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LOOK UP -- New, Full Documentary - Geo-Engineering, & Weather MOD. Must Watch! - YouTube

http://www.skyderalert.com/ "Look UP" The Winning Documentary of the Op Paul Revere contest. It's creator implements an App that can be used on IOS and Andro...
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Breaking News from S.E.R.C.E
Breaking News from S.E.R.C.E
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What is the Value and Purpose of Sharing?

What is the Value and Purpose of Sharing? | Breaking News from S.E.R.C.E | Scoop.it
In the history of humankind, with the possible exception of the Gutenberg Press, there has not been a more disruptive advance in…
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The US Equity Bubble Depends On Corporate Buybacks

The US Equity Bubble Depends On Corporate Buybacks | Breaking News from S.E.R.C.E | Scoop.it
Last month in “Who Is Buying?”, we pointed out the glaring disconnect between aggressively negative equity flows and record highs on the S&P and Nasdaq. With some corporate management teams still stuck in buyback blackout limbo, it seemed strange that equities were still being bid given that share repurchases are set to be the biggest catalyst for US stocks in 2015 (as a reminder, Goldman sees pension funds and households combining for outflows in excess of $400 billion). 
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Homeland Security Chief Admits He Doesn’t Understand 4th Amendment

Homeland Security Chief Admits He Doesn’t Understand 4th Amendment | Breaking News from S.E.R.C.E | Scoop.it
During a hearing Homeland Security head Jeh Johnson admitted Wednesday that he doesn’t know or understand the laws covered by the Fourth Amendment.

Johnson was appearing at a Senate gathering on the government’s surveillance capabilities and authority, specifically regarding obtaining records from telephone companies without a warrant.
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Silver Price and iShares Silver Trust (SLV) Going to $12

Silver Price and iShares Silver Trust (SLV) Going to $12 | Breaking News from S.E.R.C.E | Scoop.it
We are silver bulls! Yes, that’s true. But before we make some money we will most probably lose some. $12 silver is a real possibility! Hedge Funds Wrong Again. Same as with Oil
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The Financial Markets Now Control Everything

The Financial Markets Now Control Everything | Breaking News from S.E.R.C.E | Scoop.it
The financial markets don't just dominate the economy--they now control everything. In 1999, the BBC broadcast a 4-part documentary by Adam Curtis, The Mayfair Set ( Episode 1: "Who Pays Wins" 58 minutes), that explored the way financial markets have come to dominate not just the economy but the political process and society.
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Dead Money US$; The OIS Disappearance

Dead Money US$; The OIS Disappearance | Breaking News from S.E.R.C.E | Scoop.it

In taking the lessons of OIS in 2007-08 to analysis, the immediate approach would be for skepticism about OIS in isolation right from the start. To that end, LIBOR-OIS suggests absolutely nothing out of the ordinary by itself.

Joe Russo's insight:

OIS = Overnight Index Swap: http://www.alhambrapartners.com/2015/04/28/dead-money-us-the-ois-transformation/

 

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Negative interest rates put world on course for biggest mass default in history

Negative interest rates put world on course for biggest mass default in history | Breaking News from S.E.R.C.E | Scoop.it
Here’s an astonishing statistic; more than 30pc of all government debt in the eurozone – around €2 trillion of securities in total – is trading on a negative interest rate.
Joe Russo's insight:

Another sign of the times...

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The End Is Near: The “War On Cash”

The End Is Near: The “War On Cash” | Breaking News from S.E.R.C.E | Scoop.it
As the saying goes, you can know a person by the quality of his or her enemies. This is also true of societies, where moral evolution can be traced by simply listing the things on which they declare war. Not so long ago, for instance, the world’s good guys — the US, Europe’s democracies and a few others — fought existential battles against fascism and communism. Then they went after poverty and discrimination. They were, at least in terms of their ideals, on the side of personal freedom and opportunity and against institutionalized control.
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Japan Needs A Bigger Hole?

Japan Needs A Bigger Hole? | Breaking News from S.E.R.C.E | Scoop.it
Japan continues to provide the best refutation of monetary policy as anything other than destructive. With its economy stripped bare of dynamic essentials after thirty years of the Bank of Japan’s “lead”, marginal changes are left as remnants of nothing more than monetary transmission. In the space of QQE, that has used up and destroyed what was left of Japan’s once-dominant trade position, leaving the economy to hollow out from the inside as Japan Inc transfers to Offshore Inc.
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Conflict and Commonality Between Multilateralism and Democracy

Conflict and Commonality Between Multilateralism and Democracy | Breaking News from S.E.R.C.E | Scoop.it
With the increasing socioeconomic tension in the United States, it is reasonable to expect that the population could begin to see the scaling back of police state methodology and the beginnings of a more democratic process which reflects the growing demand for fair and equitable representation.
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How This Debt-Addicted World Could Go The Way Of The Mayans

How This Debt-Addicted World Could Go The Way Of The Mayans | Breaking News from S.E.R.C.E | Scoop.it
Nowadays many countries’ social and political structure relies on debt-driven consumption and increasing levels of entitlements.

Blame the policy makers. To drive economic growth, boost living standards, and manage growing inequality, policy makers have used debt and monetary tools to create economic activity. This has resulted in excessive borrowing and imbalances in global trade and capital.

Governments played a part, too, allowing the buildup of social entitlements to win or maintain office. Private companies also encouraged the growth of employee benefits to avoid immediate pressure on wages as well as boost current earnings and share prices.
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Gold as the Monetary Cosmos' Sun

Gold as the Monetary Cosmos' Sun | Breaking News from S.E.R.C.E | Scoop.it
Whenever I am in Amsterdam, I go to a bookstore and browse the second-hand shelves in the economics section. Recently I found two books by Dr. Jelle Zijlstra: “Dr. Jelle Zijlstra, Conversations and Writings” (1979, second edition) and “Per Slot Van Rekening” (1992, fifth edition). The latter title is a Dutch figure of speech that may be translated as “The Final Settlement.”
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Negative Interest Rates: The Black Hole of The Financial System

Negative Interest Rates: The Black Hole of The Financial System | Breaking News from S.E.R.C.E | Scoop.it
A black swan event is a metaphor for an enormous problem that develops underneath the surface and then suddenly puts the whole financial system at risk. The financial crisis of 2008 was a black swan event, for example, that slowly developed in the US real estate market where excess had ruled in the years before.
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The Black Swan 99% of Analysts Don’t See Coming

The Black Swan 99% of Analysts Don’t See Coming | Breaking News from S.E.R.C.E | Scoop.it
Let’s talk briefly about China.
 
China is thought to be the great growth story of the post-2008 era. China’s economy not only bottomed before the developed world, but by most accounts, China was thought to be the engine that pulled the world out of recession, thanks to its near-clocklike hitting of 7%+ in GDP growth per year.
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#ResistFinance

#ResistFinance | Breaking News from S.E.R.C.E | Scoop.it
Despite the radical alteration as to what is taught in “business” schools, credit is not capital and it will never be. No amount of math will make it so, but the longer it remains operative the greater the potential we all end up with something even worse.
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Think Different About Purchasing Power

Think Different About Purchasing Power | Breaking News from S.E.R.C.E | Scoop.it
The dollar is always losing value. To measure the decline, people turn to the Consumer Price Index (CPI), or various alternative measures such as Shadow Stats or Billion Prices Project. They measure a basket of goods, and we can see how ...
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One Heckuva Bull Market

One Heckuva Bull Market | Breaking News from S.E.R.C.E | Scoop.it
The current equities bull run seems unstoppable. No amount of geopolitical concerns, Greek default fears, rate hikes, US dollar strength, crude oil price volatility, Russian sanctions or whatever else you can think of can put a dent on it.We got a little cautious in mid-February given some pretty significant divergences with key market internals and credit indicators. For instance the advance-decline line (cumulative weekly up issues minus down issues in NYSE and NASDAQ combined) was suggesting
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Charting the American Oligarchy – How 0.01% of the Population Contributes 42% of All Campaign Cash

Charting the American Oligarchy – How 0.01% of the Population Contributes 42% of All Campaign Cash | Breaking News from S.E.R.C.E | Scoop.it
This is probably one of the most important posts I’ll write all year. The reason is because in order to displace the current paradigm, the public needs to deeply and intellectually understand exactly where the real cancer resides.
Joe Russo's insight:

Good definition of Oligarch within this piece along with other insightful and troubling statistics.....

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The Flash Crash Trader Has Strong Defense Witnesses

The Flash Crash Trader Has Strong Defense Witnesses | Breaking News from S.E.R.C.E | Scoop.it
By Pam Martens and Russ Martens: April 29, 2015 CME Group Executive Chairman Terry Duffy Disputes the Government's Case Against the Flash Crash Trader in a
Joe Russo's insight:

Interesting coverage of a serious and pressing topic -

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USA Network's new show has f-bombing ad campaign

USA Network's new show has f-bombing ad campaign | Breaking News from S.E.R.C.E | Scoop.it
USA Network’s marketing campaign for its new hacker drama Mr. Robot is pretty blunt: “F–k Wall Street,” “F–k Society,” “F–k Social Media,” “F–k the System.” 
Joe Russo's insight:

Sadly, a reflection of the times in which we live...

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Just Another Hedge Fund

Just Another Hedge Fund | Breaking News from S.E.R.C.E | Scoop.it
On September 21, 2008, Goldman Sachs announced its intention to become the then-fourth largest bank holding company, bringing it under the Federal Reserve’s regulatory umbrella. The timing of the change makes perfect sense, a week after Lehman triggered an ongoing panic, but in the perspective of wider systemic arrangements it was an odd attempt at resolution. With Merrill Lynch cold-fused with Bank of America and Lehman being torn by the wolves of insolvency and bankruptcy, there weren’t to be any investment banks left.
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John Deere's Weird Idea of 'Ownership'

John Deere's Weird Idea of 'Ownership' | Breaking News from S.E.R.C.E | Scoop.it
It's official: John Deere and General Motors want to eviscerate the notion of ownership. Sure, we pay for their vehicles. But we don't own them. Not according to their corporate lawyers, anyway.
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Why the Fed Will Crash the Economy If It Hikes Rates: In Three Charts

Why the Fed Will Crash the Economy If It Hikes Rates: In Three Charts | Breaking News from S.E.R.C.E | Scoop.it
If you’ve been scratching your head since the middle of last year as consumer confidence surveys depicted an optimistic, eager to spend consumer while other hard economic data was showing a sputtering economy, we’re here to put your mind to rest. You’re not crazy. The U.S. economy is dramatically diverging from where most consumers think it is and we have three charts to prove it.
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Down The Rabbit Hole

Down The Rabbit Hole | Breaking News from S.E.R.C.E | Scoop.it
For those of a certain age there is little mystery as to Grace Slick’s inspiration for White Rabbit. Or at least we don’t think so but then things are not always as we perceive them to be. Alice in Wonderland, the story that is the inspiration for Grace Slick’s composition, can be seen as merely a nonsensical children’s story. Or as a warning about the inevitable loss of one’s innocence. Or as a cautionary tale about the sometimes meaningless and nonsensical puzzles that life presents us and the futility of trying to solve them. So was Grace Slick singing about the psychedelia of the sixties or just longing for the innocence of her childhood or shamelessly pandering to an audience to sell records? With the myth that has grown up around the song, we are unlikely to ever know the truth. As for Jabberwocky, a poem that appears in the sequel to the original Alice story, I don’t have any idea what Carrol was getting at with that bit of whimsy. Sometimes nonsense is just nonsense.
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Old Fashioned In Europe

Old Fashioned In Europe | Breaking News from S.E.R.C.E | Scoop.it
The theme this week has been one of killing currencies, or monetary genocide, as that seems to be reaching once-believed improbable levels of descent. While not specifically a self-contained series, the prior pieces, which are relevant to this discussion, are here,here and here. My intent so far as this angle is far more speculative, looking ahead at projecting a possible, or many possible, end point(s). This relates to the overriding governing dynamic that I believe defines our time, in both the financial and real economic realms. It is the supercycle; the rise and now fall of the eurodollar standard.
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Repo And Interbank Revelations

Repo And Interbank Revelations | Breaking News from S.E.R.C.E | Scoop.it
There was no third consecutive quarterly liquidity event on April 15, but I think there was an observation of the same systemic crack that just didn’t, this time, go anywhere. I have been highlighting repo rates particularly during April where GC rates failed to reset as they had done after every other quarterly window dressing. This time was already notable as the quarter-end surge in GC was completely out of line with anything else really going back to 2009, which raised suspicion to begin with. That repo rates lingered in an elevated position suggested either that regular, systemic problem or a hint at an entirely new repo regime perhaps related to a resetting of interbank hierarchy in anticipation to and of the end of ZIRP.
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