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Australia headed for ‘economic armageddon’

“The data clearly demonstrates that there are significant structural economic imbalances in the Australian economy. Significant expansion of the broad money supply and record low interest rates by Continue……

Household debt is dangerously close to 2008 levels

Here we go again. Total household debt in America climbed to $12.58 trillion at the end oflast year, up $266 billion from the third quarter Continue……

America’s Outmoded “Factory Model” Educational System Needs to be Radically Reinvented

Charles Hugh Smith, Of Two Minds, Released on 2/14/17 It’s obvious that we desperately need a new decentralized, individualized and far more productive system of education. Continue……

Elon Musk: Humans must merge with machines or become irrelevant

“Over time I think we will probably see a closer merger of biological intelligence and digital intelligence…It’s mostly about the bandwidth, the speed of the connection between your brain and…

IMF’s Lagarde ‘optimistic’ about US economy

“From the little we know, and I will insist on the little we know, because this is really work in progress… but from the little we hear, we have reasons…

Bill Kristol: “Decadent, Lazy, Spoiled, White Working Class” Americans Should Be Replaced By Immigrants

“Look, to be totally honest, if things are so bad as you say with the white working class, don’t you want to get new Americans in?”…”Basically if you are in…

Time to Panic in Australia

Australians’ private debt has soared to 187 per cent of their income. Debt is up from about 70 per cent in the early 1990s. Continue……

This Is How Out-Of-Whack US Trade Relationships Really Are

Wolf Richter, Wolf Street, Released on 2/7/17 2016 marked another banner year for US trade, a banner year largely for other countries that at the initiative of Corporate America, whose…

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