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The means of defense against foreign danger historically have become the instruments of tyranny at home.
- James Madison


10/17/2017
NOTICE: DUE TO WORK ON NEW BOOK PROJECTS, NEXT WEBSITE POSTINGS WILL BE ON WEDNESDAY 10/18
10/13/2017
NOTICE: DUE TO WORK ON NEW BOOK PROJECTS, NEW WEBSITE POSTINGS WILL BE ON TUESDAYS AND FRIDAYS
10/13/2017
Morgan Stanley: Stock record ride ‘has reached epic proportions’
This is the last-stage ‘crack-up boom’ predicted by Ludwig von Mises that will end in the collapse of capital markets.  full article...
10/13/2017
Louise Yamada: Interest rates are entering the next supercycle
Wall Street’s premier technical forecaster, Louise Yamada, says the 36-year falling interest rate cycle is over. Rates are going up.  full article...
10/13/2017
EU ‘to plan’ for Brexit trade talks with UK despite deadlock



 full article...
10/13/2017
Mass electric vehicle adoption could lead to $10 oil
Big oil’s problem’s are a lot bigger with the rapid shift to electric cars.  full article...
10/13/2017
Saudi Arabia looks to shelve Aramco IPO
OPEC member Saudi Arabia may not go public because of concerns over OPEC price fixing.  full article...
10/13/2017
Deadliest wildfires in California’s history; at least 31 have died
Record heat, record cold, record rain, fires, floods, drought, etc. The earth changes are here.


 full article...
10/13/2017
Weeks after Hurricane Maria, clean water remains scarce in Puerto Rico
The earth changes are here.


 full article...
10/13/2017
Thousands evacuated as floods and landslides sow death in Vietnam
The earth changes are here.


full article...
10/13/2017
Hurricane Ophelia heads towards Europe instead of Caribbean
The earth changes are here.


 full article...
10/13/2017
Samsung CEO announces shock resignation
A bribery scandal in which Korea’s president and Samsung’s Vice Chairman were jailed may be the reason.


 full article...
10/13/2017
Kobe Steel scandal impacts planes, trains and autos
Another Japanese corporation caught cheating. Kobe Steel supplied substandard products to over 200 companies around the world, including Boeing, Tesla, Toyota, GM, etc.


 full article...
10/13/2017
Japan stocks hit 21-year high as investors shrug off concerns
Japan central bank manipulates stock market higher. All’s well, except it isn’t.  full article...
10/13/2017
China debt-for-equity swaps turn out more like debt-for-debt
China tries to add a new twist to capitalism’s shell game.  full article...
10/13/2017
China is binging on dollar-denominated debt
If interest rates rise, so will China’s distress.


 full article...
10/10/2017
NOTICE: DUE TO WORK ON NEW BOOK PROJECTS, NEW WEBSITE POSTINGS WILL BE ON TUESDAYS AND FRIDAYS
10/10/2017
It’s market mania for assets all around the world
Global money printing creates global bubbles.  full article...
10/10/2017
Schäuble warns of financial crisis
Outgoing German finance ministers warns central bank money printing has formed dangerous new bubbles.


 full article...
10/10/2017
MacQuarie: Central banks have tricked investors and created a ‘doomsday machine’
The path forward is a gang plank. Who’d a thought. Not central banks.  full article...
10/10/2017
New York City foreclosures surge 79%; most since 2009
The real estate crisis resumes. No surprise here.  full article...
10/10/2017
Saudis lose market share to OPEC rivals
The oil wars continue.  full article...
10/10/2017
OPEC chief urges US shale to curb oil output
Oil cartel hopes shale producers will cut output. Good luck.  full article...
10/10/2017
Oil giants at odds as Saudi, Russian ties improve
Oil alliances shift as importance of geopolitics grows.  full article...
10/10/2017
Wildfires burn 57,000 acres across Northern California
Record heat, record cold, record rain, fires, floods, drought, etc. The earth changes are here.


 full article...
10/10/2017
Southern California wildfire explodes to 6,000 acres
The earth changes are here.


 full article...

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DARRYL ROBERT SCHOON: Coming Soon - the Worst Collapse of Our Lifetime
The resolution of the 300-year old ponzi-scheme of credit and debt is almost here. The end, however, is the beginning of something far better.  full article...


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2017: The Mother of All Paradigm Shifts
Increasing institutional failures, e.g., political, cultural, social, religious and economic, are a sign of a historical paradigm shift. In this talk, I explain my personal perspective about these profound times. This talk was given at the Temple of Universality on August 13, 2017.


 full article...


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Trump approval ratings fall



The Atlantic: How Republicans got Trump catastrophically wrong
A new kennel won't change a dog. Worthy of thought and reflection.  

full article...
The American Conservative: Nearly half the Pentagon budget goes for contractors
Greed, privatization and patriotism fuel military spending. Worthy of thought and reflection.  

full article...
CBS: Did the government and drug industry fuel America’s opiod epidemic?
Worthy of thought and reflection.


 

full article...


John Oliver: Confederacy




full article...


The new challenge to lithium batteries
Sodium is a cheaper alternative but problems remain.  full article...
Harvey Weinstein scandal: Assault accusations swell, but will they change the industry?



 full article...
Mass starvation decimates penguin colony’s chicks
Global warming claims more victims.


 full article...


Eminem lambasts Donald Trump in freestyle rap





full article...


Dollars & Sense, Shows 88/89, Stories the CIA and US don't want you to know, part 2

Dollars & Sense, Shows 88/89, Stories the CIA and US don't want you to know, part 2



DRSCHOON.COM features the articles of Professor A. E. Fekete of the New Austrian School of Economics, a leading expert on gold and its role in financial markets and the economy.

An Appraisal of the Global Monetary System of the 21st Centry

Antal E. Fekete

To understand how thoroughly unsound the present monetary system is, it is helpful to revisit its early advocates and their arguments. The names John Maynard Keynes (1883-1946) and Milton Friedman (1912-2006) come to mind. But we could do no better than start with Irving Fisher (1867-1947), American statistician and economist of Yale University. In 1936 he published a book with the title 100% Money (New York, Adelphi Publishers, 2nd edition). full article...

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