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Maersk Warns “Significant Disruptions To Global Shipping Network” As Red Sea Attacks Persist
Maersk Warns “Significant Disruptions To Global Shipping Network” As Red Sea Attacks Persist President Biden’s second week of military strikes against Iran-backed Houthi anti-ship missile bases and continued attacks on commercial vessels in the Red Sea by the rebels have raised serious concerns about supply bottlenecks jeopardizing global growth. On Thursday, top container shipper AP Moller-Maersk sent […]
Eagle Ford Shale–A Preview of Permian Decline
Eagle Ford Shale–A Preview of Permian Decline The Eagle Ford Shale was the hottest play in the United States a little more than a decade ago. In mid-2012, there were twice as many rigs drilling horizontal wells in the Eagle Ford as there were in the Permian basin. Figure 1. Map showing U.S. shale plays. […]
The End of the Colombian Age
The End of the Colombian Age Dusk over Oceania. Photo by Johannes Plenio on Unsplash We are witnessing the end of an era in history spanning half a millennium; the end of Western dominance in geopolitics. For those who understand the role of resources and energy in economics, culture and politics, it comes as no surprise that […]
Will The Texas Power Grid Survive Next Week’s Polar Vortex?
Will The Texas Power Grid Survive Next Week’s Polar Vortex? The National Weather Service’s Climate Prediction Center forecasts extreme cold weather “across the heart of the country this weekend and is expected to continue into next week.” We previewed this cold blast in a note titled “Gobsmackingly Bananas”: Weather Models Predict Polar Vortex Invasion Into US. […]
Iran Warns Against US ‘Adventurism’ After Parking Cruise Missile-Armed Warship In Red Sea
Iran Warns Against US ‘Adventurism’ After Parking Cruise Missile-Armed Warship In Red Sea The Red Sea continues to grow busy with the presence of naval assets, as the West and its allies attempt to keep international shipping lanes open despite the threat of Houthi missiles and drones launched from Yemen. This has lately included nations such as […]
US Debt Hits A Record $34.001 Trillion
US Debt Hits A Record $34.001 Trillion The US Treasury has a morbid habit of revealing big, round numbers of debt around major calendar milestones, and the new 2024 year was no different because according to the latest Treasury Daily Statement published after the close today and reflecting the US Treasury’s financial statements as of […]
“It’s Disgusting What They’re Doing”: Tucker Carlson Describes Visit With Julian Assange
“It’s Disgusting What They’re Doing”: Tucker Carlson Describes Visit With Julian Assange As Julian Assange approaches his ‘final’ appeal against extradition to the United States, where he faces some 18 counts related to the release of vast troves of damning and embarrassing evidence against the US government, the 52-year-old WikiLeaks founder received a visit from Tucker Carlson to […]
What the “Rules Based International Order” Really Means
What the “Rules Based International Order” Really Means This map, from Multipolarista, shows the US-centred Empire bloc of nations (in red) that subscribe to the US-invented Rules Based International Order. The countries in green do not recognize that order, and they continue to support de facto a UN-centred international system governed by international law. There was […]
David Stockman on Washington’s Fiscal Doomsday Machine
David Stockman on Washington’s Fiscal Doomsday Machine Here’s one that will make your hair stand on end: The US Treasury closed the books on FY 2023, bringing the four-year cumulative deficit to $9.0 trillion! That’s right. During the last 1,461 days (FY 2020 thru FY 2023), Uncle Sam has generated $6.2 billion of red ink each and every […]
Leaving Blobtopia
Leaving Blobtopia “The vibe shift being witnessed is nothing more then a managerial class losing the mandate of heaven as they squander the inheritance of empire.” —Jim Sharp A nation can only take so much corruption, crime, and unreality. ”We’re an empire now, and when we act, we create our own reality,” said Karl […]
Is World War III About to Start? Part I: Drift Toward War
Is World War III About to Start? Part I: Drift Toward War Nuke rattling from both sides over Ukraine. Read Part 2 of this series here. It is likely that billions of people around the world view the conflict in Ukraine as a proxy war being waged by the U.S. against Russia. US President Joe Biden […]
Summer of the Hawks
SUMMER OF THE HAWKS Wishful thinking is still the rule among Biden’s foreign policy team, as the slaughter in Ukraine continues National Security Adviser Jake Sullivan and Secretary of State Antony Blinken in the Oval Office at the White House on June 22. / Anna Moneymaker/Getty Images. It’s been weeks since we looked into the […]
Brace Yourselves, Because What They Have Planned Is Going To Absolutely Devastate The U.S. Economy
Brace Yourselves, Because What They Have Planned Is Going To Absolutely Devastate The U.S. Economy Do you remember what happened in 2008? Many people believe that another historic financial disaster is coming and that it will absolutely devastate the U.S. economy. Earlier this week, I wrote about an investor named Michael Burry that has actually […]
