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Tag Archives: china
Economic Collapse: Will Cryptocurrency Save the Financial System?
Economic Collapse: Will Cryptocurrency Save the Financial System? In the second article of my three part series, I addressed how we got to the current state of this financial chaos. In this last article, I explain where we are heading and how cryptocurrency could be the last chance to create a sustainable economic system. Where to go from here? […]
The Doomsday Weapon
The Doomsday Weapon While we agonize over such life and death questions as clumsy men groping women and the crucial need for gender and racial ‘inclusion,’ let me spare a few seconds thought to something really important and scary: Russia’s doomsday nuclear torpedo. Code-named by NATO ‘Kanyon,’ it’s reportedly something new and terrifying, a ‘third strike’ […]
According to the Doomsday Clock, the End Is Near
According to the Doomsday Clock, the End Is Near The hypothetical “Doomsday Clock” is closer to midnight – the hour of doom – than it has been since 1953, the year that the US and the USSR both tested hydrogen bombs at the beginning of the global nuclear arms race. The Bulletin of the Atomic […]
America’s National Defense Is Really Offense
America’s National Defense Is Really Offense On Friday, the Pentagon released an unclassified summary of the 2018 National Defense Strategy report. On the same day, Secretary of Defense James Mattis delivered prepared remarks relating to the document. Reading the summary is illuminating, to say the least, and somewhat disturbing, as it focuses very little on actual […]
Ken Rogoff Warns “China Will Be At The Center Of The Next Global Financial Crisis”
Ken Rogoff Warns “China Will Be At The Center Of The Next Global Financial Crisis” Having warned in Davos today that: “If interest rates go up even modestly, halfway to their normal level, you will see a collapse in the stock market,” “I don’t know how everything from art and bitcoin to stock prices will […]
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. […]
China, South Korea Vow Retaliation In Trump Trade War
China, South Korea Vow Retaliation In Trump Trade War When we reported earlier today that President Trump lobbed the first real shot in the global (but mostly Asian) trade war when the White House announced it would slap imported solar cells and washing machines with up to 50% tariffs – Trump’s most significant trade action […]
Trump Fires Trade War Shots: “If There Is A Trade War With China, There Is”
Trump Fires Trade War Shots: “If There Is A Trade War With China, There Is” With Reuters having published the part of its exclusive Trump interview in which the president discusses North Korea and Russia, and in which he said that it is “very possible” the crisis with North Korea can’t be resolved in a […]
Trump: “Very Possible” Crisis With North Korea Can’t Be Resolved Peacefully
Trump: “Very Possible” Crisis With North Korea Can’t Be Resolved Peacefully In an exclusive interview with Reuters, President Trump said on Wednesday that Russia is helping North Korea get supplies in violation of international sanctions and that Pyongyang is getting “closer every day” to being able to deliver a long-range missile to the United States. […]
As Petro-Yuan Looms, Bundesbank Adds Renminbi To Currency Reserves
As Petro-Yuan Looms, Bundesbank Adds Renminbi To Currency Reserves Just days after China’s (denied) threat to slow/stop buying US Treasuries, and just days before the launch of China’s petro-yuan futures contract, Germany’s central bank confirmed it would include China’s Renminbi in its reserves. The FT reports that Andreas Dombret, a member of Deutsche Bundesbank’s executive […]
China’s Official Military Newspaper Warns: “War Is Not Far”
China’s Official Military Newspaper Warns: “War Is Not Far” “War is not far from us. Regional situations around China are complex and unstable, and dangers are hiding under the peace. China cannot afford a military failure, so we must be fully aware of potential crisis and be prepared for battle at all times. When the […]
2018: The Year of Living Dangerously
2018: The Year of Living Dangerously I’m calling 2018 “The Year of Living Dangerously.” That description might seem odd to lot of observers. Major U.S. stock indexes keep hitting new all-time highs. 2017 went down as the first calendar year in which the Dow Jones industrial average was up for all 12 months. Even in […]
