Germany Desperate to Avoid Trade War With Trump

By Thomson Reuters – Re-Blogged From Newsmax

As Europe’s biggest exporter to the United States and with more than 1 million German jobs at stake, Germany is desperate to avoid a European Union trade war with the United States.

In the run-up to a June 1 deadline for U.S. President Donald Trump to impose steel and aluminum tariffs on the EU, Berlin is urging its European partners to show some flexibility and pursue a broad trade deal that benefits both sides.

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U.K. Home Prices Plunge 3.1% In April

By Fergal O’Brien – Re-Blogged From http://www.Silver-Phoenix500.com

Halifax index shows property values plunged 3.1% in April

Less volatile three-month measure also shows a decline

U.K. home prices plunged the most in almost eight years in April, adding to signs of weakness in Britain’s property market.

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Artificial Intelligence, Or Can Machines Think?

By Alasdair Macleod – Re-Blogged From Goldmoney

Artificial intelligence (AI) is seen as both a boon and a threat. It uses our personal data to influence our lives without us realising it. It is used by social media to draw our attention to things we are interested in buying, and by our tablets and computers to predict what we want to type (good). It facilitates targeting of voters to influence elections (bad, particularly if your side loses).

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Law Of Comparative Advantage

By Alasdair Macleod – Re-Blogged From http://www.Silver-Phoenix500.com

The debates about Brexit and President Trump’s trade machinations have demonstrated the blindness of otherwise intelligent people to the Law of Comparative Advantage. Let me attempt a contemporary definition:

“The Law of Comparative Advantage states that an entity maximises its resources by producing that which gives the best return, while delegating production of all other products and services to other entities more cost-effective in their production”

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Central Bankers Consider Dictating Climate Policy to Private Businesses

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

What is the difference between a centrally planned Communist economy, and an economy where Central bankers punish businesses which defy their investment directives?

Global Warming Is a Central Bank Issue

Ferdinando Giugliano, 13 April 2018, 3:30 PM

Last week, central bank governors from the U.K., France and the Netherlands met in Amsterdam to discuss how to adapt regulation to the risks posed by climate change. Together with five other institutions (from China, Germany, Mexico, Singapore and Sweden), these central banks have formed the “Network for Greening the Financial System” (NGFS). This group has two objectives: sharing and identifying best practices in the supervision of climate-related risks, and enhancing the role of the financial sector in mobilizing “green” financing.

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Why A Dollar Collapse Is Inevitable

By Alasdair Macleod – Re-Blogged From http://www.Gold-Eagle.com

We have been here before – twice. The first time was in the late 1920s, which led to the dollar’s devaluation in 1934. And the second was 1966-68, which led to the collapse of the Bretton Woods System. Even though gold is now officially excluded from the monetary system, it does not save the dollar from a third collapse and will still be its yardstick.

This article explains why another collapse is due for the dollar. It describes the errors that led to the two previous episodes, and the lessons from them relevant to understanding the position today. And just because gold is no longer officially money, it will not stop the collapse of the dollar, measured in gold, again.

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A Day in the Life of a Model

By Amy Bebbington – Re-Blogged From https://www.ukmodels.co.uk

One of the most desirable aspects of the model industry is the flexible nature. No day is the same moving away from the dull and mundane office hours. Attracted to the photoshoot life, aspiring models yearn for the glamour of the world of the fashion pages. But what is life really like for successful models. What does their day-to-day look like? The reality may be slightly different.

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