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 H/T to my sister, Kelly Harris, for this break from the political and economic mess. "This is the most beautiful picture I have ever seen of the love between a father and his son. Look how Andrea lights up when he hears his son's voice; how Matteo smiles at his father even though his father can't see him." The chorus is fantastic, "I close my eyes, and I'm seeing you everywhere."  With H/T to Will Wohler and Gary North...
The prescient Richard Maybury has written recently about the dangers of the internet in its current form and its likely replacement. That day may have arrived even sooner than Maybury expected! KWM Per Gary North: Tim Berners-Lee invented the Web in 1990. Now he is trying to take it back from the big corporations and the government. Here is the story: http://bit.ly/DecentralizedWeb Here is his press release: https://www.inrupt.com/blog/one-small-step-for-the-web Anyone can sign up now. Lock in your name. These addresses will fill up fast. https://solid.inrupt.com 
THE FELDER REPORT: Taking The Financial Road Less Traveled The team over at RealVision just put up this must watch video with one of the true legends of Wall Street. If, for some crazy reason, you don't have a subscription, check out this synopsis.  The Wall Street crash of 1929 rocked America, leading to the Great Depression.. Hat tip to GoldSilver.com.
Former Chairman of the White House Council of Economic Advisors, Professor Martin Feldstein, described a bleak scenario akin to the depressions of the 1870s or the Thirties. He warned that a decade of super-low interest rates and monetary stimulus by the US Federal Reserve has pushed Wall Street equities to nosebleed levels that no longer bear any relation to historic fundamentals. Click here to read more.  Hat tip to Laurent Garcia for this terrific find. Godfrey Bloom MEP delivers a short but devastating send-up of the basic criminality inherent in central banking and fractional reserve banking!  The author of "The Dao of Capital", Mark Spitznagel, speaks about the negative impact of interest rate manipulations by central banks. Mark Spitznagel, Universa Investments LP founder, discusses the lessons learned from the 2008 financial crisis. He speaks with Bloomberg's Erik Schatzker. (Source: Bloomberg). Click here for the video.  President Trump has played the Canadian leadership like a fiddle. By focusing on the 300% dairy tariffs, financially irrelevant to the US economy but a Canadian sacred cow (pun intended, thank you), and by means of an unethical media who would almost certainly leak his “off the record” comments, POTUS has backed the Canadian PM into a political corner. The reason is that President Trump wants Canada to reject the NAFTA modifications. Otherwise, he wouldn’t have political support in the U.S. to do what he intends to do to Canada. The strategic goal is the recovery of U.S. auto manufacturing, a $100b industry, that has been lost to Canada under NAFTA. President Trump wants to recover that industrial base by placing a 25% tariff on Canadian autos. This will encourage manufacturers to shift production back to the U.S. and the bulk of future manufacturing investments will ignore Canada in favor of direct access to the massive U.S. market. Along with all of the ancillary manufacturing and supply firms, this will foster an economic renaissance in the U.S. “rust belt” and deliver a devastating blow to Canada’s economy over the next decade. Canadian PM Trudeau and Foreign Minister Freeland thought they had the upper hand to block President Trump by allying with their counterparts in Europe and Mexico. So they boldly played anti-Trump politics to strengthen their domestic TDS base…but Trudeau and Freeland were not intelligent enough to realize they were actually giving Trump an excuse to hit them with an aggressive auto tariff. Trudeau never had a chance against Trump. Now that both the EU and Mexico have abandoned Canada and cut deals directly with the U.S., serious analysts in Canada have woken up to the massive losses the Canadian economy faces by Trudeau’s decision to reject a fair deal with the U.S. when they had the chance. Click here for more... |
AuthorKevin Massengill is an entrepreneur, investor, and award winning Fortune 500 senior executive with a track record of massive business growth. 
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