June 19, 2014
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Eternal Trust Number 37
By News DeskEternal Trust Number 37 The Financial Times investigates China’s precarious shadow banking system.
Hard hitting global and local news
Links US in Iraq: Geopolitical Arsonists Seek to Burn Region June 18, 2014 ( Tony Cartalucci – NEO ) – When a fire is raging, firefighters are called – not the arsonist who started it, especially if they return to the scene of the crime dragging a barrel of gasoline behind them.
Three Cheers for Starbucks, But … Earlier today, Starbucks announced a College Achievement Plan in which it will pay for its baristi and other employees to go back and finish their college degrees
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional.
Tweet Bit of an experiment. I’m interested in internal climate policy debates in other countries where someone prominent takes the same position the Republican leadership is taking today, that we should do nothing because foreign bogeyman is worse, except that the bogeyman is the US. It’s Indians and Chinese that the Republicans usually identify as the bogeymen, so they’d be the ideal examples
ZeroHedge picked up on this as well, in his post: The Great Insanity In Context (200 Years Of European Bonds) , citing France and Italy as well as Spain.
Tweet While fairly distrustful and always on the lookout for inside knife work, Eli has come to recognize that sometime you have to wait to the end to understand what has happened. This was the case, with the Monnett issue . There, even after it was explained to him, Michael Tobis was simply too full of good will to accept Eli’s explanation.
Female hurricanes are deadlier than male hurricanes PNAS 2014 : 1402786111v1-201402786. Eli’s POV is that this was pitched to the freakonomics crowd masquerading as journalists who were happy to roll with it. There are, as they say, issues, and Eli will simply outsource those to Jeremy Freese , Andrew  Gelman , Harold Brooks and Bob  O’Hara . Bottom line, as Brooks points out is that these clowns are building a model for a fictitious, but churn baiting effect. Why churn