Category Archive: 5) Global Macro

My Crazy $17,000 Target for Bitcoin Is Looking Less Crazy

The basis of this admittedly crazy forecast was simple: capital flows. I think we can all agree that bitcoin (BTC) is "interesting." One of the primary reason that bitcoin (and cryptocurrency in general) is interesting is that nobody knows what will happen going forward. Unknowns and big swings up and down are characteristics of open markets.It's impossible to forecast bitcoin's future price because virtually all the future inputs are unknown.

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The Asymmetry of Bubbles: the Status Quo and Bitcoin

Regardless of one's own views about bitcoin/cryptocurrency, what is truly remarkable is the asymmetry that is applied to questioning the status quo and bitcoin. As I noted yesterday, everyone seems just fine with throwing away $20 billion in electricity annually in the U.S. alone to keep hundreds of millions of gadgets in stand-by mode, but the electrical consumption of bitcoin is "shocking," "ridiculous," etc.

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Donald Trump’s big test in 2018 | The Economist

Donald Trump will face his biggest test as president in November 2018. A bad result in the mid-term elections could lead to his impeachment. Can Mr Trump unite and rally Republican voters? Click here to subscribe to The Economist on YouTube: http://econ.st/2zPS0MH In November 2018 President Donald Trump will face his biggest political test yet …

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Keiser Report: Fetid Swamp of US Tax Reform (E1156)

Check Keiser Report website for more: http://www.maxkeiser.com/ In this episode of the Keiser Report, Max and Stacy discuss the housing crisis as wealth transfer. In the second half, Max interviews Charles Hugh Smith of OfTwoMinds.com about the fetid swamp of tax reform. WATCH all Keiser Report shows here: http://www.youtube.com/playlist?list=… (E1-E200) http://www.youtube.com/playlist?list=… (E201-E400)...

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Fading Black Friday

Black Friday was once the king of all shopping. A retailer could make its year up on that one day, often by gimmicking its way to insane single-day volume. Those days, however, are certainly over. Though the day after Thanksgiving still means a great deal, as the annual flood of viral consumer brawl videos demonstrate, it’s just not what it once was.

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Charles Hugh Smith sheds interesting light upon cause of the retail apocalypse

While much has been written about the massive retail decline in America, Charles Hugh Smith sheds interesting light upon another core cause of the retail . Charles Hugh Smith ( Sep 11, 2017 ) – sheds interesting light upon cause of the retail apocalypse #charleshughsmithhealthcare #charleshughsmithpodcast. While much has been written about the massive retail …

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Can extreme poverty ever be eradicated? | The Economist

Poverty rates have fallen faster in the past 30 years than at any other time on record. The UN wants extreme poverty to disappear by 2030. We assess the data to see if this is achievable. Click here to subscribe to The Economist on YouTube: http://econ.st/2AfBchr It is estimated that somebody escapes extreme poverty every …

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The Economy Will Rollover Charles Hugh & The Central Bankers Are Going To Shutoff The Spig

Today’s Guest: Charles Hugh Smith Websites: Of Two Minds Books: All of his books can be . The Central Bankers Are Going To Shutoff The Spigot And The Economy Will Rollover Charles Hugh. The Central Bankers Are Going To Shutoff The Spigot And The Economy Will Rollover Charles Hugh. Thanks for ing. The Central Bankers …

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Emerging Market Preview: Week Ahead

EM FX ended the holiday-shortened week on a soft note. While most were up on the entire week, notable laggards were TRY, CLP, and ZAR. All three currencies underperformed due to rising political risks, and we suspect that will continue. We believe MXN and BRL are likely to rejoin the laggards in the coming days.

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Addictions: Social Media & Mobile Phones Fall From Grace

Identifying social media and mobile phones as addictive is only the first step in a much more complex investigation. For everyone who remembers the Early Days of social media and mobile phones, it's been quite a ride from My Space and awkward texting on tiny screens to the current alarm over the addictive nature of social media and mobile telephony.

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[ Jeffrey Snider ] Evolution of Eurodollars, Money as interbank liabilities

Jeffrey Snider: Eurodollar University Part 1 — How Dollar becomes ‘Dollar’ — Bankers’ Acceptances — The Evolution of Eurodollars — Where do Eurodollars . [ Jeffrey Snider ] — Evolution of Eurodollars, Money as interbank liabilities – update 2017. Jeffrey Snider: Eurodollar University Part 1 — How Dollar becomes . Jeffrey Snider: Eurodollar University Part …

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Durable Goods Only About Halfway To Real Reflation

Durable goods were boosted for a second month by the after-effects of Harvey and Irma. New orders excluding those from transportation industries rose 8.5% year-over-year in October 2017, a slight acceleration from the 6.5% average of the four previous months. Shipments of durable goods (ex transportation) also rose by 8% last month.

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Charles Hugh Smith – The Entire Economic System Is One Big Illusion

SUBSCRIBE for Latest on FINANCIAL CRISIS / OIL PRICE / PETROL / GLOBAL ECONOMIC COLLAPSE / AGENDA 21 / DOLLAR COLLAPSE / GOLD / SILVER / BITCOIN / ETHEREUM / LITECOIN / GLOBAL RESET / NEW WORLD ORDER / ECONOMIC COLLAPSE / DAVOS 2018

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Beware the Marginal Buyer, Borrower and Renter

When times are good, the impact of the marginal buyer, borrower and renter on the market is often overlooked. By "marginal" I mean buyers, borrowers and renters who have to stretch their finances to the maximum to afford the purchase, loan or rent.

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Charles Hugh Smith Trump’s Secret Plan For America & Why The Deep State Is Trying To Stop

Charles Hugh Smith Trump’s Secret Plan For America & Why The Deep State Is Trying To Stop It. Charles Hugh Smith Trump’s Secret Plan For America & Why The Deep State Is Trying To Stop It Subscribe & More Videos: Thank for . Charles Hugh Smith Trump’s Secret Plan For America & Why The Deep …

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ALERT!!! CHARLES HUGH SMITH Central Banks will close and Currency will change

SUBSCRIBE for Latest on FINANCIAL CR / OIL PRICE / PETROL/ GLOBAL ECONOMIC COLLAPSE / AGENDA 21 / DOLLAR COLLAPSE / GOLD / SILVER . ALERT!!! CHARLES HUGH SMITH Central Banks will close and Currency will change ———————————- ▻ Help Finance News reach 1000 subscribers: . CHARLES HUGH SMITH – Central Banks will close and …

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Are Americans trashing the English language? | The Economist

Britons often grumble that Americanisms are creeping into British English. Lane Greene, our language guru, asks where American words really come from—and whether they pose a threat to the Queen’s English. Click here to subscribe to The Economist on YouTube: http://econ.st/2AqhBvU Are American’s trashing the English language? The Economists language expert, Lane Greene, knows a …

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Welcome to the startup jungle | The Economist

Most new companies fail. What does it take for young entrepreneurs around the world to thrive in a startup hub? Click here to subscribe to The Economist on YouTube: http://econ.st/2A1ieeK Over the past two decades start-ups have changed the world. Multi-billion dollar companies like Google, Facebook, and Uber have shown the transformative power of entrepreneurship. …

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The 2018 World Cup could lead to conflict on and off the pitch | The Economist

The football World Cup in Russia will be the biggest sporting event of 2018. President Vladimir Putin will use the tournament to further his geopolitical goals. Click here to subscribe to The Economist on YouTube: http://econ.st/2zZwxAg In 2018, the eyes of the world will be on Russia. The country will host what is set to …

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Bi-Weekly Economic Review: A Whirlwind of Data

The economic data of the last two weeks was generally better than expected, the Citigroup Economic Surprise index near the highs of the year. Still, as I’ve warned repeatedly over the last few years, better than expected should not be confused with good. We go through mini-cycles all the time, the economy ebbing and flowing through the course of a business cycle.

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