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“It Could Open A Pandora’s Box”: Italy’s 2 Richest Regions Are Voting In Historic Autonomy Referendums

“It Could Open A Pandora’s Box”: Italy’s 2 Richest Regions Are Voting In Historic Autonomy Referendums  Voters in Italy’s two wealthiest northern regions of Lombardy and Veneto are voting on Sunday in referendums for greater autonomy from Rome, in which a positive outcome could fan regional tensions in Europe at a time when neighboring Spain […]

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450,000 Take To Barcelona’s Streets, Led By Catalan Separatist President, Chanting “Time To Declare Independence”

450,000 Take To Barcelona’s Streets, Led By Catalan Separatist President, Chanting “Time To Declare Independence” With Spain officially pulling the trigger on Article 155, and activating the Spanish Constitutional “nuclear option” this morning, when PM Rajoy said he would seize control of the Catalan government, fire everyone and force new elections in six months, attention […]

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Catalonia’s Political Crisis Snowballs into an Economic Crisis

Catalonia’s Political Crisis Snowballs into an Economic Crisis  Independence would be “horrific” and amount to “financial suicide,” said Spain’s Economy Minister. But financial suicide for whom? It’s not easy being a Catalan bank these days. In the last few weeks the region’s two biggest lenders, Caixabank and Sabadell, have lost €9 billion of deposits as […]

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An Attack on Iran or North Korea Wouldn’t Be Putting ‘America First’

An Attack on Iran or North Korea Wouldn’t Be Putting ‘America First’ Almost every day I am asked by someone what the likelihood is that we may soon be at war with Iran or North Korea, or conceivably both. As it’s unlikely either of those countries will attack the United States since it would be […]

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Spain Activates “Nuclear Option”: Will Seize Control Of Catalan Government, Force New Elections

Spain Activates “Nuclear Option”: Will Seize Control Of Catalan Government, Force New Elections Spanish Prime Minister Mariano Rajoy asked lawmakers to grant him unprecedented powers to force leaders of the Catalonia region to cease their independence push, a dramatic escalation in the confrontation between Spain and the separatist region, which the WSJ – and virtually […]

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Putin Slams US: “The Biggest Mistake Russia Ever Made Was To Trust You”

Putin Slams US: “The Biggest Mistake Russia Ever Made Was To Trust You” Russian President Vladimir Putin has not yet formally declared his intention to seek another term as leader of Russia, but many observers noted that a sweeping speech he gave at the Valdai Discussion Club in Sochi this week served as a template […]

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A New Oil Crisis Is Developing In The Middle East

A New Oil Crisis Is Developing In The Middle East After over 40 years in the energy business, more than two decades of that with a parallel career in intelligence, I regularly witness the impact of global developments on the energy markets. So it’s hardly surprising that I often address geopolitical events here. Currently, situations […]

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Uncharted Territory, Spain to Take Over Catalonia Government: What’s the Libertarian Position? 

Uncharted Territory, Spain to Take Over Catalonia Government: What’s the Libertarian Position?  Madrid will suspend Catalonia autonomy on Saturday after Carles Puigdemont, the Catalan president, refused to back down from a declaration of independence. What happens next is unknown. Spain fears violence but it may force new regional elections nonetheless. This is uncharted territory. The […]

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Europe’s Secession Problems Aren’t Going Away

Europe’s Secession Problems Aren’t Going Away Earlier this week, The New York Times noted that movements for greater local autonomy appear to be spreading throughout Europe. In some ways, the conflict in Catalonia is just the tip of the iceberg. The Times reports: Coming on the heels of the Catalan vote, the Lombardy and Veneto […]

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These Are The Top Geopolitical Risks According To The World’s Largest Asset Manager

These Are The Top Geopolitical Risks According To The World’s Largest Asset Manager Like many others, the world‘s largest money manager with $5.9 trillion in (ETF) investments, BlackRock, is not too worried about a market which no matter what, promptly rebounds from any and every selloff, and seems to close at all time highs day […]

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Bank Run Imminent: Catalan Separatists Urge Supporters To Pull Cash From Bank

Bank Run Imminent: Catalan Separatists Urge Supporters To Pull Cash From Bank As tension escalate in Spain, Catalan Separatists are potentially about to do some real damage and hit Spain where it really hurts. In a tweeted message to their 270,000 followers, Assemblea Nacional urged supporters to pull cash from CaixaBank and Banco Sabadell branches […]

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How Gold Bullion Protects From Conflict And War

How Gold Bullion Protects From Conflict And War – Gold and silver’s historical role in conflict shaped the world today and the modern financial system – Gold played an important function in the great conflicts up to and throughout the 20th century – Gold and the effective use of bullion played a crucial role in the […]

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If a North Korean EMP Could Kill 90% of Americans in a Year, Why Did the DoD Just Defund the Congressional EMP Commission?

If a North Korean EMP Could Kill 90% of Americans in a Year, Why Did the DoD Just Defund the Congressional EMP Commission? At a House hearing yesterday, experts warned members of Congress that a North Korean EMP attack could kill 90% of Americans within one year, calling it an “existential threat.” But despite this […]

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Has the American Hegemon Gone Rogue?

Has the American Hegemon Gone Rogue? During the US electoral campaign last year people of various political convictions feared that the election of Hillary Clinton as US president might lead to a military confrontation with the Russian Federation. On the other hand, Donald Trump declared that better relations with Russia appeared to him to be […]

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You cannot have a war economy if there is no war. My 4th presentation of “The Seneca Effect” in Paris 

You cannot have a war economy if there is no war. My 4th presentation of “The Seneca Effect” in Paris  Above, at the Momentum Institute in Paris on Friday 13th, 2017. Ugo Bardi is on the left of the photo, Yves Cochet (president of the institute) is at the center, with the white shirt.  The […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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