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'Warned 2000 tech slide; predicted 2008 meltdown in 2007. Forecasted 2020 global economic collapse in 2011, AND NOW- BY 2050 - THE MOTHER OF ALL CRASHES"

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A #TALE OF TWO CITIES - #ECONOMICS AND #SCIENCE COLLIDE

  SURREAL ECONOMICS OR CONCRETE SCIENCE? ORIGINAL POST It  was the best of times, it was the worst of times, it was the age of wisdom, it wa...

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Saturday 16 April 2016

EYE on the World - 15 April 2016


"Going Beyond The Mainstream"  


Impactful Week With Some Buzziness! 

 

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 Russian Jets
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Buzzing US Warships  


Close encounters of another kind.

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"These actions have the potential to unnecessarily escalate tensions between countries, and could result in a miscalculation or accident that could cause serious injury or death.”                                                The Guardian


Russian attack jets buzz US warship in riskiest encounter for years

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 Harvard Study: Now Methane Causes Worse Impact on Climate

WHO BATS LAST?

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That’s why last month’s Harvard study came as such a shock. It used satellite data from across the country over a span of more than a decade to demonstrate that US methane emissions had spiked 30 percent since 2002. The EPA had been insisting throughout that period that methane emissions were actually falling, but it was clearly wrong—on a massive scale. In fact, emissions “are substantially higher than we’ve understood,” EPA Administrator Gina McCarthy admitted in early March.

THE NATION

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GOLDMAN SACHS - Not Too Big to Jail


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​ It's about TIME

Goldman Sachs Group Inc (GS.N) has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the U.S. Department of Justice said on Monday.

The settlement, which Goldman disclosed in January, stems from the firm's conduct in packaging, securitization, marketing and sale of residential mortgage-backed securities between 2005 and 2007, the Justice Department said.
​REUTERS​

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FED's Four Horsemen Bring Economic Dark Ages
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NOT A FOOTBALL TEAM THIS TIME   


​"​
I
f the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…I believe that banking institutions are more dangerous to our liberties than standing armies…The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
​"​
- Thomas Jefferson, 1802

Chevron CEO Says Markets Normalizing???


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 Crude oil markets are coming back into "better balance" as supplies are cut back in response to lower prices, Chevron Chief Executive Officer and Chairman John Watson said Tuesday.


The oil industry in early 2015 responded to lower revenue by reducing spending on long-cycle projects, Watson told journalists on the sidelines of the LNG 18 conference in Perth, Western Australia.
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Buddy, you really call this looking good??? 


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