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Beware of the Real Debt Crisis on the Horizon – not the BS on TV
Beware of the Real Debt Crisis on the Horizon – not the BS on TV We have to come to the reality that from 2019 onward, we are headed into a Pension Crisis that will be serious. Many are starting to yell about the debt crisis. They lump on private debt and yell its a […]
US Gross National Debt Jumps by $1.27 Trillion in Fiscal 2018, Hits $21.5 Trillion
US Gross National Debt Jumps by $1.27 Trillion in Fiscal 2018, Hits $21.5 Trillion But wait — these are the Boom Times! The US gross national debt jumped by $84 billion on September 28, the last business day of fiscal year 2018, the Treasury Department reported Monday afternoon. During the entire fiscal year 2018, the […]
New “Dark Money” Documentary Shines Light Into the Shadows Cast by the Super-Rich
Photo: Courtesy of PBS NEW “DARK MONEY” DOCUMENTARY SHINES LIGHT INTO THE SHADOWS CAST BY THE SUPER-RICH IF YOU, LIKE most Americans, believe you’re being screwed by the U.S. political system, and would like to know exactly how the screwing functions, tune into “Dark Money,” a new documentary premiering Monday, October 1 on PBS. The […]
Iran “Finalizing” Mechanism To Bypass SWIFT In Trade With Europe
Iran “Finalizing” Mechanism To Bypass SWIFT In Trade With Europe Just days after Europe unveiled a “special purpose vehicle” meant to circumvent SWIFT and US monopoly on global dollar-denominated monetary transfers – and potentially jeopardizing the reserve status of the dollar – Iran said it was finalizing mechanisms for the oil trade to bypass US […]
Moscow On US Idea To Block Russian Trade: Naval Blockade Would Mean WAR
Moscow On US Idea To Block Russian Trade: Naval Blockade Would Mean WAR In a new report, United States Secretary of the Interior Ryan Zinke suggested the US could use the Navy to block Russian energy from hitting Middle East markets. But the head of the Russian Senate’s Information Policy Committee, Aleksey Pushkov, said that […]
US Hints At Naval Blockade Of Russian Energy Exports Which Moscow Warns Would Be “An Act Of War”
US Hints At Naval Blockade Of Russian Energy Exports Which Moscow Warns Would Be “An Act Of War” In a interview about fracking and the implications of making the United States less dependent on foreign sources of energy, Interior Secretary Ryan Zinke told the Washington Examiner that the US Navy has the ability to blockade Russia from controlling […]
One Step Closer to Recession
One Step Closer to Recession As you know by now, the Federal Reserve raised interest rates again yesterday, its eighth increase since the rate hike cycle began in 2015. In his post-announcement press conference, Jerome Powell cited a strong economy, low unemployment, solid growth, etc. He said that “It’s a particularly bright moment” for the […]
Russia, China Slam United States Over “Baseless Accusations Of Interference” And International Bullying
Russia, China Slam United States Over “Baseless Accusations Of Interference” And International Bullying Russian Foreign Minister Sergey Lavrov vehemently denied US charges of election interference in a speech at the United Nations on Friday – slamming Washington and its international relations. “Baseless accusations of interference in the domestic affairs of particular countries are made while simultaneously engaging […]
Washington’s Sanctions Machine
Washington’s Sanctions Machine Perhaps it is Donald Trump’s business background that leads him to believe that if you inflict enough economic pain on someone they will ultimately surrender and agree to do whatever you want. Though that approach might well work in New York real estate, it is not a certain path to success in […]
EU, UK, Russia and China Join Together to Dodge US Sanctions on Iran
EU, UK, Russia and China Join Together to Dodge US Sanctions on Iran The UN General Assembly (UNGA) in New York is a place where world leaders are able to hold important meetings behind closed doors. Russia, China, the UK, Germany, France, and the EU seized that opportunity on Sept. 24 to achieve a real […]
‘It’s the Economy, Stupid’: What Really Drives US Sanctions Against Russia
‘It’s the Economy, Stupid’: What Really Drives US Sanctions Against Russia The US Department of Commerce has imposed restrictions on 12 Russian corporations that are “acting contrary to the national security or foreign policy interests of the US.” The notice has been published in the Federal Register. US corporations are banned from exporting dual-use goods to the sanctioned […]
Fixing Infrastructure Isn’t as Simple as Spending Another Trillion Dollars
Fixing Infrastructure Isn’t as Simple as Spending Another Trillion Dollars It isn’t easy to add new subway lines or new highways, and so “solutions” don’t really exist. If there’s one thing Americans can still agree on, it’s that America needs to spend more on infrastructure which is visibly falling apart in many places. This capital […]
As The Trade War Rages – China Won’t Be Held Hostage By The U.S. Dollar
As The Trade War Rages – China Won’t Be Held Hostage By The U.S. Dollar In last week’s Palisade Weekly Letter, I wrote about how the Chinese are now selling their U.S. debt. And since this was an important write-up, I also published it as an article – so if you missed it, click here. […]
US Evacuating Consulate In Iraq, Citing Threats From Iran
US Evacuating Consulate In Iraq, Citing Threats From Iran On Friday the State Department announced it is evacuating all non-essential personnel from the US consulate in Basra, Iraq. The drastic move comes after a month of heavy anti-Iran and anti-Iraqi government protests that have gripped the southern city, which has led to sectarian rioting and the burning […]



