This Is What the Entire Known Universe Looks Like in a Single Image

Posted on by johnbarleycorn12

The farthest manmade thing from Earth is Voyager 1. Though this 1970s-era spacecraft is pretty far out there by now and still sending back information, it’ll never be able to take a snapshot of the Solar System. Or the Milky Way. And definitely not the entire observable universe. But with a little math and artistic prowess, we can cobble together what we may look like from way, way, way out there.

— Read on curiosity.com/topics/this-is-what-the-entire-known-universe-looks-like-in-a-single-image-curiosity

Romania BET Crashes over EU Austerity Tax Increases | Armstrong Economics

Posted on by johnbarleycorn12

I have been warning that raising taxes is DEFLATIONARY because you are reducing the net disposable income. Governments simply cannot get that through their head. In Romania where protests over political corruption have been unfolding, the government revealed its plan to try to comply with EU austerity raising they hope 10 billion lei ($2.5 billion US) in extra revenue. The market response has been a dramatic crash in Romanian stocks as they plunged and bond yields spiked the greatest in the past several years. This is where the austerity is destroying the European economy. Romania is attempting to reduce its budget deficit that is pushing the country beyond critical EU thresholds. This new tax will include a tax on the banking industry. This is having an immediate knee-jerk reaction where foreign investors are bailing out. Using global warming as an excuse as in France, new taxes on energy and telecommunications companies are included. The government is also reducing social benefits in the retirement system also due to the pension crisis which is worldwide. This is all part of a Global Contagion is the COLLAPSE in Confidence we see into January/February 2019.
— Read on www.armstrongeconomics.com/world-news/taxes/romania-bet-crashes-over-eu-austerity-tax-increases/

US Share Market Meltdown? | Armstrong Economics

Posted on by johnbarleycorn12

Everything is still on track for a pullback. The Dow Jones Industrial Average closed at a 14-month low on Thursday, the second consecutive day of sell-offs after the Federal Reserve announced its fourth widely-anticipated rate hike of the year. Interestingly, despite the fact that the rate hike was expected, the Fed’s revised outlook for a cooler economy stoked overall fears about a slowdown coming 2019-2020. There are also concerns over the government shutdown threatened by President Trump and the continuing trade tensions with China worried investors. Of course, none of these issues are really long-term bearish factors. Our model has been pointing to a correction given the NASDAQ peaked in August, S&P500 in September, and the Dow in October showing a great disparity between domestic retail v professional investors against international. The market has still not breached important support levels. We will provide a PRIVATE BLOG update for the morning
— Read on www.armstrongeconomics.com/markets-by-sector/stock-indicies/us-share-market-meltdown/