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Why The Empire Never Sleeps: The Indispensable Nation Folly
Why The Empire Never Sleeps: The Indispensable Nation Folly Like the case of Rome before it, the Empire is bankrupting America. The true fiscal cost is upwards of $1.o trillion per year (counting $200 billion for veterans and debt service for wars), but there is no way to pay for it. That’s because the 78-million strong Baby Boom is […]
Is Putin’s Strategy Finally Beginning To Work?
Is Putin’s Strategy Finally Beginning To Work? I have explained Russian President Vladimir Putin’s Christian practice of turning the other cheek to Western provocations as a strategy to convey to Europe that Russia is reasonable but Washington is not and that Russia is not a threat to European interests and sovereignty but Washington is. By […]
The World Will Not Mourn the Decline of U.S. Hegemony
The World Will Not Mourn the Decline of U.S. Hegemony Commentators on both right and left bemoan the decline of American global power under Donald Trump, but is that such a bad thing? asks Paul Street in this commentary. There are good reasons to bemoan the presence of the childish, racist, sexist and ecocidal, right-wing […]
Tomgram: Michael Klare, The Road to Hell in the Middle East
Tomgram: Michael Klare, The Road to Hell in the Middle East It’s already long forgotten here, but the theocratic regime in Iran was really our baby. After all, in 1953, the CIA and British intelligence engineered a coup to replace a democratic government in Iran with the autocratic Shah and so gave Iranians just what […]
Lousy Deals and Turning Wheels
Lousy Deals and Turning Wheels In that long ago yesteryear of 1979, before blogging, tweeting, twerking, hacking, posting, ghosting, doxing, and all the other Internet-enabled compulsions of the present day, a gang of inflamed young men, said to be students, invaded the US embassy compound in Teheran and took fifty-two American embassy personnel hostage — […]
Iran Sanctions Threaten The Petrodollar
Iran Sanctions Threaten The Petrodollar One country must be quite pleased with the prospect of new U.S. economic sanctions against Iran’s oil industry, and this country is the largest oil importer in the world, and is Iran’s largest single oil client. When China launched its long-awaited yuan-priced oil futures last month, it did so as […]
Will Trump Launch a Currency War, Too?
China Photos/Getty Images Will Trump Launch a Currency War, Too? Last month, Donald Trump personally announced a series of import tariffs and other measures to restrict the flow of Chinese goods and capital into the United States. Clearly, Trump views China as a significant economic threat, so it may be only a matter of time […]
Iran And Syria: Why Regime Change In One Means Regime Change In Both
Iran And Syria: Why Regime Change In One Means Regime Change In Both Probably the weirdest, dumbest, most annoying thing about writing on US foreign policy right now is the fact that regime change in Iran and regime change in Syria have been falsely spun into the illusion of two separate issues along partisan lines. People […]
Weekly Commentary: Disequilibrium
Weekly Commentary: Disequilibrium Much to the consternation of our allies, President Trump withdraws from the Iran nuclear deal. WTI crude adds another 1.5% (up 17% y-t-d) this week to the high since November 2014. Iran and Israel moved closer to direct military confrontation. With even 40% rates unable to staunch the bleeding, a stunned Argentine […]
Blowout Week 228
Blowout Week 228 The big news this week is Trump’s re-imposition of sanctions on Iran, which will cut Iran’s oil production to the point where, combined with cratering oil production from Venezuela, it could cause another oil price spike. We follow with our usual mix – more on Iran, Venezuela and OPEC; oil in Norway; […]
Don’t Poke the Dragon: War with China Would Be an Unnecessary Disaster
Don’t Poke the Dragon: War with China Would Be an Unnecessary Disaster The Non-Options: 4 Wars the Military Prepares for But Shouldn’t Fight: Volume II There’s nothing military men like more than obsessively training for wars they will never have to fight. The trick is not to stumble into a conflict that no one will […]
Trump’s Pyrrhic Victory: the US Opts for a Path That Can Only Lead to War
Trump’s Pyrrhic Victory: the US Opts for a Path That Can Only Lead to War Nearly everyone loses by President Donald Trump’s decision on Tuesday to withdraw from the Joint Comprehensive Plan of Action (JCPOA) relating to Iran’s nuclear energy program and to reinstate the “highest level” of sanctions while also threatening secondary sanctions on […]
Enough is Enough. The Time Has Come to BDS the US.
Enough is Enough. The Time Has Come to BDS the US. People, organizations, and governments around the world, and people and organizations in the United States, need to stand up at long last and nonviolently resist the lawless behavior of the rogue U.S. government. The recent U.S. withdrawal from the nuclear agreement with Iran is […]
The Coming War Against Iran
The Coming War Against Iran We’ve been through this before: the trumped-up threat from Iraq based on false evidence in 2003 is the harrowingly similar model to what is emerging for Iran in 2018, argues John Kiriakou. I spent nearly 15 years in the CIA. I like to think that I learned something there. I […]
Merkel: “Trump’s Decision Damages Trust In The International Order”
Merkel: “Trump’s Decision Damages Trust In The International Order” One day after Angela Merkel said Europe can no longer rely on the US “to protect it” in the aftermath of Trump’s unilateral withdrawal from the Iran nuclear accord, stating that “It’s no longer the case that the United States will simply just protect us. Rather, […]
