April 15, 2017: Over 20 101st Airborne troops sent to Somalia to train forces fighting radical Islamist group al-Shabab
May 5: Death of U.S. Navy Seal announced outside Mogadishu.
Loss of Somalia to radical Islamists could force maritime trade to travel around the African continent. Read more at Geopoliticalfutures.com
Obama created Somali enclave in Amarillo, Texas. They elected their own mayors. (Watchdog.org)
We don’t think the IRS will like President Trump’s simplified tax code.
Charles Hugh Smith: The Left’s Descent into Facism
Charles Hugh Smith has an interesting breakdown of what caused the trend of increased capital in the top 0.1%.
Smith says the economy shifted from production to financialization.
(Mixed with computer advances and higher health care replacing and displacing labor)
(Basically bigger government intervention helps the very rich, which is why they favored Hillary Clinton)
Venezuela has stopped reporting their inflation and money supply data. More money printing along with a decline in the output of goods and services can lead to hyperinflation.
The opposition party to Nicolas Maduro said the country’s inflation has reached 741 percent in February.
Pictured below is the result of hyperinflation during the German Weimar Republic in 1922 when it took a wheelbarrow full of money to buy a loaf of bread.
