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Canada Pauses Reporting Trade Data, Blames US Shutdown
Canada Pauses Reporting Trade Data, Blames US Shutdown Statistics Canada said today the release of their monthly trade statistics will be delayed indefinitely due to the current shutdown of the U.S. government. Statistics Canada: “Trade statistics without Canada’s exports to the United States have limited use as a current economic indicator, as these exports represent […]
Volatility Holds the Key to Markets in 2019
Volatility Holds the Key to Markets in 2019 Over the last two weeks, after making good on the four-rate interest hike of 2018, Fed Chairman, Jerome Powell, became more dovish to start 2019. His change in tone is worth considering because of his historical stance on reducing the amount of artificial stimulus coming from the […]
Uniting for a Green New Deal
Uniting for a Green New Deal Support is growing in the United States for a Green New Deal. Though there are competing visions for what that looks like, essentially, a Green New Deal includes a rapid transition to a clean energy economy, a jobs program and a stronger social safety net. We need a Green […]
That Green Growth at the Heart of the Green New Deal? It’s Malignant
That Green Growth at the Heart of the Green New Deal? It’s Malignant Longview, Washington. Photo: Jeffrey St. Clair. A burgeoning save-the-climate effort called the Green New Deal, explains Vox’s David Roberts, “has thrust climate change into the national conversation, put House Democrats on notice, and created an intense and escalating bandwagon effect. … everyone […]
We’re Reaching the Beginning of the End of the Pension Fund Crisis
We’re Reaching the Beginning of the End of the Pension Fund Crisis Photo by Bank of England | CC BY | Photoshopped from original The pension crisis has been escalating for quite some time, and accounting for pension shortfalls seems next to impossible for state governments. The shortfall between pension assets and liabilities is a major […]
Why Silver & Barter Could Become the Alternative to Cryptocurrency
Why Silver & Barter Could Become the Alternative to Cryptocurrency QUESTION: RE: ….& Coming Barter System. So, are you suggesting that we may see a shift to Silver by private individuals as the only way to sidestep Government stupidity, or will it be even worse, like trading whiskey for toilet paper?? TWE ANSWER: Assuming government attempts […]
Quantitative Brainwashing
Quantitative Brainwashing We’re all familiar with the term, “quantitative easing.” It’s described as meaning, “A monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply.” Well, that sounds reasonable… even beneficial. But, unfortunately, that’s not really the whole […]
Global Economy Flashes Red As China Shipping Rates Collapse
Global Economy Flashes Red As China Shipping Rates Collapse A dramatic and sudden slowdown in the rate at which numerous commodities are being shipped to China suggests slowing demand for raw materials in the world’s second-largest economy, and signals a wider economic slowdown globally looms. “Recent shipping data has turned negative with charter rates across […]
Turkey’s Debt Crisis Deepens, Erdogan Bails out Banks His Way
Turkey’s Debt Crisis Deepens, Erdogan Bails out Banks His Way Shifting bad consumer & business debts from banks to the public, but the way this bank bailout got packaged is pretty nifty. Turkish President Recep Tayyip Erdoğan has launched a raft of measures ostensibly designed to reanimate the economy, including offering direct financial support for […]
World is Comfortably Unaware of Approaching Disaster – Andrei Polgar
World is Comfortably Unaware of Approaching Disaster – Andrei Polgar Best-selling author of “The Age of Anomaly,” economist Andrei Polgar, says the world is set up to be blindsided in the next financial disaster. Polgar points out, “Right now, after so many years after the ‘Great Recession,’ not only are people comfortably unaware, but even […]
Global Debt Surpasses 244 Trillion Dollars As “Nearly Half The World Lives On Less Than $5.50 A Day”
Global Debt Surpasses 244 Trillion Dollars As “Nearly Half The World Lives On Less Than $5.50 A Day” The borrower is the servant of the lender, and one of the primary ways that the elite keep the rest of us subjugated is through the $244,000,000,000,000 mountain of global debt that has been accumulated. Every single […]
Why Sustainable Agriculture Should Support a Green New Deal
Why Sustainable Agriculture Should Support a Green New Deal “For Sale” signs have replaced “Dairy of Distinction” on the last two dairy farms on the road I drive to town. The farm crisis of the 1980’s that never really went away has resurfaced with a vengeance. In 2013, aggregate farm earnings were half of what […]
Response to US global bullying: Iran, India ditch dollar to continue trading oil despite sanctions
Response to US global bullying: Iran, India ditch dollar to continue trading oil despite sanctions © Getty Images In an effort to circumvent US-imposed sanctions, India and Iran have reportedly ditched the US dollar and are trading oil in rupees. The reason becomes clear after considering the dynamics at play in the region. In mid-February […]
