Daily Digest

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Daily Digest 5/21 - Train Crash Preview, Is Your Boss Watching You?

Monday, May 21, 2018, 9:46 AM

Economy

Deadly protests on Gaza’s border with Israel (tmn)

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.

Italy: An Anti-Euro Government Takes Power In the Heart Of The Eurozone (yogmonster)

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.

Employers are monitoring computers, toilet breaks – even emotions. Is your boss watching you? (Sparky1)

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.

Top UK Journalist Craig Murray Blocked by Facebook After Criticizing Israel (yogmonster)

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.

The dumbing down of society - the constant urge to be plugged in (Uncletommy)

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?

The Amish understand a life-changing truth about technology the rest of us don’t (blackeagle)

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.

Thoughts From The Frontline: Train Crash Preview (Nate)

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.

DAPL-style protesters could face jail under new 'critical infrastructure' protection laws (Alex M.)

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.

"God Help Turkey": FX Confiscation Rumors Launch Lira Meltdown As Yields Explode (yogmonster)

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).

Musk: Thousands Of Supercharger Stations Under Construction (Michael S.)

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.

100 million Americans have chronic pain. Very few use one of the best tools to treat it. (tmn)

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.

Gold & Silver

Click to read the PM Daily Market Commentary: 5/18/18

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."

5 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4192
'Greek-like crisis' fears hang over Italy's markets as populists

'Greek-like crisis' fears hang over Italy's markets as populists ready ...

MarketWatch-1 hour ago
... moving one step closer to forming a government that analysts fear could plunge the country into a sovereign debt crisis and threaten the future of the eurozone ...

Malaysia's US$251 billion debt, millions more looted – and new PM ...

South China Morning Post-4 hours ago
Malaysia is saddled with over 1 trillion ringgit (US$251.70 billion) in debt, Prime Minister Mahathir Mohamad said on Monday, blaming the previous government ...

Japan's social benefit costs to balloon 50% by fiscal 2040

The Japan Times-3 hours ago
The costs, which include pensions and health care coverage and are to be primarily funded by the government and insurance fees, are expected to balloon from ...

'Immune broth': California tests food as medicine
Santa Fe New Mexican-18 hours ago

jeaninedargis's picture
jeaninedargis
Status: Bronze Member (Offline)
Joined: Jul 13 2009
Posts: 30
Healing Back Pain

I have firsthand experience with healing my (apparently psychological) back pain and severe sciatica - for years I had on-and-off intense lower back/leg pain that several doctors diagnosed as a slightly herniated disc (which are "normal for someone of my age," thanks doc. I'm 34 btw). No treatments ever really helped, most did nothing but some seemingly made it worse. Chiropractic adjustments, physical therapy, special pillows for the car, for my desk and for bed, back braces, anti-inflammatories, et cetera. Never touched any serious painkillers but I could 100% see how someone could get hooked on them to dull the pain. It got significantly worse last year, when a work colleague recommended the book Healing Back Pain with the caveat that I had to be "ready to accept some weird ideas." I would say it took about 3 months after reading the book and working hard to change my thought patterns but my pain is now completely gone. It's pretty amazing how much one's own thoughts and feelings can affect the body physically, and how little doctors really know about the mind-body connection. 10/10 would recommend the book to anyone who is experiencing chronic pain of any kind, not just back pain.

thc0655's picture
thc0655
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Posts: 1652
Lifeboat ethics (fighting over immigration in Sweden)

Coming soon to a country near you?

https://gatesofvienna.net/2018/05/sweden-the-death-of-a-nation/

Like a drunk the morning after a magnificent binge, Sweden is slowly waking up to the grim reality of the past few decades as a humanitarian superpower and the hangover is going to be of monstrous proportions.

The Swedes were a privileged people. Their hard-working Lutheran forefathers handed over to their keeping a wealthy, modern, homogeneous and well-functioning Scandinavian nation with one of the highest standards of living in the world. Their future was secured; they had all a people could wish for. And they completely squandered it.

The damage recent generations of Swedes have wreaked on their own country is almost beyond comprehension. Coming generations of Swedes will inherit a country in shambles and struggling with insurmountable problems. Ghettos, crime, segregation and ethnic strife are now the hallmarks of the once progressive nation. And perhaps the worst thing of all for the grandchildren of today’s Swedes: in the second half of this century they will in all likelihood be just one competing minority amongst many in what was once their own country. It will be a country no previous generations of Swedes would recognize — poor, shabby, Middle Eastern and African in appearance and dominated by Islam.

What went wrong for the Swedes was they became infected by what author Tom Wolfe called “radical chic”, revolutionary romanticism. The 1960s generation of spoiled middle-class rebels in their Che Guevara T-shirts completed their degrees in social sciences and feminist studies and went on to careers in politics, education and the civil service. Many of them went into media and journalism. Their solidarity with the oppressed of the third world knew no bounds, and from their positions of power and influence they could put their revolutionary romanticism into practice.

VeganDB12's picture
VeganDB12
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Joined: Jul 18 2008
Posts: 746
duplicate

duplicate

VeganDB12's picture
VeganDB12
Status: Platinum Member (Offline)
Joined: Jul 18 2008
Posts: 746
a very wise book

The author John Sarno is a medical doctor at a major medical center and used to be kind of a rock star in his field.  By my reading, his principles are based on physical manifestations of psychological distess (often unconscious) and his treatment is to read his reasonably priced book and apply the principles.  He makes a good point about how symptoms and imaging studies often don't correlate a nd that you can have a nasty looking xray with no pain or a minimal disc and a lot of pain.  I have read his book twice and it is very good. Much better than opiates and though no good for all is very good for many imho.

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