According to Reuters, some NATO allies were caught off guard by Trump and Rutte’s announcement of the plan
Economics
Brendan Maton – Branko Milanovic: Inequality in a meritocratic capitalist world
The recent university scandal in the USA is just another example of how the rich can secure their children success, although there may be little talent behind this. Read here
Geopolitics
Politico – Pedro Sánchez wants Israel banned from international sporting events
This could be a watershed in the boycott Israel movement in Europe. Read the article HERE.
Economics
Charles Hugh Smith: The Fed’s Grand Bargain Has Finally Imploded
Well worth a read: The Fed, the asset bubble, and the end of capitalism as we know it. Or maybe just another doomsday blog. Read here
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