Even Jean-Luc Mélenchon, the far-left candidate who ran under a movement called La France Insoumise, or “Unsubmissive France,” had his strongest performance to date. Though his last-minute surge in the polls wasn’t enough to propel him to the second round, he still managed to claim 19.5 percent of the vote, far surpassing the 11 percent he won during his first presidential bid in 2012.
A Concerning Chinese Revolution (Tiffany D.)
Chinese workers are dealing with that concern — in fact, it’s no surprise that they fear being replaced by machines more than any other group. About 80% of Chinese workers polled by the ADP Research Institute earlier this year believed that tech would replace jobs requiring repetitive work. That handily beat the 12 other countries where polling took place.
This trend is irreversible as far as I can tell. That’s because it’s tied to innovation. As our country became more interconnected with roads and Americans gained more mobility, we chose to move to like-minded places. We’re given the internet, the greatest source of information in human history, and we use it to seek out only the information that reinforces our current beliefs.
We’re self-sorting at every level. Because of this, Americans are only going to grow more extreme in their beliefs, and see people on the other side of the political spectrum as more alien.
Mexico’s Revenge (Jen H.)
In August, Peña Nieto invited Trump to Mexico City, based on the then-contrarian notion that Trump might actually become president. Instead of branding Trump a toxic threat to Mexico’s well-being, he lavished the Republican nominee with legitimacy. Peña Nieto paid a severe, perhaps mortal, reputational cost for his magnanimity. Before the meeting, former President Vicente Fox had warned Peña Nieto that if he went soft on Trump, history would remember him as a “traitor.” In the months following the meeting, his approval rating plummeted, falling as low as 12 percent in one poll—which put his popularity on par with Trump’s own popularity among Mexicans. The political lesson was clear enough: No Mexican leader could abide Trump’s imprecations and hope to thrive.
But, we shan’t worry about that if our focus in life is to upgrade to the next I-phone or switch the U.S. Interstate Highway from running on oil to stylish electric cars manufactured by Tesla. For those who are enamored by the wonderful “High-tech” stuff going on at Tesla Motors, please read the following article by Wolfstreet, What Tesla’s “Inexplicable” “Ponzi Scheme” Valuation Says about the Stock Market…
I don’t believe people really understand just how bad things will get as the financial markets finally roll over for the LAST TIME. Analysts such as Peter Schiff (who I respect), look at the ills of the economy and market based on incorrect use of Central Bank monetary rigging and the debt. Peter Schiff has no idea that the markets will never recover, even if gold was used to back our currency. This sort of analysis omits energy from the equation.
In the utility and energy sectors, the public will benefit if deregulation lifts burdens on business that do not produce commensurate benefits to the public. The resulting savings, if any, can be passed on to consumers in the form of lower prices. On the other hand, these new savings can be used to expand the business and hire more employees. That’s the theory anyway.
Projecting the effect of sea-level rise on a specific location typically involves recondite computer models and calculations; Burrito Justice was just a fascinated hobbyist, futzing around on his laptop in his backyard. His entire premise was unscientific; for now, it is unthinkable that seas will rise so high so quickly. Even as most credible scientific estimates keep increasing and the poles melt faster than imagined, those estimates currently reach only between six and eight feet by the year 2100.
Gold & Silver
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