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Goldman: US-China Trade War Set To Worsen
Goldman: US-China Trade War Set To Worsen Echoing the comments laid out last night by Standard Chartered’s Steven Englander, this morning Goldman Sachs doubled down on how the US-China trade war will progress in the near-future, warning that it expects the tensions to get worse, at least initially. Speaking to Bloomberg TV, Goldman’s co-head of […]
TARIFF WARS AND THE FALLACY OF THE BALANCE OF TRADE
TARIFF WARS AND THE FALLACY OF THE BALANCE OF TRADE The world may be on the brink of a series of trade wars between the United States and both the European Union and China. All the parties say they don’t want this — though President has asserted that trade wars are not a problem and […]
Why Trade War Is Now Set To Get Much Worse
Why Trade War Is Now Set To Get Much Worse In a note written on Monday, ahead of today’s latest escalation by the US which unveiled a list of $200BN in incremental tariffs sending risks assets sharply lower and yet which was perfectly expected and previewed both here and elsewhere as it was part of […]
A New World Order: Brought to You by the Global-Industrial Deep State
A New World Order: Brought to You by the Global-Industrial Deep State “There are no nations. There are no peoples … There is only IBM and ITT and AT&T, and DuPont, Dow, Union Carbide and Exxon. Those are the nations of the world today. The world is a college of corporations, inexorably determined by the […]
America Bombs, Europe Gets the Refugees. That’s Evil
America Bombs, Europe Gets the Refugees. That’s Evil The US Government (with France and a few other US allies) bombs Libya, Syria, etc.; and the US regime refuses to accept any of the resulting refugees — the burdens from which are now breaking the EU, and the EU is sinking in economic competition against America’s international […]
How Bad Is Iran’s Oil Situation?
How Bad Is Iran’s Oil Situation? The U.S. government has continued its attempts to shut down Iran’s oil exports, and in recent days Iranian officials responded by threatening to block the Strait of Hormuz. Such an outcome is highly unlikely, but the war of words demonstrates how quickly the confrontation is escalating. Oil prices spiked […]
The USA Is Now a 3rd World Nation
The USA Is Now a 3rd World Nation I know it hurts, but the reality is painfully obvious: the USA is now a 3rd World nation. Dividing the Earth’s nations into 1st, 2nd and 3rd world has fallen out of favor;apparently it offended sensibilities. It has been replaced by the politically correctdeveloped and developing nations, […]
The Economic History Of The World In One Minute
The Economic History Of The World In One Minute “…and America’s pre-eminence is over” ✔ The economic history of the world in one minute 6:53 PM – Jul 7, 2018 As we noted previously, history did not end with the Cold War and, as Mark Twain put it, whilst history doesn’t repeat it often rhymes. As […]
Chinese Refiner Halts US Oil Purchases, May Use Iran Oil Instead
Chinese Refiner Halts US Oil Purchases, May Use Iran Oil Instead With the US and China contemplating their next moves in what is now officially a trade war, a parallel narrative is developing in the world of energy where Asian oil refiners are racing to secure crude supplies in anticipation of an escalating trade war […]
Experts Warn Of Chaos For The U.S. Economy As China Declares That “The Biggest Trade War In Economic History” Has Begun
Experts Warn Of Chaos For The U.S. Economy As China Declares That “The Biggest Trade War In Economic History” Has Begun Nothing is going to be the same after this. On Friday, the United States hit China with 34 billion dollars in tariffs, and China immediately responded with similar tariffs. If it stopped there, this […]
US, Iran Clash in Hormuz Strait: Not an Improbable Scenario
US, Iran Clash in Hormuz Strait: Not an Improbable Scenario The US remains adamant in its desire to cut Iran’s oil exports to zero, even if it hurts importing countries. America’s secondary sanctions on firms dealing with Iran would “snap back” on August 6 for trade in cars and metals and on November 4 for oil and […]
President Franklin D. Roosevelt: Architect of Monetary Madness and a U.S. Debt Default
President Franklin D. Roosevelt: Architect of Monetary Madness and a U.S. Debt Default Every schoolchild is dutifully taught that President Franklin D. Roosevelt (FDR) was America’s savior. They are repeatedly told that FDR and his New Deal policies pulled the U.S. out of the Great Depression. What nonsense. In fact, FDR was the architect of […]
Corporate Media’s About-Face on Ukraine’s Neo-Nazis
Corporate Media’s About-Face on Ukraine’s Neo-Nazis U.S. corporate media spent years dismissing the role of neo-Nazis in Ukraine’s 2014 coup but it is suddenly going through a conversion, as Daniel Lazare reports. Last month a freelance journalist named Joshua Cohen published an article in The Washington Post about the Ukraine’s growing neo-Nazi threat. Despite a gratuitous swipe at […]
America First, Helsinki, and Trump’s Existential Threat to the Empire
America First, Helsinki, and Trump’s Existential Threat to the Empire The major – perhaps only – redeeming virtue of the Donald’s ersatz campaign platform was his clear intent to seek a rapprochement with Russia, revamp America’s commitments to NATO and other cold war relics and to discard “Regime Change” as the core tenant of foreign […]
Growing Echo Chambers and Proliferating Propaganda Lead to Fears of a Second American Civil War
Growing Echo Chambers and Proliferating Propaganda Lead to Fears of a Second American Civil War Brother turning on brother, sister on sister. A second American civil war? How could this even be possible in our modern, civilized times? The answer is all around you. Tensions run high and hatred spews from the mouths of pundits […]
