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Is Nature Preparing for a New Ice Age or a Pole Shift?
Is Nature Preparing for a New Ice Age or a Pole Shift? There is a very curious connection between lakes and volcanos in the Arctic. I just posted how there are kilotons of CO2 coming out of volcanos. There is a similar thing now showing up in lakes in the Arctic as well. There are about 300 […]
Italian Stocks Crash Most In 2 Years, Bond Yields Soar Amid Budget Deficit Liquidation Panic
Italian Stocks Crash Most In 2 Years, Bond Yields Soar Amid Budget Deficit Liquidation Panic After yesterday’s last minute decision by Italy’s ruling coalition to boost the country’s 2019 deficit to 2.4% of GDP, a number that challenged Brussels and its demands for a deficit no greater than 2.0% and made a mockery of the […]
Europe Unveils “Special Purpose Vehicle” To Bypass SWIFT, Jeopardizing Dollar’s Reserve Status
Europe Unveils “Special Purpose Vehicle” To Bypass SWIFT, Jeopardizing Dollar’s Reserve Status In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, one month ago Germany’s foreign minister Heiko Maas called for the creation of a new payments system independent of the US that would allow Brussels to be independent […]
Bannon Declares ‘War Rooms’ to Win European Elections – and That’s Not Meddling?
Bannon Declares ‘War Rooms’ to Win European Elections – and That’s Not Meddling? One trait of imperial decadence is untrammeled hubris. Given the increasingly arrant arrogance on display by United States’ officials, public figures and news media we can safely conclude that this empire is accelerating into decadence. A recent spectacular example comes with separate […]
Trump Folds on Nordstream 2 Because … Logic
Trump Folds on Nordstream 2 Because … Logic Since its first announcement I have been convinced the Nordstream 2 pipeline would be built. I have followed every twist of this story from my days writing for Newsmax. And the reason for my confidence can be summed up in one word. Money. Nordstream 2 simply makes […]
Why We’re Ungovernable, Part 15: Germany’s Merkel Demoted To Figurehead
Why We’re Ungovernable, Part 15: Germany’s Merkel Demoted To Figurehead You don’t see “Germany” and “ungovernable” in the same headline very often. But that might be about to change, as Chancellor Angela Merkel, for the past decade the central pillar of Europe’s Establishment, loses influence both at home and abroad. First came a wave of […]
New EU Copyright Law Could Force Online Platforms To Ban Memes Across Europe
New EU Copyright Law Could Force Online Platforms To Ban Memes Across Europe A new law being just passed in European Parliament and in the process of becoming finalized has received scant media attention, but could be nothing short of revolutionary in terms of its lasting impact on the internet, political speech and discourse, and the […]
State of European Banks: The ECB View vs Reality
State of European Banks: The ECB View vs Reality The ECB would like you to believe the European banking system is sound and banks are better regulated. They aren’t. Ten years after Lehman there are numerous statements from bureaucrats, academics, media and others that banks are now better regulated, more solid and liquidity problems vanished. […]
Perry Tells Russia To Stop Using Energy As Economic Weapon
Perry Tells Russia To Stop Using Energy As Economic Weapon The United States welcomes competition from Russia on the global energy markets, but Russia can no longer use energy as an economic weapon, U.S. Secretary of Energy Rick Perry saidon Thursday during his meeting with Russia’s Energy Minister Alexander Novak in Moscow. At the meeting, […]
Never Go Nuclear — The EU Goes After Hungary
Never Go Nuclear — The EU Goes After Hungary If there is one thing people with power always do when confronted with intransigence it is they always go nuclear. As a parent we’ve all been there. That moment when your child calls your bluff on a particular thing you’ve been arguing over and you’re left […]
The Makings of a 2020 Recession and Financial Crisis
Carl Court/Getty Images The Makings of a 2020 Recession and Financial Crisis Although the global economy has been undergoing a sustained period of synchronized growth, it will inevitably lose steam as unsustainable fiscal policies in the US start to phase out. Come 2020, the stage will be set for another downturn – and, unlike in […]
John Law and the Mississippi Bubble – 300 Years Later
John Law and the Mississippi Bubble – 300 Years Later Most people are aware that historically there have been speculative bubbles. Some of them can even name a few – the South Sea bubble, tulips, and more recently dot-coms. Some historians can go even further, quoting the famous account by Charles Mackay of the South […]
New Alliance Emerges in Eastern Mediterranean to Reshape Regional Security Landscape
New Alliance Emerges in Eastern Mediterranean to Reshape Regional Security Landscape The military-political landscape in Europe and the Mediterranean is changing. NATO is not as unified as it once was, and Turkey’s membership has become more of a formality than a real thing. A pro-US group consisting of Great Britain, Poland, and the Baltic States […]
A League of Leagues of Their Own in Europe
A League of Leagues of Their Own in Europe “There’s no crying in baseball!” — A League of Their Own The Great Realignment is coming to Europe next year. All the writing is on the wall. This summer saw German Chancellor Angela Merkel survive a leadership challenge by her coalition partner Horst Seehofer over her […]
Washington’s Belligerence Can Produce A World Holocaust
Washington’s Belligerence Can Produce A World Holocaust Recently I have been receiving a number of requests for my opinion of the Jewish holocaust. These requests are a puzzle to me as it is a topic unrelated to my commentaries on economics, law, current foreign affairs, and a looming showdown between Washington and Russia in Syria. […]
