European Implosion Sends Panic Through Global Markets

By Michael Snyder – Re-Blogged From Freedom Outpost

told you to keep your eyes on Europe.  On Tuesday, widespread panic shot through European financial markets and this deeply affected U.S. markets as well.  The Dow Jones industrial average fell 391 points, and at this point the Dow and the S&P 500 have been down for three trading sessions in a row.  But the big news is what is happening over in Europe.  Tuesday’s crash represented the largest one day move for 2 year Italian bonds ever, and Italian bank stocks are now down a whopping 24 percent from their April highs.

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How to Hire a Social Media Management Team

By Mark Clain – Re-Blogged From Design Beep

The role of social media in business marketing has been steadily growing. These days, you will have a hard time finding a business without a Twitter, Facebook, or Instagram account, with good reason. Social media is a quick, easy, and relevant way for companies to get their names and content out there. But, using social media to market a business can get time-consuming. A lot of the time, many small companies cannot dedicate the time and staff to maintaining an effective social media marketing plan. Social media marketing involves regular posts and updates as well as regular monitoring of customer participation.

Air Pollution Cleanup May Be Major Driver of Global Warming

By Anthony Watts – Re-Blogged From http://www.WattsUpWithThat.com

Observations during lunar eclipses show how Earth’s atmosphere has cleared, letting in more sunlight

Strange but true: You can learn a lot about Earth’s climate by watching a lunar eclipse. This week at the 46th Global Monitoring Annual Conference (GMAC) in Boulder, CO, climate scientist Richard Keen of the University of Colorado announced new results from decades of lunar eclipse monitoring.

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Inflation: The People’s Enemy…The Government’s Friend

By David Smith – Re-Blogged From http://www.Gold-Eagle.com

We can argue about the definition(s) of inflation until the cows come home – To be sure some economists spend a career trying to nail it down.

But for clarity’s sake, we’ll use the definition of the Austrian School (Mises.org) as an increase in the money supply. This is really the correct one, regardless of any bias of dogma, “schooling” or the mainstream media. Although most everyone defines inflation as an increase in the price of goods and services, this is actually a result.

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What a Populist President Would Mean for Mexico

Re-Blogged From Stratfor

Highlights

  • Polls suggest Mexico’s populist coalition, led by the National Regeneration Movement, could win the presidency in the July 1 federal elections, along with a majority in the lower house and a near majority in the Senate.
  • If the coalition gains only a lower house majority, it will face heavier pressure from established parties, including the Institutional Revolutionary Party (PRI) and the National Action Party (PAN), to moderate its populist stance.
  • But the PRI and PAN will be weaker in the wake of the vote, assuming the polls bear out, and will have to rely on federal courts to halt potentially controversial legislative measures, such as energy or education reforms.

Andres Manuel Lopez Obrador, the National Regeneration Movement's candidate for Mexico's presidency, addresses the crowd at a campaign event on April 20, 2018.

(HECTOR VIVAS/Getty Images)

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Speculation On Hyperinflation

By Gary Christenso – Re-Blogged From http://www.Gold-Eagle.com

Hyperinflation Myths:

  1. Hyperinflation occurs in banana-republics and not modern western countries.
  2. Hyperinflation cannot occur in the United States because the U.S. issues dollars – the reserve currency.

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Sweden Warns Every Single Household to Prep for War

By Daisy Luther – Re-Blogged From Freedom Outpost

The government of Sweden has produced a 20-page pamphlet which they’ll be sending to each of the 4.8 million households in the country urging them to get prepared for…WAR.

Although they haven’t been at war for over 200 years, for some reason, right now, they want their citizens to get prepped – and fast. This goes along with an article I wrote in January of 2018 when the government urged their people to be ready to cope “without help” for at least a week.

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Now or Never: Israel Makes Its Move Against Iran

Reva Goujon   By Reva Goujon – Re-Blogged From Stratfor

Highlights

  • An unusual set of circumstances is enabling Israel to scale up attacks against Iran in Syria and risk a broader confrontation in the process.
  • As Israel raises the stakes in its conflict with Iran, it will look to lock in U.S. security commitments in the region for the long haul.
  • The White House’s decision to withdraw from the Iran nuclear deal is a long-shot bet on regime change at odds with U.S. attempts to reduce its military burden in the region.
  • Russia’s bark is often worse than its bite, but it will retain the clout to narrow the scope of U.S. and Israeli ambitions against Iran.
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Weekly Climate and Energy News Roundup #317

Brought to You by www.SEPP.org The Science and Environmental Policy Project

By Ken Haapala, President

Hollow Models? The long writing career of British logician and philosopher Bertrand Russell covered a period of marked change in science. The term natural philosophy was giving way to the term physical science and extensive divisions were occurring into branches such as physics, chemistry, etc. Already, it had been shown that long-held beliefs needed continuing empirical verification. For example, European philosophers long held the view that knowledge can be logically deduced from generally held beliefs, or propositions, such as: all swans are white; if it is a swan, it is white. This logical view was broken when the premise was falsified with the discovery of black swans in Australia in 1697. The occurrence has been used to demonstrate that logic alone is not sufficient to demonstrate a proposition has meaning in the physical world (truth). [Stock market investor Nassim Nicholas Taleb developed an investment (speculation) strategy based on unlikely events, which has different meaning.]

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Is Oil About To Become Front-Page News? “A Glut That Held Prices Down For Years Is Essentially Gone”

By John Rubino – Re-Blogged From Dollar Collapse

Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in the market, with a rising spread indicating higher prices in the future, with all the inflationary pressures that that implies. From today’s Wall Street Journal:

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Supersonic Jets are Making a Comeback

By Alex Gray – Re-Blogged From https://www.weforum.org

Five years from now, it might take three hours and 15 minutes to fly from New York to London, or five and a half hours to get from San Francisco to Tokyo. That’s half the amount of time it currently takes.

Photo illustration of the Aerion AS2, the world's first supersonic business jet, being developed by Lockheed Martin Corp partnering with plane maker Aerion Corp of Reno, Nevada, is shown in this handout photo illustration released December 15, 2017. Courtesy Aerion Corporation/Handout via REUTERS   ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. - RC1487247B30

Those are the promises being made by several companies working on supersonic air travel. But to others, this is just a pipe dream.

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Does Global Climate Change Require a Global Solution?

By Andy May – Re-Blogged From http://www.WattsUpWithThat.com

Al Gore wrote in the Huffington Post (August 28, 2014) that the need for “bold action” to curtail “old dirty sources of energy … is obvious and urgent.” The proper scientific response to an assertion like that is why? How can I test this idea? Science is not a belief, it is a method of testing ideas. We use an idea to make predictions and then we gather data to see if the predictions are correct. If the predictions are accurate, the idea survives. If any of the predictions fail, the idea is disproven, and it must be modified or simply rejected.

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Strong Grip May Predict Longer Life at All Ages

By Thomson Reuters – Re-Blogged From Newsmax Health

Grip strength may be a better predictor of future health than some measurements doctors currently use to gauge risk, a large UK study suggests.

Although grip strength has long been a good indicator of frailty or health in older people, it could help doctors understand adults’ risk profile at all ages, including the odds of heart and lung disease, cancer and overall mortality, the study team writes in The BMJ.

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Federal Reserve Note Dances Upon Its Own Grave

By Clint Siegner – Re-Blogged From http://www.Gold-Eagle.com

Practically nobody enters the foreign exchange markets looking to buy and hold. Currency trading is generally a short-term game, and there isn’t much regard for analysis of the longer-term fundamentals.

That much is evident given the ongoing rally in the Federal Reserve Note dollar, despite its outlook being downright grim.

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U.S. Coal Industry Growth

By Andy May – Re-Blogged From http://www.WattsUpWithThat.com

U.S. coal production declined from 2011 through 2016 as it was displaced in U.S. power plants by cheaper and cleaner natural gas. Some of the reduction was also due to the Obama Clean Power Plan regulations. However, the shale gas revolution in the U.S. has not spread to other countries, perhaps due to the “fracking” scare, so worldwide use of coal increased rapidly until 2013. From 2000 until 2013 global coal use increased at a rate of over 4% per year. This led to an increase in U.S. coal exports (see Figure 1) because the U.S. is a low-cost producer of high quality coal. Coal consumption worldwide has flattened and is expected to stay flat through 2040, according to ExxonMobil’s 2018 Energy Outlook as well as the EIA. Currently coal provides 25% of the global energy supply and this is projected to decrease to 20% by 2040 according to ExxonMobil.

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Brain Stimulation Could Ease Diabetes Symptoms

By David Alliot – Re-Blogged From Newsmax Health

The premise is clear: Find a way to increase dopamine (a chemical released by nerve cells to stimulate pleasure) and the body’s natural ability to process sugar is increased — key to helping people with diabetes. This mode of regulating sugar control is well-known in mice, but thanks to new research that led to human trials, the same appears to be true for humans.

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

By Michael Shellenberger, President, Environmental Progress.

Re-Blogged From http://www.WattsUpWithThat.com

Over the last year, the media have published story after story after story about the declining price of solar panels and wind turbines.

People who read these stories are understandably left with the impression that the more solar and wind energy we produce, the lower electricity prices will become.

And yet that’s not what’s happening. In fact, it’s the opposite.

Between 2009 and 2017, the price of solar panels per watt declined by 75 percent while the price of wind turbines per watt declined by 50 percent.

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Trump Officials Discussed Whether to ‘Ignore’ Climate Data

By John Bowden – Re-Blogged From The Hill

U.S. President Donald Trump Cancels the North Korea Summit With Kim Jong Un

Re-Blogged From Stratfor

In a shock announcement, U.S. President Donald Trump has canceled the planned June 12 summit with North Korean leader Kim Jong Un. In a letter directly addressed to Kim, released early May 24, the U.S. president thanked his North Korean counterpart for his time and patience in the discussions but said that the “tremendous anger and open hostility” displayed in North Korea’s most recent statement made a meeting inappropriate. The letter is referring to a May 23 statement made by North Korean Vice Minister of Foreign Affairs Choe Son Hui in the state-run media outlet KCNA, in which she threatened to pull out of the North Korean summit and condemned U.S. Vice President Mike Pence for recent remarks threatening North Korea if it doesn’t make a deal with the United States. Choe’s statement is the second such threat from North Korean officials in the past week. Trump’s letter ends with an invitation for North Korea to reach out if the country changes its mind about its position on the United States.

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Caterpillar’s Dilemma

By Thomson Reuters – Re-Blogged From Newsmax

Orders for the mining machines and construction bulldozers made at this sprawling Caterpillar Inc. factory in central Illinois have jumped, in general, three-fold over the past year.

But meeting that boom in demand at the world’s largest heavy equipment manufacturer is a challenge, in part because of Caterpillar (CAT) suppliers like Steve Kirsh.

Image: Caterpillar's Dilemma: Keeping Up With Surge in Demand During Boom

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An Egg a Day May Keep the Doctor Away

By AFP – Re-Blogged From Newsmax Health

For decades, experts warned that eating eggs raises levels of unhealthy cholesterol. But a study Tuesday said an egg a day may actually reduce the risk of heart disease and stroke.

While outside experts cautioned against reading too much into the study, its authors claimed that Chinese adults who ate an egg every day had a lower risk of cardiovascular disease (CVD).

Studying half-a-million healthy adults aged 30-79 over almost nine years, researchers concluded that “compared with non-consumers, daily egg consumption was associated with lower risk of CVD.”

Ramadan in 2018, a Threat Lens Perspective

Re-Blogged From Stratfor

Key Takeaways

  • Stratfor Threat Lens anticipates an increase in the tempo and intensity of attacks during Ramadan this year, similar to that seen in 2016 and 2017.
  • A confluence of events — including but not limited to Ramadan — will exacerbate the Israeli-Palestinian conflict.
  • The United States opened its new embassy in Jerusalem May 14, coinciding with the day Palestinians commemorate their 1948 displacement from Israel.

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Wake the Odd Man of Asia

By Viv Forbes – Re-Blogged From http://www.WattsUpWithThat.com

Japan has 45 new high-energy, low-emission (HELE) coal-fired power plants on the drawing boards. These will probably burn high quality Australian coal. And despite the tsunami that hit Japan, nuclear power still generates about 20% of Japan’s electricity.

Chinese companies have plans to build 700 new coal power plants all over the world, mostly in China.  In addition China will bring five new nuclear power reactors online in 2018 and has plans for a further six to eight units.

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The Human Costs of Epidemics are Going Down But the Economic Costs are Going Up

By Vanessa Candeias – Re-Blogged From World Economic Forum

This year marks the 100th anniversary of the deadliest epidemic in history – the 1918 Spanish Influenza outbreak, which killed around 50 million people.

More recently, several outbreaks with equally familiar names have made headlines: SARS, swine flu, MERS, Ebola, Zika, yellow fever, Lassa fever, cholera, drug resistant infections… the list could go on. In fact, every month the World Health Organization receives 5,000 early-warning disease signals from across the globe, around 300 of which need further investigation and of which 30 warrant more in-depth field studies to investigate their potential for causing epidemics.

A health worker stands by ready to ask incoming passengers to remove any head gears before temperature screenings at the International Airport in Hong Kong April 27, 2009. Asia, a continent that has battled deadly viruses such as the H5N1 bird flu and SARS in recent years, began taking steps over the weekend to ward off a new flu virus.   REUTERS/Vincent Yu/Pool   (CHINA POLITICS HEALTH IMAGES OF THE DAY) - GM1E54R15DW01

To Russia With Caution

Scott Stewart By Scott Stewart – Re-Blogged From Statfor

Highlights

  • Tensions between the West and Russia are ratcheting up in the wake of the nerve agent attack on Sergei Skripal.
  • The heightened hostilities will make day-to-day operations more challenging for foreign companies, nongovernmental organizations and journalists working in Russia.
  • In addition to the threat of government surveillance and harassment, foreigners will likely be the targets of increased violence from nationalists and nationalist gangs.

At a newsstand in Moscow, a paper announces Russian President Vladimir Putin's re-election.

(KIRILL KUDRYAVTSEV/AFP/Getty Images)

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Science and Climate Ignorance of Society Needs Correcting

By Dr. Tim Ball – Re-Blogged From http://www.WattsUpWithThat.com

Science historians say the Scientific Revolution began with Copernicus when he proposed the heliocentric system that the Earth orbits the Sun. I used to think it was not worth discussing because one in four Americans and one in three Russians think the opposite, namely the Ptolemaic view that it is an earth-centered, geocentric system. You can argue, as I have in the past, that it doesn’t matter for them as long as the Sun rises and sets every day. However, understanding this basic scientific information becomes critical in the global warming debate because the sun/earth relationship and changes are central to the Milankovitch Effect and its impact on climate change. Sadly, the problem of lack of understanding and knowledge is much wider and deeper, as those in the struggle to expose the false or limited science of anthropogenic global warming (AGW) know. Skeptics of the AGW claims made by the Intergovernmental Panel on Climate Change (IPCC) are painfully aware of the unnecessary energy and environmental policies imposed at the cost of trillions and counting.

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New Treatment Cripples Breast Cancer Cells

By AFP – Re-Blogged From Newsmax Health

Scientists have identified the mechanism that allows breast cancer cells to lie dormant in other parts of the body only to re-emerge years later with lethal force, according to a study published Tuesday.

In experiments with human cells and live mice, researchers showed that disabling the mechanism — with drugs or gene manipulation — crippled the cancer cells and inhibited their capacity to spread.

The Number That Ends This Cycle…Part 2

By John Rubino – Re-Blogged From Dollar Collapse

Everyone seems to agree that if interest rates keep rising a recession and equities bear market will ensue. But no one knows where the breaking point is in terms of, say 10-year Treasury yields. So it’s become a topic of debate with a lot of heavy-hitters offering opinions. Yesterday Goldman Sachs weighed in:

Goldman: Don’t worry about rising interest rates until the 10-year yield hits 4%

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IEA: Air Conditioning Use Will Lead to a Warmer World

By Kendra Pierre-Louis – Re-Blogged From http://www.WattsUpWithThat.com

NYT: ‘The World Wants Air-Conditioning. That Could Warm the World’

More than crickets and fireflies, more than baseball and cookouts, perhaps nothing signals the arrival of summer in the United States like the soft familiar whir of air-conditioning.

But there is growing concern that as other countries adopt America’s love of air-conditioners, the electricity used to power them will overburden electrical grids and increase planet-warming emissions.

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Universal Basic Income To The Rescue?

By Michael Pento – Re-Blogged From http://www.PentoPort.com

The Keynesian Illuminati that run the world are now scrambling to find solutions to the rampant condition of income inequality that they themselves have created. After a decade of global fiscal and monetary policy madness, which were in effect Robin Hood in reverse, they are now seeking to repair the damage caused to the middle classes by making them become permanent wards of the states, just as they strip away ever more of their freedoms.

A genuine solution to reduce the wealth gap would be to eliminate central banks and replace them with a gold standard of money. This would automatically fetter the monetary base to the increased mine supply of gold, which historically has closely matched the productive capacity of the economy. This leads to stable growth without asset bubbles, which serves to eliminate trenchant differences between the classes. But that type of solution wouldn’t achieve their real objective, which is to increase power. Therefore their answer to the imminent manifestation of the next global financial crisis, of their own making, is to invent another government wealth redistribution scheme of even greater proportions.

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Now’s the Time to Restore Integrity to EPA Regulatory Science

By E. Calvin Beisner – Re-Blogged From http://www.WattsUpWithThat.com

For decades the federal Environmental Protection Agency (EPA) has gotten away with creating regulations that lack sound scientific basis, costing Americans hundreds of billions of dollars without solid evidence that those costs were justified.

It’s done this in two ways.

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Weekly Climate and Energy News Roundup #316

By Ken Haapala, President

Brought to You by www.SEPP.org The Science and Environmental Policy Project

Constant, Not Accelerating: On May 16, SEPP Chairman emeritus S. Fred Singer had an essay in the Wall Street Journal explaining why there is little humanity and governments can do to stop the constant rate of sea level rise. Unfortunately, in the print edition, the sentence “But there is also good data showing sea levels are in fact rising at a constant rate,” was muddled into reading “But there is also good data showing sea levels are in fact rising at an accelerating rate.” [Boldface added]. The error was corrected in the online editions. The central issue of Singer’s essay is” that sea-level rise does not depend on the use of fossil fuels.”

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Clouds and El Nino

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

After the turn of the century, I became interested in climate science. But unlike almost everyone else, I wasn’t surprised by how much the global temperature was changing. As someone with experience with heat engines and engine governors, I know how hard it is to keep a heat engine stable under a changing load. As a result, I was surprised at how little the temperature was changing.

Over the 20th Century, for example, the temperature changed by a trivially small ±0.3°C. Since the average temperature of the planet is on the order of 287K, this means that the global temperature varied only about a tenth of one percent in a hundred years … that that is amazingly stable.

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405 Thousand Year Climate Cycle Discovered Related to Earth’s Orbit Around the Sun

By Anthony Watts – Re-Blogged From http://www.WattsUpWithThat.com

In ancient rocks, scientists see a climate cycle working across deep time.

A repeating shift in Earth’s orbit spans hundreds of millions of years

From THE EARTH INSTITUTE AT COLUMBIA UNIVERSITY

Scientists drilling deep into ancient rocks in the Arizona desert say they have documented a gradual shift in Earth’s orbit that repeats regularly every 405,000 years, playing a role in natural climate swings. Astrophysicists have long hypothesized that the cycle exists based on calculations of celestial mechanics, but the authors of the new research have found the first verifiable physical evidence. They showed that the cycle has been stable for hundreds of millions of years, from before the rise of dinosaurs, and is still active today. The research may have implications not only for climate studies, but our understanding of the evolution of life on Earth, and the evolution of the Solar System. It appears this week in the Proceedings of the National Academy of Sciences.

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Gloomy Scenarios For The Fed

By Mike Gleason – Re-Blogged From http://www.Gold-Eagle.com

Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well-known websites in the entire industry and has been covering the precious metals for a decade now, and he puts out some of the best analysis on banking schemes, the flaws of Keynesian economics, and evidence of manipulation in the gold and silver markets.

Craig, we know that you’ve been covering this rally in the dollar closely over the past 3 weeks. I wanted to kind of start there. The problem is, in the short run, nobody in the markets really cares about the dollar’s value relative to what it can actually buy.

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Pig Virus Found in China and Ohio Could Be Threat to Humans

By Jen Krausz – Re-Blogged From Newsmax Health

A pig virus found in China in 2012 and in Ohio in 2014 could threaten humans, researchers found when they studied the virus in a lab setting.

The porcine deltacoronavirus (PDCoV) was not even thought to be a disease when it was found in China in 2012, Newsweek reported. In Ohio in 2014, it was causing severe diarrhea in the animals that was sometimes fatal.

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Researchers Develop Cheaper, Better Robotic Hand

By Associated Press – Re-Blogged From Newsmax Helth

Italian researchers on Thursday unveiled a new robotic hand they say allows users to grip objects more naturally and features a design that will lower the price significantly.

The Hennes robotic hand has a simpler mechanical design compared with other such myoelectric prosthetics, characterized by sensors that react to electrical signals from the brain to the muscles, said researcher Lorenzo De Michieli. He helped develop the hand in a lab backed by the Italian Institute of Technology and the INAIL state workers’ compensation prosthetic center.

Image: Researchers Develop Cheaper, Better Robotic Hand

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Looming Catastrophe: Power Grid Collapse Now In Sight in New York

By John Droz Jr. – Re-Blogged From http://www.WattsUpWithThat.com

Indian Point Nuclear Power Station in New York. It sits on the east bank of the Hudson River, about 36 miles north of Midtown Manhattan, plans to shut down both of its operating reactors by April 2021.

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The Crisis Next Time

By Nicole Gelinas – Re-Blogged From City Journal

Ten years after a financial meltdown, America hasn’t grappled with the root problems.

Interest rates on the United States’ ten-year Treasury bond recently hit 3 percent, which should be regarded as historically low. Instead, a decade after the financial crisis began, it’s remarkable for being that high, and economic and financial experts can’t agree on whether this new rate portends a brewing economic miracle or a looming economic crisis. What it really reflects is a conundrum: the economy is doing well, but in large part because Americans have borrowed too much, too fast, and at too-low rates—and a real risk exists that normal interest rates will kill this debt-fueled boom. In the decade after the 2008 debt-based meltdown, the U.S. still hasn’t kicked its addiction to borrowing.

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Chinese Bombers Make Debut Landing on Disputed South China Sea Runway

By AFP – Re-Blogged From Newsmax

China has for the first time landed several bombers on an island in the disputed South China Sea, a move that could provoke renewed tensions between countries bordering the strategically vital maritime region.

Several bombers of various types — including the long-range, nuclear strike capable H-6K — carried out landing and take off drills at an unidentified island airfield after carrying out simulated strike training on targets at sea, the Chinese airforce said in a statement Friday.

Russia Deploys Exotic New Weapon: A “Budget Surplus”

By John Rubino – Re-Blogged From Dollar Collapse

The price of oil is rising, which is obviously good news for those who sell it to the rest of us. Russia in particular seems to be enjoying the current trend, so much so that — if I’m understanding this correctly – Moscow is now receiving more in taxes than it’s spending. This is producing something called a “budget surplus,” which is a kind of currency war weapon that can be deployed to improve a country’s geopolitical position. Here’s a quick overview:

Russia To See Oil Revenues Jump Fivefold

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