How to Tell That a Bubble Is Brewing: Junk Bonds With Negative Yields

Over the past 10+ years of unprecedented central bank liquidity creation, traditional thinking about monetary policy, financial markets, and government intervention in those markets has been turned on its head. Thanks to trillions of dollars of liquidity injected into economies around the world, asset prices remain extraordinarily elevated and interest rates remain unprecedentedly low. That […]

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The FBI Has Silently Been Compiling a Facial Recognition Database Without Telling Anyone

If Russiagate began to slowly peel back the facade of FBI professionalism and expose the seediness that propagates throughout the agency, this next bit of news will absolutely floor you. For years the FBI has been requesting millions of driver’s license photos from state motor vehicle department databases in order to compile a massive facial […]

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