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Trump’s China-Sanctions Madness Imperils the Dollar
Trump’s China-Sanctions Madness Imperils the Dollar Last week US Treasury Secretary Steve Mnuchin warned the US will impose new sanctions on China if it doesn’t conform to UN sanctions on North Korea: “If China doesn’t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the U.S. and international dollar […]
Americans Don’t Grasp The Magnitude Of The Looming Pension Tsunami That May Hit Us Within 10 Years
Americans Don’t Grasp The Magnitude Of The Looming Pension Tsunami That May Hit Us Within 10 Years Total unfunded liabilities in state and local pensions have roughly quintupled in the last decade. You read that right—not doubled, tripled, or quadrupled—quintupled. That’s nice when it happens on a slot machine, not so nice when it’s money you owe. […]
The Death Of Free Speech Is Imminent: Government Begins Censorship Of Media Through Disingenuous Means
The Death Of Free Speech Is Imminent: Government Begins Censorship Of Media Through Disingenuous Means The death of free speech is imminent. Anyone with access to a computer and the internet can see that the United States mainstream media is nothing more than a propaganda machine designed to brainwash the masses into a lemming-like agreement […]
Jim Rogers Warns “If Trump Starts A Trade War With China, It Will End US Hegemony”
Jim Rogers Warns “If Trump Starts A Trade War With China, It Will End US Hegemony” Following Treasury Secretary Mnuchin’s threat that the US could impose economic sanctions on China if it does not implement the new sanctions regime against North Korea: “If China doesn’t follow these sanctions, we will put additional sanctions on them […]
John Ivison: ‘U.S. policy is not to defend Canada’ in the event of a missile attack, general says
John Ivison: ‘U.S. policy is not to defend Canada’ in the event of a missile attack, general says Participation in the ballistic missile defence program would be costly, but, amid nuclear threats, it appears we are no longer under the protective umbrella of the U.S. Lt. Gen. Pierre St-Amand before the Commons National Defence Committee […]
China Dollar Dump Means Hyperinflation – Chris Martenson
China Dollar Dump Means Hyperinflation – Chris Martenson Resource analyst and futurist Chris Martenson says everyone should be taking notice of our “dangerous markets.” At the center of the danger zone is the declining U.S. dollar. Martenson explains, “We are talking about a steady erosion of the dollar as a reserve currency. I think that […]
Suddenly, “De-Dollarization” Is A Thing
Suddenly, “De-Dollarization” Is A Thing For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar. China, Russia, and India have cut deals in which they agree to accept each others’ currencies for bi-lateral trade while Europe, obviously, designed the euro to be a reserve asset and international […]
Liberals Don’t Respect a Nation’s Sovereignty
Liberals Don’t Respect a Nation’s Sovereignty When the United States and some of its allies in 2003 invaded and destroyed Iraq on false pretenses — and without Iraq having ever invaded (much less destroyed) any of the invading countries — this was actually within the scope of the invaders being liberal countries, because a nation’s sovereignty isn’t at all […]
U.S. Oil Rig Count Continues To Collapse
U.S. Oil Rig Count Continues To Collapse The number of active oil and gas rigs in the United States fell this week by 8 rigs. The total oil and gas rig count in the United States now stands at 936 rigs, up 430 rigs from the year prior, with the number of oil rigs in […]
Fearful Californians Prepare For A Nuclear Attack: “A Lot Of People Will Be Killed”
Fearful Californians Prepare For A Nuclear Attack: “A Lot Of People Will Be Killed” With each passing day and each new ICBM launch from a seemingly unhinged North Korean dictator, the fears of an attack on the U.S. mainland, though faint, increasingly weigh on the hearts and minds of Americans, particularly those in California. As […]
To Hell In A Bucket
To Hell In A Bucket “No one really cares about the U.S. federal debt,” remarked a colleague and Economic Prism reader earlier in the week. “You keep writing about it as if anyone gives a lick.” We could tell he was just warming up. So, we settled back into our chair and made ourselves comfortable. […]
America’s Weapons: “The Dollar and the Drone”
America’s Weapons: “The Dollar and the Drone” It was said that “the guinea and the gallows” were the true instruments of British imperial power. The guinea represented the coined wealth of Great Britain. The gallows represented its… constabulary zeal in policing restless natives. This is the 21st century of course… a time of enlightenment. Today’s […]
America’s Fragile Future
America’s Fragile Future The U.S. mainstream’s flailing about over alleged Russian “meddling” in American politics reflects a nation that is rapidly losing its global dominance and fearful of even the slightest challenge, as Gilbert Doctorow explains. Does the United States have a future as a great power? President Donald J. Trump and President Emmanuel Macron […]
North Korea Threatens To “Sink” Japan With Nuclear Weapons, “Reduce The US To Ashes”
North Korea Threatens To “Sink” Japan With Nuclear Weapons, “Reduce The US To Ashes” Less than a day after US officials observed North Korea moving mobile missile launchers and engaging in preparations for what appears to be another missile test, a North Korean state committee has stepped up its belligerent rhetoric, threatening to use nuclear […]
An Economic Lesson for China and Russia
An Economic Lesson for China and Russia Is there anyone in Trump’s government who is not an imbecile? After years of endless military threats against Russia—remember CIA deputy director Mike Morell saying on TV (Charlie Rose show) that the US should start killing Russians to give them a message, and Army Chief of Staff Mark […]
