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Why The Saudis Are Still Dominating Oil Markets

Why The Saudis Are Still Dominating Oil Markets Saudi Arabia is still clearly in control of the oil market. The narrative that decisively took hold over the oil market in August was one of cracks in emerging market demand, concerns over the health of the global economy and fears over the fallout from the U.S.-China […]

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Energy Is A Breaking Point In NAFTA Deal

Energy Is A Breaking Point In NAFTA Deal Oil and gas is proving to be a sticking point in the NAFTA renegotiations, with the incoming Mexican president hoping to exclude the chapter on energy from the trade deal. To be sure there have been a series of issues that have divided the three countries. Many […]

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The Weaponization of the Dollar

The Weaponization of the Dollar The Uncivil Civil War discussed the sanguine approach many investors take towards equity risk despite clear signs of domestic political turbulence. The article put the upcoming elections and the growing political divisions amongst the populace into context with market risks. While we read plenty of politically related articles and many […]

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The Suicidal Empire

The Suicidal Empire There are a lot of behaviors being exhibited by those in positions of power in the US that seem disparate and odd. We watch Trump who is imposing sanctions on country after country, dreaming of eradicating his country’s structural trade deficit with the rest of the world. We watch pretty much all […]

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A ‘Regime’ Is a Government at Odds With the US Empire

A ‘Regime’ Is a Government at Odds With the US Empire (Washington Post, 5/19/18) In the aftermath of the assassination attempt against Venezuelan President Nicolas Maduro, an article in the Miami Herald (8/5/18) reported that “a clandestine group formed by Venezuelan military members opposed to the regime of Nicolás Maduro claimed responsibility.” A New York […]

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Germany Calls For Global Payment System Independent Of The US

Germany Calls For Global Payment System Independent Of The US In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, Germany’s foreign minister Heiko Maas called for the creation of a new payments system independent of the US that would allow Brussels to be independent in its financial operations from […]

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TRUTH is so precious that she should Always be attended by a Bodyguard of Lies

TRUTH is so precious that she should Always be attended by a Bodyguard of Lies QUESTION: Do you support the unilateral withdrawal of the US from the Iran deal? ANSWER: Iran has no intention of actually conforming with that agreement. But that is really a side issue. There is a significant displeasure with the religious government […]

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Big Banks Were Meant to Gain From Bipartisan Deregulation Bill All Along, Senate Letter Reveals

Photo: Bill Clark/CQ Roll Call/AP BIG BANKS WERE MEANT TO GAIN FROM BIPARTISAN DEREGULATION BILL ALL ALONG, SENATE LETTER REVEALS DEMOCRATS WHO COLLABORATED on the bank deregulation lawpassed earlier this year have categorically insisted that it only benefits small community banks and credit unions. Take Sean Patrick Maloney, a House Democrat who is simultaneously running […]

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The Geopolitics of Energy

The Geopolitics of Energy Some brief notes on the situation around the world with respect to the influence that energy has on political developments. 1. The Middle East The Middle East continues to play a major role in the global energy scene. Notwithstanding changes that have occurred in the political situation of many countries in […]

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America Is Overdue for Another Economic Disaster

America Is Overdue for Another Economic Disaster A trader monitors screens on the New York Stock Exchange. (Lucas Jackson/Reuters) Underneath the current economic boom, there are some truly worrying signs.Eric Sevareid (1912–1992), the author and broadcaster, said he was a pessimist about tomorrow but an optimist about the day after tomorrow. Regarding America’s economy, prudent […]

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The U.S. just suffered the hottest May-June-July on record

The U.S. just suffered the hottest May-June-July on record Death Valley had the hottest average monthly temperature for any recording station in the world, 108.1 degrees F. THE CONTINENTAL US JUST SUFFERED THE HOTTEST MAY-JUNE-JULLY ON RECORD. CREDIT: NOAA If you found yourself thinking it was scorching hot in recent weeks, well, you were right. […]

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Iran Sanctions Could Backfire On U.S. Drillers

Iran Sanctions Could Backfire On U.S. Drillers The United States is upping the ante in its effort to sanction Iran, and its efforts may further complicate its ongoing trade war with China and affect the flow of oil worldwide. On August 16, the head of the new Iran Action Group, Brian Hook, announced that the […]

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Sanctions, Sanctions, Sanctions – the Final Demise of the Dollar Hegemony?

Sanctions, Sanctions, Sanctions – the Final Demise of the Dollar Hegemony? Sanctions left and sanctions right. Financial mostly, taxes, tariffs, visas, travel bans – confiscation of foreign assets, import and export prohibitions and limitations; and also punishing those who do not respect sanctions dished out by Trump, alias the US of A, against friends of […]

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Iran and the Doomsday Machine

Iran and the Doomsday Machine In Stanley Kubrick’s masterpiece, “Dr. Strangelove”, any mention of the Doomsday Machine was verboten. However, back in May 2018 the intrepid Pepe Escobar, who tends to ignore verboten warnings, presented some raw reality: It’s also no secret among Persian Gulf traders that in the – hopefully unlikely – event of […]

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Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting

Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting “Russian influence will flow through that pipeline right into Europe, and that is what we are going to prevent,” an unnamed U.S. official told the Wall Street Journal just as Russian President Vladimir Putin and Chancellor Angela Merkel meet outside of Berlin on Saturday centered […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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