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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 […]
Turkish Lira Tumbles As Tanks Amass Along Syrian Border
Turkish Lira Tumbles As Tanks Amass Along Syrian Border After an already painful start for the Turkish lira this year, shedding more than 3.5% of its value against the dollar during the first three days of 2019 when it flash crashed after Mrs Watanabe puked on the carry trade after Apple shockingly guided lower, and after […]
Will the Yellow Vests Protests Come to the US?
Will the Yellow Vests Protests Come to the US? A truth about movements is, they move. They morph, evolve and move around a country or even around the globe. This occurs over months and often over years. The US Occupy encampment era occurred ten months after the Arab Spring and six months after the Spanish […]
For Hollywood, ‘Vice’ Remarkably Astute about Politics
For Hollywood, ‘Vice’ Remarkably Astute about Politics Adam McKay’s movie may be flawed, but it’s still must-see for his depiction of how Cheney amassed power by exploiting Watergate, an inexperienced president and 9/11, writes James DiEugenio. In 2015, director Adam McKay did something unusual in Hollywood. He made a good film out of a good […]
Russia Backs Away From Dollar AGAIN: Shifts $100 Billion To Yuan, Yen, And Euro
Russia Backs Away From Dollar AGAIN: Shifts $100 Billion To Yuan, Yen, And Euro Russia is continuing to ramp up its efforts to move away from the American dollar. The country just shifted $100 billion of its reserves to the yuan, the yen, and the euro in their ongoing effort to ditch the dollar. The […]
The Secret Logistics of America’s Global Deep State
The Secret Logistics of America’s Global Deep State Why is America’s Baghdad Embassy the world’s largest embassy — and the largest by far? “It’s as if the US Embassy is there not only to protect American interests, but to manage the entire world from the heart of the capital, Baghdad.” — Iraqi Sheikh Qassim Al […]
How Mainstream Media Join the US Government Offensive Against Iran: Case Study of Reuters
How Mainstream Media Join the US Government Offensive Against Iran: Case Study of Reuters Summary: A 2013 news investigation of Iranian corruption by Reuters news service has been cited by at least four books published one after another, the most recently in 2018. It has also been cited by US Secretary of State Mike Pompeo in […]
A Visit to Titusville: Building Resilient Communities
A Visit to Titusville: Building Resilient Communities The University of Pittsburgh recently invited me to their Titusville, PA campus to speak about the Transition Towns movement.I chose the theme of creating communities that have the resiliency to withstand the inevitable challenges of this century. I met with three classes, had lunch with student leaders, made […]
Fracked Shale Oil Wells Drying Up Faster than Predicted, Wall Street Journal Finds
Fracked Shale Oil Wells Drying Up Faster than Predicted, Wall Street Journal Finds In 2015, Pioneer Natural Resources filed a report with the federal Securities and Exchange Commission, in which the shale drilling and fracking company said that it was “drilling the most productive wells in the Eagle Ford Shale” in Texas. That made the company […]
