Trade Wars Are a Fool’s Game
Eric MARGOLIS According to the great military thinker, Maj. Gen. J.F.C. Fuller, ‘the object of war is not victory. It is to achieve political goals.’ Too bad President Donald Trump does not read books. He has started […]
Eric MARGOLIS According to the great military thinker, Maj. Gen. J.F.C. Fuller, ‘the object of war is not victory. It is to achieve political goals.’ Too bad President Donald Trump does not read books. He has started […]
By Nick Cunningham The Trump administration is scrambling to repair its relationship in farm country, which has long been a faithful political constituency of the President. But after being hit on multiple fronts by Trump administration […]
by Tyler Durden Yesterday, after countless demands that the Fed cut interest rates, Trump finally made his first, long anticipated formal demand that the Fed should pursue “some quantitative easing“: Donald J. Trump ✔@realDonaldTrump · Aug 19, […]
by Tyler Durden After the most harrowing week for both stock and bond markets of 2019, expectations for a quiet, mid-summer week will be quashed and gyrations in both rates and risk assets will continue with […]
August 5, 2019 by Michael Snyder When will Americans start to wake up and realize what is happening? At the end of last week, President Trump announced that the U.S. would be imposing a 10 percent tariff […]
“American exceptionalism has led to a country that is exceptionally un-self-aware.” — Peter Thiel The economic contraction ahead will put this borderline psychotic country through some interesting ch-ch-ch-changes. Mr. Trump now fully owns the Potemkin status […]
by Michael Hudson, posted by special permission on the Saker blog * Keynote Paper delivered at the 14th Forum of the World Association for Political Economy, July 21, 2019. Today’s world is at war on […]
Crescat Capital Quarterly Investor Letter Q2 Kevin Ludolph We believe there is an opportunity to capitalize on a material downturn in the business cycle based on the composite of timing and imbalance indicators in Crescat’s […]
This is the fantasy: we can rebuild our entire global industrial society every generation or two forever. “Earthrise” is one of the most influential photographs ever published. Taken on the Apollo 8 mission in late December […]
BY JOHN RUBINO Not so long ago, Europe seemed to have its financial house more-or-less in order. German government spending was actually falling. Industries that had been nationalized in the socialist 70s were being privatized. The […]
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