China Prepared to Settle India Border Dispute, Wang Says - Bloomberg

China Prepared to Settle India Border Dispute, Wang Says - Bloomberg: "India accuses China of occupying 38,000 square kilometers (about 15,000 square miles) of territory in Jammu and Kashmir, while the government in Beijing lays claim to 90,000 square kilometers of land in the Indian state of Arunachal Pradesh.

India and China have both made claims to territory held by the other and clashed during a brief border conflict in 1962. The potential for hostilities was highlighted last year when India alleged Chinese troops had crossed into Indian-held territory in Ladakh. The incident, the most serious dispute between the neighbors in a quarter of a century, triggered a three-week escalation in tensions ending with an agreement negotiated by army commanders."



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If you make more than $27,520; you're in the upper 50% of America !!!

Zero Hedge | On a long enough timeline the survival rate for everyone drops to zero: "If you make more than $27,520 a year at your job, you are doing better than half the country is. But of course $27,520 a year will not allow you to live "the American Dream" in this day and age. After taxes, that breaks down to a good bit less than $2,000 a month. You can't realistically pay a mortgage, make a car payment, afford health insurance and provide food, clothing and everything else your family needs for that much money."



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Tim Geithner - Crony Extraordinaire. Article from ZH

"Stress Test" Reviewed: Tim Geithner Is "A Grifter, A Petty Con Artist" | Zero Hedge: "Timothy Geithner is likely to go down in American history as one of the most dangerous, destructive cronies to have ever wielded government power. The man is so completely and totally full of shit it’s almost impossible not to notice.

The last thing I’d ever want to do in my free time is read a lengthy book filled with Geithner lies and propaganda, so I owe a large debt of gratitude to former Congressional staffer Matt Stoller for doing it for me. Stoller simply tears Geither apart limb from limb, detailing obvious lies about the financial crisis, and even more interestingly, Geithner’s bizarre bio, replete with mysterious and inexplicable promotions into positions of power."



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"Same Stuff, Different Year" | Zero Hedge

"Same Stuff, Different Year" | Zero Hedge: "The History of consensus expectations for US GDP... (notice they all go from the upper left to the lower left...)

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Bitcoin is back: Price quietly jumps 80% from April low.....Hmmmm. That's comforting...

Bitcoin is back: Price quietly jumps 80% from April low: "The price of a bitcoin hit a low of $360 in April and had been hovering around $450 since April 25. But it started breaking away on May 20. It now sits at $665, according to CoinDesk.

The exact reason for this move is hard to pin down. The Bitcoin2014 Conference in Amsterdam drew to a close three days before the upswing started, and it featured some positive outlooks for the cryptocurrency from its 2,000 attendees."



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The Truth Behind The Q1 Earnings Numbers | Zero Hedge

The Truth Behind The Q1 Earnings Numbers | Zero Hedge: " Despite the exuberance from the media over the "number of companies that beat estimates" during the most recent reported period, operating earnings FELL from $28.25 per share to $27.32 which translates into a quarterly decrease of 3.4%. While operating earnings are widely discussed by analysts and the general media; there are many problems with the way in which these earnings are derived due to one-time charges, inclusion/exclusion of material events, and outright manipulation to "beat earnings.""



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