(Mac Slavo) The entirety of human history has been shaped by one thing: theft. Depending on who is allowed to steal the fruits of labor and how much leeway they gave themselves to steal has had an effect on every aspect of humanity’s history.
negative interest rates
12 Reasons Why Negative Rates Will Devastate The World
(Zero Hedge) It has been a thesis over 20 years in the making, but with every passing day, SocGen’s Albert Edwards – who first coined the term “Ice Age” to describe the state of the world in which every debt issue ends up with a negative yield as capital markets and economies collapse into a deflationary singularity – is that much closer to having the victory lap of a lifetime. Although, we doubt he is happy about it.