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zerohedge December 17, 2018

By Eurasianet.org via OilPrice.com, Rampant cryptocurrency mining is threatening the shaky electrical network in the tiny, mostly unrecognized republic of Abkhazia, forcing officials to call for putting regulatory shackles on the money-making scheme in order to stave off power supply interruptions this winter. Abkhazia has recently emerged as a cryptocurrency enthusiast, much like the country […]

zerohedge December 16, 2018

Days after revealing that businessman Michael Spavor – who became the second Canadian citizen detained in China since Beijing warned it would retaliate against Canada for the arrest of Huawei CFO Meng Wanzhou in Vancouver earlier this month – had been arrested for “threatening national security”, the Communist Party made clear that this is only […]

zerohedge December 16, 2018

Authored by John Rubino via DollarCollapse.com, The past few years have seen more than the usual amount of political upheaval. But, interestingly, most regime changes have resulted in pretty much the same thing: Higher government spending and bigger deficits. Apparently the only “reforms” today’s voters will accept – which is to say the only actions that don’t […]

zerohedge December 16, 2018

Submitted by Adventures in Capitalism Like all industries, the hedge fund industry is highly cyclical. 2018 is proving to be a catastrophe for many of my fund brethren. Let’s face it; most hedge funds have produced pretty awful returns for the past few years—a time when the S&P (the global benchmark) has shot the lights […]

zerohedge December 16, 2018

Authored by Jeffrey Tucker via AIER.org, Murray Rothbard had a law: intellectuals specialize in what they are worst at. We’ve all known them: the learned historian who knows no economics but proclaims fealty to socialism; the economist who is brilliant at math but can’t stop writing about theology; the philosopher who has subtle views about […]

zerohedge December 16, 2018

Authored by Lance Roberts via RealInvestmentAdvice.com, Is The Market On The Naughty List? Two weeks ago, I warned that the “G-20 rally” had exhausted a bulk of the “oversold” condition which had existed at that time. I also recommended remaining cautious until the underlying technical backdrop had improved. While that turned out to be very good advice, the market is […]