by Tyler Durden By Michael Every of Rabobank The official US presidential transition process has belatedly begun, in part, and the key slots in the provisional Biden administration are now being filled: this is despite sustained […]
Submitted by cpowell on Fri, 2020-07-24 04:54. Section: Daily Dispatches By Karen Yeung South China Morning Post, Hong Kong Friday, July 24, 2020 With the United States expected to double down on its fiscal stimulus measures to […]
by Michael Snyder This week, the U.S. national debt reached the 23 trillion dollar mark for the first time ever. There was no fanfare, there were no politicians giving speeches about fiscal responsibility, and there has […]
Gary Galles Seeing the Democrat debates has reminded Americans just how much of campaigning is promising something-for-next-to-nothing in attempts to buy electoral support. But when you think about historic Democrat bragging points, like Social Security […]
By Sergio Weigel for the Saker blog Everybody understands the importance of the dollar system as the Achilles heel for the US empire yet oddly, when analysing imperial action of Warshington of the last decades, the […]
By Greg Hunter’s USAWatchdog.com Financial writer and precious metals expert Craig Hemke says nobody should be comfortable with unpayable global debt that has piled up since the 2008 financial meltdown. A debt reset is locked in, […]
By David Stockman. Posted On Monday, April 16th, 2018 When the Cold War officially ended in 1991, Washington could have pivoted back to the pre-1914 status quo ante. That is, to a national security policy […]
BY JAMES RICKARDS Somebody exploded an H-bomb last week, and it wasn’t North Korea. It was the U.S. This was not a kinetic H-bomb, the kind that leaves a mushroom cloud. It was a financial H-bomb. […]
by Wolf Richter The economy depends on them, but they’re cracking. American consumers are holding $1 trillion in revolving credit, mostly in credit card debt. So how well is this segment of consumer debt holding […]
ALASDAIR MACLEOD In last week’s Insight article, America’s Financial War Strategy, I described how the Chinese government viewed the geopolitical scene. It is clear from earlier remarks by the Peoples Liberation Army’s senior strategist, Major-General […]
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