political gerrymandering, vested interest web forums and chat rooms dedicated to personal edification is not the answer to our present societal difficulties. Reviewing the important tenets of a successful transition to sane and rational discussion, the following should be remembered:

    1)  quality of opportunities is capitalism, whereas equality of outcomes is socialism.
    2)  Money isn’t considered capital because money merely facilitates trade and doesn’t hold intrinsic value
    3)  Capital holds value because it is productive; for example, a tractor is a capital good because it plows fields. A field cannot be plowed with a $5 bill, so money itself cannot be used for productive means.
    4)  Calling something “capital” indicates that it is a means of production

    When we expect somebody else to do the work, invest the time, and honor the obligations of a well functioning economy, we set ourselves up for disappointment. All solutions start with somebody’s hands and a better idea that deliver results. Does anymore need to be said?

    Login or Register to post comments

Login or Register to post comments