Global Economy

These two titles from Global Research Publishers are available in PDF (e-book) format delivered directly to your inbox, as well as in print format.  . . . The Globalization of War: America’s “Long War” against Humanity by Michel Chossudovsky Buy … The post The Globalization of War & The Globalization of Poverty: Two Important Titles […]

The First “Global Inflationary Depression” Is Very Possible Authored by Bruce Wilds via Advancing Time blog, It is possible that we might soon be witness to the first global inflationary depression. This is not a mix of words we normally see placed together. Several factors make this scenario possible. First, we seldom have depressions but […]

The Myths Of Green Energy Authored by Charles Hugh Smith via The Daily Reckoning, Finance is often cloaked in arcane terminology and math, but the one dynamic that governs the future is actually very simple. Here it is: All debt is borrowed against future supplies of affordable hydrocarbons (oil, coal and natural gas). Since global […]

South Korea finished its first week of rolling out long-awaited Covid-19 inoculations in the country with thousands of suspected adverse reactions to AstraZeneca’s vaccine, seven of which resulted in deaths. The number who died after the jab rose by four in the past two days, according to a report on Saturday by South Korea’s Disease […]

While Covid-19 has claimed more than 2.5 million lives worldwide, the chief executive at CNN’s parent firm is looking on the bright side, telling a virtual audience the pandemic has been “really good” for the outlet’s ratings. Jason Kilar – CEO of WarnerMedia, which owns the cable network – appeared at Morgan Stanley’s “Technology, Media […]

At long last we see action to kill war power authorizations used by three presidents. At long last we see action to kill war power authorizations used by three presidents. Read More

Restaurants, shopping centers, and gyms will reopen in Saudi Arabia on Sunday in a major easing of coronavirus restrictions by the Gulf nation, a government source told state-run SPA news agency. The decision on lifting the suspension will be implemented starting from March 7, an official source in the Interior Ministry said. This means that […]

CPI Jumps In Feb, BLS Admits It’s Making Most Of It Up Update: The BLS is basically just admitted it is all BS…“data collection in February was affected by the temporary closing or limited operations of certain types of establishments. These factors resulted in an increase in the number of prices considered temporarily available and […]

The European Parliament has scrubbed plans for its vote on the post-Brexit trade deal between the UK and EU in protest against Boris Johnson’s unilateral decision to change parts of the Northern Ireland agreement, RTE reports. Leaders of Europe’s political groups met on Thursday to agree on a date for the final vote to ratify […]

National Guard DC Deployment To Last Two More Months About half of the National Guardsmen deployed in Washington DC will remain at the US Capitol through May 23, the Pentagon announced Thursday evening. At the direction of Defense Secretary and Raytheon board member what’s his face Lloyd Austin, approximately 2,300 troops will remain stationed more […]

A sharp drop in Tesla’s share price this week has wiped some $27 billion from its CEO Elon Musk’s enormous fortune. The carmaker’s stock has been tumbling for four days in a row amid a wider tech sell-off. Tesla shares tumbled almost four percent to the lowest in almost three months on Friday, pushing its […]

China may be increasing it’s navy and armed forces while taking advantage of that “accidental” plague by aggressively moving pieces around the board, but I don’t think Xi Jinping realizes how much diversity and inclusion training we’ve had pic.twitter.com/GPJlckTH52 — War Criminal Patricius (@H0nest0bserver) March 8, 2021 China may be increasing it’s navy and armed […]

“The Great Reset” wants to make the world unipolar again in order to move towards a globalist non-polarity, where the elites will become fully international and their residence will be dispersed throughout the entire space of the planet. This is why globalism brings about the end of the US as a country, a state, a […]

As Insurrection Narrative Crumbles, Democrats Cling To It More Desperately Than Ever Authored by Glenn Greenwald via greenwald.substack.com, Twice in the last six weeks, warnings were issued about imminent, grave threats to public safety posed by the same type of right-wing extremists who rioted at the Capitol on January 6. And both times, these warnings […]

The former French ambassador to the US has urged Brussels to consider retaliatory measures in response to Washington’s extraterritorial sanctions on European companies, arguing that it was time to defend EU interests. Pierre Vimont, a career French diplomat who served as envoy to the US from 2007-2010, said in an interview that extraterritorial sanctions have […]

Dozens of demonstrators have taken over Paris’s Odeon Theater as part of national protests against the continued closure of cultural venues as the French government brings in tougher Covid-19 curbs. Police in the French capital closed off all entrances to the area surrounding the historic building, one of France’s national theaters, after as many as […]

Health Experts: Obesity Fuelling Vastly Higher COVID Death Toll Authored by Steve Watson via Summit News, Health experts have warned that there is a direct correlation between obesity and higher COVID-19 death tolls across the globe, findings that will not jive well with the woke trend to promote being overweight as ‘body positivity’. The London Telegraph […]

Japan Supercomputer Finds Double-Masking Doesn’t Work Many Americans are asking themselves: Is double making offering more protection against COVID-19 than a single mask?  To answer that question, we ask readers: Does anyone wear two condoms? The answer is probably no. But members of the Biden administration and at least one state governor are touting the extra […]

New Army Strategy Document Sees Arctic As Battleground With Russia & China Authored by Rick Rozoff via AntiWar.com, Last week the US Army released a new strategic policy document entitled Regaining Arctic Dominance, an exhaustive 48-page work with valuable background information and striking graphics. Because of its length an attempt to summarize it with the accuracy and comprehensiveness would be […]

Trump & Biden’s Secret Bombing Wars By Medea Benjamin and Nicolas J. S. Davies, March 04 2021 Unbeknownst to many Americans, the U.S. military and its allies are engaged in bombing and killing people in other countries on a … The post Selected Articles: The Dangers of A “Sino-American Hot War” appeared first on Global Research. Trump & […]

EU countries have the right to acquire vaccines independently if jabs aren’t part of the bloc’s centralized procurement strategy, a European Commission spokesman said when asked about the Russian and Chinese shots. Amid shortages of EU-approved Pfizer, Moderna and AstraZeneca vaccines against the coronavirus, some countries in the bloc have started looking for other ways […]

Scottish leader Nicola Sturgeon has hit out at “disgraceful” Rangers fans who gathered in Glasgow to celebrate their side’s first title win in a decade in scenes which she described as “deeply unfair to the entire country.” Steven Gerrard’s Rangers team completed their 10-year revival to the summit of the Scottish game on Sunday, clinching […]

The Global Inflation Nightmare That You Have Been Warned About Is Here Authored by Michael Snyder via TheMostImportantNews.com, If you thought that authorities all over the planet could print, borrow and spend money like there was no tomorrow without any consequences, you were being delusional.  Since the beginning of the COVID pandemic, we have witnessed […]

Beijing has summoned the British ambassador to China, Caroline Wilson, over an article she penned about the Chinese government’s alleged misrepresentation of the international media, the Chinese foreign ministry said on Tuesday. China has “stern” opinions about the “inappropriate” article, the statement from the head of the ministry’s Europe department said, adding that it only […]

It’s common for Western observers to dismiss the emerging strategic partnership between Russia and China as merely a “marriage of convenience” and a union excessively reliant on shared opposition to US foreign policy ambitions. Russia and China: Strategic partnership or a marriage of convenience? Thus, it’s expected that under the surface, centuries of distrust linger, […]

Too Busy Frontrunning Inflation, Nobody Sees The Deflationary Tsunami Authored by Charles Hugh Smith via OfTwoMinds blog, Those looking up from their “free fish!” frolicking will see the tsunami too late to save themselves. It’s an amazing sight to see the water recede from the bay, and watch the crowd frolic in the shallows, scooping […]

The Guardian accidentally confirmed the suspicions of a whole lot of conspiracy theorists with an article suggesting a “global lockdown every two years” was needed to meet Paris climate goals. The title was quickly changed. If carbon dioxide emissions don’t drop by the equivalent of a worldwide lockdown “roughly every two years” for the next […]

Better late than never? The European Union has begun an appraisal of the pioneering Sputnik V coronavirus vaccine, developed by Moscow’s Gamaleya Institute, to determine whether the bloc will approve its use for immunizations. On Thursday, a statement on the European Medicines Agency (EMA) website confirmed that the review had been ordered. According to officials, […]

The dossiers open on Joe Biden’s desk are not only those of his newborn administration but also and above all those he inherited from those who preceded him, who is not the only Donald Trump. In fact, there are specific political lines that change little from administration to administration and that reflect the interests of […]

Bipartisan Senators Seek To Strip Biden Of War Powers Authored by Mike Shedlock via MishTalk, At long last we see action to kill war power authorizations used by three presidents. Senators Go After Endless Wars In a long overdue effort Bipartisan Senators Introduce Bill to Strip Biden of War Powers. Sens. Tim Kaine and Todd Young […]

Baltimore Student Who Failed All But Three Classes In Four Years Was Ranked In Top Half Of His Class Authored by Jonathan Turley, As teacher unions fight to keep schools closed, the true cost is being felt by students who are racking up failing grades, dropping out of virtual classes, increasing drug use, and, in rising numbers, committing suicide.  […]

“Profiteering Off Poverty” – The Side Of Baltimore The Media Won’t Show You Before President Trump and Republicans focused their energy on Baltimore City, showing how decades of liberal-run leadership transformed the once-thriving metro area into a “hell-hole,” readers may recall our reporting (see: here & here & here) showed a side of Baltimore that many hardly knew, […]

So This Is How The US Dollar Dies… Authored by Michael Snyder via The Economic Collapse blog, Our leaders are killing the U.S. dollar, and it is being done to thunderous applause.  The House and the Senate have now both passed the 1.9 trillion dollar “COVID relief bill”, and it will go to Joe Biden’s […]

German intelligence will tap the phones and spy on the members of Alternative für Deutschland opposition, but a senior party figure says if they can just have their message heard they will pick up even more votes. News that the German intelligence services now have the legal green light to monitor phones of the populist […]

Total income in America jumped in January by 13 percent from a year ago to a record $21.5 trillion due to government stimulus checks, data showed. RT’s Keiser Report explores the economic aftermath. “For years we’ve been talking about QE and why it is basically just a transfer payment to hedge funds. They live on […]

An organisation formed in 2020 to oppose school shutdowns amid the coronavirus pandemic has launched a new campaign calling on the government to reverse recommendations that masks should be worn in classrooms. In an open letter to Education Secretary Gavin Williamson on Thursday, UsForThem argued that “you can’t teach with face coverings and you can’t […]

Via The Babylon Bee NEW YORK, NY—Things have changed quite a bit in the world of Dr. Seuss, as six of his works have been pulled from publication, banned from sale on eBay, and eliminated from people’s minds using lobotomies to help fight the threat of racism. To get with the times, though, a new […]

Cooperation between Russia and Iraq in the oil sector is “very active” in spite of all the restrictions and the impact of the Covid-19 pandemic, according to Russian Deputy Prime Minister Alexander Novak. Novak, who previously served as Russia’s energy minister, met on Wednesday with Iraqi Oil Minister Ihsan Abdul Jabbar to discuss the prospects […]

The BfV, Germany’s domestic intelligence service, cannot spy on the Alternative for Germany (AfD) party under the authority they have to fight extremism, a court has said in an emergency injunction. The decision by the Cologne Administrative Court was taken on Friday as it continues looking into a complaint by the AfD. The court agreed […]

The European Medicines Agency (EMA) said on Thursday that it was investigating after two people inoculated from the same batch of AstraZeneca Covid-19 vaccine died from blood clotting and several countries stopped using the jabs. The inquiry comes after Iceland, Norway, Denmark, Estonia, Lithuania, Luxembourg and Latvia all suspended their rollouts of the AstraZeneca vaccine […]

The mutually reinforcing crises aren’t in the future, they’re here now, and Jay Powell’s shuck-and-jive has lost its magical powers to cloak the rot with speculative bubbles. How many more times do we have to watch Jay Powell claim his speculative bubble isn’t a bubble, and that his massive expansion of billionaires’ fortunes will magically […]

US Sends Bombers From Norway In “Low Flyover” Of Baltics Near Russian Base Previously we detailed the Pentagon’s unprecedented move to park on an indefinite basis multiple B-1 Lancer bombers in Norway, and Russia’s corresponding (and expected) anger and denunciation of the move. The expeditionary B-1 Lancer bomber squadron recently arrived in the NATO country which shares a […]

Tankers full of Iranian oil are reportedly causing a traffic jam at ports in China’s Shandong, as other countries are reluctant to snatch it up, wary of US sanctions. Congestion at one of China’s major refinery hubs was reportedly caused by soaring exports of crude from the Persian Gulf nation, which are expected to grow […]

Four orangutans and five bonobos at the San Diego Zoo have become the first non-human primates to be vaccinated against coronavirus, using an experimental drug originally intended for house pets. All nine apes received two doses of a shot developed by Zoetis, a veterinary pharmaceutical company. Although the experimental jab was designed for dogs and […]

When Does This Travesty Of A Mockery Of A Sham Finally Implode? Authored by Charles Hugh Smith via OfTwoMinds blog, The mutually reinforcing crises aren’t in the future, they’re here now, and Jay Powell’s shuck-and-jive has lost its magical powers to cloak the rot with speculative bubbles. How many more times do we have to […]

Russia and the EU may be at a low point in their relationship, but the natural interests of both sides require improving them regardless of existing differences, Russia’s top envoy to the union told RT. “I believe we have no other option, both Russia and the European Union, than to try to bring those relations […]

The idea that there needs to be a ministry to make certain ethnic groups feel a greater sense of equality is of course a red flag. Hearing the idea of a “Ministry of Social Cohesion” was quite exciting for someone who writes about politics, geopolitics and ideology on a regular basis. On the surface this […]

US Services Sector Jobs Slide As Input Prices Explode Higher After a mixed picture from US Manufacturing (PMI down, ISM up), expectations for February Services data were positive and Markit delivered with a better than expected 59.8 final print, but, we we have got used to, ISM disappointed notably, dropping from 58.7 to 55.3. The […]

Chinese Hackers ‘Likely To Have Netted High-Value Espionage Targets’ Using Microsoft Outlook Exploit Chinese hackers using an exploit in Microsoft’s Outlook email software likely netted “high-value espionage targets,” according to the Wall Street Journal, citing ‘people briefed on the matter.’ The victims – which range from as few as ‘tens of thousands’ to ‘higher than […]

The Canadian espionage agency used a quote from ‘A Perfect Spy’, a novel about a double-agent who betrayed his country, in a Twitter recruitment ad, raising questions about its own ‘intelligence’. The Canadian Security Intelligence Service (CSIS) drew many bemused and sarcastic replies after its tweet about job postings which quoted the work by Le […]

27% Of All Household Income In The US Now Comes From The Government Following today’s release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two key series, which showed a surge in personal income (to be expected in the month when the $900BN December 2020 […]

Having a video of former US President Donald Trump’s speech at CPAC may get you warnings and a deletion from YouTube, but apparently only if you’re RT, as the platform seems to selectively apply its arbitrary and capricious rules. On Tuesday, RT and its German-language channel RT DE got a notice from YouTube that the […]

“Unmistakable Message”: Top US Admiral Reveals Test Of China’s ‘Carrier Killer’ Ballistic Missile The top US commander over the Indo-Pacific region of operation has revealed new intelligence before a Senate panel on Tuesday that China’s military test launched an advanced anti-ship ballistic missile into the South China Sea. The previously undisclosed launch occurred in August last […]

A 50-year-old man died by hanging from a tree near one of the main farmer protest sites on the outskirts of the Indian capital Delhi. He reportedly left a note blaming the government for his actions. Tens of thousands of farmers from the states of Punjab, Haryana, and Uttar Pradesh have been protesting for over […]

Australian lawmakers finally passed a hotly-debated law that forces tech giants to pay publishers for their content, potentially setting the stage for similar legal action in other countries. The final version of the law won approval only after some last-minute amendments that followed a week-long blackout of news content on Facebook in Australia. While both […]

BofA “Sell” Signal Triggered Any Moment… The Last This Happened Time Was June 2007 Back in mid-December, when stocks were melting up furiously daily amid unprecedented retail euphoria, which would only get crazier and crazier until eventually it forced Citi to use a bigger chart two months later to capture the market’s retail euphoria… … […]

The idea of becoming successful is the ultimate evil in the Ghetto. It is this mindset that results in people in the Ghetto shaming others from childhood into making sure they never even try to leave. Generally, when reading material of an intellectual nature, the words “growing up in the ghetto” don’t fit very well, […]

Big tech’s influence over government has only grown between the last two election cycles. Facebook and Amazon now outspend the largest tobacco and oil giants when it comes to buying political favor, a new report states. Facebook and Amazon are now the two biggest corporate lobbying spenders in the country, according to a new report […]

The Biden administration has taken a popular meme and mutilated it, leaving what appears to be praise for Canada’s Justin Trudeau but which was hard to understand either way. Biden’s White House Twitter account posted two images in a row captioned “How it started. How it’s going” on Wednesday. The first showed Biden and Trudeau […]

FBI Director Christopher Wray told the Senate the “domestic terrorism” at the heart of the US Capitol riot has been “metastasizing” for years, but there is no evidence of involvement from Antifa or fake Donald Trump supporters. In a Tuesday hearing in front of the Senate Judiciary Committee, Wray made it clear he believed the […]

Muhammad Taimur Fahad Khan, research Associate & Media Officer at Institute of Strategic Studies Islamabad (ISSI), deals with matters of foreign policy, Russia and its neighborhoods. – You research at Institute of Strategic Studies Islamabad (ISSI), so in your opinion, what is role of the ISSI for developing of the foreign policy agenda of Pakistan? […]

“Trapped!” Authored by Charles Hugh Smith via OfTwoMinds blog, Kill authentic price discovery, you also kill markets, and in killing markets, you kill allocation of capital and risk management, and in killing those, you kill the economy… Back when prosperity was authentic, the Federal Reserve had little need for public relations. But now that “prosperity” is […]

Hungarian Prime Minister Viktor Orban’s Fidesz party has quit the European People’s Party (EPP) group in the European Parliament after EU MEPs voted in favor of a motion that would pave the way for Orban’s party to be excluded. “I hereby inform you that Fidesz MEPs resign their membership in the EPP group,” Orban wrote […]

This enchanted world is just peeping from under the Soviet shells, and grabbed her creative intuition Yuri Mamleev, brought clean water, fixing realistic in his stories and novels, not what people thought, but what is. This enchanted world is just peeping from under the Soviet shells, and grabbed her creative intuition Yuri Mamleev, brought clean […]

Political campaign groups in Russia that receive funding from abroad don’t have the country’s best interests at heart, Moscow’s Foreign Ministry has complained, arguing that they really exist to serve foreign states instead. Spokeswoman Maria Zakharova told listeners to the Moscow Says radio station on Thursday that these groups shouldn’t be considered as legitimate pro-reform […]

Commentary Do 36 Democrat House members calling for Joe Biden to relinquish sole authority over the nuclear code know something we don’t know? Not in the slightest! The idea of a man who couldn’t remember what state he is in (figuratively and literally), who refused to take a cognitive test so normative most sixth graders […]

At least five people were arrested, two cars incinerated, one police car damaged, as street furniture and public bins were also destroyed, in the third consecutive night of violence in the French city of Lyon. After incidents in the Alagniers district on Friday and the Duchère district on Thursday, violence erupted on the streets of […]

Deutsche Bank: Central Banks Simply Can’t Afford Higher Rates With Global Debt So High By Jim Reid, chief credit strategist at Deutsche Bank My theme this year has been that it’s going to be very complicated for financial markets with volatility high. The forces working in both directions (high growth and stimulus versus inflation and […]

Sweden Moves To Protect Academic Freedom After Prof Quits COVID Research Due To Harassment Authored by Jonathan Turley, We have been discussing erosion of free speech and academic freedom protections at colleges and universities around the United States. Most faculty have been conspicuously silent as their colleagues are attacked, suspended, or even fired for taking […]

America’s Plot For World Domination Authored by Robert Merry via TheAmericanConservative.com, Probably the most profound geopolitical development of the Twentieth Century was the rise of America as the world’s preeminent power during and after World War II. We’re still living in what Henry Luce called the American Century some eighty years after the publisher proclaimed […]

Deloitte will pay Malaysia’s government $80 million to resolve all claims related to its auditing of accounts of scandal-linked state fund 1MDB and its unit SRC International from 2011 to 2014. The Finance Ministry said on Wednesday that “The successful out-of-court settlement with Deloitte will expedite the payment of monies to fulfill 1MDB and SRC’s […]

“Freedom Bracelet” Tracking Device Launched As Alternative To Quarantine Authored by Steve Watson via Summit News, Israel has rolled out what it is calling a ‘Freedom bracelet’, a tracking device that will serve as an alternative to a two-week quarantine for anyone entering the country from abroad. The device, which looks like a smart watch […]

UK Tax Burden To Hit Highest Level Since The ’60s The Office for Budget Responsibility forecasts published this week, to accompany Rishi Sunak’s 2021 Budget announcement, revealed a number of headline-worthy statistics. As Statista’s Martin Armstrong notes, UK borrowing is at the highest rate since World War Two… You will find more infographics at Statista And with […]

Moscow sees the closure of RT-affiliated companies’ accounts by a German bank as “political pressure” on Russia and will react in kind if the work of the Russian media in Germany is impeded, the Russian Foreign Ministry said. “We consider such an openly hostile attitude … toward media, including the Russian ones, unacceptable,” Russia’s Foreign […]

To Defend Conservative Media, GOP Must Defend The Constitution Authored by Rick Santorum via RealClear Politics (emphasis ours), Republicans have long understood that the modern Democratic Party has little patience for free expression. Leftist speech police shut down debate on college campuses; biased media outlets like MSNBC lambasted President Trump’s language instead of discussing his […]

Canada’s Quarantine Hotels Backfire As People Starved A couple of weeks ago, the Canadian government introduced a new set of rules forcing international air travelers to quarantine in hotels for three days upon arrival; the plan has since backfired, “after a series of endless, chaotic setbacks including food shortages and even alleged sexual assaults,” according to RT […]

“No Interest In Sticking Around” – Manhattan Luxury Homeowners Sell Properties At loss   Manhattan’s luxury condo frenzy petered out a few years ago. Owners are taking realized losses as they offload properties at steep losses.  A prime example of this is the pending deal at 551 W. 21st St., where two units listed for a combined […]

The UK government has been criticised by both the EU’s finance chief, Mairead McGuinness, and Ireland’s Foreign Minister Simon Coveney for a breach of trust over unilateral changes to the Northern Ireland Protocol. McGuinness and Coveney expressed their outrage over the breach of trust a day after the UK unilaterally extended a grace period for […]

Washington’s punitive measures against Moscow have failed to change Russian policies and new sanctions won’t work either, according to Economic Update host, Professor Richard Wolff. Earlier this week, the US hit Russian officials and businesses with sanctions over the imprisonment and alleged poisoning of Russian opposition figure Alexey Navalny. RT’s Boom Bust is joined by […]

It is important to diversify and expand the India-Russia trade basket, according to India’s Foreign Secretary Harsh Vardhan Shringla. The sides should cooperate in new areas that will add momentum to bilateral ties, he said. Shringla, who was addressing a meeting hosted by the Diplomatic Academy of the Russian Ministry of Foreign Affairs, said there […]

The Quality Of Life In The United States Is Going Down The Toilet Authored by Michael Snyder via TheMostImportantNews.com, Is the quality of life in America getting better, or is it getting worse?  Americans certainly have a lot more “money” than they did when I was a kid, but that doesn’t mean much because the […]

Escape Hatches: Migration, Bitcoin, & The Ability To Get Out Authored by Joakim Book via The American Institute for Economic Research, For decades, those of us skeptical of our central banks’ monetary experiments have tried to punish them for their excesses – reign them in, have them follow a stated rule, or at least provide […]

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Students Demand Removal Of George Washington Statue… At University Of Washington Authored by Angela Morabito via Campus Reform, The University of Washington’s Black Student Union has garnered nearly 8,000 signatures on a petition that demands the school remove a statue of George Washington, the school’s – and the state’s – namesake.  The petition claims the statue “perpetuates […]

Is The U.S. Going The Way Of Afghanistan? Authored by James Bovard via The American Institute for Economic Research, Acrimony and recriminations continue to swirl around the 2020 presidential election. Three out of four Republicans believe that there was “widespread fraud” in the election, while Democrats have sought to turn criticisms of the election into a “Big […]

Check back for our regular updates on U.S. unemployment and billionaire wealth during the pandemic emergency. By Chuck COLLINS February 24, 2021 Update: US Billionaire Wealth Grows $1.3 trillion Since Mid-March 2020. As the US crosses the threshold of half a million deaths from the Covid pandemic, the nation’s billionaires continue to reap extraordinary financial gains.  […]

Rickards: The Great Reset Is Here Authored by James Rickards via The Daily Reckoning, The Bretton Woods conference of 1944 set the global financial system that still prevails today. The period 1969-1971 can be regarded as the First Reset, which involved the creation of Special Drawing Rights (SDR, ticker:XDR), the devaluation of the dollar and […]

Minsk and Moscow have integrated their militaries so closely that Belarus is essentially a military district of Russia. That’s according to the Estonian Intelligence Service, which published its annual report last week. The publication focused mainly on supposed threats posed to the rest of Europe by Russia, while also touching on China and domestic politics […]

How Does All Of This End? Authored by Jeffrey Tucker via The American Institute for Economic Research, There is a sense in the air that the pandemic is winding down, and the toxic culture of division, fear, and hatred along with it. Cases are down dramatically. Deaths too. Hospitalizations are no longer irregular. Restrictions are being repealed. […]

Kill authentic price discovery, you also kill markets, and in killing markets, you kill allocation of capital and risk management, and in killing those, you kill the economy. Back when prosperity was authentic, the Federal Reserve had little need for public relations.But now that “prosperity” is an illusion that must be managed lest the phantasm […]

More Power Defaults As Texas Energy Crisis Widens; ERCOT Releases Short List  We’re starting to get a better understanding of the Texas credit crisis involving power companies operating on the state’s power grid following the Arctic blast and severe winter storms that pounded the area last month, resulting in wholesale electricity prices soaring to more than 9,000 a megawatt-hour.  […]

Why Inflation Exploded In The 20th Century By Jim Reid, chief credit strategist at Deutsche Bank The hottest topic in markets at the moment is inflation. For a bit of background our 2018 annual Long-Term Study was entitled “The History (and Future of) Inflation” where we looked at 800 years of data on the topic. […]

Nice words, you might think. Who doesn‘t want to have a better world? Nearly everybody, I guess, but the same elites who made the plans at the WEF and other institutions are to blame for the world they created: a world with wars, killings, and pollution by big companies which they own. There’s also the […]

Those betting on GameStop stock’s price decline, or short-sellers, lost around $1.9 billion in just two days as the Reddit crowd’s favorite “meme stock” renewed its enormous rally. Shares of the video game retailer skyrocketed over 100 percent on Wednesday, with the enormous volatility even prompting trading halts. The sudden rally brought $664 million in […]

Homosexuality Can Be Deemed ‘Mental Disorder’ In China, Says New Court Ruling After the Chinese Communist government previously decriminalized homosexuality in 1997 and removed it from the country’s official list of things deemed mental disorders in 2001, a major court decision in China this week has “shocked” various rights monitors by once again classifying homosexuality as […]

Malcolm X from the Grassroots to the African Revolution By Abayomi Azikiwe, February 24 2021 These remarks were delivered at an African American History Month virtual webinar hosted by the Moratorium NOW! Coalition on Monday February 22, 2021. The … The post Selected Articles: What Planet Is NATO Living On? appeared first on Global Research. Malcolm […]

The founder of a front group for the Chinese Communist Party appeared at an event at the Carnegie Endowment for International Peace in May 2016, where he pushed a pro-Beijing argument regarding a decades-long stalemate over control of the South China Sea. The speech, by Tung Chee-hwa, the founding chairman of the China-U.S. Exchange Foundation […]

Ditch The Afghanistan Experts Authored by Daniel L. Davis via RealClear World (emphasis ours), U.S. President Joe Biden is coming under heavy pressure to abandon the May 1 deadline to withdraw U.S. combat troops from Afghanistan. The push to move the deadline might come from a former secretary of state, the congressionally mandated Afghan Study Group, or even […]

Official data released on Tuesday shows that UK unemployment reached a five-year high of 5.1 percent in the last quarter of 2020 as the government introduced its second Covid-19 induced lockdown. The Office for National Statistics (ONS) said that 1.74 million people were unemployed in the October to December period, an increase of 454,000 from […]

Australia’s mass vaccination drive is set to get a publicity campaign, the country’s health minister has said. There will be no advertising on Facebook, however, as the government remains locked in a bitter row with the platform. As Australia launched its mass vaccination using the Pfizer jab on Sunday, Health Minister Greg Hunt promised a […]

Iran’s Revenge? At Least 10 Rockets Slam Into US Base In Iraq There’s yet more significant escalation in Iraq as it appears pro-Iranian militia forces may have ‘hit back’ in a potential retaliation strike against US forces, as the Pentagon has confirmed at least ten rockets were fired on the the Ain al-Asad airbase in Iraq’s Anbar province […]

The volume of trade between Russia and Germany declined by 22.2 percent in 2020, year-on-year, to €44.9 billion ($54.4 billion), according to data from the German Committee on Eastern European Economic Relations. The association said the Covid-19 pandemic and political disagreements led to such a massive reduction in trade turnover between the two nations. “German-Russian […]

John Brennan, the former CIA director and perjurer who’s now an MSNBC contributor, apparently found a point on which he and his conservative critics can agree: Both sides are ashamed that he’s a white male. Responding to an MSNBC discussion Monday about Republican claims regarding the January 6 Capitol riot, Brennan said, “I’m increasingly embarrassed […]

Inflation Phases: From Deflation Repair To Inflation Despair In a new note out of Goldman’s Christian Mueller-Glissmann, the strategist looks at the impact of inflation on balanced portfolios, and writes that even as US inflation expectations have fully recovered and investors are moving from fading deflation risk to pricing an inflation overshoot (which in moderation […]