True, this isn’t a bubble in the classic sense of markets holding unrealistic expectations (as they did, for instance, during the dotcom boom). It arises as a result of the correct perception of official policy. But the extent of the distortion this has caused in the bond markets is quite remarkable.

Of course, it is possible that the bond market crisis could occur sooner. The most likely cause of this, in my view, would be a surprisingly strong economic recovery. This is a situation where the first interest rate rise, even though it was only 0.25 percent, would have a disproportionate effect as market operators speculated about how soon the next rise might occur.

Any change in interest rate perceptions would be extremely dangerous. Both individuals and the corporate sector would start to fret about the implications. The effects could be particularly serious in the housing market – just as it was entering a recovery phase.

If and when the euro crisis flares up again – and I am pretty sure that it will – you will see a flurry of funds pouring into gilts “for safety”. Yet, looked at over the medium term, gilts are just about the most unsafe asset around. They may well be OK for a while yet, but when the bond bubble bursts, a lot of people are going to get hurt.

A recent report in Education News states that, since 1999, the number of children who are homeschooled has increased by 75%. Though homeschooled children represent only 4% of all school-age children nationwide, the number of children whose parents choose to educate them at home rather than a traditional academic setting is growing seven times faster than the number of children enrolling in grades K-12 every year.

Recent studies laud homeschoolers’ academic success, noting their significantly higher ACT-Composite scores as high schoolers and higher grade point averages as college students. Yet surprisingly, the average expenditure for the education of a homeschooled child, per year, is $500 to $600, compared to an average expenditure of $10,000 per child, per year, for public school students.

The high achievement level of homeschoolers is readily recognized by recruiters from some of the best colleges in the nation. Home-educated children matriculate in colleges and attain a four-year degree at much higher rates than their counterparts from both public and private schools. Schools such as Massachusetts Institute of Technology, Harvard, Stanford, and Duke Universities all actively recruit homeschoolers.

The German government is toughening its stance on economic refugees from Bulgaria and Romania, who it says have become a burden on social services. Interior Minister Hans-Peter Friedrich told an audience of his European counterparts in Luxembourg on Friday that Germany will take measures to prevent poor immigrants from the two Eastern European countries from entering the country under false pretences to collect welfare benefits.

Friedrich says that those who are found defrauding social services will be expelled from the country, despite the fact that they are granted the right to work and travel throughout the member states as citizens of the European Union. They will also be banned from returning to Germany for a certain length of time, Friedrich added, saying: "Then, if they are picked up somewhere, they can be kicked out of the country again with little hassle, and this is crucial."

Speaking to Egypt's state news agency MENA two days after the Ethiopian government flatly rejected a request from Cairo to halt the project, Mohamed Kamel Amr said Egyptians view any obstacle to the river's flow as a threat to national survival. "No Nile - no Egypt," he said, highlighting the pressure on the Egyptian government, whose popularity is wilting in the face of economic troubles, to prevent the hydro power plant cutting already stretched water supplies for its 84 million people.

Countries that share the Nile have long argued over the use of its waters, repeatedly raising fears that the disputes could eventually boil over into war. Egypt, struggling with a shortage of cash and bitter internal political divisions following a 2011 revolution, called on Ethiopia to stop work after engineers began diverting the course of the Blue Nile late last month.

In Addis Ababa, a government spokesman called that request a "non-starter" and dismissed threats from Cairo of "sabotage" and "destabilization", saying attempts by Egypt under its previous military rulers to undermine Ethiopian leaders had failed.

In Turkey, there are always at least two truths. On Taksim Square in Istanbul, and on the streets of many other cities in 77 of Turkey's 81 provinces, the prevailing truth is that Prime Minister Recep Tayyip Erdogan is curtailing civil rights, governing in an autocratic manner and is trying to force his conservative religious values on the population.

That is the truth motivating tens of thousands of demonstrators to take to the streets for six days, despite tear-gas and truncheon attacks by police. The Turkish Medical Association (TTB) estimates that three people have died and more than 4,000 have been wounded during the protests. There are no reliable figures regarding the number of arrests.

But there is another truth in Kasimpasa, the former dockyard area of Istanbul where Erdogan grew up, and in other more religious parts of the city and in villages throughout the country. In these areas the prevailing truth is that rioters, who have possibly been incited by opposition leaders and foreigners, are running wild and wrecking the cities, waging a campaign against Islam and vilifying the lone politician deserving of praise.

The police, in this view, are only reacting so brutally because they are forced to. Members of Erdogan's base live in these areas. They make up the 50 percent of Turkish voters who bestowed a victory on his Justice and Development Party (AKP) two years ago.

In fact, most Americans actually saw little to negative growth in their net worth over this period. Even more problematic is the emergence of a permanent working poor in spite of a booming stock market. Over 47 million Americans are still receiving food stamps on a monthly basis. Not only has this number remained high, there is now an economy that is building up around servicing the needs of this large constituency.

Why wouldn’t there be a new booming market here? Nearly one out of every six Americans is on food assistance in the most prosperous country in the world. Doesn’t exactly go hand in hand with the perception of a record breaking stock market. Is the US and the current economy developing a permanent under-class of citizens?

It is abundantly clear that very little of this freed up money flowed into the working and middle class. In reality more and more of the wealth in the country is flowing into the hands of a few. In 1989, 32 percent of all the wealth in the US was held by those in the 0 to 90 percentile of income. Today it is merely 25 percent. And the top one percent is holding a much larger share showing that the inequality when it comes to wealth is only getting larger.

The massive ordnance penetrator, as the weapon is called, has cost $500 million to develop, and can be dropped from B-2 stealth bombers. The 13-ton weapon travels at twice the speed of sound and can puncture up to 200 feet of concrete. The report states that it is accurate to within 16 feet.

Experts believe that the US communicated the test results in order to convince Israel of their resolve to prevent Iran developing nuclear weapons, and to dissuade Israel from launching a pre-emptive strike.

Mr Hollande, the socialist leader who oustied Nicolas Sarkozy, is not the first European political leader to declare an end to the crisis. Last year the Spanish prime minister Mariano Rajoy said that "the worst has passed" for the euro. Markets have also grown less concerned about the situation in the shared currency region. One analyst recently suggested that a "Greecovery" - Greek recovery - might now be a more apposite term than the feared "Grexit" - Greek exit from the euro.

While the imminent threat of a country being forced to leave the currency has receded, the region does however remain mired in recession. The eurozone's collective economy has shrunk for six straight quarters and unemployment has hit 12.2 percent, its highest level since the euro was established in 1999.

Some suspect that tensions could rise again after Germany's national elections in September, when politicians will be more prepared to tackle the area's economic problems.

Udo di Fabio, the constitutional court’s euro expert until last year, said the explosive case on the legality of the European Monetary Union rescue machinery could provoke a showdown between Germany and the European Central Bank (ECB) and ultimately cause the collapse of monetary union.

“In so far as the ECB is acting 'ultra vires’, and these violations are deemed prolonged and serious, the court must decide whether Germany can remain a member of monetary union on constitutional grounds,” he wrote in a report for the German Foundation for Family Businesses. “His arguments are dynamite,” said Mats Persson from Open Europe, which is issuing its own legal survey on the case on Monday.

Brandon Bryant says he was sitting in a chair at a Nevada Air Force base operating the camera when his team fired two missiles from their drone at three men walking down a road halfway around the world in Afghanistan. The missiles hit all three targets, and Bryant says he could see the aftermath on his computer screen – including thermal images of a growing puddle of hot blood.

“The guy that was running forward, he’s missing his right leg,” he recalled. “And I watch this guy bleed out and, I mean, the blood is hot.” As the man died his body grew cold, said Bryant, and his thermal image changed until he became the same color as the ground.

“I can see every little pixel,” said Bryant, who has been diagnosed with post-traumatic stress disorder, “if I just close my eyes. Like, this isn’t a videogame,” he said. “This isn’t some sort of fantasy. This is war. People die.”

The Amish live in a society that consists of outdated technologies and ideals, by contemporary standards. Their diet consists of eating organic, fresh, locally-grown produce, and of course, they do not follow the established vaccination routines. To the dismay of the mainstream media and the medical establishment, this has resulted in a healthier people, that are void of all of our chronic diseases. Heart disease, cancer, and diabetes are virtually non-existent in Amish villages.

Equally non-existent are modern, chemically-engineered medicines, enhanced (chemically-engineered) foods, GMO foods, and of course, vaccines. How is it that those who are without the “miracles” of modern orthodox medicine are healthier? The truth about health, medicine, and how they both relate to the Amish is becoming an embarrassment to some rather powerful people.

There have been 3 (yes three) verified cases of autism in the Amish, and at least two of those children were vaccinated. No information is available for the third. The strong correlation between vaccinations and autism is absolutely undeniable, unless you work for the medical establishment, the government, or Big Media.

Chaput, who leads the Roman Catholic Archdiocese of Philadelphia, pointed to Obamacare's sterilization-contraception-abortifacient regulation as one example. The regulation, issued by Health and Human Services Secretary Kathleen Sebelius, requires almost all health-care plans in the United States to provide coverage for sterilizations, artificial contraceptives and abortion-inducing drugs to all women of reproductive age - even if the person or employer providing the insurance coverage and even if the female beneficiaries themselves do not want the coverage and believe it is morally wrong and violates their religious beliefs.

Archbishop Chaput noted that the bishops believe "basic medical care is a matter of social justice and human dignity." That principal, however, does not empower the government to force Americans to violate their moral and religious convictions.

The archbishop noted that the scandal "involving IRS targeting of 'conservative' organizations ... also has a religious dimension." "But the latest IRS ugliness," he wrote, "is a hint of the treatment disfavored religious groups may face in the future, if we sleep through the national discussion of religious liberty now. The day when Americans could take the Founders' understanding of religious freedom as a given is over. We need to wake up."