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Monthly Archives: May 2019
Trade War With China
Markets Tumble As China Strikes Back, May Dump “Some Treasuries” After vowing over the weekend to “never surrender to external pressure”, Beijing has defied President Trump’s demands that it not resort to retaliatory tariffs and announced plans to slap new levies on … Continue reading
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Wage Disparity Causing Global Collapse
From Gail Tverberg: Growth in energy consumption and in world GDP are very closely linked. In fact, energy consumption seems to be the cause of GDP growth… The reason why this close relationship exists is because it takes the “magic” of energy … Continue reading
The March to War With Iran
From Zero Hedge, nine months ago: On Tuesday an Israeli television channel aired leaked video footage it obtained exclusively showing Prime Minister Benjamin Netanyahu boasting that he had personally convinced President Trump to abandon the Iran nuclear deal. The statements were made at … Continue reading
Dmitry Orlov on Hegemon
From Dmitry Orlov: Iran wouldn’t actually have to do anything kinetic; it would suffice for it to threaten to attack some oil tankers for their insurance coverage to be voided, preventing them from loading cargo or setting sail. That would block deliveries … Continue reading
Dmitry Orlov on Ukraine
From Dmitry Orlov at The Saker: Just as the Baltics (Estonia, Latvia, Lithuania), Ukraine had reached its peak of economic and social development just as the USSR was about to collapse, and it has been degenerating and losing population ever … Continue reading