Tuesday, June 12, 2018

Trump says Trudeau's comments are going to cost Canada 'a lot of money'

Trump says Trudeau's comments are going to cost Canada 'a lot of money'

 John Melloy,CNBC 3 hours ago 

Thursday, April 26, 2018

The Money Deluge (Video)

The Money Deluge


Interest rates in Europe have consistently fallen for much of the past decade. Today, the rate is virtually nonexistent. As a result, many citizens have decided to keep their cash, gold and other valuables in safety deposit boxes. Yet, there appears to be a seemingly endless stream of cheap money flooding into the financial system, which only succeeds in propping up the wealthy while responsible investors are left out in the cold. "The Money Deluge" examines this complex financial reality that could lead to another volcanic global crisis.
This deluge of cheap money acts as a massive engine that redistributes wealth from the bottom up. Banks and states are propped up on the backs of the middle class who see little return on their investments and must contend with rapidly increasing costs. Checks and balances are tossed aside, and debts are permitted to mount among the elite while their liability is minimized. The meek regulations that remain in place are easy to circumvent. Brexit could further exacerbate this dynamic.
The real estate market is booming as the super rich continue to buy up properties as a form of investment. In London, over 40,000 homes have been purchased by large shell corporations, and many of them remain uninhabited. Meanwhile, ordinary citizens have been priced out of the housing market, and struggle to keep pace with escalating rents. Much of the working class have been forced to live far outside the city.
This economic model is almost entirely speculative, and it's driving a deeper wedge between the rich and the poor.
The filmmakers travel across Europe and speak with a series of financial experts who predict an oncoming meltdown in the global economy, young entrepreneurs who struggle to attain loans for their innovative start-ups, and seasoned investors who have been forced to reconsider what they do with their retirement funds.
The lessons from the 2008 global financial crisis have gone unheeded. When this current bubble bursts, it will likely prove catastrophic. "The Money Deluge" is an effective warning shot that speaks to the doom that could be lying in wait for us all.

Friday, March 30, 2018

Troubled Waters (Video)

Troubled Waters

In the midst of widespread pollution and the ill effects of climate change, we tend to lose sight of another factor that threatens the vitality of our oceanic ecosystem: overfishing. Troubled Waters examines the long-term economic and environmental ramifications of a rapidly dwindling fish population.
Our romanticized image of a modest working-class fishing boat sailing from a port is a fading remnant of the past. Today, corporate-owned super trawlers lurk the seas in search of their next massive marine haul. These tankers are designed to carry as much as 200 tons of fish per day. Many species are overexploited and in danger of extinction. The population of Pacific jack mackerel - a species once thought indestructible - has decreased by as much as 90%.
The largest fish have been the first victims of overfishing. Now, these species are gone, and the industry is left to pick through a smaller to medium sized inventory. This practice has fundamentally altered the food chain.
The fishing industry is a massive, multi-national operation which survives in large part on taxpayer-funded government subsidies. Demand for seafood is so great that entities like the European Union have been forced to look outside their own borders for fresh stock. They form bilateral agreements to fish in the waters of developing nations in exchange for sizeable financial donations.
Through their investigation, the filmmakers attempt to unravel a tangled weave of poor regulations, limited accountability, questionable sources of funding, and an ecosystem that hangs in the balance. These efforts are supported by a range of interview subjects including ecologists, conservation activists, and professional fishermen.
Beyond its clear and thought-provoking diagnosis of the crisis, the film also offers a number of options that can effectively curb the overexploitation of fish. These include increased restrictions on the periods of time fishing crews can operate in regulated seas, regulations on the type of equipment they employ, and the establishment of marine safe zones that deny all fishing activities until the population of certain species have a chance to regenerate.
Perhaps the most meaningful of the film's achievements is its ability to contribute to a more informed and conscientious consumer culture.
Directed byMatthew Judge

Monday, January 29, 2018

The Bitcoin Psyop (Video)

The Bitcoin Psyop


Do bitcoin and blockchain represent the technological innovations that will forever alter the way we conduct financial transactions or are they merely a hype-fueled sham? Amidst the cacophony of ongoing arguments between the system's harshest skeptics and most boisterous cheerleaders, it can prove challenging for a layperson to decipher truth from propaganda. The Bitcoin Psyop, a documentary short produced by The Corbett Report, peeks behind the hyperbolic techno-babble to deliver a clear-eyed view of the cryptocurrency revolution.
The most common point of confusion lies in defining what bitcoin and the blockchain actually are. In simplest terms, Bitcoin is an innovative payment network that operates without a bank or intermediary. Each transaction is logged on a digital ledger known as the blockchain. This database of a transaction is accessible by anyone on the bitcoin network, yet its creators insist this information is secured by military-grade encryption technology.
The bitcoin network represents something entirely new, and consumers have every reason to feel disoriented. Certain power figures of finance want to perpetuate that sense of bewilderment. According to the film, they frequently employ interchangeable terms and confusing lingo to keep the system's more ominous potential in the shadows. Just like with most weapons, the blockchain can be used with nefarious intent or as a tool to defend the greater good.
The network can be used to take power from the traditional banking system and place it back in the hands of the people. It can allow for the transfer of valuables and property without having to deal with needlessly intrusive regulations or invisible global borders. But it can also be used to exert greater control over the people and increased oversight of their every purchase and leave individual users vulnerable to the whims of totalitarian governments.
At this moment in time, bitcoin and blockchain stand at a crucial precipice. If we reach an understanding of the network and all its capabilities, we can begin to combat its potential for misuse. The Bitcoin Psyop provides a terrific primer on a complex topic and outlines the important role we all can play in making it a beneficial force in the world economy.
Directed byJames Corbett

Thursday, January 18, 2018

Are there Other Earths? (Video)

Are there Other Earths?


The universe plays host to a surprising number of planets that appear quite similar to our own. Is it possible that humans could occupy any of these planets in the future? Remarkably, recent astronomical discoveries have pinpointed thousands of potential candidates. The engrossing documentary Are There Other Earths? examines the probable conditions on a handful of these planets and their parallels to the place we call home.
For a planet to be inhabitable by humans, it must rotate around a parent star much like our Sun, be temperate and shows signs of liquid water on its surface. Many possess a rocky landscape much like our own. Each of the planets profiled in the film meet this minimal criteria, but they still pose serious obstacles for human sustainability.
The film calls upon the efforts of several of the most revered observatories in the world, including NASA and the La Silla Observatory in Chile.
Their most recent discovery is the TRAPPIST-1 planetary system, a dwarf star around which seven planets rotate in close proximity to one another. Nearly 40 light years away, the star is significantly less luminous and massive than our own Sun, but at least three of its host exoplanets exist within a habitable zone. One of these planets - TRAPPIST-1f - is close to Earth's size and is thought to contain 20% liquid water content.
There's Ross 128b, a planet that orbits its red dwarf star once every 9.9 days as it inches ever closer to Earth. Almost 500 light years away lies Kepler 186f, a planet distinguished by a size, gravity and terrain much like Earth. In these instances and others, the conditions might exist that would allow biological processes to flourish. They may already harbor life forms of their own, which would finally resolve the question of whether we are alone in the universe.
The notion that humans can truly thrive on any of these exoplanets is more than a bit far-fetched at this stage. Each of them presents its own set of potential dangers and uncertainties. Regardless, Are there Other Earths? offers an intriguing glimpse into an alternate reality that might await humankind tens of thousands of years into the future.
Directed byDavid Sky Brody

Monday, January 8, 2018

Ethereum hits new record high as price surge continues

Ethereum hits new record high as price surge continues

LONDON — Ethereum's recent surge is continuing on Monday, with the cryptocurrency close to its all-time high.
Ethereum, the second biggest cryptocurrency after bitcoin, crossed $1,000 per coin for the first time on Friday. Gains continued over the weekend and ethereum cleared $1,200 per coin in the early hours of Monday morning. It hit an all-time high of $1,261.41 at 4.40 a.m. UTC/GMT (11.40 p.m. ET).
The digital currency, which was worth just $10 at the start of 2017, has since given up some of its gains but is still trading higher on the day.
Ethereum is up 6.8% against the dollar to $1,191.96 at the time of writing (7.55 a.m. GMT/2.55 a.m. ET):ethereumMarkets Insider
The immediate spur for the recent rally was a fourth quarter report on the performance of ethereum, which is a decentralized network for people to run contracts on. Transactions volume on its network doubled, according to a blog post, "surpassing 10 transactions per second for days at a time."
Ethereum's recent rally means the cryptocurrency now has a market capitalisation of $118 billion, according to data provider CoinMarketCap.com. That equates to 15% of the entire cryptocurrency market.
Elsewhere in the cryptocurrency markets, bitcoin is down 1.8% against the dollar to $15,875.17 at the time of writing and litecoin is down 2.4% to $264.19.
The Bitcoin 101 Report by the BI Intelligence Research Team.
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Saturday, January 6, 2018

Children of Abraham (Video)

Children of Abraham


Global acts of terror in our post-9/11 world have catapulted the issue of religious intolerance to the forefront. Can we ever achieve reconciliation between each religious sect, and avoid the bloodshed that arises from the most radicalized interpretations of their beliefs? Even among the most modest believers, the clashes between religious affiliations too often inspire division, conflict, and incivility. The riveting three-part documentary series Children of Abraham travels the globe to speak to various figures in the Christian, Jewish and Muslim communities and attempts to find common ground within the gospels they live by.
The film's host, a devout Catholic named Mark Dowd, attempts to construct this reconciliation by calling upon the lessons of a religious icon shared by all three faiths: the prophet Abraham. Deemed by Dowd as an "inter-faith superstar", Abraham was anointed by God as the uniting leader of all nations of the world for his unfailing faith. Conversely, Abraham's story may also point to the current scourge of violent extremism. For these terrorists, violence represents the ultimate act of devotion. From their perverted mindset, the justification for the carnage they inflict can be found in God's command that Abraham sacrifices his only son.
These concepts and many others are explored in this wide-ranging documentary. The first section traces the origins of Abraham and the ambiguous passages of religious text that allow for such discrepancies in belief. Part two opens in Jerusalem, and tours the sacred sites where all three religions often converge and fight for access. This final part of the film is perhaps it's most compelling as we're placed inside the confined walls of a state prison. There, a convicted killer outlines his reasons for targeting a Mosque.
The filmmakers do not focus solely on the differences that continue to divide persons of various faiths. It also offers inspiring portraits of those who work to foster welcoming environments of harmony and integration.
Travelling from Egypt to Bosnia to the deeply polarized Palestinian city of Hebron, Children of Abraham is a hugely ambitious exploration of age-old questions that continue to perplex and fracture large segments of our global society.

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