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A Glimpse Of Things To Come: Bankrupt Shale Producers “Can’t Give Their Assets Away”
A Glimpse Of Things To Come: Bankrupt Shale Producers “Can’t Give Their Assets Away” Over the course of the last several weeks, we’ve spent quite a bit of time sounding the alarm bells on America’s growing list of bankrupt oil and gas drillers. We’ve also been keen to point out that the long list of […]
Ukraine’s Looming “19 Fukushimas” Scenario
Ukraine’s Looming “19 Fukushimas” Scenario With all the action in Syria, the Ukraine is no longer a subject for discussion in the West. In Russia, where the Ukraine is still a major problem looming on the horizon, and where some 1.5 million Ukrainian refugees are settling in, with no intentions of going back to what’s left […]
House Democrat Warns Obama’s Actions Could Lead To “Devastating Nuclear War”
House Democrat Warns Obama’s Actions Could Lead To “Devastating Nuclear War” It was so much easier when Obama was running a military “sneakers on the ground” campaign in Iraq and Syria where there was no official confirmation of the thousands of “military advisors” engaging directly with various known and unknown adversaries. However, a recent surge of […]
Schadenfreude – How the US Is Helping China Create a New Financial Order
Schadenfreude – How the US Is Helping China Create a New Financial Order Here we have an image of a Chinese banknote, featuring Chairman Mao, followed by a seemingly incongruous German word – schadenfreude. Is there an error here? Happily, no. We’ll begin with the word, schadenfreude, which means “harm-joy.” It’s used to express an […]
Not the “Death of the Dollar” but “Death of the Euro?”
Not the “Death of the Dollar” but “Death of the Euro?” The rise of the Chinese yuan as an international currency is not only unstoppable but is advancing in leaps and bounds, according to SWIFT. It comes at the expense of other currencies, though it’s not triggering the long-awaited “death of the dollar.” On the contrary. […]
It’s Not If But When
It’s Not If But When Since the 2008 crash there has been much talk about how the fundamentals have not been dealt with and the fact that the can has only been kicked down the road. Political mavericks and commentators such as Ron Paul have frequently pointed out that nothing has really changed and that […]
Powder Kegs Exploding: Violence Escalates In Turkey, Yemen As Mid-East Tips Towards Chaos
Powder Kegs Exploding: Violence Escalates In Turkey, Yemen As Mid-East Tips Towards Chaos On Friday we checked in on two of the world’s most important conflicts: 1) that which is unfolding in Turkey where President Recep Tayyip Erdo?an has effectively granted Washington access to Incirlik (you know, for “anti-terror” sorties) in exchange for NATO’s acquiescence […]
Russia Readies Fuel Deliveries To Athens, Will Support Greek “Economic Revival”
Russia Readies Fuel Deliveries To Athens, Will Support Greek “Economic Revival” Russia and Greece have a “special relationship of spiritual kinship and religious and historical affinity,” Vladimir Putin said yesterday, following the BRICS summit in Ulfa. Over the course of the unfolding crisis in Greece, Athens has at various times gone out of its way to remind Angela […]
The Greek “Choice”: Hand Over Sovereignty Or Take Five Year Euro “Time Out”
The Greek “Choice”: Hand Over Sovereignty Or Take Five Year Euro “Time Out” For those who missed today’s festivities in Brussels, here is the 30,000 foot summary: Europe has given Greece a “choice”: hand over sovereignty to Germany Europe or undergo a 5 year Grexit “time out”, which is a polite euphemism for get the hell out. As […]
The PetroYuan Is Born: Gazprom Now Settling All Crude Sales To China In Renminbi
The PetroYuan Is Born: Gazprom Now Settling All Crude Sales To China In Renminbi Two topics we’ve deemed critically important to a thorough understanding of both global finance and the shifting geopolitical landscape are the death of the petrodollar and the idea of yuan hegemony. Last November, in “How The Petrodollar Quietly Died And No […]
How Putin can win global economic war against Russia
How Putin can win global economic war against Russia What are the objectives of the global economic war against Russia? Will the West disconnect Russia from SWIFT? Will Europe and the USA impose more sanctions on Russia? What’s happening to the oil prices? Will Syrian President Bashar Assad surrender? Pravda.Ru asked these and other questions in […]
US plan to drop Russia from global banking system hilariously backfires
US plan to drop Russia from global banking system hilariously backfires If Vladimir Putin is remotely capable of laughter (the jury is out on that one…) then he’s probably doing so right now. Russia is once again Arch-Enemy of the United States. It’s like living through a really bad James Bond movie, complete with cartoonish […]
China Completes SWIFT Alternative, May Launch “De-Dollarization Axis” As Soon As September
China Completes SWIFT Alternative, May Launch “De-Dollarization Axis” As Soon As September One of the recurring threats used by the western nations in their cold (and increasingly more hot) war with Russia, is that Putin’s regime may be locked out of all international monetary transactions when Moscow is disconnected from the EU-based global currency messaging […]
ECB Warns UK: Excluding Russia From SWIFT “Could Undermine Confidence In The Whole System”
ECB Warns UK: Excluding Russia From SWIFT “Could Undermine Confidence In The Whole System” As “isolated” Russia signs a military deal with Cyprus, agrees bilateral trade with Greece, ratifies the $100 billion BRICS Bank, and offers to trade advanced anti-aircraft missiles to Iran, it seems threats of more sanctions against Putin and his nation are finding resistance […]
