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End of unipolar world? New world order evolves in response to US demands on Iran
End of unipolar world? New world order evolves in response to US demands on Iran © Getty Images If Mike Pompeo’s ultimatum to Iran, after US withdrawal from the Iranian nuclear deal, was fulfilled it would inflict economic warfare on the country and set up Tehran for failure while reasserting a US-led unipolar world order. […]
Russia Finance Minister: We Are Ready To Ditch The Dollar In Favor Of The Euro
Russia Finance Minister: We Are Ready To Ditch The Dollar In Favor Of The Euro In a testament to the success of the latest Trump sanctions against Russia, overnight Russian aluminum giant Rusal announced that its chief executive, Aleksandra Buriko, and half of its managerial board resigned to make sure the firm avoids U.S. sanctions […]
Drought Conditions In The Southwest Are So Bad That They Are Already Being Compared To The Dust Bowl Of The 1930s
Drought Conditions In The Southwest Are So Bad That They Are Already Being Compared To The Dust Bowl Of The 1930s The worst drought to hit the Southwest in decades continues to grow even worse, and many are already comparing this current crisis to the Dust Bowl days of the 1930s. Agricultural production is way […]
Bolton Trying to Convince Trump to Topple Iran
Bolton Trying to Convince Trump to Topple Iran Now that the Trump administration has derailed the Iran nuclear deal, the old issue of regime change in Iran is back again. National Security Advisor John Bolton is obviously the chief regime-change advocate in the administration, and there is every reason to believe he has begun to […]
The U.S. and the Fate of the World
The U.S. and the Fate of the World Americans ought to be more honest about U.S. military interventionism. There ought to be a serious debate about it. Instead there seems to be three, entrenched foreign policy camps who never talk to each other. The first is made up of avowed imperialists. They are easy to […]
Permian Growth Is Reaching Its Limits
Permian Growth Is Reaching Its Limits The Permian isn’t just suffering from a bottleneck for oil, but also for natural gas. In 2016, for instance, gas flows leaving the Permian typically clocked in at about 3.6 billion cubic feet per day (Bcf/d), according to S&P Global Platts. That number has ballooned to 6.3 Bcf/d as […]
Stephen Cohen’s Misrepresentations About the 2014 Coup in Ukraine
Stephen Cohen’s Misrepresentations About the 2014 Coup in Ukraine The restoration of the Cold War now, between Russia and the United States, is based on frauds by the United States, as will be documented here; and one of the biggest responsibilities that historians have, is to state this publicly — to acknowledge it publicly and […]
Where the Debt Slaves Are the Most Vulnerable
Where the Debt Slaves Are the Most Vulnerable I’m shedding a different light on consumer debt. This type of chart is trotted out constantly these days to show that American households are in fabulous shape when it comes to their ability to service their blistering record debts. The red line in the chart shows household […]
America’s long-term challenge #3: destruction of the currency
America’s long-term challenge #3: destruction of the currency On April 2, 1792, George Washington signed into law what’s commonly referred to as the Mint and Coinage Act. It was one of the first major pieces of legislation in the young country’s history… and it was an important one, because it formally created the United States […]
Farmers Reeling From High Oil Prices
Farmers Reeling From High Oil Prices As the summer driving season approaches, drivers are already paying more for gasoline due to the oil price rally in recent months. But higher oil prices affect not only the gasoline bills of retail consumers. The higher price of oil is also pushing up diesel fuel prices as the […]
Yes, Virginia, There is a Deep State
Yes, Virginia, There is a Deep State Since the “Russiagate” probe began, US president Donald Trump and his supporters have used lots of bandwidth raging against what they refer to as the “Deep State.” Does the Deep State exist? If so, what is it, and are its forces arrayed specifically against Donald Trump and his […]
Learning from America’s Forgotten Default
Bettmann/Getty Images Learning from America’s Forgotten Default One of the most pervasive myths about the United States is that the federal government has never defaulted on its debts. There’s just one problem: it’s not true, and while few people remember the “gold clause cases” of the 1930s, that episode holds valuable lessons for leaders today. […]
The U.S. is Shackled by Historic Debt
The U.S. is Shackled by Historic Debt Do you feel as if you’re drowning in debt? It’s worse than you think. The U.S. government reached a new milestone when our country’s debt topped $21 trillion for the first time. The national debt grows by an average of $17,000 every second – more than some people […]
Iran Announces Plan To Stay In Syria As Pompeo Issues Unprecedented Threats
Iran Announces Plan To Stay In Syria As Pompeo Issues Unprecedented Threats After last Thursday’s relatively brief meeting in Sochi between Russian President Vladimir Putin and Syria’s Bashar al-Assad wherein Putin stressed that it is necessary for all “foreign forces” to withdraw from Syria, there’s been much speculation over what Putin actually meant. Many were quick […]
Washington Threatens Sanctions For Nord Stream 2
Washington Threatens Sanctions For Nord Stream 2 While Germany tries to make sure Ukraine will not suffer too badly from the addition of Nord Stream 2 to the European natural gas pipeline network, a senior State Department official has threatened sanctions for the controversial project. Speaking to media in Berlin, Deputy Assistant Secretary of State […]
