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Blowback—–The Washington War Party’s Folly Comes Home To Roost
Blowback—–The Washington War Party’s Folly Comes Home To Roost Exactly 26 years ago last week, peace was breaking out in a manner that the world had not experienced since June 1914. The Berlin Wall—-the symbol of a century of state tyranny, grotesque mass warfare and the nuclear sword of Damocles hanging over the planet—-had come tumbling down […]
Carving up the Middle East
Carving up the Middle East QUESTION: Why did ISIS target France rather than Germany? Someone said it was France who created Syria. Is that really true? ANSWER: Germany is not actually a target in this chess game. It is one reason we selected Berlin for our conferences even compared to London since we had Panic […]
The Saudis Are Stumbling – They May Take the Middle East With Them
The Saudis Are Stumbling – They May Take the Middle East With Them America’s leading Sunni ally is proving how easily hubris, delusion, and old-fashioned ineptitude can trump even bottomless wealth For the past eight decades Saudi Arabia has been careful. Using its vast oil wealth, it’s quietly spread its ultra-conservative brand of Islam throughout the Muslim […]
Paris and What Should Be Done
Paris and What Should Be Done The horrific attacks in Paris on Friday have, predictably, led to much over-reaction and demands that we do more of the exact things that radicalize people and make them want to attack us. The French military wasted no time bombing Syria in retaliation for the attacks, though it is […]
OPEC’s Strategy Is Working According To Cartel’s Latest Report
OPEC’s Strategy Is Working According To Cartel’s Latest Report OPEC, which has been exceeding its own oil-production cap during the past year, says output was down in October and forecasts a production drop overall next year because of the persistent low price of oil. The cartel’s Monthly Market Report, published Thursday, said its 12 members extracted […]
Syria, climate change and the horror in Paris
Syria, climate change and the horror in Paris As the world mourns those who died in Paris last week in a killing spree for which the Islamic State in Iraq and Syria (ISIS) has claimed responsibility, reporters and commentators have been discussing the motivations behind the attacks. I’m not sure that any so far has considered […]
Widespread Terrorism Is Just Part Of The Perfect Storm That Is Now Descending On The Western World
Widespread Terrorism Is Just Part Of The Perfect Storm That Is Now Descending On The Western World Words cannot adequately describe the utter horror that was unleashed on the streets of Paris, France on Friday. CNN is calling it “the worst violence witnessed in France since World War II“, and even though it happened a […]
No Serious Financial Repercussions from the Paris Attacks? Don’t Be Too Sure
No Serious Financial Repercussions from the Paris Attacks? Don’t Be Too Sure Global sentiment might switch decisively from “risk-on” to “risk-off” with far-reaching consequences. Goldman Sachs has helpfully announced that any financial repercussions from the attacks in Paris will be short-lived, and the political repercussions will be medium-term: Increased uncertainty likely to weigh on activity and […]
50 Ways to Leave the Euro: Greece and the Global Crisis
50 Ways to Leave the Euro: Greece and the Global Crisis A sticker reads “No” on the palm of a protester during a demonstration calling for a ‘No’ vote in the upcoming referendum in Athens on Jul 3, 2015. (Photo: AFP/Aris Messinis) The problem is all inside your head, I told the Greeks The answer is […]
The French Campaign Begins: Hollande Launches “Massive Bombardment” Of ISIS Capital
The French Campaign Begins: Hollande Launches “Massive Bombardment” Of ISIS Capital Moments ago, reports began to surface on social media that the ISIS “capital” of Raqqa was under siege from the sky. It wasn’t hard to guess whose planes were carrying out the strikes. As we noted ten days ago, in a statement by the French presidency […]
The Grand Finale: “World War III Will Be A Fight Over Basic Human Needs – Food and Other Commodities”
The Grand Finale: “World War III Will Be A Fight Over Basic Human Needs – Food and Other Commodities” As political tensions heat up it is becoming clear that the world’s super powers are vying for control of resources like oil, water, metals and food. And though developed nations have thus far avoided any significant clashes […]
IMF’s Lagarde Anoints Chinese Yuan. Will it Now Demolish the “Dollar Hegemony?”
IMF’s Lagarde Anoints Chinese Yuan. Will it Now Demolish the “Dollar Hegemony?” IMF boss Christine Lagarde is gung-ho about it. IMF staff is too. The Executive Board will consider it on November 30 and in all likelihood approve it. It will take effect in October 2016. Then it’s a done deal: the Chinese yuan will […]
How Saudi/Gulf Money Fuels Terror
How Saudi/Gulf Money Fuels Terror Exclusive: With the death toll in the Paris terror attacks still rising, French President Hollande is condemning an “act of war” by the Islamic State, but the underlying reality is that France’s rich friends in the Persian Gulf are key accomplices in the mayhem, writes Daniel Lazare. In the wake of […]
A Message to Europe – Prepare for Nationalism
A Message to Europe – Prepare for Nationalism Although everyone watching has been convinced that Europe’s disastrous economy and related debt crisis would be the spark to unravel the European Union project, it appears history has its own plans. While EU technocrats have demonstrated an uncanny ability to scheme, threaten, kick the can and lie […]
Time Is Running Out For Pax Americana’s Apologists
Time Is Running Out For Pax Americana’s Apologists The paradox of the current global crisis is that for the last five years, all relatively responsible and independent nations have made tremendous efforts to save the United States from the financial, economic, military, and politicaldisaster that looms ahead. And this is all despite Washington’s equally systematic moves to destabilize […]
