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The Fed Has Its Finger On The Button Of A Nuclear Debt Bomb
The Fed Has Its Finger On The Button Of A Nuclear Debt Bomb I hear a lot of talk lately in the alternative media (and even the mainstream media) of the potential for World War III. The general assumption when one hears that term is that “nuclear conflict” is imminent. But a world war does […]
Trade Wars
TRADE WARS An overt trade war has commenced. President Trump has fired the starting gun, setting in motion an election promise, part of his Make America Great Again undertaking. It is a blow squarely aimed against China, costing China some trade perhaps, but basically a loser’s last roll of the dice. The back story appears […]
Trump’s Tariffs Could Start a Real War
Trump’s Tariffs Could Start a Real War Trump’s steel and aluminum tariffs may set his epitaph in stone… “Herbert Hoover II.” History remembers Hoover as one of the worst American presidents. Like Trump, he was a rich international businessman. He was also a political outsider. Hoover hadn’t held public office before his 1929 inauguration. And, […]
There is No “Free Trade”–There Is Only the Darwinian Game of Trade
There is No “Free Trade”–There Is Only the Darwinian Game of Trade Rising income and wealth inequality is causally linked to globalization and the expansion of Darwinian trade and capital flows. Stripped of lofty-sounding abstractions such as comparative advantage, trade boils down to four Darwinian goals: 1. Find foreign markets to absorb excess production, i.e. […]
China Accuses US Of Fabricating Trade Data, Warns “Trade War Would Be A Disaster”
China Accuses US Of Fabricating Trade Data, Warns “Trade War Would Be A Disaster” While Canada and Mexico and soon other US “allies” have so far been spared the brunt of the Trump import tariffs on aluminum and steel imports as a result of “indefinite” exemptions for the duration of Nafta negotiations, China – the […]
Trump Trade Wars A Perfect Smokescreen For A Market Crash
Trump Trade Wars A Perfect Smokescreen For A Market Crash First, I would like to say that the timing of Donald Trump’s announcement on expansive trade tariffs is unusual if not impeccable. I say this only IF Trump’s plan was to benefit establishment globalists by giving them perfect cover for their continued demolition of the […]
Europe Will Retaliate To Trump Trade War With 25% Tariffs Targeting GOP States
Europe Will Retaliate To Trump Trade War With 25% Tariffs Targeting GOP States Following through with threats of retaliation made earlier in the week, the European Union on Tuesday is preparing punitive tariffs on iconic US brands produced in Republican-controlled states as US trade partners try to do anything and everything they can to stymie […]
Iran Bans Use Of US Dollars In Trade
Iran Bans Use Of US Dollars In Trade In what may be a preemptive move against further US sanctions, Tehran announced that going forward, merchant purchase orders that are denominated in US Dollars would no longer be allowed to go through import procedures. According to the state-owned IRNA news agency, the policy is in line […]
Global Trade Wars Begin: Ross Recommends Major Tariffs On Steel, Aluminum Focusing On China, Russia
Global Trade Wars Begin: Ross Recommends Major Tariffs On Steel, Aluminum Focusing On China, Russia Update 3: As previewed earlier, at noon on Friday the commerce department released reports on the U.S. Department of Commerce’s investigations into the impact on our national security from imports of steel mill products and from imports of wrought and […]
Weekly Commentary: America First and the Decapitation of King Dollar
Weekly Commentary: America First and the Decapitation of King Dollar The U.S. ran a $71.6 billion Goods Trade Deficit in December, the largest goods deficit since July 2008’s $76.88 billion. The U.S. likely accumulated a near $550 billion Current Account Deficit in 2017, also near the biggest since before the crisis. Going all the way […]
If Currency Wars Have Indeed Started, This Is What Comes Next
If Currency Wars Have Indeed Started, This Is What Comes Next Even as overall volatility remains tame, things are rapidly changing in the world of currency trading where FX vol has spiked to the highest level since early October after this week’s dramatic FX rollercoaster which saw the US Treasury Secretary get this close to […]
The Truth About Trade
THE TRUTH ABOUT TRADE The one subject, which became a headline issue last year, and even divides experts is trade. It will become increasingly important in 2018 as the US develops her trade policy, particularly with respect to China, and as the UK negotiates her Brexit terms with the EU. Ignorance dominates this subject. Surely, […]
China, South Korea Vow Retaliation In Trump Trade War
China, South Korea Vow Retaliation In Trump Trade War When we reported earlier today that President Trump lobbed the first real shot in the global (but mostly Asian) trade war when the White House announced it would slap imported solar cells and washing machines with up to 50% tariffs – Trump’s most significant trade action […]
Trading away our future?
Trading away our future? Early trade was about ecological adaptation, transporting essential food or other essential goods to a places where they were lacking. Very little in present international trade is based on that. Instead, trade in itself creates shortages. Today, Sweden only produces half the beef it consumes. This is not because there is […]



