Futures studies or foresight (previously known as futurology) is the study of postulating possible, probable, and preferable futures and the worldviews and myths that underlay them. — Wikipedia (2010)
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03/03/13 Why the Elitists Fear the Results of the Italian ElectionEconomicPolicyJournal comments: Zero Hedge comments on the elitist position taken by The Economist: [It's] The Economist’s turn to provoke well over half of Italy, by alleging that in not voting for technocratic, Goldman-appointed oligarchs who promote solely the banker backer … Continue reading |
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02/03/13 What Do the Bank of Japan, China’s Government and the Fed Have in Common?Graham Summers writing for GainsPainsCapital: As we’ve noted in recent articles, the US Federal Reserve has blown another bubble in stocks and facilitating the exact same risk-taking behavior that brought about the 2008. The Fed realizing that it’s done this, … Continue reading |
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02/03/13 The Point of Investing in Precious MetalsAs Simon Black puts it: “The point of precious metals isn’t to invest or speculate. You don’t buy an ounce of gold hoping to sell it for more paper currency down the road. Rather, you buy gold to get rid … Continue reading |
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01/03/13 Warning: Stocks Likely to Crater From Here Losses of over 50% (!) may be in storeby Chris Martenson I don’t relish the job of constantly pointing out the risks to the equity markets. But since few on Wall Street seem willing (or able) to do this, I’m “making the call” for a market correction, as … Continue reading |
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28/02/13 Death from a swarm of tiny drones: U.S. Air Force releases terrifying video of tiny flybots that can can hover, stalk and even kill targetsAir Vehicles Directorate at Wright-Patterson Air Force Base in Dayton, Ohio, is already developing prototypes of tiny drones that can hover The Micro Air Vehicles will work in swarms to provide complex surveillance of a battlefield They can also be … Continue reading |
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28/02/13 The Fed Has Set Us Up For the Crash of 2013Graham Summers writing for GainsPainsCapital: Having pumped the system with liquidity non-stop since the Crash of 2008, the Fed now realizes it’s in big trouble and needs to manage down expectations of further stimulus. As we noted earlier this year, … Continue reading |
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28/02/13 How the End of Empire comes, not with a bang, but with a whimperby Tim Price for SovereignMan: When Moody’s downgraded the UK’s sovereign credit rating last week it was something of an anti-climax. The ratings agencies long ago lost what little credibility they ever had. Being downgraded by Moody’s is like being … Continue reading |