By Zine Larbaoui Guatemala, the Congo, the Dominican Republic, Vietnam, Brazil, Chile, and Iran … These seven countries have in common seeing their government overthrown during the second half of the twentieth century by coups […]
By John Feffer U.S. troops have left Iraq and are leaving Afghanistan. The “war on terrorism” now seems so last decade. U.S. military spending has leveled off, and the Pentagon is looking at some fairly […]
It is truly astonishing how much trust people have in the establishment. Almost everyone believes that central planners are focused on defending the best outcome for society. In the same respect, almost everyone nowadays believes that […]
By The Automatic Earth Harris & Ewing Sandwich vendor, Washington DC 1919 In essence, it’s really simple. We’ve seen over the last few days that the European Union is a federation of sovereign countries whose […]
By Tyler Durden Back in mid-March, there was a brief scare after the start of the Ukraine conflict, when Fed custody holdings plunged by a record $104.5 billion (if promptly bouncing back the following week), […]
By John Rubino This morning’s housing report was huge. As one representative headline put it: “Housing starts up sharply; permits highest since 2008″. Dig just a little deeper and it’s still huge, though in a […]
By Greg Hunter’s USAWatchdog.com In his latest article, former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “The Fed is the great deceiver.” Why is he making this shocking accusation? The reason is tiny Belgium’s […]
By The Automatic Earth Arthur Siegel Farmhands drinking beer, Jackson, Michigan Fall 1941 It’s a fun day in finance so far today. Eurozone growth is not going anywhere, but there’s no lack of positive anticipations […]
The critical 40% income-to-food threshold by Chris Martenson As we observe the growing unrest in Ukraine, there is the usual rush to ascribe a cause. Was it meddling by the West? Russia? Was it corruption […]
By John Rubino Not so long ago, a reasonably-presentable American could live an hour outside of a city and commute in for a government or banking job, thus getting the best of both worlds: city-level […]
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