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International Team of Researchers Concerned Over US Efforts to Create Bio-Weapons
International Team of Researchers Concerned Over US Efforts to Create Bio-Weapons In 1969, US President Richard Nixon ended all offensive aspects of the US bio-weapons program — the first category of weapons prohibited by an international treaty. In 1975, the US ratified both the 1925 Geneva Protocol and the 1972 Biological Weapons Convention (BWC) — […]
US Demands For More Oil Could Backfire
US Demands For More Oil Could Backfire This week the State Department accused OPEC of hiding spare capacity exceeding 1.4 million barrels daily. It urged the cartel to use it to stop the oil price rally that has continued uncomfortably close to midterm elections. The request—or demand, depending on your interpretation—is unprecedented and it might […]
Marketing War: the Incessant Drumbeat of Mortal Danger
Marketing War: the Incessant Drumbeat of Mortal Danger Photo Source The National Guard | CC BY 2.0 The claim that the national security of the United States requires that more than half the nation’s discretionary budget must be devoted to the maintenance of armies, global strategic bases and massive armaments is false. Until we can […]
“Waiting For The World To End” – Bond Rout Bodes Badly For Exuberant Equity Investors
“Waiting For The World To End” – Bond Rout Bodes Badly For Exuberant Equity Investors It was a tough week for stock market investors but the primary driver of the chaotic crumble in small caps and tech stocks was not one of the usual suspects and even for those who consider themselves ‘hedged’ or balanced […]
The View of American Politics from Afar
The View of American Politics from Afar COMMENT: This business with Trump and the media is quite amazing when seen from a distance. I read posts from people who can not see past what they are believing. It’s as if the hate for Trump has become a Religion. A religious person will refuse to look at […]
Could Donald Trump be the Last World Emperor? States and Empires After the End of the Fossil Age
Could Donald Trump be the Last World Emperor? States and Empires After the End of the Fossil Age Empires are short-lived structures created and kept together by the availability of mineral resources, fossil fuels in our times. They tend to decline and fall with the decline of the resources that created them, and that’s the […]
China Cuts Reserve Ratio, Releases 1.2 Trillion Yuan Amid Rising Trade War, Record Defaults
China Cuts Reserve Ratio, Releases 1.2 Trillion Yuan Amid Rising Trade War, Record Defaults China’s central bank announced it would cut the Required Reserve Ratio (RRR) for most banks by 1.0% effective October 15 for the fourth time in 2018, a little over three months after the PBOC announced a similar cut on June 24, […]
Former Fed Governor Warns Of “Several Decade Cold War” With China
Former Fed Governor Warns Of “Several Decade Cold War” With China Former Fed governor Kevin Warsh warned on Thursday that the US-China relationship is “probably as poor as” it has ever been since former President Richard Nixon and Henry Kissinger developed strategic relations between both countries in the early 1970s. “We’re at the risk of a […]
Declassified Cables Reveal US Plan To Nuke Vietnam
Declassified Cables Reveal US Plan To Nuke Vietnam Recently declassified documents from the Vietnam era reveal that the United States’ top military commander in Saigon activated a plan in 1968 to place nuclear weapons in South Vietnam, but was overruled by President Lyndon B. Johnson, reports the New York Times. The commander, Gen. William C. Westmoreland, […]
The US Spent A Record $523 Billion On Debt Interest In Fiscal 2018
The US Spent A Record $523 Billion On Debt Interest In Fiscal 2018 Earlier this week, when the US closed fiscal 2018 on September 30, we reported that US gross national debt jumped by $84 billion on September 28, the last business day of fiscal year 2018; with this last push higher, total gross national […]
The Federal Reserve’s Rising Interest Rates Are A Ticking Time-bomb For U.S. Economy
The Federal Reserve’s Rising Interest Rates Are A Ticking Time-bomb For U.S. Economy One of the worst things for an over-heated and extremely leveraged economy is rising interest rates. So, with the recent 2-2.25% interest rate, big trouble is on the horizon, Also, with higher interest rates, the U.S. Treasury will have to fork out […]
The “VaR Shock” Is Back: Global Bonds Lose $880 Billion In One Week
The “VaR Shock” Is Back: Global Bonds Lose $880 Billion In One Week Markets were in turmoil, S&P futures were locked limit down as traders panicked, the establishment political system was in chaos and global bond portfolios were about to suffer a near record $1.2 trillion in losses in just a few days. All this […]
USMCA: New Economic Alliance Formed to Isolate China
USMCA: New Economic Alliance Formed to Isolate China The almost 25-year-old North American Free Trade Agreement (NAFTA) has been relegated to the dustbin of history. The United States, Canada, and Mexico have agreed on a trilateral trade deal — the United States-Mexico-Canada Agreement (USMCA) — to replace it. As expected, the agreement finalized on Sept. 30 is intended to stimulate production […]
Deadly Chinese Drones Now Lurk Above Mideast Battlefields
Deadly Chinese Drones Now Lurk Above Mideast Battlefields Across the Middle East, countries banned from purchasing armed drones from the US due to a weapons embargo are increasingly gravitating towards Chinese defense manufacturers, according to a new report from the Associated Press, sales that “are helping expand Chinese influence across a region vital to American […]
India Defies US, Signs $5.4BN Arms Deal With Russia Amid Promises Of Closer Ties
India Defies US, Signs $5.4BN Arms Deal With Russia Amid Promises Of Closer Ties In what amounts to Russia’s latest act of defiance against the US and its Western allies, and a sign that India is slowly moving away from the US sphere of influence, New Delhi has signed a $5.4 billion deal for the […]
