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China’s Hard Landing Suddenly Gets a Lot Rougher
China’s Hard Landing Suddenly Gets a Lot Rougher This has become a sign of the times: Foxconn, with 1.3 million employees the world’s largest contract electronics manufacturer, making gadgets for Apple and many others, and with mega-production facilities in China, inked a memorandum of understanding on Saturday under which it would invest $5 billion over the next five […]
Confronting a Very Dark Chapter
Confronting a Very Dark Chapter This week marks the 70th anniversary of a very dark chapter of human history, the U.S. incineration of tens of thousands of Japanese civilians by dropping atomic bombs on Hiroshima and Nagasaki, a war crime that has been rationalized in popular U.S. history, writes Gary G. Kohls. August 6, 2015, is […]
Nuclear War’s Unlearned Lessons
Nuclear War’s Unlearned Lessons The upcoming 70th anniversary of the U.S. nuclear destruction of Hiroshima and Nagasaki is a fitting moment for the world to contemplate the dangers from the continuation of nuclear arsenals and the cavalier attitude that many countries take toward geopolitical crises, as Robert Dodge explains. This week the world remembers the events of […]
This Coal Mine Valued At $630 Million In 2011 Just Sold For One Dollar
This Coal Mine Valued At $630 Million In 2011 Just Sold For One Dollar The following photos are from Australia’s Isaac Plains coking-coal mine. Why is Isaac Plains relevant? Well, in 2011 at the height of the Australian mining boom, Japanese conglomerate Sumitomo thought it has spotted a bargain, and a SMH reports, it approached […]
4 Mainstream Media Articles Mocking Gold That Should Make You Think
4 Mainstream Media Articles Mocking Gold That Should Make You Think For those of you who have been reading my stuff since all the way back to my Wall Street years at Sanford Bernstein, thanks for staying along for the ride. I appreciate your support immensely considering that I essentially no longer write about financial markets […]
The Irony Of Market Manipulation
The Irony Of Market Manipulation Having gazed ominously at the extreme monetary policy smoke-and-mirrors intervention in bond markets, and previously explained that “the stock market is to important to leave to the vagaries of an actual market.“ While the rest of the world’s central banks’ direct (BoJ) and indirect (Fed, ECB) manipulation of equity markets, nobody bats an eyelid; but […]
Futures Soar On Hope Central Planners Are Back In Control, China Rollercoaster Ends In The Red
Futures Soar On Hope Central Planners Are Back In Control, China Rollercoaster Ends In The Red For the first half an hour after China opened, things looked bleak: after opening down 5%, the Shanghai Composite staged a quick relief rally, then tumbled again. And then, just around 10pm Eastern, we saw acoordinated central bank intervention stepping […]
US Recession Imminent – World Trade Slumps By Most Since Financial Crisis
US Recession Imminent – World Trade Slumps By Most Since Financial Crisis As goes the world, so goes America (according to 30 years of historical data), and so when world trade volumes drop over 2% (the biggest drop since 2009) in the last six months to the weakest since June 2014, the “US recession imminent” […]
Japan Inc Rocked By Massive Accounting Fraud: Toshiba CEO Quits After Admitting 7 Years Of Cooked Books
Japan Inc Rocked By Massive Accounting Fraud: Toshiba CEO Quits After Admitting 7 Years Of Cooked Books While Abenomics has been an unmitigated disaster for Japan’s ordinary population, where the soaring stock market has benefited the top decile of the population while everyone has been slammed by a record 25 consecutive months of declining real […]
Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters
Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters Update: Please see correction at the end. Two well-known financial forecasters claim that virtually all governments worldwide will be hit with a gigantic economic crisis in the first week of October 2015. Martin Armstrong Martin Armstrong is a controversial […]
Balance Of Superpowers: Comparing The US And Chinese Armed Forces
Balance Of Superpowers: Comparing The US And Chinese Armed Forces Whether China is busy championing trade deals outside of the US dollar, buying up some of the world’s biggest companies, taking over foreign housing markets, or building massive networks of nuclear or wind power grids, it is clear that the country is a world power […]
The Pope’s Letter: Neoliberalism and Fukushima
The Pope’s Letter: Neoliberalism and Fukushima Japan’s Social Disintegration Japanese sociologist and Tokyo Metropolitan University professor, Shinji Miyadai argues that European nations progressed from the communal self-governance of food to the communal self-governance of energy after World War II. Miyadai compares Europe’s post-war developments with those of post-war Japan in his article entitled ‘Pitfalls of […]
Looking Inside Fukushima Prefecture
Looking Inside Fukushima Prefecture An Insider’s Story Because of Japan’s unconscionable open-ended new secrecy law, it is very likely journalism in the nation has turned tail, scared of its own shadow. Nevertheless, glimmers of what has happened, of what is happening, do surface when brave people come forward. On May 22nd 2015 Hiromichi Ugaya, a […]
Jim Rogers: Turmoil Is Coming
Jim Rogers: Turmoil Is Coming Predictions on the markets, gold, Greece & more Two years since his last interview with us, investor Jim Rogers returns and notes that the risks he warned of last time have only gotten worse. In this week’s podcast, Jim shares his rational for predicting: increased wealth confiscation by the central […]
