Blogs

Civil unrest rising throughout the globe

 

 

This past weekend we saw more protests, this time in Paris and Rome, as the citizens continue to display their anger at corrupt governments, Many are questioning why there is so much civil unrest in the world today. In the West we tend to believe that it is only third world countries with dictators who would see such revolutions, but today it is all governments that need to fear their citizens.

Europe's top banks cut 80,000 more staff in post-crisis overhaul

 

 

(From Reuters)....Europe's largest banks cut their staff by another 3.5 percent last year and the prospect of a return to pre-crisis employment levels seems far off, despite the region's fledgling economic recovery.

Spurred into action by falling revenue, mounting losses and the need to convince regulators they are no longer "too big to fail", banks across the globe have shrunk radically since the 2008 collapse of U.S. bank Lehman Brothers sparked the financial crisis.

April 13, 2014 Quarterly Report

 

 

The April 13, 2014 Quarterly Report issue of the TREND letter has been sent to subscribers. 

Elon Musk's Hyperloop vs. world's fastest trains

 

 

CNN) -- Just how fast would the Hyperloop transportation system envisioned by entrepreneur Elon Musk have to be? Try more than twice as fast as the fastest commercial train in the world.

On Monday, Musk unveiled details about what he called a highly speculative project. But, when the guy speculating has already sent private rockets into outer space, you can't count him out.

April 6, 2014 Flash Report

 

 

The April 6, 2014 Flash Report has been sent to subscribers. 

US Secretly Created 'Cuban Twitter' to Stir Unrest

 

 

We have to wonder what damage the US government's insatiable thirst to spy on every person, corporation, and government on this planet will have on US technical companies. After the revelations from Edward Snowden about the NSA's spying, it is quite clear that virtually all US corporations are simply following the orders of the NSA and other USagencies, with absolutely no concern for individual privacy.

Yellen's speech analyzed

 

 

We studied Fed chair Janet Yellen's speech from this week, and it was a dovish speech to be sure. She used the word "recession" many times. Here are some snippets from her speech:

 

Flash Report

 

 

A new Flash Report has been sent to subscribers. 

Turkish banker hides $4.5 million in shoeboxes

 

 

From Bloomberg...

When Turkish police raided the Istanbul home of Suleyman Aslan in December, they found $4.5 million stashed in three shoe boxes and hidden in bookshelves.

The US spent $415.6 billion on interest payments last year just to service their debt

 

 

According to the US Treasury Department, so far this fiscal year (5 months into current fiscal), the US has spent $167,846,686,405.37 on interest payments to service their debt.  Here are the interest payments for the past 5 years:

2013 $415,688,781,248.40

2012 $359,796,008,919.49

2011 $454,393,280,417.03

2010 $413,954,825,362.17