[KR870] Keiser Report: Russian New Culinary Movement

We discuss sweethearts, strippers and 666 as Valentine’s Day comes early for the devils at the UK’s tax office. We also play a video clip from an interview with Boris Akimov of LavkaLavka restaurant (lavkalavka.com) in Moscow discussing sanctions, GMOs and hipsters. In the second half, Max interviews Kerry-Anne Mendoza of TheCanary.co about Osborne’s Britain, where austerity-induced suicides are up double digit percentages and the taxpayer is losing billions on stealthly but massive privatizations of state assets.


Stupor Bowl 2016

When I use the phrase Stupor Bowl, I refer not to the upcoming Super Bowl or the crazy mid-winter bicycle free-for-all in Minneapolis, but to the economic game of watching the Bear’s Recession Offense crush the Unicorn-believing Bulls.

Let’s follow the score here in the opening minutes of the Recession 2016 contest:

1. Sales have only one way to go: down. Touchdown Bears.

2. Profits have only one way to go: down. Touchdown Bears.

3. Stock buybacks have only one way to go: down. Touchdown Bears.

4. Global “growth” has only one way to go: down. Touchdown Bears.

5. Risk premiums have only one way to go: up. Touchdown Bears.

6. The efficacy of central bank “easing” only one way to go: down. Touchdown Bears.

This is getting stupefyingly repetitive, and the game has barely started: the Bears have racked up 42 points while the Unicorn-believing Bulls are scoreless.

The Unicorn-believing Bulls are going to need not just one Immaculate Reception, but a half-dozen miracle scores just to stay in the game. But the Bears have barely dented their playbook:

7. Government deficits have only one way to go: up.

8. The growth rate of private-sector debt has only one way to go: down.

9. The number of nations with crashing currencies has only one way to go: up.

10. The number of nations defaulting on sovereign debt has only one way to go: up.

11. The number of IPOs that quickly fall below their initial price has only one way to go: up–way up.

12. The number of margin calls to be issued to overleveraged “investors” has only one way to go: up–way up.

13. The number of junk bonds that will default has only one way to go: up–way up.

14. The number of Greater Fools willing to pay outlandishly absurd prices for homes in hot markets is plummeting; as a result, the market value of real estate globally has only one way to go: down–way down.

The Bears can fumble a few plays and still score another 42 points with ease.

The Unicorn-believing Bulls will need the financial equivalent of The Catch just to avoid being skunked:

But even that won’t change the outcome–a recession that will leave all the Unicorn believers, Keynesian Cargo Cultists and the rest of the delusional mob of Bulls stupefied by their crushing defeat.

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This Silver Investor is “Hell Bent on Taking the Precious Metals Battle Back to the Banksters”

This barbarian is hell bent on taking the battle back to the banksters.
Silver and gold will be his PERSONAL WAR CHEST in this coming battle…

Read more ›


A Detailed Look at The New York Times’ Embarrassing, Deceitful and Illogical Endorsement of Hillary Clinton

The New York Times’ endorsement of Hillary Clinton against Bernie Sanders in the Democratic primary consists of an unreadable, illogical piece of fiction. In this post, I will critique the paper’s position in detail, but first I want to take a step back and explain to people what I think is going on in the bigger picture.

In its endorsement of Hillary, the New York Times editorial board did such a sloppy job I can’t help but think it may have done permanent damage to its brand. Upon reading it, my initial conclusion was that the editorial board was either suffering from Stockholm syndrome or merely concerned about losing advertising revenues should they endorse Sanders. Then I thought some more and I realized my initial conclusions were wrong. Something else is going on here, something far more subtle, subconscious and illuminating. The New York Times is defending the establishment candidate simply because the New York Times is the establishment.

Read the rest here.

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How and Why To Move Your Assets Offshore Before the Collapse

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[The following is by Paul Seymour, Managing Partner of TDV Offshore]

I worked for several years with Big 4 CPA firms in both the US and Saudi Arabia, and then spent many years as a multi-national corporate Controller and CFO in places like Florida, Riyadh, Abu Dhabi, Cairo, and Medellín. In my second, more free life, I’ve found satisfaction helping others better position themselves to avoid the onrushing financial catastrophe via variety of international strategies. Read more ›


Is Mike Hearn The World’s First Objective Human?

In his video presentation Mike would lead you to believe that he is the first-ever human Turing Machine.  The first human being who ever lived that can be programmed in a completely objective manner where no matter the input, the output conditions are guaranteed to be in accordance with the program.

Computers are designed by humans.  Software is designed by humans.  As much as we would like to take comfort in the fact that a machine can be trusted to be objective, it can only be trusted to the extent that the consensus algorithm operating that machine was never touched by human hands.  So far, we don’t have any such machines.  You wouldn’t know that however if you listen to Mike in this recent presentation just before he “left Bitcoin.”

Mike Hearn – Robots, Humans and Artificial Intelligence

http://tradewithdave.com/?p=24153


Legendary Bob Moriarty: We’ve seen the Bottom in Gold


Billionaire Investor Eric Sprott Shares the Greatest Financial Lesson He’s Ever Learned

SprottWith Japan announcing negative interest rates and historic manipulation in the silver market with Thursday’s LBMA silver price fix smashed .84 below spot prices by the 6 fixing bullion banks, we welcomed The Admiral of the Silver Market, Eric Sprott himself to help us break down all the action.
In Sprott’s words, the sheer brazenness of the silver fix smash Reeks of Desperation“.

The interview offers a unique look into the mind of Eric Sprott, as the legendary investor shares insight into the thought process on how he evaluates whether a market is experiencing a bottom, and the interview concludes with Sprott sharing the greatest financial lesson he’s ever learned… Read more ›

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[KR869] Keiser Report: Tumbling, Fumbling Ruble

Coming to you from Moscow, we discuss whether or not the price is right for a ruble? A big mac? A salmon? A barrel of oil? A Deutsche Bank? A Clinton? In the second half, Max interviews Vladimir Rojanovsky, head of research at OK Broker Investment Company, about the ruble’s tumble and what that means for the Russian economy going forward.


Be Your Own Medicine

I recently saw a slogan that encapsulated what’s wrong with the U.S. healthcare system: Be Your Own Medicine. To Be Your Own Medicine is the essence of prevention, and a way of taking full ownership of one’s health, body, mind, diet, fitness and daily habits.

Alas, being your own medicine strips the $3.5 trillion healthcare system of profit, power and control, so the last thing the healthcare cartels want is for us to be our own medicine, as that would reduce our reliance on highly profitable pharmaceuticals, tests, procedures and high-cost facilities.

Note the slogan isn’t “take your own medicine” or “make your own medicine”–it’s be your own medicine, which suggests that health is a way of being, not just a way of consuming, though what we consume is integral to being your own medicine.

Our materialist-consumerist culture focuses almost exclusively on data, so “health” is quickly reduced to FitBit readings, test results and an obsessive monitoring of calories and diets, to the general exclusion of the mind-body as an integral system.

The importance of what we put in our mouths is expressed by the old Chinese saying: disease comes in through the mouth, i.e. what we consume. But what we consume is not limited to food (or what is sold as “food”): it also includes what our minds consume in the way of “news”, entertainment, knowledge, etc., and what inputs we experience as stress.

There is also what we might call a spiritual component that includes beliefs but also purpose, meaning and positive social roles. People who have lost (or been stripped of) positive social roles, goals and purpose are prone to a Devil’s brew of psychological and physical ailments that cannot be understood or treated as separate from being.

Yet this is precisely what the U.S. healthcare system does: separate conditions into specialties that can each be treated by medications or procedures. What cannot be “fixed” by medications or procedures–for example, a loss of purpose and positive social roles–are ignored: these realities simply do not exist in the U.S. healthcare system.

Any physician or nurse who attempts to understand and co-treat (with the patient themselves) a patient’s entire state of being will encounter multiple layers of institutional resistance or even active hostility.

There’s no time or money to address the state of patients’ being; treatment is defined by tests, data and diagnoses that then trigger “standards of care” that rely heavily on medications, for a number of systemic reasons: drugs satisfy the patients’ demands for the system to “do something” that “fixes” their condition instantly; it enables overworked physicians and providers a ready treatment that can be defended in the courts as current standard-of-care, and it enables every cartel in a system of cartels to reap huge revenues and profits.

What would a healthcare system based on prevention and be your own medicine look like? Such a system would still be called upon to treat diseases such as brain tumors, genetic conditions, traumatic injuries, etc., but the front line of the system would be designed to help individuals be their own medicine, not just in the context of provider-patient but within the day-to-day contexts of households, communities and enterprises.

The idea that actions have consequences is not alien to us, yet our healthcare system is based on giving lip-service to the causal consequences of what we put in our mouths, what we do with our bodies and minds, and what we consume in the material, spiritual and psychological worlds.

Treatment of atomized individuals in a setting of atomized symptoms and treatments is by any measure the opposite of a system that encourages and enables everyone to be their own medicine.

My new book is in the top 20 of Amazon’s Kindle ebooks > Business & Money > International Economics: A Radically Beneficial World: Automation, Technology and Creating Jobs for All. The Kindle edition is $8.95 and the print edition is currently discounted to $20.82.

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Elizabeth Warren Releases Blistering Report on Corporate Criminality – Singles Out SEC Uselessness

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I was really disappointed by Elizabeth Warren’s recent vote against auditing the Federal Reserve, but I’ve decided to forgive her following the release of an extremely powerful and important 12-page report on corporate criminality titled: Rigged Justice: 2016 – How Weak Enforcement Lets Corporate Offenders Off Easy. In fact, this may be the most meaningful report I’ve read since Princeton and Northwestern published a study proving the U.S. is an oligarchy.

The report encapsulates the meaning of public service, and demonstrates what U.S. Senators could be doing if they weren’t busy constantly whoring themselves out to the highest bidder. The fact of the matter is if Congress was filled with more individuals with the smarts, ethics and courage of Elizabeth Warren, this country would not be in the mess it’s in.

Read the rest here.

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Political Editor at Bloomberg News Quits – Cites Inability to Properly Cover Michael Bloomberg

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The fact that this man is even considering a run tells you precisely how delusional and disconnected he is from the social mood, and the obvious reality that the American public is gravitating to Donald Trump and Bernie Sanders precisely because they hate people like Michael Bloomberg. The fact that he sees himself as some sort of “Independent” would be amusing if it weren’t so sad, and demonstrates a remarkable lack of self-awaeness that is characteristic of American billionaires.

As an example of his politics, Bloomberg’s two biggest political passions seem to revolve around whoring for Wall Street and being aggressively pro gun control. So he’s essentially a less charismatic version of Hillary Clinton, which is no easy feat.

Read the rest here.

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