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India Joins the Tariff War: The Party is Just Starting!

India Joins the Tariff War: The Party is Just Starting! In response to Trump’s tariffs on steel, India will put tariffs on Harley motorcycles, lentils, and almonds. Following the well-established belief that “trade wars are easy to win”, India counters Trump tariffs, to hike duty on US bikes, almonds, apples. India has proposed to raise […]

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The Russians are Coming!

The Russians are Coming! Photo by Tom Hilton | CC BY 2.0 These days we see a seemingly odd project taking place in the realms of American liberalism: ferocious insistence that the truly outrageous Donald J. Trump is at his worst when….making peace with our enemies! Has he been brainwashed by Russian and/or North Korean […]

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American Mass Media and Punditry Remain a Dishonest, Militaristic Embarrassment

American Mass Media and Punditry Remain a Dishonest, Militaristic Embarrassment When it comes to U.S. presidents, experience has taught me to always assume the worst. Irrespective of what the winning candidate said on the campaign trail, a few things things tend to happen once they’re sworn into office. To name a few, we almost always […]

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The Dangers of Investing Based on Phony Government Statistics

The Dangers of Investing Based on Phony Government Statistics President Donald Trump recently took to Twitter to boast, “The U.S. has an increased economic value of more than 7 Trillion Dollars since the Election. May be the best economy in the history of our country. Record Jobs numbers. Nice!” “We ran out of words to […]

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Trump Slams OPEC Again, Demands Lower Prices: “Oil Prices Are Too High, OPEC Is At It Again”

Trump Slams OPEC Again, Demands Lower Prices: “Oil Prices Are Too High, OPEC Is At It Again” Nearly two months after Trump drew a line in the sand on oil prices, when on April 20 he lashed out at OPEC, tweeting that “Oil prices are artificially Very High! No good and will not be accepted!”which […]

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My Views on US-Canada Trade, Steel’s Impact on National Security, NAFTA, and the Dollar

My Views on US-Canada Trade, Steel’s Impact on National Security, NAFTA, and the Dollar Wolf Richter with Jim Goddard on This Week in Money: Trade agreements are designed to benefit companies, not people – which is part of the problem. We also get into whether gold and silver will remain stuck in the current trading range, […]

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More Than Just Russia–There’s a Strong Case for the Trump Team Colluding with Saudi Arabia, Israel, and the UAE

MORE THAN JUST RUSSIA — THERE’S A STRONG CASE FOR THE TRUMP TEAM COLLUDING WITH SAUDI ARABIA, ISRAEL, AND THE UAE DONALD TRUMP HAS fully embraced both official, legalized corruption as well as good, old garden-variety individual corruption. Did Trump directly conspire with Vladimir Putin and Russia to influence the 2016 election? That is certainly […]

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Geopolitical Tensions Reach Boiling Point Ahead Of OPEC Meeting

Geopolitical Tensions Reach Boiling Point Ahead Of OPEC Meeting The upcoming OPEC meeting on June 22 is shaping up to be a contentious one, after news broke that the U.S. government asked Saudi Arabia to increase oil production before Washington pulled out of the Iran nuclear deal. Earlier last week, news surfaced that the U.S. […]

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The Geostrategy That Guides Trump’s Foreign Policies

The Geostrategy That Guides Trump’s Foreign Policies According to Alastair Crooke, writing at Strategic Culture, on June 5th: “Trump’s US aims for ‘domination’, not through the globalists’ permanent infrastructure of the US defence umbrella, but through the smart leveraging of the US dollar and financial clearing monopoly, by ring-fencing, and holding tight, US technology, and by […]

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Trump Skipping G7 Meeting on Climate, Clean Energy, Oceans

Trump Skipping G7 Meeting on Climate, Clean Energy, Oceans President Donald Trump headed for the Group of Seven (G7) summit in Canada on Friday but will be leaving before Saturday’s meeting on climate change, clean energy and oceans. The White House said an aide will take Trump’s place, CNN reported. The announcement of his early departure comes amid a brewing war on tariffs. […]

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Trump Says Russia Should Be Back In The G7; Italy Backs Trump

Trump Says Russia Should Be Back In The G7; Italy Backs Trump Update: and just like that, G6+1 became G5+2 ITALY PREMIER CONTE BACKS TRUMP ON RUSSIA’S G-8 READMISSION CONTE: RUSSIA’S G8 READMISSION WOULD BE IN EVERYBODY’S INTEREST And when Germany and France, which have already been making moves to get back in Putin’s good […]

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Remember What the Climate War Is About

Remember What the Climate War Is About Lately, I’ve been wondering if the battles being fought to maintain federal energy and environment policies and programs are clouding the nation’s collective understanding of what the war being waged against the Trump administration is really about? Before suggesting what it—the metaphorical war of which I write–should be […]

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Rotten to the Heart: Authoritarian Chickens Roosting at Home

Rotten to the Heart: Authoritarian Chickens Roosting at Home Photo by T toes | CC BY 2.0 Yes, He’s Awful Much of what liberals say about Donald Trump and the chilling political moment the Trump presidency represents is true enough. Trump really is the arch-authoritarian malignant narcissist that liberals say he is.  Trump thinks he […]

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Trump Lashes Out At Macron, Trudeau Ahead Of “G6+1” Summit

Trump Lashes Out At Macron, Trudeau Ahead Of “G6+1” Summit Tomorrow’s G7, or rather G6+1 meeting, is shaping up to be one for the ages. As we reported previously, chancellor Merkel already was setting the ground for the Toronto showdown among the world’s top political leaders, vowing to challenge Donald Trump on virtually every issue, […]

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Ben Bernanke: The US Economy Is Going To Go Off The Cliff In 2020

Ben Bernanke: The US Economy Is Going To Go Off The Cliff In 2020 It looks like Ben Bernanke is a Bridgewater client. Recall that earlier this week we reported that in the May 31 “Daily Observations” letter to select clients, authored by Bridgewater co-CIO Greg Jensen, the world’s biggest hedge had an ominous, if […]

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