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See original article: Google Unveils Self-Driving Car, No Steering Wheel, No Accelerator, No Brake Pedal; Self-Driving Taxi Has Arrived
Interview With James Rickards, Author of "The Death of Money" Posted by Michael Shedlock at 4:25 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Reuters reports Bank of Japan, more confident about recovery, quietly eyes stimulus exit . The Bank of Japan has begun shifting its focus from supporting growth to ways of phasing out its massive stimulus, taking first tentative steps towards a potentially momentous move for the world economy.
Former Bundesbank Vice-President Recommends Gold, Says Current Economic System is "Pure Fiction" Anyone who is thinking clearly knows the economic system fostered by central banks is totally and completely out of control. Repetitive rounds of QE, competitive currency debasement, interest rates at zero, and sponsorship of the internet bubble followed by the housing bubble, followed by the current stock market bubble is proof enough. So, what I am about to report is really nothing but common sense, except for the fact that it comes from an unusual place, where one does not normally hear such discussions
Are Mortgage Credit Conditions "Tight"? A statement in regards to credit condition in a Bloomberg article this morning on New Home Sales caught my attention and merits further investigation. Here is the statement in question: " Builder optimism has eased as well, reflecting still-tight credit conditions and limited availability of lots
± 18.2 ± 22.3 Year-over-year, the US is down, the South is down, the Northeast is down, and the West is down. Only the Midwest is up. And please note the exceptionally wide confidence levels for Midwest sales. The Census bureau adds these additional notes "Changes in seasonally adjusted statistics often show irregular movement.
View original post here: Existing Home Sales "Rebound": Headline Hype vs. Reality
Read More: Is There a Shortage of Skilled Workers? My Own Personal Experiences
Today, the Financial Times reports NY Fed President Floats Change to Exit Strategy One of the US Federal Reserve’s most influential officials has called for a change to its exit strategy from easy monetary policy. William Dudley, president of the New York Fed, said the central bank should keep reinvesting in its mortgage portfolio until after it raises interest rates. The current exit strategy calls for stopping reinvestment before rates go up.
See original article: ProtonMail – Easy to Use Email So Secure NSA Cannot Break It; What About NSA Other Attacks?