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Saxo’s Outrageous positions for 2014

Saxo Bank does an annual predictions report before the new year, anticipating wildcard events that might impact the markets.  See the full report here: TF_OutrageousPredictions_2014 Here’s a few highlights: According to Saxo, there’s a chance that Germany falls into recession, while France’s CAC 40 index could plunge 40pc from this year’s peak. But the predictions […]

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Human brain hard-wired for rural tranquillity

Science has now proven what many have suspected for years; living the quiet rural life is relaxing, good for thinking, peaceful, and more calm.  Writers and other intellectuals have often kept rural properties as their main residence or even as a backup, to be secluded with only their thoughts, and the countryside.  With the advent […]

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Neofeudal financialization – what’s real and what’s not

Most investors and traders are constantly analyzing data, and painting the economic picture based on it.  But far too often we forget what’s creating the data.  Economics is a measure of the real economy, which is driven by real forces.  Monopolies are one thing to study, but how do monopolies or oligopolies exert their economic […]

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Apocalypse, New Jersey: A Dispatch From America’s Most Desperate Town

Just as income disparity is reaching a historic high, so are the conditions in the ‘real’ America, as expressed by conditions in Camden, New Jersey.  New Jersey is one of the wealthiest states in the USA, and also home of some of the most violent, crime ridden counties.  Here’s Matt Taibbi’s description of a real […]

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EPA fraud casts doubt on institutional approach towards social management

Another government fraud doesn’t seem surprising, but we should look closer at this recent employee of the EPA; in fact their highest paid employee, who was thought to be an expert on climate change.  He was a liar, embezzler, and overall bad employee, according to his lawyer, he didn’t work for periods of 18 months. […]

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The Pathology of the Rich – Chris Hedges on Reality Asserts Itself

Paul Jay, Senior Editor, TRNN: Welcome to The Real News Network. I’m Paul Jay in Baltimore. And welcome to Reality Asserts Itself. A few weeks ago, we did a series of interviews with Chris Hedges, and one of the things we talked about was the weakness of the left, the weakness of the people’s movement, if […]

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Fidelity Bans IRA Bitcoin Investments Days After Permitting Them

The debate over the institutional use of Bitcoin continues, as Fidelity allows IRA investment into Bitcoin, but then quickly reverses their position: Following what we can only imagine was uproar following our discussion of Fidelity “allowing self-directed IRA holders to ‘invest’ in Bitcoin,” [3] the company has very quickly reversed policy… As MarketWatch notes [4], “On an individual basis, we […]

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