Global Financial System Showing Danger Signs

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I won’t get in to all of the potentially destabilizing geopolitics around the globe today. There are too many to list. But, we’re entering undiscovered country here.

Joe Kennedy exited the stock market in timely fashion after a shoeshine boy gave him some stock tips. He figured that when the shoeshine boys have tips, the market is too popular for its own good.

Will we ever learn?

Nine years of emergency money has had a string of perverse effects and lured emerging markets into debt dependency, without addressing the structural causes of the global disorder.

via ‘Perfect storm’: Global financial system showing danger signs, says senior OECD economist

A Dress Rehearsal for Democracy’s Funeral

A photograph of Ivanka, Melania, and the Donald meeting with Pope Francis. Ivanka and Melania wear dour expressions on their faces, while Donny is grinning ear to ear.
From left, Ivanka, Melania, Donny, with his holiness Papa Francesco.

One of the people in this photo is clueless. Can you figure out who?

I’m not terribly familiar with protocol for meeting with the holy father. But this photo is still striking. Such contrast. Donny’s grin is exceptionally out of place here. And Fred Trump (Donny’s dad) was no fan of the Roman Catholic church.

To quote Dubya, it’s another instance of “some weird shit, man.”