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War Essay- The consequences of nuclear war on US society
War Essay- The consequences of nuclear war on US society Summary The US emerged from WWII as the world’s leading economic and military power. Since that time US hegemony has been predicated on: 1) unrivaled military strength, 2) control of world’s energy reserves and 3) primacy of the US dollar as the world’s reserve currency. […]
Turkey Dismisses Trump’s Threat To Devastate Economy Over Kurds
Turkey Dismisses Trump’s Threat To Devastate Economy Over Kurds Turkey has brushed off a Sunday threat by President Trump to “devastate” them economically if they attack the Kurdish militia (YPG) in northern Syria, which US forces have fought alongside against the Islamic State (IS). Turkey regards the YPG as terrorists. ✔ Starting the long overdue […]
Embarrassing Speeches: Signs of a Dying Empire
Embarrassing Speeches: Signs of a Dying Empire “What are you reading my lord?” — Polonius “Words.” — Hamlet Something has changed in U.S. politics. And it may finally signal something changing for the better. Since the announcement (but no real follow through) to end our military involvement in Syria what passes for our statesmen — […]
Secret Money for Private Armies – Catherine Austin Fitts
Secret Money for Private Armies – Catherine Austin Fitts Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says it looks like a “global recession is coming.” Is that going to cause the debt reset we’ve been hearing about for years? Fitts says, “Make no mistake about it, there is no reason for […]
A Massive Winter Storm Buries Parts Of The US, Kills Seven
A Massive Winter Storm Buries Parts Of The US, Kills Seven After what was a quiet but abnormally warm start to 2019, a severe winter storm has left seven people dead as it charged across the Midwestern US, striking the Mid-Atlantic coast on Sunday. By late Saturday night, the storm had shifted over the Virginia, Washington, D.C., and Baltimore region, where 4 to 7 […]
World Seriously Needs to Tell Trump “Go to Hell”
World Seriously Needs to Tell Trump “Go to Hell” The US threatens German companies with sanctions if they continue with Nord Stream 2. This is not our place. Neither the US nor President Trump should not be the sole decider of global sanctions. If the EU wants to do business with Russia to secure natural […]
If America Stopped Destroying The World, The Bad Guys Might Win
If America Stopped Destroying The World, The Bad Guys Might Win Secretary of State Mike Pompeo told reporters on Saturday that the government under Venezuela’s recently re-inaugurated president Nicolas Maduro is “illegitimate”, and that “the United States will work diligently to restore a real democracy to that country.” Pompeo’s remarks, which were echoed by Trump’s National […]
Placing the USA on a Collapse Continuum with Dmitry Orlov
Placing the USA on a Collapse Continuum with Dmitry Orlov The West is rotting! Yes, maybe, but what a nice smell… -Old Soviet joke The word ‘catastrophe‘ has several meanings, but in its original meaning in Greek the word means a “sudden downturn” (in Greek katastrophē ‘overturning, sudden turn,’ from kata- ‘down’ + strophē ‘turning’). […]
Risks to the Global Economy in 2019
Adam Gault/Getty Image Risks to the Global Economy in 2019 Over the course of this year and next, the biggest economic risks will emerge in those areas where investors think recent patterns are unlikely to change. They will include a growth recession in China, a rise in global long-term real interest rates, and a crescendo […]
Reckless Path to Nuclear Weapons Leaves Us Looking Over the Edge
Reckless Path to Nuclear Weapons Leaves Us Looking Over the Edge The Doomsday Clock is likely to advance again later this January. What heralded the United States as a uniquely dangerous force was its creation of the atomic bomb, the world’s first nuclear weapon. Prompting this was Albert Einstein‘s signing of a letter regarding nuclear […]
US Debt: Bomb or Overblown?
US Debt: Bomb or Overblown? SUMMARY The latest report from the Congressional Budget Office (CBO) is enough to curdle the blood of any fiscal conservative. According to the report, US federal debt held by the public relative to GDP currently stands at 78 percent (debt issued in Treasury securities). If current trends hold, that number […]
German Business Blasts Trump’s NordStream 2 Sanctions As “Attack On EU Sovereignty”
German Business Blasts Trump’s NordStream 2 Sanctions As “Attack On EU Sovereignty” A German business group said on Friday that any attempts by the United States to stop Europe from buying Russian gas in the form of additional sanctions against Moscow would be an attack on European sovereignty, reports Reuters. “If the U.S. decided to sanction […]
The scenarios of the collapse
The scenarios of the collapse 2019 has started more calmly after a very volatile year-end in the markets. Focus has been on the trade deal between China and the US and the words of the central bankers, most notably those of Jay Powell. However, this is all just a distraction, a side-show. The market volatility […]
US Electric Grid Hacked: Perpetrators Could Have Shut Down the System
US Electric Grid Hacked: Perpetrators Could Have Shut Down the System Hackers broke into the US electric grid with spearphishing techniques targeting contractors with system access. The Wall Street Journal has a detailed report out today regarding a sophisticated, and successful attack by hackers into the US electric grid. The hackers could have temporarily shut […]
