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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 […]

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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 […]

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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 […]

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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 […]

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‘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 […]

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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 […]

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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. […]

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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 […]

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The Amazing Amount Of Solar Power Needed To Run The U.S. Transportation Sector

The Amazing Amount Of Solar Power Needed To Run The U.S. Transportation Sector The U.S. Solar PV Industry will never be able to grow large enough to power the transportation industry.  Why?  Because the amount of energy needed is well beyond the forecasted growth of U.S. solar power generation.  And, it’s even worse than that.  […]

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Are the Neocons the Greatest Threat to World Peace?

Are the Neocons the Greatest Threat to World Peace? QUESTION: Mr. Armstrong; I have heard people say that the Russian sanctions were intended to overthrow Putin. Is it true that the Neocons believe that Russia will collapse and they will then walk in and take control of all their nukes? PV ANSWER: Believe it or […]

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Is Trump Eyeing A Coup In Venezuela?

Is Trump Eyeing A Coup In Venezuela? The Trump administration and some others in the U.S. government have sent some not-so-subtle hints lately that they are open to a military invasion of Venezuela to oust President Nicolas Maduro. “It’s a regime that frankly could be toppled very quickly by the military, if the military decides […]

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Is the U.S. in a Pre-Fascist Period?

Is the U.S. in a Pre-Fascist Period? Photo Source Eden, Janine and Jim | CC BY 2.0 Since Pres. Donald Trump’s election, a variety of well-intentioned commentators have raised a chorus of concern that the U.S. was entering – or is in – a per-fascist period.  If so, what is to be done?  If not, what does […]

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China Slams Another “Provocative” US B-52 Flyover Above Disputed Seas

China Slams Another “Provocative” US B-52 Flyover Above Disputed Seas Another incident involving US military operations over disputed waters near China has resulted in Beijing issuing a scathing condemnation of Washington amidst already soaring trade war tensions. China’s defense ministry on Tuesday denounced recent US-B52 bomber flyovers of the South China Sea and East China Sea, calling […]

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Is a Dystopian “Social Credit” Program Coming to America? Or Is It Already Here?

Is a Dystopian “Social Credit” Program Coming to America? Or Is It Already Here? Have you heard about China’s dystopian new “social credit” program? If you haven’t, there’s a terrifying infographic from Bored Panda that I’ll be referencing throughout this article. The good news is that this is happening in China, where we all know […]

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“The Threat Is With Us Today”: US Powerless Against Weaponized Drone Attacks, DHS Warns

“The Threat Is With Us Today”: US Powerless Against Weaponized Drone Attacks, DHS Warns The Department of Homeland Security (DHS) is asking Congress for more powers to combat against malicious drones that could threaten the US. Top intelligence officials are increasingly concerned about the use of transporting narcotics via drones by drug cartels and weaponized […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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