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Trans-Atlantic & Trans-Pacific “Partnerships” Complete Corporate World Takeover

Trans-Atlantic & Trans-Pacific “Partnerships” Complete Corporate World Takeover As I have emphasized since these “partnerships” were first announced, their purpose is to give corporations immunity from the laws in the countries in which they do business. The principle mechanism of this immunity is the granting of the right to corporations to sue governments and agencies […]

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Rotten to the Core

Rotten to the Core  Poison Money BALTIMORE – We live in a world of sin and sorrow, infected by a fraudulent democracy, Facebook, and a corrupt money system. Wheezing, weak, and weary from the exertion of trying to appear “normal,” the economy staggers on. Staggering on….     Image credit: David Sidmond Last week, we gained […]

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TPP ‘worst trade deal ever,’ says Nobel-winning economist Joseph Stiglitz

TPP ‘worst trade deal ever,’ says Nobel-winning economist Joseph Stiglitz Trans-Pacific Partnership should be redone to advance interests of citizens, not corporations, he says Nobel Prize-winning economist Joseph Stiglitz says the Trans-Pacific Partnership may well be the worst trade agreement ever negotiated, and he recommends Canada insist on reworking it. “I think what Canada should […]

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Is A Gas War Between The U.S. And Canada About To Start?

Is A Gas War Between The U.S. And Canada About To Start? The United States and Canada work well together. The countries share the world’s largest and most comprehensive trade relationship, exchanging more than $2 billion per day in goods and services; the U.S. is Canada’s largest foreign investor and Canada is the third-largest foreign investor in […]

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First Ocean Freight Rates Collapse to “Zero,” China Freight Index Plunges to Record Low, Bailouts Loom

First Ocean Freight Rates Collapse to “Zero,” China Freight Index Plunges to Record Low, Bailouts Loom The next stage of “Moral Hazard?” The amount it costs to ship containers from China to ports around the world has plunged to historic lows. As container carriers are sinking deeper into trouble, whipped by lackluster global demand and rampant oversupply […]

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All is Not Well

All is Not Well The 1987 stock market crash raised concerns for the dangers associated with mounting U.S. “twin deficits.” Fiscal and trade deficits were reflective of poor economic management. Credit excesses – certainly including excessive government borrowings – were stimulating demand that was reflected in expanding U.S. trade and Current Account Deficits. Concerns dissipated […]

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What Do Canadians Think about TPP? US Might Not Care

What Do Canadians Think about TPP? US Might Not Care American demands would likely trump our concerns about mega trade deal. The Liberal government has launched a much-anticipated public consultation on the TPP. But will it matter? arindambanerjee / Shutterstock.com. The Trans Pacific Partnership, a massive trade deal that covers 40 per cent of the world’s GDP, has […]

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Who Killed the Electric Car?

Who Killed the Electric Car? [ Who cares about electric CARS?  Civilization ends when trucks stop running, and trucks can’t run on batteries because they’re too heavy (93% of the cargo weight, 25% of the cargo space), and an all-electric truck fleet would require thousands of new power plants, mostly running on finite fossil fuels. Although Wall […]

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2016, The Year Of The Red Monkey: Expect Wild, Unending Volatility

2016, The Year Of The Red Monkey: Expect Wild, Unending Volatility The past 25 years of “growth” and brief recessions may not be a good guide to the next few years. In the lunar calendar that started February 8, this is the Year of the Red Monkey. I found this description of the Red Monkey […]

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Always Watched, Always Monitored, Always Recorded

Always Watched, Always Monitored, Always Recorded  Trade Slump BALTIMORE – When we left you yesterday, we were discussing the War on Cash – the push by governments to abolish physical currency. It is a fraud. The idea is not to fight crime or boost the economy, as its proponents claim. It is part of a bigger campaign by the […]

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Japanese Trade Data Collapses, Crushes “Devalue Our Way To Prosperity” Dreams

Japanese Trade Data Collapses, Crushes “Devalue Our Way To Prosperity” Dreams Seriously – how many more times can a central bankers’ policies be exposed for the total sham that they are? Japanese trade data was just unleashed on the world… and it is abysmal. *JAPAN JAN. EXPORTS FALL 12.9% Y/Y Notably worse than the expected […]

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“It’s Worse Than 2008”: CEO Of World’s Largest Shipping Company Delivers Dire Assessment Of Global Economy

“It’s Worse Than 2008”: CEO Of World’s Largest Shipping Company Delivers Dire Assessment Of Global Economy Earlier today, we highlighted the rather abysmal results reported by Maersk, the world’s largest shipping company. To the extent the conglomerate is a bellwether for global growth and trade, things are looking pretty grim. Maersk Line – the company’s […]

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World’s Biggest Containership “Hard Aground” As Baltic Dry Crashes Below 300 For First Time Ever

World’s Biggest Containership “Hard Aground” As Baltic Dry Crashes Below 300 For First Time Ever Before this year the lowest level The Baltic Dry Index had reached was 556 in August of 1986 and the highest was in June 2008 at a stunning 11,612. Today saw the freight index hit a new milestone however, crashing […]

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Global Trade Collapsed In January: Bellwether South Korea Exports Crash “Most Since Lehman”

Global Trade Collapsed In January: Bellwether South Korea Exports Crash “Most Since Lehman”  As the first major exporting nation to report each month, all eyes and hopeful speculative capital was glued to tonight’s South Korean trade data. After a brief respite in November, December’s drop was worrisome, but January’s just reported 18.5% crash – the most […]

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Deep “Freight Recession” Hits Railroads, Trucking, Air Freight

Deep “Freight Recession” Hits Railroads, Trucking, Air Freight “Consumers just don’t seem to be showing up….” As much as we would have liked to, the Dow Transportation Average wasn’t kidding. It has plunged 27% since its high on December 5, 2014. Nearly two-thirds of that plunge came over the past two months. Transportation companies are […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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