Friday, February 28, 2020

We should ditch GDP as a measure of economic activity

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by Alasdair Macleod, GoldMoney:

This article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an increase in GDP as economic growth owes its meagre validity to imprecise definition. An economy does not grow, only the quantity of fiat currency deployed grows. A successful economy progresses our condition, our wealth, our standards of living. The evolution of misleading statistics such as GDP to their current condition is only governed by their usefulness to governments, not as an objective development of sound theory by seekers of truth.

Leland Keyser Issues Statement In First Public Appearance – : “DID NOT Corroborate Ford’s Story,” “Completely Blindsided,” “Ford Threw Her Under the Bus”

by Pamela Geller, Freedom OutPost:

A family member close to Keyser, 52, said: “Christine didn’t give her so much as a heads up – as far as I know they haven’t really spoken for several years and they’re certainly not close anymore.”

Christine Blasey Ford named Leland Keyser as her number one corroborating witness of the “sexual assault” charge close to 40 years ago, while they were both in high school, that she flung at Honorable Judge Brett Kavanaugh. There is no evidence, no witnesses (even though this act of horseplay took place at a party). Ford isn’t sure where it was, when it was, how she got there, how she got home, or why she never spoke of Kavanaugh for 40 years.

Greece, Extending and Pretending for Eight Years Strong – Nathan McDonald (04/10/2018)

by Nathan McDonald, Sprott Money:

Time flies when your having fun printing copious amounts of fiat paper money out of thin air.

It seems like just yesterday, in which the World was nervously biting their nails, as they watched the Greece credit crisis unfold, with one disaster after the other following in rapid succession.

Riots raged in the streets and Greece was on the verge of anarchy.

It was during this time period, eight years ago, in which I wrote a series of articles, chronicling the madness that was afflicting Greece, showcasing how the European Union was desperately strong arming the government of Greece, in an attempt to get them “back in line” and to keep them in the European Union at all cost.

An Update from Batchelor and Cohen

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by Turd Ferguson, TF Metals Report:

Professor Cohen returned last evening to join John Batchelor for a comprehensive update on the New Cold War. Please be sure to listen to these podcasts.

The discussion begins with an update on the Skripal poisoning and then transitions into other events of the New Cold War..which is not so “new” anymore and only seems to be getting worse.

  • Threats of war from US diplomats
  • Ongoing events in Syria
  • Worsening events in Ukraine
  • The shootdown of that Russian plane during Israel’s recent attack into Syria

Is the White Male Victimizer or Victim?

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by Paul Craig Roberts, Paul Craig Roberts:

In my October 2 column I pointed out the disparity in treatment of the male football coach at the University of Massachusetts and a radical feminist professor at Georgetown University. https://www.paulcraigroberts.org/2018/10/02/the-white-heterosexual-male-has-been-renditioned-to-the-punishment-hole/

The disparity is amazingly extreme. The football coach had no intention of offending anyone when he used the word “rape” to express his opinion that his players had lost the game due to home team officiating. However, the Georgetown feminist professor had every intention of offending the male members of the Senate Judiciary Committee and the Supreme Court nominee when she said:

The Fed’s QE Unwind Reaches $285 Billion

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by Wolf Richter, Wolf Street:

The “up to” begins to matter for the first time.

The Fed released its weekly balance sheet Thursday afternoon. Over the four-week period from September 6 through October 3, total assets on the Fed’s balance sheet dropped by $34 billion. This brought the decline since October 2017, when the QE unwind began, to $285 billion. At $4,175 billion, total assets are now at the lowest level since March 5, 2014:

France Launches Investigation Into Disappearance Of Interpol Chief

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from ZeroHedge:

Did the Chinese government just ‘disappear’ the head of Interpol?

In a troubling development that could destabilize Interpol, an international agency responsible for coordinating law-enforcement cooperation to track down international criminals, French police have opened an investigation into the disappearance of Interpol chief Meng Hongwei, a Chinese national who formerly held senior public security positions within the Chinese government. Meng never returned to Lyon, the location of Interpol’s headquarters, after visiting family in China.

Turmeric is nutritional “gold” for your brain

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by Isabelle Z., Natural News:

The Indian spice turmeric has been getting a lot of attention lately for its health benefits, and many people now take turmeric supplements regularly for their anti-inflammatory effects. However, did you know that curcumin, the main bioactive component in turmeric, has outstanding benefits for the brain? It boasts several brain-friendly properties that are earning it the nickname of nutritional “gold” for your brain.

There are a lot of ways that curcumin enhances brain health. Because it boosts the flow of blood to your brain, it can improve your concentration and memory. In fact, one study found that a single dose of curcumin led to significant improvements in healthy senior citizens’ working memory and attention in the space of just an hour. Another study concluded that curcumin supplements can improve blood flow just as well as physical exercise.

The Kavanaugh Charade Backfires: Can Michael “Mussolini” Bloomberg buy the Senate?

by Harley Schlanger, LaRouche PAC:

As the FBI completed its background investigation, reporting that they found no corroboration for Christine Blasey Ford’s disgustingly fraudulent national soap show, the Democrats stepped forward to announce that the FBI’s investigation had been hampered by the fact that it did not examine the numerous extraneous witnesses they have produced to say that Kavanaugh drank a lot in high school and college, or that they heard rumors about one or more of the “wild sex man while drunk” fake and, somewhat physically impossible, allegations.