A Tale Of Two Economies: Singapore And Cuba

By Frank Holmes – Re-Blogged From http://www.Gold-Eagle.com

On Friday November 25, Fidel Castro died at age 90. The former revolutionary and hardline dictator of Cuba was among the 20th century’s longest-serving leaders, third only to Elizabeth II and Bhumibol Adulyadej, the King of Thailand, who passed away in October.

Castro’s death comes at a pivotal moment in US-Cuban relations. With trade between the two countries on the path to normalization, and with US airlines making scheduled flights to Havana for the first time in more than 50 years, President-elect Donald J. Trump has pledged to reinstate many of the Cold War embargos that were lifted by President Barack Obama.

“If Cuba is unwilling to make a better deal for the Cuban people, the Cuban/American people and the US as a whole, I will terminate deal,” Trump tweeted on November 28.

In light of Castro’s passing, we are rerunning this Frank Talk from March 2015, in which Frank compares and analyzes the widely divergent economies of Cuba and Singapore under their now-deceased leaders, Castro and Lee Kuan Yew.

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War On Cash Is Not Over…It’s About To Intensify

By Graham Summers – Re-Blogged From http://www.Gold-Eagle.com

The Trump Presidency has distracted from the next major move to be implemented by Financial Elite.

That move is a cash ban.

Cash, particularly physical cash (as in bills and coins) is a huge problem for insolvent banks.

Indeed, it is the ONLY problem they have yet to address.

If you’re a large bank and you’re overleveraged due to excessive assets to capital ratios (particularly assets that are at risk of losing value or default) there are three key issues you need to control.

1)    You need to be able to value your assets however you please.

2)    You need access to liquidity without lowering you asset to capital ratios.

3)    You need to be able to stop bank runs or capital flights.

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UK Researchers: Tax Food to Reduce Climate Change

[This is what you get by crossing Climate Alarmists with Vegans. – Bob]

By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com

A group of researchers in Oxford University, England have suggested that imposing a massive tax on carbon intensive foods – specifically protein rich foods like meat and dairy – could help combat climate change.

Pricing food according to its climate impacts could save half a million lives and one billion tonnes of greenhouse gas emissions

Taxing greenhouse gas emissions from food production could save more emissions than are currently generated by global aviation, and lead to half a million fewer deaths from chronic diseases, according to a new study published in Nature Climate Change.

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Devastating Expose of Climate Model Error

By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com

This video dates back to July, so it might not be news for some viewers. But the video elucidates in clear and simple terms why climate model error is actually far worse than those pretty spreads provided by the IPCC. I thoroughly recommend watching the video to anyone keen to understand why climate models are so bad at prediction.

 

Is a Religious War in Europe Imminent?

From Vigileaks – Re-Blogged From http://www.iPatriot.com

Over the weekend, several people in France were taken into custody because of involvement in planned terrorist attacks in Paris. The intelligence communities in Europe, Israel and in the United States received tremendous amounts of warnings regarding imminent threats on cities in western Europe that are targets before the Christmas season, during the Christmas season, and right into the New Year!

We aren’t just talking about an isolated terror attack, we’re talking about the injection of millions of new Muslims in Europe. We’re talking about a religious war in Europe right now. The State Dept. just issued a warning either not to go to those places or to exercise extreme caution! This impending Religious War is ignored by mainstream media! Now is the time to forewarn friends, family, armed forces personnel, embassy workers, educators and contacts in Europe!

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Tesla Roof Shingles

By Willis Eschenbach – Re-Blogged From http://www.WattsUpWithThat.com

Well, the man who has made billions with a “b” by sponging off of your taxpayer dollars, the man you can always find face-down at the government trough, is at it again.

elon-musk-solar-shingles

Elon Musk now says that his whiz-bang glass solar roofing shingles will be, get this, cheaper than a “normal” roof, viz:

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At This Current Pace, A Record-Shattering 2.4 Trillion Dollars Will Be Added To The National Debt This Year

By Michael Snyder – Re-Blogged From http://www.EndOfTheAmericanDream.com

Barack Obama is about to become the 20 trillion dollar man. With less than two months to go in his second term, the U.S. national debt stands less than 150 billion dollars away from the 20 trillion dollar mark. And at the pace that the debt is increasing, it seems almost certain that we will cross 20 trillion dollars before Inauguration Day. After promising us that “deficits are under control”, the federal debt jumped by more than 1.3 trillion dollars last fiscal year, and so far this year it is on pace to rise by a record-shattering 2.4 trillion dollars. This is a recipe for national suicide, and yet it wasn’t even a major issue during the recently concluded presidential campaign.

uncle-sam

It is really, really hard to spend a trillion dollars. For example, if you were alive when Jesus was born and you had spent a million dollars every single day since that time, you still would not have spent a trillion dollars by now.

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