Daily Digest

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Daily Digest 1/31 - Investors Waking Up To Climate Risk, The Box That Built The Modern World

Sunday, January 31, 2016, 8:58 AM

Economy

E Dollar Concept is Being Pursued by The BOE, PBOC, and Yes, The Fed (Brandon)

I am no fan of this plan since it maintains the unbreakable covenant of shifting monetary systems of the last century, the banks and government gain power, but this is is precisely why such a concept has a following sea. Still when initially writing about the E Dollar I saw the possibility of it coming to fruition as pretty slim. After a string of recent events that possibility has increased exponentially.

Bernie Sanders and Donald Trump Voters Share Anger, but Direct It Differently (jdargis)

“He stands for everything I believe in,” said Alex Curtis, 19, who traveled six hours from Nebraska to hear Mr. Sanders speak last Sunday in Fayette, Iowa. “He’s going to restore the American dream and bring class mobility.”

Said Toby Richards, 50, a farmer from Knoxville, Iowa: “It’s so refreshing to have someone who’s not being bought, and Trump’s not being bought. What he says now can’t be swayed by money.”

Where The Bullets Go (jdargis)

Since 2013, Kathy Shorr has been traveling the U.S. photographing survivors of gun violence. Some of them were injured in mass shootings, others by their spouses, and still others by accident. But Shorr wanted to share more than images, she also wanted to share their stories. That's why subjects were asked to describe how they were wounded—and photographed in the place they were shot.

The Box That Built The Modern World (jdargis)

More than any other single innovation, the shipping container—there are millions out there, all just like the ones stacked on the Hong Kong Express but for a coat of paint and a serial number—epitomizes the enormity, sophistication, and importance of our modern transportation system. Invisible to most people, they’re fundamental to how practically everything in our consumer-driven lives works.

Put A Solar Panel On It (jdargis)

Despite the low profile of its buildings and its brand, Prologis is a big-time company. It’s the world’s largest owner and operator of warehouses, with a portfolio of thousands of nondescript one- and two-story buildings around the world. Boasting 700 million square feet of space (about 25 square miles) in 21 countries, it has a market capitalization of more than $20 billion. Thanks to emerging trends in the production and regulation of renewables, Prologis has figured out how to turn the ultimate waste of space—the flat roof of a warehouse—into an emissions-reducing, money-producing power plant.

New Weapon to Fight Zika: The Mosquito (jdargis)

Women are being advised to not get pregnant and to avoid infested areas if pregnant, since the virus is strongly suspected of causing babies to be born with abnormally small heads and damaged brains.

From fad to fixture: how investors are waking up to climate risk (Uncletommy)

After the Deepwater Horizon rig exploded April 20, 2010, triggering the worst oil spill in U.S. history, BP PLC swiftly lost half its market value: In two months, the share price plunged from more than £600 to just above £300.

In October, BlackRock said "sustainable investing is not a passing fad." It deemed climate change an inevitable "regulatory risk" and is undergoing a global effort to incorporate environmental risk assessments into its investment strategy.

Meet the Woman Scaling Up Organics in the Deep South (jdargis)

“There are more challenges to growing organically in the south,” says Rolls, noting that the prolonged humidity of southern summers spawns fungal diseases and insect invasions on a scale that growers in places with a dry Mediterranean climate—like California—can’t imagine. “But we have a lot of potential,” she adds, “and if we don’t push that system, we’re losing opportunities here.”

Gold & Silver

Click to read the PM Daily Market Commentary: 1/29/16

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."

18 Comments

Time2help's picture
Time2help
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csul's picture
csul
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Zika - another perspective

cui bono.  More disaster capitalism.  Fortunes to be made.  Check out this article about how the Zika outbreak has actually gotten much worse exactly where the GE mosquitos are being released. 

http://www.healthfreedoms.org/zika-outbreak-epicenter-in-same-area-where...

pinecarr's picture
pinecarr
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A couple of good podcasts (Ellen Brown, Michael Maloney)

I checked-out the Jay Taylor Media site this morning, looking for a podcast to listen to while doing other things at home, and found a couple of good ones @ http://jaytaylormedia.com/audio/

  • Under the headline "Get out of the Banking System ASAP!", posted Jan 29, 2015, is a great (as always) interview with Ellen Brown, author of "The Web of Debt".  As a side note on this one, one thing Ellen talks about is having gotten into research in alternative medicines at one point, and their experience with big $ in medicine working to suppress that (and other) research in alternative cures.  Very interesting.  It turns out she co-authored a book on alternative medicine with Dr. Lynn Paige Walker, that is available on Amazon: "Natures Pharmacy: Break the Drug Cycle With Safe Natural Alternative Treatments for 200 Everyday Ailments" published in 1998.  Heads-up: If you are interested, it looks like you can only buy it new or used through other sellers (I tried to buy 2 copies from the Prime website, and they only had 1 copy available).
  • Under the headline of "The Greatest Crisis in the History of Mankind is here!" posted Jan 19, 2016, is another great (as always) interview with Michael Maloney, author of "The  Hidden Secrets of Money".  One thing that got my attention is that Mike talks about selling gold jewelry at his site, and how they are setting it up so that they will also buy it back from you when you want to sell.  An advantage he sites of gold jewelry -and I hope I've captured this right- is that you can cross borders without having to declare it as a monetary asset. 

Enjoy!

KugsCheese's picture
KugsCheese
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Zika Virus - GM Mosquitoes Danger
csul wrote:

cui bono.  More disaster capitalism.  Fortunes to be made.  Check out this article about how the Zika outbreak has actually gotten much worse exactly where the GE mosquitos are being released. 

http://www.healthfreedoms.org/zika-outbreak-epicenter-in-same-area-where...

I did not know until now there were GM mosquitoes.   The risk for ruining our Earth has spiked!   But TPTB similar to Financial Crisis are saying more GM mosquitoes are needed "we didn't do enough!".

KugsCheese's picture
KugsCheese
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Posts: 1429
pinecarr wrote: I checked-out
pinecarr wrote:

I checked-out the Jay Taylor Media site this morning, looking for a podcast to listen to while doing other things at home, and found a couple of good ones @ http://jaytaylormedia.com/audio/

  • Under the headline "Get out of the Banking System ASAP!", posted Jan 29, 2015, is a great (as always) interview with Ellen Brown, author of "The Web of Debt".  As a side note on this one, one thing Ellen talks about is having gotten into research in alternative medicines at one point, and their experience with big $ in medicine working to suppress that (and other) research in alternative cures.  Very interesting.  It turns out she co-authored a book on alternative medicine with Dr. Lynn Paige Walker, that is available on Amazon: "Natures Pharmacy: Break the Drug Cycle With Safe Natural Alternative Treatments for 200 Everyday Ailments" published in 1998.  Heads-up: If you are interested, it looks like you can only buy it new or used through other sellers (I tried to buy 2 copies from the Prime website, and they only had 1 copy available).
  • Under the headline of "The Greatest Crisis in the History of Mankind is here!" posted Jan 19, 2016, is another great (as always) interview with Michael Maloney, author of "The  Hidden Secrets of Money".  One thing that got my attention is that Mike talks about selling gold jewelry at his site, and how they are setting it up so that they will also buy it back from you when you want to sell.  An advantage he sites of gold jewelry -and I hope I've captured this right- is that you can cross borders without having to declare it as a monetary asset. 

Enjoy!

Just create modern art with gold bars etc and claim stationary jewelry.  

sand_puppy's picture
sand_puppy
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Bloomberg call for a ban on cash

from zh about 10 minutes ago

So It Begins: Bloomberg Op-Ed Calls For An End Of Cash

In a moment of curious serendipity, a little over 90 minutes after we showed what a dystopian, centrally-planned, cashless society unleashed in a negative interest rate world would look like ("by forcing people and companies to convert their paper money into bank deposits, the hope is that they can be persuaded (coerced?) to spend that money rather than save it because those deposits will carry considerable costs"), and briefly after we laid out the countless recent warnings from "very serious people" that cash is evil and should be banned:

... while warning to await a full-on coopted media assault about the dangers of cash "which is an anacrhonysm from a bygone era, and that the world will be so much better if only everyone dutifully exchanges the physical currency in their pocket for digital, traceable, and deletable 1s and 0s", none other than Bloomberg issued an editorial Op-Ed in which it had one simple message: "Bring On the Cashless Future."

 

Time2help's picture
Time2help
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SP, check out the comments section
sand_puppy wrote:

Cash "which is an anacrhonysm from a bygone era, and that the world will be so much better if only everyone dutifully exchanges the physical currency in their pocket for digital, traceable, and deletable 1s and 0s", none other than Bloomberg issued an editorial Op-Ed in which it had one simple message: "Bring On the Cashless Future."

You should read the comments section on the Bloomberg Op Ed (Bloomberg site). Almost reads like the hedge...

Time2help's picture
Time2help
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Friggin' DP

Thanks guys.

Capt Debtcrash's picture
Capt Debtcrash
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Bloomberg Used my work

Hey guys, 

New member but I wrote and posted the first post in the digest on the e dollar. It appears as if you found the Bloomberg piece that was suspiciously similar to mine only putting the crypto E dollar in a positive light, where as my post implies it's yet another reach for power by the banks and govt. I've been writing on the subject for a couple years and it's frustrating to have Bloomberg steal (alleged) my work and reach more people with their viewpoint. Read both and give me your thoughts and suggestions. 

sand_puppy's picture
sand_puppy
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What is hasbara?

This term is fairly new to me, but deserves to be widely known.

The Israeli prime minister’s office oversees an international pro-Israel propaganda initiative called “Hasbara” in order to improve the country’s image abroad. Hundreds of Hasbara groups have been established across the Western world. The Hasbara Fellowships website lists 17 “partner” organizations dedicated to disseminating Zionist propaganda in the West.  The Coalition of Hasbara Volunteers (CoHaV) describes itself as “an international umbrella organization for the many volunteer Israel advocacy groups around the world.” The group lists 108 Hasbara “action groups” on its website stretching from Australia to Europe, North America and South America. (source)

College students can do fellowships and get scholarship money to attend.  Students are trained to skillfully  interject via social media like facebook and twitter, and discussion boards to improve public opinion of Israel.

http://www.hasbarafellowships.org/

Some testimonials:

"Hasbara Fellowships taught us great tips for what, when, where, why, and how to post on Facebook and Twitter, so that we can start to really engage and expand our influence." 

– Max Klapholz, Northeastern University

"The Hasbara Fellowships program has given me the tools, confidence and network to better advance my advocacy skills and revive the Israel Advocacy club on my campus."

– Doron Feur, Cal Poly Pomona

I would encourage everyone to peruse this website.  This is a program run by the Prime Minister of Israel.

Paul Weiss explains what Hasbara is:

.... But there’s a lot more to hasbara than that, and the practice deserves to be scrutinized. Hasbara, which comes from Hebrew for “explaining,” has come to mean chiefly propaganda: concerted and tireless efforts to pressure newspapers and governments whenever they say a word in favor of Palestinians or Arabs, efforts to swarm websites that make the same mistake. The activity is concerted, organized, and subsidized; and the organized component is partly concealed. Anyone who’s seen the regular shift changes in commenters at this site knows what I’m talking about.

New York Times readers are apparently not aware of this term, and they should be. Thanks to Mackey, we want Americans to start using the word hasbara with all its cynical implications. After all, other foreign words have entered our language because we need them– schadenfreude, apartheid, chutzpah, glasnost, to name a few. We need hasbara too. It describes a concerted form of propaganda that no one word in English captures.

Everytime Americans read a pro-Israel comment, we want them to think this might not just be some innocent soul moved to comment– though yes it may be that– but it could well be part of a propaganda campaign on behalf of the Israeli government.

My eyes have been recently opened to the Zionist portion of what The Saker terms the AngloZionist group.

 

 

 

Arthur Robey's picture
Arthur Robey
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Another view.

Bear in mind that many Jews see Israel as an Anglo American colony  in  the  heart of the oil patch and Israelis as their pawns. This was a surprising view to me. I had assumed  that  all Jews shared the same passion for Israel.  Not so.

 

reflector's picture
reflector
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hi, cd!
Capt Debtcrash wrote:

Hey guys, 

New member but I wrote and posted the first post in the digest on the e dollar. It appears as if you found the Bloomberg piece that was suspiciously similar to mine only putting the crypto E dollar in a positive light, where as my post implies it's yet another reach for power by the banks and govt. I've been writing on the subject for a couple years and it's frustrating to have Bloomberg steal (alleged) my work and reach more people with their viewpoint. Read both and give me your thoughts and suggestions. 

greetings, captain debtcrash

seen many of your posts at zerohedge, and links to your blog, fine work from what i have read.

glad to see you here!

reflector's picture
reflector
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also corbett report
sand_puppy wrote:

from zh about 10 minutes ago

So It Begins: Bloomberg Op-Ed Calls For An End Of Cash

In a moment of curious serendipity, a little over 90 minutes after we showed what a dystopian, centrally-planned, cashless society unleashed in a negative interest rate world would look like ("by forcing people and companies to convert their paper money into bank deposits, the hope is that they can be persuaded (coerced?) to spend that money rather than save it because those deposits will carry considerable costs"), and briefly after we laid out the countless recent warnings from "very serious people" that cash is evil and should be banned:

... while warning to await a full-on coopted media assault about the dangers of cash "which is an anacrhonysm from a bygone era, and that the world will be so much better if only everyone dutifully exchanges the physical currency in their pocket for digital, traceable, and deletable 1s and 0s", none other than Bloomberg issued an editorial Op-Ed in which it had one simple message: "Bring On the Cashless Future."

SP,

corbett report just started an open-source investigation into the topic, with a country-by-country discussion of how each country is approaching the cashless society. lots of good info in the comments section:

https://www.corbettreport.com/the-war-on-cash-a-country-by-country-guide...

 

Doug's picture
Doug
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Amish

I live on the edge of a fairly large Amish community. They deal in cash and don't have computers for online transactions. There are a lot of bilateral currency interactions with the 'English' (the rest of us) that would become much more difficult if not impossible. Many of my business dealings are with the Amish. How are they expected to live their lives without cash? Also, would the checkbook be outlawed too?

cmartenson's picture
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Agreed!
reflector wrote:

greetings, captain debtcrash

seen many of your posts at zerohedge, and links to your blog, fine work from what i have read.

glad to see you here!

Agreed, welcome Captain DC!

I thought your article was very well put together, and I think it's obvious that digital currency has gotten a free pass from TPTB because they see it as being useful somehow.

I was always suspicious of BitCoin because of how it was never impeded by the Treasury.

I personally know someone doing high level coding for digital currencies and his main clients include the biggest of the big banks and one central bank.

Hmmmm....I think this comment from the Bloomberg article captures my concerns well:

Thank you Bloomberg. There is nothing better than your promotion of removing cash, and allowing banks to rob us blind. Why put your money in a busted bank?

Why should the banks pay for your deposits, they get it free from the Fed. Why, kind serf, you have to. How else can we force negative rates on you, force you to spend now, and of course force you to never to save? 

How else can we track every transaction and slap a vat tax on it? You are our debt cow serf. To be milked dry on a pile of debt. To strip you of your wealth and the generations of your blood that created it. Its ours now serf. Get in line.

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saxplayer00o1
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Money management funds halted by BOJ's negative interest rate

Money management funds halted by BOJ's negative interest rate

The Japan Times-6 hours ago
An increasing number of investment management firms are suspending sales of money management funds because interest rates are slumping in the wake of ...

JGB yields tumble, yields negative up to almost 9 years

Reuters-7 hours ago
TOKYO Feb 1 Japanese government bond prices soared on Monday as the Bank of Japan's surprise introduction of negative interest rates last week drove ...
 

Julius Baer weighs passing on negative euro rates to clients

Reuters-3 hours ago
ZURICH Feb 1 Swiss private bank Julius Baer may start passing on negative interest rates for euro deposits to customers, finance chief Dieter Enkelmann told ...

Global Yields Hit 12-Month Low as Japan Two-Year Falls to -0.16%

Bloomberg-8 hours ago
Bank of Japan Governor Kuroda's decision Friday to set negative interest rates, adding to stimulus from his record program of asset purchases, is driving ...
 

PBOC Injected 520.9 Billion Yuan Via Standing Lending Facility in January

Nasdaq - ‎2 hours ago‎
In another statement, the central bank said it injected 862.5 billion yuan via a medium-term lending facility to ensure ample liquidity in the banking system. The three-month, six-month and one-year MLFs are 445.5 billion yuan, 217.5 billion yuan and ...

US hedge funds mount new attacks on China's yuan

The Australian - ‎12 hours ago‎
Hayman Capital began betting against the yuan last year after studying China's banking system and being stunned at its rapid expansion of debt. The firm's analysis suggested that past-due ... Mr Druckenmiller, who now invests his own wealth, and one of ...

Euro-Area Factories Cut Prices as Deflation Risks Loom Large

Bloomberg-5 hours ago
President Mario Draghi said the European Central Bank's stimulus policies will be reviewed in March as the region's inflation rate may drop below zero again ...

National debt to hit 600 trillion won

The Korea Herald - ‎Jan 31, 2016‎
South Korea's national debt is expected to exceed 600 trillion won ($496 billion) for the first time ever this week, drawing concerns over the nation's fiscal health amid a slowing economy and rapid population aging, the National Assembly said Sunday.

China's Stocks Extend Worst Rout Since 2008 on Growth Concerns

Bloomberg-7 hours ago
... warned of disappointing earnings and traders unwound margin debt. ... using the contracts to inject a net 1.235 trillion yuan in January, the most on record.

Nigeria Seeks $3.5 Billion in Loans From World Bank, AfDB

Bloomberg-17 hours ago
21 that authorities will borrow about $5 billion in external debt from multilateral agencies and the Eurobond market to plug a record budget gap of 3 trillion naira.

Puerto Rico proposes 46 percent debt cut in creditor plan

CNBC-1 hour ago
Puerto Rico on Monday announced it had made an exchange offer to financial creditors to reduce a $49.2 billion chunk of its debt by about 46 percent, to $26.5 ...

Unpaid vendors make frowny face at state

Crain's Chicago Business-2 hours ago
Bruce Rauner, insistent on pro-business changes to boost commerce, can't agree ... They oppose his conservative agenda, saying a multibillion-dollar deficit needs ... a $35 billion budget as it is for an individual: If you don't pay, you get cut off.

Illinois students, colleges lose financial help due to state budget ...

Quincy Herald Whig-40 minutes ago
"Currently, the state has a backlog of bills at $7 billion and a deficit of $4.5 billion. ... "I don't want to keep taking out more loans," the business management ...

Cities, counties owe $7 billion to retirees for healthcare

Michigan Radio-20 hours ago
Some cities have already slashed retiree health costs, often in controversial ways, ... in terms of keeping their pension promises funded compared to other states.

IMF sees years of austerity for Saudi Arabia, as debt defaults loom

RT-1 hour ago
The International Monetary Fund has predicted years of higher taxes and low fuel subsidies for oil-rich Saudi Arabia. As crude prices have fallen more than 70 ...

Athens and Rome expose Europe's greatest faultlines

Financial Times-19 hours ago
These instruments allow investors to hedge against default risk. ... bought the toxic debt directly from the commercial banks — thus giving them immediate relief.

 

KugsCheese's picture
KugsCheese
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Puerto Rico Debt Haircut

Even with 46% haircut PR would be paying 15% of revenue to service remaining debt.  Then PR will borrow more!

mememonkey's picture
mememonkey
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Posts: 223
Digital Ducks in a row
Quote:

Agreed, welcome Captain DC!

I thought your article was very well put together, and I think it's obvious that digital currency has gotten a free pass from TPTB because they see it as being useful somehow.

I was always suspicious of BitCoin because of how it was never impeded by the Treasury.

I personally know someone doing high level coding for digital currencies and his main clients include the biggest of the big banks and one central bank.

Agree with that suspicion/perception of bitcoin as well,   The block chain is so revolutionary with regards to decentralization of transactional interactions and it's potential disruption/annihilation of the banking cartel monopoly model that It would be insane for the Banks and .gov NOT to somehow coopt it. 

even with my suspicions I think one can make a case that Bitcoin as first mover in this space is legit, and that Treasury was/is slow on the uptake, coupled with the legacy banking control/visibility  that still exist on the Input output to Bitcoin. 

Strategically it make sense for TBTB  to first build a digital alternative that preserves the skimming functions of banks, and then roll that out in conjunction with the assistance of their captured regulatory agencies. 

Market share/acceptance  would be massive when the clueless public, could be assured of the 'legitimacy' and  security of the digital money brand that bears the seal of a branded banking entity backed and insured by the FDIC equivalent of digital insurance.

That is where I think this headed.  At that point look for the demonization and .gov delegimitization of BitCoin to kick into high gear.

mememonkey

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