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Stop Complaining and Just Delete Facebook
Stop Complaining and Just Delete Facebook I wrote just one post last week and it centered around the dangers posed to society by U.S. tech giants. I specifically called out Facebook, pointing out how company executives are currently groveling to politicians in order to prevent legislation that might deem it a monopoly and curtail its […]
Trump Warns Allies “Risk Severe Consequences” If They Violate Iran Sanctions
Trump Warns Allies “Risk Severe Consequences” If They Violate Iran Sanctions With the hours ticking by ahead of Washington’s re-imposition of a slew of economic sanctions on Iran, President Trump has just released a statement confirming the narrative he would prefer Americans believe. Just hours after the European Union issued a statement Monday ahead of […]
Americans Live In A World Of Lies
Americans Live In A World Of Lies The US government and the presstitutes that serve it continue to lie to us about everything. Today the Bureau of Labor Statistics told us that the unemployment rate was 3.9%. How can this be when the BLS also reports that the labor force participation rate has declined for […]
China Launches Personal Attack At “Arrogant, Deceitful” Trump: “We Are Prepared To Fight To The End”
China Launches Personal Attack At “Arrogant, Deceitful” Trump: “We Are Prepared To Fight To The End” All hope abandon ye who think the trade war with China has any hope of ending soon. One month ago, Beijing ordered China’s state media “not to use aggressive language” for Trump. As of Sunday, that directive has clearly […]
Iranian Navy Holds Drills In Persian Gulf After Threats To Block Strait Of Hormuz
Iranian Navy Holds Drills In Persian Gulf After Threats To Block Strait Of Hormuz Iran’s Revolutionary Guard on Sunday confirmed rumors that they moved up the timing of a large naval drill in the Persian Gulf several days ahead of the Islamic Republic’s planned annual exercises, according to Reuters. State news agency IRNA said the war games were aimed at “confronting […]
Russia’s Foresight Stands It in Good Stead
Russia’s Foresight Stands It in Good Stead Charles Maurice de Talleyrand, the famous French diplomat who served as foreign minister for Napoleon, said “The art of statesmanship is to foresee the inevitable and to expedite its occurrence.” Moscow realized that the US would continue its efforts to strangle Russia economically to make countermeasures inevitable. The Russian government […]
Housing Bubbles Are Dangerous, That’s Why Canada is Finally Trying to Tamp Down on Them. And the US?
Housing Bubbles Are Dangerous, That’s Why Canada is Finally Trying to Tamp Down on Them. And the US? Wolf Richter with Jim Goddard on This Week in Money: The underlying dynamics are similar, but the approach is different. Home prices experience a historic spike in Seattle, and sharp increases in other metros, but prices of condos […]
The U.S. Remains The Natural Gas King
The U.S. Remains The Natural Gas King Data from the 2018 BP Statistical Review of World Energy show that last year the U.S. maintained a healthy lead as the global natural gas powerhouse. In 2017, the U.S. produced an average of 71.1 billion cubic feet per day (Bcf/d) of natural gas. That’s a 1.0 percent increase from 2016 production, but not […]
Canadians Begin Boycotting US Goods
Canadians Begin Boycotting US Goods With Trump’s trade war against China progressing and escalating seemingly every day, culminating for now with China’s Friday announcement of another $60 billion in tariffs on US imports in response to Trump’s threat to tax $200 billion of Chinese imports at a 25% rate, some China watchers expected that one […]
Light It Up?
Light It Up? The Guardians of the Galaxy at National Public Radio were beside themselves Wednesday night reporting that “the lights are blinking red for a 2018 election attack by Russia.” Well, isn’t that an interesting set-up? In effect, NPR is preparing its listeners in advance to reject and dispute the coming midterm election if […]
Sales of Physical Gold Explode as the Currency Wars Continue to Unfold
Sales of Physical Gold Explode as the Currency Wars Continue to Unfold Trade wars are erupting, scandals are unfolding and now the United States is entering into the much prophesied currency wars that many experts have predicted was coming for years. The United States and China, who continue to hold out against American tariffs, are […]
US Paranoia Ramps Up Infowar on Russia
US Paranoia Ramps Up Infowar on Russia This week saw renewed effort by US politicians and media to ramp up the information war against Russia. The impetus came from the US-based social media network, Facebook, declaring that it had identified “coordinated political influence campaigns”. Never mind that the internet giant admitted that it did not […]
Two Knockout Blows to US Imperialism: De-Dollarization and Hypersonic Weapons
Two Knockout Blows to US Imperialism: De-Dollarization and Hypersonic Weapons In the current multipolar world in which we live, economic and military factors are decisive in guaranteeing countries their sovereignty. Russia and China seem to be taking this very seriously, committed to the de-dollarization of their economies and the accelerated development of hypersonic weapons. The transition […]
US Trade Policy: Not Only are We Stupid, We are Hypocrites
US Trade Policy: Not Only are We Stupid, We are Hypocrites The news agencies reported Trump would extend tariffs on Wednesday. Instead, we have an outline of possible actions. The Wall Street Journal reports U.S. Turns Up the Heat on China. The U.S. turned up the heat Wednesday on China, with the Trump administration threatening […]
Five Trillion Dollars! Doomed US Pensions’ Shortfall Now The Size Of Japan’s Economy
Five Trillion Dollars! Doomed US Pensions’ Shortfall Now The Size Of Japan’s Economy Scores of public pensions across the United States are so massively underfunded that the shortfall is roughly equal to Japan’s GDP – the world’s third-largest economy, according to Moody’s Investors Service. State and local pension plans in the U.S. now have less than […]
