The bloodshed on May 14th started after tens of thousands of people descended on the barrier that separates Gaza from Israel. It was the latest of six weeks of weekly protests known as the “Great Return March”, nominally an effort to reclaim the lands their grandparents fled or were pushed out from during the creation of Israel. It also coincided with the contentious relocation of America’s embassy in Israel from Tel Aviv to Jerusalem, which Palestinians regard as yet another injustice.
It’s important to remember that until very recently Italy’s short-term government paper traded with negative yields. That is, if you wanted to lend them money you had to pay them rather than the other way around. This was largely because everyone assumed that the European Central Bank would give Italy effectively unlimited amounts of credit to ensure that it stuck around and played nice.
Tech companies are coming up with ever more bizarre and intrusive ways to monitor workforces. Last week the Times reported that some Chinese companies are using sensors in helmets and hats to scan workers’ brainwaves and detect fatigue, stress and even emotions such as anger. It added that one electrical company uses brainwave scans to decide how many breaks workers get, and for how long. The technology is used on high-speed train drivers to “detect fatigue and attention loss”. While this sort of technology may have legitimate safety applications – a similar project was carried out with Crossrail workers using wristbands that sensed fatigue – it’s not hard to see how it could creep into other areas.
Murray closed by adding a very brief comment of his own: “There is no room to doubt the evil nature of the expansionist apartheid state that Israel has now become. Nor the moral vacuity of its apologists in the western media.” Since this was, of course, a damning statement about mainstream ‘news’ media in The West, these mainstream ‘news’ media, including Facebook, can be expected to dislike that — and they evidently do.
It has become a normal everyday occurrence to see people, of all ages and walks of life, constantly staring at screens. Cell phones, laptops, and tablets have taken precedence over actual human interaction. While shopping in grocery stores and malls, eating in restaurants, and even while enjoying a late afternoon stroll in a park, you can count more people staring a screen than not. Is this digital fascination dumbing down the nation? And if so, how do we correct the decline in human interaction and reserve the addictive, and often times negative, thought processes the internet allures to. Can we unite as a solid union to ensure that we successfully protect the next generation and our families and friends from this “dumbing down?” Is there an inevitable doom? Are there consequences for falling victim to the internet addiction? Could a digital diet teach a few valuable lessons to both the young and the old?
After observing a given technology’s effect on outside society, Wetmore explains, each Amish community can vote on whether to accept or reject it. If a person is seriously ill, checking into a hospital is acceptable. So is accepting a ride in a Ford F-150. But the Amish refuse to own television or automobiles because they’ve decided those technologies erode their community and neighborliness.
We do something similar in economics when we look back at past recessions and market crashes. The causes seem obvious and we wonder why people didn’t see it at the time. In fact, some people usually did see it at the time, but excessive exuberance by the crowds and willful ignorance among the powerful drowned out their warnings. I’ve been in that position myself and it is quite frustrating.
The legislation also significantly broadens the definition of “critical infrastructure” to include pipelines as well as “any site where the construction or improvement of any facility or structure.” As a result, any protester could be sent to prison for simply taking part in a rally at a pipeline construction site.
Adding to an already dire picture, overnight rumors emerged that the government will seize foreign currency deposits although Turkey’s banking regulator chief Mehmet Ali Akben said such speculation is “absurd,” Sabah newspaper reported. “Such a decision is neither discussed or a work has been done on it” he said noting that banks’ rollover ratio is around 110%, and adding that they have no problem in foreign borrowing (“for now” he forgot to add).
Other companies have also been building electric car charging stations, which would naturally motivate Tesla to rush to keep its advantage by securing more locations for its own charging facilities. Also, as Musk said early this month, other carmakers are free to make their electric cars compatible with the Supercharger standard so they can use the stations—as long as they pay for it, of course.
Dollar Up – Bonds Break – Martin Armstrong (yogmonster)
So, where does Armstrong see big trouble brewing? Look no further than the bond market. Armstrong explains, “The bond market is going down. . . . We’ve already started into it. . . .You have to understand both Japan and Europe have destroyed their bond markets. They have completely and utterly destroyed them. They are the buyers. That’s it. There is no pension fund that can buy 10-year paper at 1.3% when they need 8% to break even. They are locking in a 10 year loss. They can’t do it.
Physical problems in the body don’t always create pain in our minds, for reasons scientists don’t quite understand. Many people with herniated spinal discs (a common explanation for lower back pain) often have no pain at all. “It’s not that the biological, anatomic reasons are not important, but they’re just one part of the picture,” Chou says. Similarly, around 85 percent of people with lower back pain have nothing diagnosably wrong with them.
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