‘Super Mario’, the European Central Bank’s monetary magician, disappointed markets yesterday as continuing and unprecedented monetary easing failed to prevent a sharp sell-off in stock and bond markets which has continued today. There are sharp losses on financial markets after…
For all its failings, one thing the U.S. government has achieved in Afghanistan is a tremendous enrichment of military contractors and warlords on behalf of the American taxpayer. Of course, today’s story is only the latest in a series of stories related…
We discuss the flying toilet that is Wall Street where rather than have their bad debts stink up their own backyard, bankers package the toxic garbage (or ‘sacks of bleep’ as Goldman Sachs called it) into derivatives which are hurled…
We know two things about housing bubbles: they always pop, with devastating consequences, and apologists and pundits always deny housing is in a bubble.And so it is no surprise that here we are in Housing Bubble 2, the second housing…
Britain is continuing to debate its role and its participation within the European Union in preparation for a major vote on whether to leave the union altogether. There are indications that the referendum – known as Brexit – is likely…
The Iraq War will go down as the single greatest foreign policy blunder in U.S. history. It is simply the unmitigated disaster that keeps on giving. To recap, the people who the U.S. government supposedly “liberated,” now hate Americans so much…
In short, the violent dysfunction there is a direct result of the orchestrated efforts of Western powers.
Is it any surprise that, as a result, we may suffer blowback from the consequences?
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What do we mean when we say the U.S. economy is at stall speed? Stall speed refers to the air speed and angle of the wing (called the angle of attack) needed to keep an aircraft aloft. “An aircraft flying at…
Editors Note: With the New York Times once again trying to convince us that the Gold Standard is a barbarous relic from the past (see below), we are happy to publish an interesting and informative piece by one of our…
So what do you do when you’re a barbaric monarchy with a justice system remarkably similar to ISIS, but at the same time want to remain very close ally of the U.S. government? You create a sophisticated propaganda network, naturally… Read the rest here.
We discuss MOAR war as stock prices soar for defense contractors and the CIA gets involved in environmental activism as we sacrifice our freedoms so that nobody has reason to hate us while we play naked Twister. In the second…