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The Biggest Threat To The Oil And Gas Indust
The Biggest Threat To The Oil And Gas Industry Trump’s trade war is taking a toll on the oil and gas industry. There has been some eleventh-hour drama over the renegotiation of NAFTA, but the energy industry is likely going to dodge a bullet on that front, with the most contentious issues revolving around agriculture […]
Monetary Consequence of Tariffs
MONETARY CONSEQUENCE OF TARIFFS Last week in Monetary Paradigm Reset, we talked about the challenge of explaining a new paradigm. We said: “The hard part of accepting this paradigm shift, was that people had to rethink their entire view of cosmology, theology, and philosophy. In the best case, people take time to grapple with these challenges […]
Trade War Escalates As US, China Slap Each Other With Fresh $16 BN In Tariffs
Trade War Escalates As US, China Slap Each Other With Fresh $16 BN In Tariffs Just after midnight on Thursday EDT, the United States and China escalated their acrimonious trade war implementing punitive 25% tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. China’s […]
Sanctions, Sanctions, Sanctions – the Final Demise of the Dollar Hegemony?
Sanctions, Sanctions, Sanctions – the Final Demise of the Dollar Hegemony? Sanctions left and sanctions right. Financial mostly, taxes, tariffs, visas, travel bans – confiscation of foreign assets, import and export prohibitions and limitations; and also punishing those who do not respect sanctions dished out by Trump, alias the US of A, against friends of […]
China Taunts The US: ‘We WILL Survive Your Trade War’
China Taunts The US: ‘We WILL Survive Your Trade War’ China is taunting the United States over the tension increasing trade war. Chinese authorities have warned through state media that they will survive the trade war with the US. As tariffs are added and prices go up on goods and services to combat increasing government regulation […]
Are Globalists Plotting a Counter-Revolution?
Are Globalists Plotting a Counter-Revolution? On meeting with the EU’s Jean-Claude Juncker last month, Donald Trump tweeted: “Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies! That would finally be Free Market and Fair Trade.” Did Larry Kudlow somehow get access to Trump’s phone? We know not. But, on hearing this, Steve […]
Sales of Physical Gold Explode as the Currency Wars Continue to Unfold
Sales of Physical Gold Explode as the Currency Wars Continue to Unfold Trade wars are erupting, scandals are unfolding and now the United States is entering into the much prophesied currency wars that many experts have predicted was coming for years. The United States and China, who continue to hold out against American tariffs, are […]
US Trade Policy: Not Only are We Stupid, We are Hypocrites
US Trade Policy: Not Only are We Stupid, We are Hypocrites The news agencies reported Trump would extend tariffs on Wednesday. Instead, we have an outline of possible actions. The Wall Street Journal reports U.S. Turns Up the Heat on China. The U.S. turned up the heat Wednesday on China, with the Trump administration threatening […]
Whose Trade War Is It Anyway?
Whose Trade War Is It Anyway? Everybody complains about Trump, but he wasn’t the one who started it German Chancellor Angela Merkel speaks to President Donald Trump in front of other world leaders in Charlevoix, Canada, at the G-7 summit on June 9, 2018. The mainstream media and world leaders are blaming Trump for starting […]
The Trade War Is Already Having A Huge Impact On The U.S. Economy
The Trade War Is Already Having A Huge Impact On The U.S. Economy The trade war has barely just begun, and yet significant ripple effects are already being felt all across the U.S. economy. Once thriving businesses are on the verge of failure, workers are being laid off, and some sectors of the economy are […]
Ignore Tariffs, According To Goldman This Is The Biggest Risk From A Global Trade War
Ignore Tariffs, According To Goldman This Is The Biggest Risk From A Global Trade War One month ago, when previewing the potential fallout from an “all out” global trade war, which for simplicity’s sake many have equated with an across-the-board 10% tariff on all US imports and exports, we presented an analysis from Barclays, according […]
Trump Threatens to Place Tariffs on All $500B China Imports, Blasts Fed Again
Trump Threatens to Place Tariffs on All $500B China Imports, Blasts Fed Again Trump blasted the Fed, the EU, China today with threats to put tariffs on everything. China and the EU are manipulators. ✔ ….The United States should not be penalized because we are doing so well. Tightening now hurts all that we […]
Trump Tariffs Could Delay Permian Relief
Trump Tariffs Could Delay Permian Relief The oil and gas industry hoped they would be spared from Donald Trump’s trade war, but the Permian basin was just hit with some bad news. The Permian basin has run up against a bottleneck for pipeline capacity. Gushing oil from West Texas will surpass the available space on […]
Trade War With China Morphs Into Currency War: Biggest Loser is the EU
Trade War With China Morphs Into Currency War: Biggest Loser is the EU Those who think “trade wars are good and easy to win” need to stop and reflect on currency wars. Trade Wars Easy to Win ✔ When a country (USA) is losing many billions of dollars on trade with virtually every country it […]
