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All-Out Trade War: China Strikes Back With 25% Tariffs On $50BN Of US Imports
All-Out Trade War: China Strikes Back With 25% Tariffs On $50BN Of US Imports Beijing wasted no time in striking back at Washington’s latest round of tariffs on Chinese imports by announcing a new list of US products that would be subject to punitive action, as the world’s two largest economies edge ever closer towards […]
China Vows Retaliation With “Same Scale, Intensity” To Any New US Tariffs
China Vows Retaliation With “Same Scale, Intensity” To Any New US Tariffs Trump’s aggressive trade war overtures and China’s initial retaliatory moves have spooked Wall Street over the past week and again on Monday, which helped drive down the Dow Jones by 459 points, with the Nasdaq Composite quickly approaching correction territory. And as the mass […]
A Dangerous Crossroads: What’s in Store for the Relations Between Russia and the West?
A Dangerous Crossroads: What’s in Store for the Relations Between Russia and the West? No, it’s not a return to George Kennan and his containment policy. It looks more like a slow strangulation, with mounting pressure everywhere. The furor over the Skripal poisoning case is being raised at a time when moves by the West are […]
Dollar Hegemony – Real or Sophistry?
Dollar Hegemony – Real or Sophistry? QUESTION: Mr. Armstrong; I really wish I found you sooner. A friend of mine has been telling me to listen. He bought the Dow at 17,000 and sold it 26,000 on your advice. He paid off his house and has told me – see, I told you so. I […]
U.S. and Russia Making Preparations for World War III
U.S. and Russia Making Preparations for World War III The anti-neoconservative Colonel Lawrence Wilkerson, who had been the chief aide to U.S. Secretary of State Colin Powell and had opposed America’s invading Iraq, spoke on March 2nd explaining how the U.S. and Russia are drifting ever-more-rapidly into World War III. He said it’s essentially the […]
Syriasly
Syriasly “Peace with Honor” was President Nixon’s anodyne phrase for futzing around as long as possible in Vietnam to conceal the reality that the US military was getting its ass kicked by what we had initially thought was a 98-pound weakling of a Third World country. That was a half-century ago and I remember it […]
Russia ‘Novichok’ Hysteria Proves Politicians and Media Haven’t Learned the Lessons of Iraq
Russia ‘Novichok’ Hysteria Proves Politicians and Media Haven’t Learned the Lessons of Iraq The current state of anti-Russia hysteria is reminiscent of earlier dark chapters of American history, including the rush to war in Iraq of the early 2000s and McCarthyism of the 1950s, Patrick Henningsen observes. If there’s one thing to be gleaned from […]
“Uncontroversial” Mass Destruction
“Uncontroversial” Mass Destruction “There are two sets of scenarios in which a US president might order a nuclear strike. The first is relatively straightforward and uncontroversial: launching a retaliatory attack after or during an enemy nuclear attack.” Richard Betts and Matthew Waxman, who wrote this sentence in Foreign Policy magazine, ignore military, scientific and humanitarian […]
The Future Ain’t What It Used To Be
© Rangizzz | Dreamstime.com The Future Ain’t What It Used To Be Looks like we’re in for a much rockier ride than many expect This marks our our 10th year of doing this. And by “this”, we mean using data, logic and reason to support the very basic conclusion that infinite growth on a finite […]
Americans Trust ‘Our’ Intelligence Agencies. Should We?
Americans Trust ‘Our’ Intelligence Agencies. Should We? The record is clear that ‘our’ (that is, the ruling Establishment’s) intelligence agencies, such as the CIA, have lied to the public many times, actually lie routinely — but these lies are always revealed only decades later, by historians, which is too late, because the damage was already […]
What Could Dethrone the Dollar as Top Reserve Currency?
What Could Dethrone the Dollar as Top Reserve Currency? Central banks seem leery about the Chinese yuan. What will finally pull the rug out from under the dollar’s hegemony? The euro? The Chinese yuan? Cryptocurrencies? The Greek drachma? Whatever it will be, and however fervently the death-of-the-dollar folks might wish for it, it’s not happening […]
Keep Going. This Too Shall Pass.
Keep Going. This Too Shall Pass. Like the weather when a storm approaches, or as the seasons turn, or waves pounding on a shoreline, any deviations are measured and compared by speed and intensity. The same can be said for headlines: Omnibus, discouraged Deplorables, rumors of war, prospects of peace, economic bubbles, fluctuating markets, and […]
Russian Ambassador Speaks Out: “Relations With The US Are The Worst I Can Remember”
Russian Ambassador Speaks Out: “Relations With The US Are The Worst I Can Remember” The Russian ambassador to the United States, Anatoly Antonov, told NBC’s Today that he can’t remember a period when relations between Washington and Moscow were worse, after both countries expelled dozens of each other’s diplomats following the poisoning of a former Russian […]
Theresa May Reportedly Considering Ban On Russian Sovereign Debt Sales
Theresa May Reportedly Considering Ban On Russian Sovereign Debt Sales Echoing the Treasury Department’s decision to prohibit trading in Venezuelan “hunger bonds” in US markets, UK Prime Minister Theresa May is mulling whether to throw her support behind a measure that would ban the sale of Russian sovereign debt in City of London financial markets. […]
