Archive for August 13th, 2017

Austin Powers: Only two things scare me, and one of them is nuclear war.Basil Exposition: What’s the other?Austin Powers: Excuse me?Basil Exposition: What’s the other thing that scares you?Austin Powers: Carnies. Circus folk. Nomads, you know. Smell like cabbage. Small hands.
–”Austin Powers, International Man of Mystery”
Dr. Strangelove, meet “The Art of the Deal.”
We saw it coming in “The Orange Swan Looms Ever Closer” last May.
But most people preferred to ignore the rising risks of an overvalued market (even with most valuation metrics in the 95% decile) and the growing ineptitude of…

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Traditional retail is dying, that much is certain.

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<p>Chinese textile firms are increasingly using North Korean factories to take advantage of cheaper labor across the border, traders and businesses in the border city of Dandong told Reuters.</p>

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Edwina Barnard, 42, hadn’t looked for a job since 2009, when a health issue forced her to leave her position as a human resources professional for a nonprofit.&nbsp;

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Fans of heavy metal singer Ronnie James Dio will be able to catch him on tour — seven years after he died from stomach cancer.

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<p>President Trump’s inflammatory warnings to North Korea appear to have unsettled the stock market as fears of nuclear war likely triggered a global sell-off this week. But far away from Wall Street, the looming threat of the apocalypse is good business.</p>

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A once obscure robotics company known for robotic vacuums has seen its stock gone on a wild run that is even more perplexing than trying to use a Roomba without getting it stuck on your area rug.

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<p>If anyone can handle the cross currents, it should be Walt Disney. No other company has the range of entertainment brands to leverage, and the depth of experience and partnerships across the industry. So when Disney acts, it is not surprising that it sends reverberations across the landscape.</p>

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The Wisconsin plan to give a Taiwan-based multinational billions of dollars the state may never recover illustrates that the real race to the bottom is not globalization, but the sprint among governments to see who can run up the highest tab for jobs that may or may not result.
Wisconsins multi-billion dollar package to entice Foxconn to set up an LCD flat screen plant in Kenosha is the latest example of encouraging companies to play states and municipalities against each other in a vicious cycle of taxpayer pitted against taxpayer. On its way to snaring one of the largest economic…

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