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Culture and Behavior May Clue Climate Change Response
Culture and Behavior May Clue Climate Change Response Photo Source Dan Costin | CC BY 2.0 Behavior acculturated to ancestral norms, originally necessitated by occupation, is the focus of a new study in China with interesting ramifications for climate change. In general, farming requires more stable relationships than, say, herding with the constant movement of animals. Now the […]
US Planned Nuclear Strikes To End China, Soviet Union As “Viable Societies”, Declassified Docs Show
US Planned Nuclear Strikes To End China, Soviet Union As “Viable Societies”, Declassified Docs Show Like the famous George Santayana quote goes, “those who cannot learn from history are doomed to repeat it.” And thanks to a cache of documents released by George Washington University’s National Security Archive project, the American people are learning just […]
China Moves Into Afghanistan As Part Of Its Global Expansion Mission
China Moves Into Afghanistan As Part Of Its Global Expansion Mission For many, it was a stunning development. China will build a brigade-size military training facility in the strategic Wakhan Corridor, the land bridge between Tajikistan and Pakistan, which is located in Afghanistan’s northeast Badakhshan province and borders China. Although Beijing denied the claim that hundreds of […]
Economic Armaments and China’s Global Ambitions
ECONOMIC ARMAMENTS AND CHINA’S GLOBAL AMBITIONS The world continues to move in potentially dangerous directions. A leading component of this threat is the use of economic armaments by governments to gain political and market advantages in their foreign relations with other countries. Among the leading participants in the use of such economic armaments is the […]
Iran Sanctions, Emerging Markets And The End Of Dollar Dominance
Iran Sanctions, Emerging Markets And The End Of Dollar Dominance The trade war is a rather strange and bewildering affair if you do not understand the underlying goal behind it. If you think that the goal is to balance the trade deficit and provide a more amicable deal for U.S. producers on the global market, […]
Is China Losing Control? Yuan More Volatile Than Euro For First Time Ever
Is China Losing Control? Yuan More Volatile Than Euro For First Time Ever For the first time, FX traders are grappling with wilder swings from China than Europe. As Bloomberg notes, the offshore yuan has been more volatile than the euro all month after first overtaking the shared currency in July, according to 30-day realized data. And while euro […]
Weekly Commentary: Powell, Greenspan and Whatever it Takes
Weekly Commentary: Powell, Greenspan and Whatever it Takes Fed Chairman Powell is in a tough spot, one made no easier now that he’s on the receiving end of disapproving presidential tweets. The global Bubble has begun to falter, which only exacerbates divergences between various markets and economies. The U.S. is booming, while China struggles and […]
“Thank God This Is Happening” Russia Says Time Has Come To Ditch The Dollar
“Thank God This Is Happening” Russia Says Time Has Come To Ditch The Dollar With the US unveiling a new set of sanctions against Russia on Friday, Moscow said it would definitely respond to Washington’s latest sanctions and, in particular, it is accelerating efforts to abandon the American currency in trade transactions, said Russia’s Deputy […]
New Reality of China’s Failing Economy Is Coming Soon
New Reality of China’s Failing Economy Is Coming Soon I’ve written for years that Chinese economic development is partly real and partly smoke and mirrors, and that it’s critical for investors to separate one from the other to make any sense out of China and its impact on the world. My longest piece on this […]
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 […]
Is Germany Moving SWIFT-ly To CIPS?
Is Germany Moving SWIFT-ly To CIPS? We have detailed how Russia and China have developed independent global payment systems that run parallel to the dollar based SWIFT system. We recently discussed how sanctions against Russia were actually “crushing the American empire“. The dollar based system is now obsolete and the entire world is questioning why […]
The Suicidal Empire
The Suicidal Empire There are a lot of behaviors being exhibited by those in positions of power in the US that seem disparate and odd. We watch Trump who is imposing sanctions on country after country, dreaming of eradicating his country’s structural trade deficit with the rest of the world. We watch pretty much all […]
This Vital Oil And Gas Choke Point Could Be At Risk
This Vital Oil And Gas Choke Point Could Be At Risk Beijing is taking to task a Pentagon report, ”Military and Security Developments Involving the People’s Republic of China 2018” released last Thursday on China’s military activities. The annual report issued by the Pentagon and presented to Congress, highlights growing Chinese naval capability, all the […]
