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Goldman: US-China Trade War Set To Worsen

Goldman: US-China Trade War Set To Worsen Echoing the comments laid out last night by Standard Chartered’s Steven Englander, this morning Goldman Sachs doubled down on how the US-China trade war will progress in the near-future, warning that it expects the tensions to get worse, at least initially. Speaking to Bloomberg TV, Goldman’s co-head of […]

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“Past Point Of No Return”: World Markets Tumble Amid Global Trade War Shockwaves

“Past Point Of No Return”: World Markets Tumble Amid Global Trade War Shockwaves In almost every way, the overnight trading action has been a mirror image of the ramp observed on Monday morning, when trade tensions – inexplicably, one trading day after trade war started – were said to have “gone away” leading to a […]

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A Storm Is Brewing For U.S. Oil Exports

A Storm Is Brewing For U.S. Oil Exports Two geopolitical developments in recent weeks—U.S. sanctions on Iran and the escalating U.S.-Chinese trade war—are set to reshuffle the U.S. oil flows to the world’s fastest-growing oil market, Asia. On the one hand, the United States is pressing Iran’s oil customers to cut their Iranian crude imports […]

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TARIFF WARS AND THE FALLACY OF THE BALANCE OF TRADE

TARIFF WARS AND THE FALLACY OF THE BALANCE OF TRADE The world may be on the brink of a series of trade wars between the United States and both the European Union and China. All the parties say they don’t want this — though President has asserted that trade wars are not a problem and […]

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Globalists Are Telling Us Exactly What Disasters They’re Planning for The Economy

Globalists Are Telling Us Exactly What Disasters They’re Planning for The Economy Years ago when analysts first started to use the term “globalist”, there was an immediate recognition among liberty advocates as to who they were referring to. This was back when the movement for small government, the non-aggression principle, and true free markets was […]

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Why Trade War Is Now Set To Get Much Worse

Why Trade War Is Now Set To Get Much Worse In a note written on Monday, ahead of today’s latest escalation by the US which unveiled a list of $200BN in incremental tariffs sending risks assets sharply lower and yet which was perfectly expected and previewed both here and elsewhere as it was part of […]

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A New World Order: Brought to You by the Global-Industrial Deep State

A New World Order: Brought to You by the Global-Industrial Deep State “There are no nations. There are no peoples … There is only IBM and ITT and AT&T, and DuPont, Dow, Union Carbide and Exxon. Those are the nations of the world today. The world is a college of corporations, inexorably determined by the […]

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America Bombs, Europe Gets the Refugees. That’s Evil

America Bombs, Europe Gets the Refugees. That’s Evil The US Government (with France and a few other US allies) bombs Libya, Syria, etc.; and the US regime refuses to accept any of the resulting refugees — the burdens from which are now breaking the EU, and the EU is sinking in economic competition against America’s international […]

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How Bad Is Iran’s Oil Situation?

How Bad Is Iran’s Oil Situation? The U.S. government has continued its attempts to shut down Iran’s oil exports, and in recent days Iranian officials responded by threatening to block the Strait of Hormuz. Such an outcome is highly unlikely, but the war of words demonstrates how quickly the confrontation is escalating. Oil prices spiked […]

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Chinese Refiner Halts US Oil Purchases, May Use Iran Oil Instead

Chinese Refiner Halts US Oil Purchases, May Use Iran Oil Instead With the US and China contemplating their next moves in what is now officially a trade war, a parallel narrative is developing in the world of energy where Asian oil refiners are racing to secure crude supplies in anticipation of an escalating trade war […]

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Experts Warn Of Chaos For The U.S. Economy As China Declares That “The Biggest Trade War In Economic History” Has Begun

Experts Warn Of Chaos For The U.S. Economy As China Declares That “The Biggest Trade War In Economic History” Has Begun Nothing is going to be the same after this.  On Friday, the United States hit China with 34 billion dollars in tariffs, and China immediately responded with similar tariffs.  If it stopped there, this […]

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Gross Incompetence

Gross Incompetence Jean-Léon Gérôme Truth Coming Out of Her Well to Shame Mankind 1896 Here’s the lowdown: the EU’s single market mechanism dictates freedom of movement for labor, capital, services and goods. These are not divisible; you cannot have one without the other. Still, that’s precisely what Theresa May, again, is proposing. She basically wants […]

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Saudi Arabia was supposed to pump almost 14 mb/d in 2018

Saudi Arabia was supposed to pump almost 14 mb/d in 2018 We have to dig a little bit into history to see the context of this remarkable tweet whereby we have to switch between events and later, delayed analysis with the benefit of hindsight. 10 years ago GW Bush visited Saudi Arabia: Fig 2: Sword […]

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US, Iran Clash in Hormuz Strait: Not an Improbable Scenario

US, Iran Clash in Hormuz Strait: Not an Improbable Scenario The US remains adamant in its desire to cut Iran’s oil exports to zero, even if it hurts importing countries. America’s secondary sanctions on firms dealing with Iran would “snap back” on August 6 for trade in cars and metals and on November 4 for oil and […]

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Were the Crusades just for Plunder & Money?

Were the Crusades just for Plunder & Money? QUESTION: Were the Crusades inspired by economics? You mentioned how Venice looted Constantinople. Thank you for making history interesting KR ANSWER: To understand the Crusades, we have to first look at what was the original justification. The Catholic Church encouraged pilgrimages from the 4th century, but they began […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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