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Who Needs Enemies?

Who Needs Enemies? Vittorio Matteo Corcos Conversation in the Jardin du Luxembourg 1892 Obviously, there are tensions between Europe and the US. Just as obviously, these tensions are blamed on, who else, Donald Trump. European Council President Donald Tusk recently said: “With friends like Trump, who needs enemies?” EU Commission chair Jean-Claude Juncker even proclaimed […]

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Let’s (Not) Make a Deal

Let’s (Not) Make a Deal James McNeill Whistler Nocturne in Black and Gold, the Falling Rocket 1875 Dr. D again. And wait, that deal was never even -legally- signed? Dr. D: I know the U.S. hasn’t followed the law in 100 years, but let’s review the Iran Deal. A “Deal” with a foreign nation is […]

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Doug Duncan: Even US Government Economists Predict Trouble Ahead

Doug Duncan: Even US Government Economists Predict Trouble Ahead Fannie Mae forecasts an economic slowdown by 2019 Doug Duncan is not your average beltway economist. The chief economist for Fannie Mae is surprisingly outspoken about the troublesome outlook for the US economy. He’s worried about the rising cost of debt service as outstanding credit continues […]

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The Civil War Is At Home

The Civil War Is At Home  Francesco Hayez The Death of the Doge Marin Faliero 1867 Dr. D’s swift response to my essay yesterday, Every Kingdom Divided Against Itself. On the mechanisms by which empires fall. They’re always similar and familiar. Dr. D: Wonderfully said. Since no one will report, here’s what happened to that […]

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Winter is Coming

WINTER IS COMING “Summer will end soon enough, and childhood as well.” – George R.R. Martin, Game of Thrones “Reflect on what happens when a terrible winter blizzard strikes. You hear the weather warning but probably fail to act on it. The sky darkens. Then the storm hits with full fury, and the air is […]

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The War Machine Springs To Life Over Syria

katehon.com The War Machine Springs To Life Over Syria NATO has drawn 1st blood. Will Russia respond? Update: Three hours after the initial posting of this report, the US, the UK and France conducted a missile air strike against Syria The events of the past few days involving Syria, the US and Russia are highly concerning. […]

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Hot War and Cold Markets

Hot War and Cold Markets This is turning into a comedy. A black comedy, for sure, but still. As both the Skripal novichok ‘poisoning’ case in Britain and the ‘chemical attack’ in Douma, Syria fall flat on their faces on a total and absolute lack of evidence, it’s becoming clear that western ‘authorities’ are not […]

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The Core

The Core Jerome Liebling May Day Union Square Park New York City 1948Dr. D. peels the American political onion to get down to what it’s all about. I’m impressed. He explains America better than just about anyone. Turns out, there ain’t much left. So yeah, what happened? Dr. D: The news cycle runs so frenetically […]

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Facebook: Six Degrees of Giant Squid

Facebook: Six Degrees of Giant Squid Hildegard von Bingen (1098-1179) German artist, philosopher, composer, mystic Cosmic TreeAll of a sudden, politicians in the EU, UK, and USA all want to talk to Mark Zuckerberg. That’s a bad enough sign all by itself. It means they all either have been asleep, complicit, or they’re not very […]

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The European Union Wants to Be an Even Bigger Global Bully

The European Union Wants to Be an Even Bigger Global Bully Europe doesn’t need another empire. Over time, the European Union has developed into more than just an economic cooperation between nations. The EU is a big and intrusive government that constantly acquires new powers. And like all superstates, its tendency to defend freedom against control […]

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1984 Is Not The Future

1984 Is Not The Future Jacobello Alberegno The Beast of the Apocalypse 1360-90  The Guardian ran an article yesterday by one of its editors, David Shariatmadari, that both proves and disproves its own theme at the same time: “An Information Apocalypse Is Coming”. Now, I don’t fancy the term apocalypse in a setting like this, […]

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Trump Seeks Congressional Funding for 60,000-Man Army to Overthrow Assad

Trump Seeks Congressional Funding for 60,000-Man Army to Overthrow Assad ISIS, or ISIL, or Islamic State, has been almost completely defeated in Syria, but the U.S. Department of Defense is requesting an increase instead of a decrease in funding to support “Vetted Syrian Opposition,” or fighters in Syria against Syria’s Government, and it refers to […]

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A Modest Plan

A Modest Plan Rembrandt van Rijn The Storm on the Sea of Galilee 1633 On March 18, 1990, the painting was stolen by thieves disguised as police officers. They broke into the Isabella Stewart Gardener Museum in Boston, MA, and stole this painting, along with 12 other works. The paintings have never been recovered, and […]

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Art Berman: Like It Or Not, The Future Remains All About Oil

Vladimir Yudin | Dreamstime.com iTunes | Google Play | Download | Report Problem Art Berman: Like It Or Not, The Future Remains All About Oil And competition for it is heating up  Art Berman, 40-year veteran in the petroleum production industry and respected geological consultant, returns to the podcast this week to talk about oil. […]

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2017 Year In Review

Tortoon/Shutterstock 2017 Year In Review Markets fiddle while Rome burns Every year, friend-of-the-site David Collum writes a detailed “Year in Review” synopsis full of keen perspective and plenty of wit. This year’s is no exception. As with past years, he has graciously selected PeakProsperity.com as the site where it will be published in full. It’s quite longer than […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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