Salient to Investors: David Stockman writes: Obama’s Keynesian policies are deplorable. The Iranian nuclear deal could mark a decisive turning point in rolling back US destructive interventionism and imperial pretensions in the Middle East and the world. Iran is not hell-bent on obtaining nuclear weapons as shown by the 2007 National Intelligence
READ MORE... →Salient to Investors: David Stockman writes: Germany has set fire to the Eurozone in order to save it. Lending another $96 billion to a bankrupt country makes no sense, while the fiscal targets set for Greece are ridiculous. Greece has a de facto public debt of $400 billion vs. $200 billion of GDP. Within days the
READ MORE... →Salient to Investors: Tyler Durden writes: The IMF has admitted Greece has an unsustainable debt problem. French PM Hollande’s sole focus in the Greek crisis was to preserve near-term stability and his job at any cost – he is guaranteed to lose the 2017 French elections. Once the current generation
READ MORE... →Salient to Investors: Gaurav Agnihotri writes: The short to medium-term outlook for oil is mostly bearish. The Iran nuclear agreement, Greece, high OPEC production, and China’s market turmoil make an oil price rebound highly unlikely in the near future. Low oil prices will most likely result in more job losses. The
READ MORE... →Salient to Investors: Harry Dent writes: All the signs point to the end of the global bubble. The greatest trigger will be the bursting of the massive, unprecedented China bubble. China’s stock market loss of 35% in less than 30 days signals its stock bubble has peaked: a drop of 30% to 40%
READ MORE... →Salient to Investors: Robert Parry writes: Iran is not the chief instigator of instability in the Mideast, but Israel, Saudi Arabia and the US. Iran is contributing to the stability of the region and at a minimum helping to avert the worst outcomes. In Iraq and Syria, Iran is supporting internationally recognized
READ MORE... →Salient to Investors: Paul Singer at Elliott Management said China’s debt-fueled stock market crash is way bigger than the US subprime mortgage crisis but may not be enough to cause a global financial market meltdown. Bill Ackman at Pershing Square Capital Mgmt said China is a bigger global threat than Greece by far, their stock
READ MORE... →Salient to Investors: Fareed Zakaria said: The Economist says Connecticut bankrolls the weaker states in America: 5% of their GDP over the last 20 years has been net income transfers to states like Mississippi and Alabama. Allen Cooperman says the nuclear deal will only take Iran from 2 months away
READ MORE... →Salient to Investors: Fareed Zakaria said: Singapore mandates ethnic diversity in all neighborhoods – over 80% of Singaporeans live in public housing. US efforts in the 50s and 60s to desegregate schools and integrate neighborhoods were largely abandoned by the 80s and America is now strikingly segregated. A UCLA study in 2014 said
READ MORE... →Salient to Investors: China last reported its gold reserves in 2009 at 1,054.1 tonnes, just 1% of the value of its foreign currency reserves, and less gold reserves than Germany, the IMF, Italy and France, and a fraction of those of the US. Bloomberg Intelligence believes China’s reserves exceed 3,510 tonnes,
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