Print John J. Xenakis Read Full Bio World View: Wall Street Stock Market Continues Dangerous Parabolic Bubble Long-time readers are well aware of the Generational Dynamics prediction that the world is headed for a major global financial panic and crisis, causing all bubbles to implode, including the stock market, commodity and gold bubbles. 5 May 2013 World View: Anti-EU UK Independence Party (UKIP) Surges in Local Elections The UK Independence Party (UKIP) won a stunning victory in local elections, winning over 26% of the vote in those districts in which a UKIP candidate ran. The party, which favors withdrawal of Britain from the European Union, took votes away from the ruling coalition of Conservatives and Liberal Democrats, as well as from the opposition Labor party. 4 May 2013 European Central Bank Considers Negative Interest Rates So now Draghi wants to try something else: Make interest rates negative for money that individual banks deposit with the central bank (the ECB). That deposit rate has been zero for a while, but now Draghi is considering charging money to banks that want to deposit money in the ECB. 3 May 2013 World View: May Day Protests Highlight Financial Crisis, Worker Exploitation In Jakarta, Indonesia, some of the tens of thousands of demonstrators marching through the city came dressed as ants -- complete with bright red outfits and antennae -- to depict the exploitation of workers. 2 May 2013 World View: Politicians Declare a 'Sea Change' in Mideast Negotiations The Arab League, meeting in Washington DC, of all places, had a "very positive, very constructive discussion ... with positive results," according to Secretary of State John Kerry and VP Joe Biden. The Associated Press, which is totally in the tank for the Obama administration, gushed that it was a "sea change" in Mideast negotiations. 1 May 2013 World View: North Korea Holds American, South Koreans as 'Hostages' North Korea's recent war threat circus seems to have died down, with no apparent action beyond the clownish rhetoric. Now, the child dictator Kim Jong-un seems to be pursuing a new policy: taking hostages. 30 Apr 2013 World View: Taliban Terror Campaign Seeks to Sabotage Pakistan Elections At least 28 people have been killed in terrorist bombings across Pakistan during the last week, targeting political party candidates and offices in the days prior to the landmark May 11 election. The al-Qaeda linked Tehrik-e-Taliban Pakistan (TTP), the Pakistan branch of the Taliban, is claiming responsibility for the bombings, and is promising that they'll continue through the election, apparently with the intention of sabotaging the entire election. 29 Apr 2013 World View–UK's Cameron: Britain Won't Handle Syria Like Iraq British prime minister David Cameron says that he fears that international action in Syria may be being held back because of fears of a repeat of the Iraq war. Cameron says that the Iraq experience may cause the West to fail to act in Syria. 28 Apr 2013 World View: Obama's Meeting with Jordan's Abdullah may Signal Troop Deployment The question of the use of chemical weapons by Syrian president Bashar al-Assad continued to draw worldwide attention on Friday. President Barack Obama met with Jordan's King Abdullah II in the White House and said that "a line has been crossed" in Syria. 27 Apr 2013 World View: U.S. Says Syria Has Used Chemical Weapons Twice The White House and top U.S. administration officials said on Thursday that U.S. intelligence has concluded "with some degree of varying confidence" that the Syrian government has twice used chemical weapons against the opposition. 26 Apr 2013 Previous 1 2 3 4 5 6 7 Next
World View: Wall Street Stock Market Continues Dangerous Parabolic Bubble Long-time readers are well aware of the Generational Dynamics prediction that the world is headed for a major global financial panic and crisis, causing all bubbles to implode, including the stock market, commodity and gold bubbles. 5 May 2013
World View: Anti-EU UK Independence Party (UKIP) Surges in Local Elections The UK Independence Party (UKIP) won a stunning victory in local elections, winning over 26% of the vote in those districts in which a UKIP candidate ran. The party, which favors withdrawal of Britain from the European Union, took votes away from the ruling coalition of Conservatives and Liberal Democrats, as well as from the opposition Labor party. 4 May 2013
European Central Bank Considers Negative Interest Rates So now Draghi wants to try something else: Make interest rates negative for money that individual banks deposit with the central bank (the ECB). That deposit rate has been zero for a while, but now Draghi is considering charging money to banks that want to deposit money in the ECB. 3 May 2013
World View: May Day Protests Highlight Financial Crisis, Worker Exploitation In Jakarta, Indonesia, some of the tens of thousands of demonstrators marching through the city came dressed as ants -- complete with bright red outfits and antennae -- to depict the exploitation of workers. 2 May 2013
World View: Politicians Declare a 'Sea Change' in Mideast Negotiations The Arab League, meeting in Washington DC, of all places, had a "very positive, very constructive discussion ... with positive results," according to Secretary of State John Kerry and VP Joe Biden. The Associated Press, which is totally in the tank for the Obama administration, gushed that it was a "sea change" in Mideast negotiations. 1 May 2013
World View: North Korea Holds American, South Koreans as 'Hostages' North Korea's recent war threat circus seems to have died down, with no apparent action beyond the clownish rhetoric. Now, the child dictator Kim Jong-un seems to be pursuing a new policy: taking hostages. 30 Apr 2013
World View: Taliban Terror Campaign Seeks to Sabotage Pakistan Elections At least 28 people have been killed in terrorist bombings across Pakistan during the last week, targeting political party candidates and offices in the days prior to the landmark May 11 election. The al-Qaeda linked Tehrik-e-Taliban Pakistan (TTP), the Pakistan branch of the Taliban, is claiming responsibility for the bombings, and is promising that they'll continue through the election, apparently with the intention of sabotaging the entire election. 29 Apr 2013
World View–UK's Cameron: Britain Won't Handle Syria Like Iraq British prime minister David Cameron says that he fears that international action in Syria may be being held back because of fears of a repeat of the Iraq war. Cameron says that the Iraq experience may cause the West to fail to act in Syria. 28 Apr 2013
World View: Obama's Meeting with Jordan's Abdullah may Signal Troop Deployment The question of the use of chemical weapons by Syrian president Bashar al-Assad continued to draw worldwide attention on Friday. President Barack Obama met with Jordan's King Abdullah II in the White House and said that "a line has been crossed" in Syria. 27 Apr 2013
World View: U.S. Says Syria Has Used Chemical Weapons Twice The White House and top U.S. administration officials said on Thursday that U.S. intelligence has concluded "with some degree of varying confidence" that the Syrian government has twice used chemical weapons against the opposition. 26 Apr 2013