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$50,000+ Bitcoin Could Happen if This Isn’t a Bubble But an S-Curve

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Countless experts and pundits,  including Chase CEO Jamie Dimon , have proclaimed that Bitcoin is in a massive bubble right now, and it certainly could be. Yet these “experts” fail to consider one possibility that  some in the Bitcoin community  are beginning to suspect:  mass adoption may be imminent. Permanently high plateau First, let’s get something out of the way. Yes, with every bubble there are people who insist that it really isn’t a bubble.  It’s “the new normal” or “a new paradigm.”  Perhaps the most infamous such example is that of Yale economist Irving Fisher. At the height of the 1929 stock market bubble, just before the crash, a jubilant Fisher  proclaimed : “Stock prices have reached what looks like a permanently high plateau.” He couldn’t have been more wrong. Bubbles throughout history History is replete with examples of financial bubbles that popped disastrously. Britain’s  South Sea bubble  came about in...

You Can't Understand ISIS If You Don't Know the History of Wahhabism in Saudi Arabia

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Alastair Crooke   Become a fan   Fmr. MI-6 agent; Author, 'Resistance: The Essence of Islamic Revolution' Email Posted:  08/27/2014 11:56 am EDT  Updated:  10/27/2014 5:59 am EDT BEIRUT -- The dramatic arrival of Da'ish (ISIS) on the stage of Iraq has shocked many in the West. Many have been perplexed -- and horrified -- by its violence and its evident magnetism for Sunni youth. But more than this, they find Saudi Arabia's ambivalence in the face of this manifestation both troubling and inexplicable, wondering, "Don't the Saudis understand that ISIS threatens them, too?" It appears -- even now -- that Saudi Arabia's ruling elite is divided. Some applaud that ISIS is fighting Iranian Shiite "fire" with Sunni "fire"; that a new Sunni state is taking shape at the very heart of what they regard as a historical Sunni patrimony; and they are drawn by Da'ish's strict Salafist ideology. Other S...

Pakistani Places that Look Like as if They are From Other Planet

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Pakistan is one of the most beautiful countries in the world when it comes to natural views and landscapes. It has almost everything a tourist wants to see, landscapes, mountains, glaciers, historical and ancient places, forts and castles etc. Everyone of them have their own charm, but some of them, at times, look so mysterious that they look as if they are not from Pakistan, even not from planet earth, and look like as if they are from some other planet. If you believe in fairy tales and fantasy worlds, you will relate these images to those dreamy fantasy worlds. These all are actually places in Pakistan.

If America launches a nuclear attack on China

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Nuclear apocalypse This is an edited abridgement by Lasha Darkmoon of Professor Amitai Etzioni’s ground-breaking article in the  Yale Journal of International affairs ,  Who Authorized Preparations for War with China ? It is followed by extracts from Paul Craig Roberts’ impassioned  response  to the same article. Additionmal comments by Dick Eastman and Lasha Darkmoon. This important material has been condensed to roughly one-fifth of its original length. AMITAI ETZIONI:    The Pentagon has concluded that the time has come to prepare for war with China. It is a momentous conclusion, a momentous decision that so far has failed to receive a thorough review from elected officials, namely the White House and Congress. This important change in the United States’ posture toward China has largely been driven by the Pentagon. The decision at hand stands out even more prominently because (a) the change in military posture may well lead to an arms race wit...