Some Notes !
1.From the FT
Mark Urban writes: “The size of western armed forces, their stocks of weaponry and their readiness for combat, all continue to decline . . . The Edge, the west’s advantage, and along with it the ability to deter people in parts of the world from doing desperate things, is going, if it has not already disappeared.”
Mark Urban writes: “The size of western armed forces, their stocks of weaponry and their readiness for combat, all continue to decline . . . The Edge, the west’s advantage, and along with it the ability to deter people in parts of the world from doing desperate things, is going, if it has not already disappeared.”
2.Hacker on packed passenger jet took control of plane and made it fly sideways using laptop
A HACKER is at the centre of an FBI probe after he took control of a plane from his passenger seat by using the in-flight entertainment system - and made it fly sideways.
PUBLISHED: 06:21, Mon, May 18, 2015 | UPDATED: 07:56, Mon, May 18, 2015
3. U.K. Inflation Rate Falls Below Zero for First Time Since 1960
(Updates with pound in fifth paragraph.)
By Scott Hamilton
4.From the Aden Forcast
THE CULPRIT
Looking at the big picture, the main culprit overriding the world environment is debt . World debt, for example, has surged 40% since the last recession in 2008. In the U.S., total debt is over $17 trillion and it’s doubled over the past seven years. That is, it has passed the tipping point. This means debt has become a load on the economy’s shoulders, weighing it down and fueling deflation.
5. Of course rates are going down with no growth and no inflation!
5. Of course rates are going down with no growth and no inflation!
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