The truth will out.
by David Stockman via International Man If you didn’t think the $70 trillion global bond market was a train-wreck waiting to happen, surely last week’s yield surge was a wake up call. From the 2.15% close one week earlier, the 10-year yield soared to a peak of 2.50% just after mid-day last Friday; and that […]
by Paul Craig Roberts via Institute for Political Economy The White House Moron wants to tax unrealized capital gains, and some neoliberal economists think it is a good idea. Let’s take a look and see what we think. A capital gain is an increase in the price of something since you purchased it. It could […]
by Doug Casey via International Man International Man: Commodity prices go through cycles. Where are we in this cycle, and what do you think comes next? Doug Casey: Commodities, historically, are the worst investment in the world. The price trend of commodities for the last 5,000 years has been down. In neolithic times, a caveman […]
by Aran Ali via Visual Capitalist Walmart Owns Most of the Supermarkets in Mexico The U.S. and Mexico have influenced each other in many ways over the course of their history, through both the exchange of culture and the cross-border trade of goods and services. One lesser-known area of overlap between the two nations? Supermarket […]
by Ryan McMaken via Mises.org American policy makers have shown a surprising about of sanity so far in response to Russia’s invasion of Ukraine. While some war enthusiasts among the American punditry have certainly been agitating for World War III, the leadership in both the White House and Congress has repeatedly and straightforwardly refused most calls […]
by Daniel Lacalle via Mises.org There are numerous articles mentioning that Saudi Arabia may use the yuan, China’s domestic currency, for its oil exports. How much does Saudi Arabia export to China? According to the Organisation of Economic Co-operation and Development, the kingdom’s main exports are to China ($45.8B), India ($25.1B), Japan ($24.5B), South Korea […]
by Doug Casey via International Man (Today’s article is an adaptation from one of Doug’s speeches.) It used to be that America was a country of free thinkers. “Say what you think, and think what you say.” That’s an expression you don’t hear much anymore. It’s much more like the world of 1984 where everything […]
by Nick Giambruno via International Man It’s been rightly said that “he who holds the gold makes the rules.” After World War 2, the US had the largest gold reserves in the world, by far. Along with winning the war, this let the US reconstruct the global monetary system around the dollar. The new system, […]
by Ryan McMaken via Mises.org It is becoming increasingly apparent that isolating Russia and totally cutting it off from the global economy is not going to be easy. As I discussed last week, from Mexico to Brazil to China to India and much of Africa, the world is resisting Washington’s call to treat Russia as a pariah […]
by CJ Hopkins via Consent Factory Warm up the Wagnerian orchestra and call in the goose-stepping chorus girls, because … yes, that’s right, it’s Springtime for GloboCap! “The Winter of Severe Illness and Death” is over! The big Black Sun is shining again! God’s in his heaven, all’s right with the world! OK, sure, the […]
by Ryan McMaken via Mises.org President Biden on Thursday made two big admissions about the US-led economic sanctions on Russia. The first is that the sanctions will lead to food shortages for many countries other than Russia, and that this is simply the price that Americans ought to be forced to pay. The second admission […]
by Vasko Kohlmayer via LewRockwell.com In his recent appearance on Face the Nation, Senate Minority Leader Mitch McConnell told Margaret Brennan: “The Ukrainians have killed more Russians in three weeks than we lost in Afghanistan and Iraq in 20 years. I think we ought to go into this believing the Ukrainians can actually win. And […]
by Chris MacIntosh via International Man You might be thinking we are “pro-Russia”. Nothing of the sort. In essence, we would like to point out how Russia is way more important to the world economy than it was some 20 years ago. To embargo or limit Russia’s exports will only lead to an inflationary super […]
by Egon von Greyerz via Gold Switzerland We are now at the end of an era of economic and moral decadence in a debt infested world built on false values, fake money and abysmal leadership. All hell will break loose. The consequences will be fatal for the world. There are eras in history which have […]
Russian economic sanctions are by no means as surgical or precise as the Biden Administration would hope. Sanctions on Russia will negatively impact the United States. There will be blowback. Brace yourself. From Zero Hedge, Several weeks ago, when Biden instituted a wholesale ban on Russian energy exports, he explicitly carved out Russian uranium suppliers […]
by Off-Guardian.org Welcome to the second phase of the Great Reset: war. While the pandemic acclimatised the world to lockdowns, normalised the acceptance of experimental medications, precipitated the greatest transfer of wealth to corporations by decimating SMEs and adjusted the muscle memory of workforce operations in preparation for a cybernetic future, an additional vector was required to […]
by Jeff Thomas via International Man Whenever a movie has been a huge hit, the film industry tries to follow it up by doing a sequel. The sequel is almost invariably far more costly, as there’s the anticipation by those who create it that it will be an even bigger blockbuster than the original. The […]
by David Stockman via International Man Goodness me, even the Wall Street Journal is catching on. In a piece about the inflationary rebound theory of a former UK central banker named Charles Goodhart, it actually tees-up the possibility of high inflation for a decade or longer due to an adverse, epochal shift in the global […]
by Doug Casey via International Man International Man: Prior to the Russian invasion of Ukraine, we discussed the rising tensions between the US and Russia over Ukraine. What is your take on what has transpired since then? Doug Casey: I think it makes sense first to recount the genesis of this war. It started when an American-backed […]
by Paul Craig Roberts via Institute for Political Economy Is it Washington or the Kremlin which is the most confused about sanctions and their impact? Washington and Europe have made it very clear that sanctions do not apply to payments for Russian energy and minerals. Only the US has banned the import of Russian gas […]
by Ronnie Cummins via Mercola.com STORY-AT-A-GLANCE Either we move beyond merely treating the symptoms of our planetary degeneration — and build instead a new system based upon regenerative food, farming and land use, coupled with renewable energy practices and global cooperation instead of superpower competition and belligerence — or we will soon pass the point […]
via GEFIRA.org The collective post-West has been running amok for the last two weeks. The powers that be make believe that they did not expect that events would unfold the way they are unfolding now (though they did their best to make things happen as they are happening) and they make a show imposing sanctions […]
by Nick Giambruno via International Man The escalation ladder is a concept to describe how the severity of a military conflict can increase. At the very top of the escalation ladder is all-out nuclear war. While there are numerous countries with nuclear weapons, Russia and China are the only ones with sophisticated enough arsenals to […]
by Robert Aro via Mises.org This Wednesday, Federal Reserve Chair Jerome Powell will address the world to likely announce the raising of interest rates. With the first rate hike in several years and the promise to reduce the balance sheet later this year, the stage for 2022 will be set. Also tomorrow, per CNN: …Moscow […]
by Paul Craig Roberts via Institute for Political Economy We can see how much worse the sanctions are punishing US and Europe than they are punishing Russia by examining this article: https://www.rt.com/news/551486-us-ban-oil-gas-russia/ The Covid lockdowns re-awoke inflation, something the Federal Reserve had been unable to do for more than a decade of massive money creation. The […]