Military Police Deployed As 500,000 Catalan Independence Protesters Shut Down Barcelona

Military Police Deployed As 500,000 Catalan Independence Protesters Shut Down Barcelona By Tyler Durden Central Barcelona has reportedly been paralyzed as mass protests which international reports estimate to number over a half-million people are driven by outrage at harsh prison sentences for pro-independence leaders handed down by the top Spanish court. Protest leaders are vowing “the streets will be ours” as they push for Catalan independence, and as riot police have begun clashing with stone-throwing activists, who are also in some places of the city setting makeshift roadblocks ablaze. With night fall, reporters on the…

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Here Is The Secret Cost Behind All Those “Free” Credit Card Perks

Here Is The Secret Cost Behind All Those “Free” Credit Card Perks By Tyler Durden Despite the fact that the Fed insists on keeping interest rates low, many credit cards are actually raising rates for consumers, according to the Wall Street Journal. The increase is to make up for the generous rewards – perks like cash back and travel – that credit cards are offering to lure in customers. The average APR on a interest charging credit card is now about 17%, near its highest in more than 2 decades.…

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Central Bank Issues Stunning Warning: “If The Entire System Collapses, Gold Will Be Needed To Start Over”

Central Bank Issues Stunning Warning: “If The Entire System Collapses, Gold Will Be Needed To Start Over” By Tyler Durden It’s not just “tinfoil blogs” who (for the past 11 years) have been warning that a monetary reset is inevitable and the only viable fallback option once trust and faith in fiat is lost is a gold standard (something which even Mark Carney hinted at recently): central banks are joining the doom parade now too. An article published by the De Nederlandsche Bank (DNB), or Dutch Central Bank, has shocked…

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US To Send “Thousands” More Troops To Saudi Arabia

US To Send “Thousands” More Troops To Saudi Arabia By Tyler Durden Reuters reports, citing defense or administration sources, that the US is set to send thousands of additional troops to Saudi Arabia in the wake of last month’s Aramco attacks. “The United States is planning to send a large number of additional forces to Saudi Arabia following the Sept. 14 attack on its oil facilities, which Washington and Riyadh have blamed on Iran,” according to a breaking Reuters report.  Though the Pentagon has yet to officially confirm the report with comment, Reuters…

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FBI Use Of Foreign-Surveillance Tool Violated Privacy Rights: FISA Court

FBI Use Of Foreign-Surveillance Tool Violated Privacy Rights: FISA Court By Tyler Durden The FBI’s use of electronic surveillance tools violated the constitutional privacy rights of Americans whose communications were swept up in a controversial foreign intelligence program, according to a Foreign Intelligence Surveillance Court. The court concluded that the FBI had been improperly searching through a database of raw intelligence for information on Americans, according to the Wall Street Journal. The ruling, made last year, was disclosed on Tuesday. The intelligence community disclosed Tuesday that the Foreign Intelligence Surveillance Court last year…

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Student, Car Loans Surge Most In Three Years

Student, Car Loans Surge Most In Three Years By Tyler Durden While the total increase in US consumer credit in August was hardly a major outlier, rising by $17.9BN, below last month’s $23.05BN if above expectations for a $15.25BN print, and pushing the total number to a new record high of $4.14 trillion, the components of the overall number were surprising. The first surprise was the revolving, or credit card, debt, which after surging by almost $10BN in July, the biggest one month increase since 2017, shrank by $1.9BN in…

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Spooks Turned Spox: US Media Now Filled With Former Intelligence Agents

Spooks Turned Spox: US Media Now Filled With Former Intelligence Agents By Tyler Durden After years in the shadows overseeing espionage, kill programs, warrantless wiretapping, entrapment, psyops and other covert operations, national security establishment retirees are are turning to a new line of work where they can carry out their imperial duties. That is, propagandizing the public on cable news. Reborn as cable news pundits, these people are cashing in. So many years working in the dark, only to emerge in the studio lights of the same networks that rail all…

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Robo Realtors Invade Tennessee Housing Market — “It’s Like A Segway With An iPad”

Robo Realtors Invade Tennessee Housing Market — “It’s Like A Segway With An iPad” By Tyler Durden As you might remember, if not, we’ll refresh your memory, we reported on a real estate technology company several years ago that wanted to lower the cost of home-selling by using robots and “big data” instead of commission-based real estate agents. Now it seems the trend of replacing real-estate agents with robots is heating up again. This time, robots have already sold nearly two dozen homes in Tennessee. The home buying process in Tennessee is…

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“Dramatic Change” Ahead: Robots Are Coming For 200,000 US Banking Jobs

“Dramatic Change” Ahead: Robots Are Coming For 200,000 US Banking Jobs By Tyler Durden A new report by Wells Fargo & Co., warns that nearly 200,000 US banking jobs are at risk of being displaced by robots. As we’ve explained in the past, accelerating technological advances in automation, artificial intelligence, and machine learning have the potential to reshape the world in the 2020s through 2030. The collision of these forces could trigger economic disruption far greater than what was seen in the early 20th century. Across the financial industry, a…

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Martial Law Unfolding In Iraq: 30 Protesters Shot, Internet Blackout, 24-Hour Curfews

Martial Law Unfolding In Iraq: 30 Protesters Shot, Internet Blackout, 24-Hour Curfews By Tyler Durden Now in their third day, mass anti-government protests across Iraq have resulted in 30 dead and over 1000 wounded, amid a brutal police crackdown which has involved unprepared security forces firing live rounds on demonstrators. Several major cities are now under curfew and the government has cut internet access for much of the country. In a signal of just how dire and growing the mayhem is, Iran has now sealed key border crossings with Iraq just ahead…

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