Author Archive | Tyler Durden

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2017.08.11xijinping_0-5e7a53896656f2cab9eeb54abbcf4de4d0afbcf9

China Warns Trump: “We Will Back North Korea If The US Strikes First”

All day Saturday, South Korea braced for a possible new missile test by North Korea as the provocative northern neighbor marked its founding anniversary, just days after its sixth and largest nuclear test rattled global financial markets and further escalated tensions in the region. Throughout the week, South Korean officials warned the North could launch […]

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“Worst Possible Choice For US Economy” – Peter Schiff Slams Plan To Repeal Debt-Ceiling

Authored by Peter Schiff via Euro Pacific Capital, Of all the absurd Washington pantomimes none has been as reliably entertaining and maddening as the annual debates to raise the debt ceiling. Although the outcome was always a foregone conclusion (the ceiling would be raised), the excitement came when fiscal conservatives bemoaned the perils of runaway […]

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2017.09.09facebook_1_0-ae5956883edd1ed6cb1245686c836050b653e438

Facebook Engagement-For-Hire Economy Has Generated More Than 100 Million Fake Likes

After Facebook CEO Mark Zuckerberg earlier this week confirmed allegations that the company had sold at least $100,000 of ads to a Russia-backed troll farm – igniting a firestorm of liberal sanctimony as pundits like Rachel Maddow proclaimed that they had finally found the “smoking gun” proving that Russians had swayed the election in President […]

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20170909_daca-bf64d98a302de2d64d0ae96479f5edd38e5682b4

(What’s Left Of) Our Economy: The Real ‘Dreamer Fakeonomics’

Authored by Alan Tonelson via Reality Check blog, If you’ve been following the heated national debate about President Trump’s decision to rescind former President Obama’s Deferred Action for Childhood Arrivals (DACA) program, you know that an economic conventional wisdom has been quickly established. It holds that, whatever you think about the legality, propriety, or morality […]

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20170909_btc_0-0fa6c0ed83591b18b52077ceb8fe4d5b1f198b82

Howard Marks Graciously Admits He Was Wrong: “Sees No Reason Why Bitcoin Can’t Be A Currency”

Billionaire investor (and self-professed “Bitcoin Dinosaur”) Howard Marks made headlines in July when he called Bitcoin a “unfounded fad.. a pyramid scheme” in one of his famous memos, igniting a firestorm of backlash from cryptocurrency advocates. However, in his most recent Oaktree Capital memo, Marks retracted his position after being educated by some of his Bitcoin-loving friends regarding […]

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20170908_mad_0-179a905ab502249198e3e70fad44e37997953666

Venezuela Is About To Ditch The Dollar In Major Blow To US: Here’s Why It Matters

Authored by Darius Shahtahmasebi via TheAntiMedia.org, Venezuelan President Nicolas Maduro said Thursday that Venezuela will be looking to “free” itself from the U.S. dollar next week, Reuters reports. According to the outlet, Maduro will look to use the weakest of two official foreign exchange regimes (essentially the way Venezuela will manage its currency in relation to other currencies […]

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