Politics is playing a bigger role in influencing the markets than is typical, and I (and others) am still trying to figure out where Donald Trump is taking us, especially as it regards trade and other wars. Besides prompting me to think hard and dig deep into what’s now happening, it is leading me to delve deeper into past trade and military wars to see their effects on economies and markets. I will pass along my findings when I complete the examination. In the meantime, I will share some...
Read More »The Saker — A truly historical month for the future of our planet
Hence this month’s historical developments which have placed Russia and the West in a direct collision course. As I said above, the Empire can now either fold or double down. If it decides to fold, war will be averted and meaningful negotiations finally entered into. If it doubles down, something the Neocons always do, then this means war with Russia. This is a stark and very difficult choice (no, not for normal people, but for the psychopaths ruling the West). And there isn’t much Russia...
Read More »Leonid — The low blow as a rule
It is a centuries-old practice of the maritime powers [thalassocracy] to "isolate" their enemies with a curtain made of economic sanctions, military encirclement, political and ideological condemnation: in the past, "isolation" or "strangulation" was usually the source of war. The latest developments in Europe are therefore to be looked at with concern: in the United Kingdom, the clumsy poisoning of former Russian spy Sergei Skripal was exploited to further exacerbate diplomatic relations...
Read More »Paul Craig Roberts — War Is On The Horizon
Good analysis.Paul Craig Roberts War Is On The HorizonAlsoHaaretzIsraeli Military Drill Simulates Multi-front War – With Russia Intervening Over Syria Yaniv KubovichAlsoLies and shifting goal posts. The US leadership never intended to deliver.National Security ArchivesNATO Expansion: What Yeltsin Heard
Read More »Edward Curtin — Further Signs of More War: A Most Dangerous Game
Concur. The march to war has begun after the public has been prepared. Just a matter of time now.Dissident VoiceFurther Signs of More War: A Most Dangerous Game Edward CurtinSee also Russia is warning the United States firmly that it will not tolerate attacks on its military forces in Syria. The Russian policy mirrors Washington’s own, but the Kremlin has never spoken so forcefully to reiterate that it will retaliate if its forces are attacked. However, the Russian policy only applies to...
Read More »IPA’s weekly links
Guest post by Jeff Mosenkis of Innovations for Poverty Action. A big thanks to all the folks who’ve donated to IPA’s anti-poverty work before the year end (you can also donate through Dean Karlan’s Facebook fundraiser through tomorrow, credit to his brave daughter on that one.) Thirteen prominent economists offer their favorite econ papers of the year, but the paper making a splash this week is from Melissa Dell and Pablo Querubin, comparing two approaches to combatting insurgency during...
Read More »IPA’s weekly links
Guest post by Jeff Mosenkis of Innovations for Poverty Action. A big thanks to all the folks who’ve donated to IPA’s anti-poverty work before the year end (you can also donate through Dean Karlan’s Facebook fundraiser through tomorrow, credit to his brave daughter on that one.) Thirteen prominent economists offer their favorite econ papers of the year, but the paper making a splash this week is from Melissa Dell and Pablo Querubin, comparing two approaches to combatting insurgency...
Read More »IPA’s weekly links
Guest post by Jeff Mosenkis of Innovations for Poverty Action. A big thanks to all the folks who’ve donated to IPA’s anti-poverty work before the year end (you can also donate through Dean Karlan’s Facebook fundraiser through tomorrow, credit to his brave daughter on that one.) Thirteen prominent economists offer their favorite econ papers of the year, but the paper making a splash this week is from Melissa Dell and Pablo Querubin, comparing two approaches to combatting insurgency during...
Read More »Lehman’s Aftershocks
Peter Praet's speech at the Money, Macro and Finance conference last week was a goldmine. I've already discussed the central bank credibility problem revealed by his final slide. But his presentation went far, far wider than central banks. It raised serious questions about the future of the global economy.This slide - the first in his presentation - shows that there have been three significant global shocks in the last decade, not one: The first, obviously, is the deep global recession...
Read More »Seeing through the smoke
The last week has been extraordinary, even by the standards of these extraordinary times. A flurry of Executive Orders from the new President of the United States has thrown the global order into chaos and sparked outrage throughout the world. But he has only done exactly what he said he would do. There is nothing in the Executive Orders signed so far that was not announced during the Presidential campaign, repeatedly and to loud cheers from his many supporters. The President was...
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