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Collapse Of The Western Financial System Looms As A "Strategic" Russian...
Authored by Pepe Escobar, originally posted Op-Ed at RT.com,History may eventually decide the ‘New World Order’ started on September 28, when Russian President Vladimir Putin and US President Barack...
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Did The United Nations Just Call For The Decriminalization Of All Drugs?
Submitted by Carey Welder via TheAntiMedia.org,News circulated Monday morning that the United Nations had officially called for the decriminalization of all drugs in a brief, two-page report. Richard...
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Draghi "MOAR QE Please" Press Conference - Live Feed
Update: Draghi hints at December QE expansion, noting that "the degree of monetary policy accommodation will need to be re-examined at our December monetary policy meeting." DRAGHI SEES DOWNSIDE RISKS...
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CEO Of Europe's Largest Zinc Producer Hints At Default: Bonds Hit Record...
It had been a while since we had any major news involving the ongoing devastation in the global mining sector courtesy of China, where as we previously reported more than half of the local commodity...
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Weekend Reading: Compelling Intellection
Submitted by Lance Roberts via STA Wealth Management,Wednesday, October 21st, marked the date in the future that Martin McFly visited in the second "Back To The Future" film. One thing is for certain,...
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Schadenfreude - How The US Is Helping China Create A New Financial Order
Submitted by Jeff Thomas via InternationalMan.com,Here we have an image of a Chinese banknote, featuring Chairman Mao, followed by a seemingly incongruous German word - schadenfreude. Is there an error...
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As China 'Buys Low' To Build SPR, Washington Forced To Sell Strategic Crude...
The signs of regime change are everywhere. From embarrassment by Russia's success in Syria to China's creation of its own 'World Bank' and SWIFT alternative, the trend of de-empirization are growing,...
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Who's Really Isolated? Iran Set To Join BRICS Bank, Strengthen Ties With Brazil
As US hegemony wanes in the face of dysfunctional domestic politics, foreign policy confusion, and a “lead from behind” mentality, the world has begun to transition towards a kind of new world order...
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"Everything We Know" About Russian Intervention In Syria: The Infographic
Over the course of the past four weeks, Russia has captured the world’s attention with Moscow’s “unexpected” intervention in Syria’s protracted civil war. While it wasn’t difficult to predict some...
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And Now Trucking is Suddenly Slowing Down
This comes at the totally wrong time. Trucking had been booming. 2014 had been a banner year. Capacity was squeezed, and rates were rising, so trucking companies went on a buying binge, ordering...
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Why The Friedman/Bernanke Thesis About The Great Depression Was Dead Wrong
Submitted by David Stockman via Contra Corner blog,In explaining to the FT’s Martin Wolf why he bailed out the Wall Street gamblers at Goldman Sachs and Morgan Stanley while crushing millions of...
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Goldman 'Explains' This Is Not A "Low Quality" Rally, It Is "Macro-Free" - So...
It appears even Goldman Sachs was surprised by the recent rally in US equities - especially in light of the explicit hawkishness of The Fed yesterday. In a trading note this morning, the bank says that...
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Another Black Swan? Turkey Holds Snap Elections Amid NATO-Backed Civil War
There’s a potential black swan event taking place in Turkey on Sunday and no one seems to care. That is, the media isn’t devoting nearly enough coverage to Turkish elections considering the impact the...
View ArticleFrontrunning: November 6
Dollar at three-month high as payrolls paralysis sets in (Reuters)5 Things to Watch in the October Jobs Report (WSJ)China to Lift Ban on IPOs (WSJ)ArcelorMittal Is Latest Victim of China's Steel-Export...
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Portuguese Government Falls As Socialists, Communists Topple PM
Well it wasn't hard to see this coming. As detailed here on Tuesday, Antonio Costa and the Socialists have fulfilled their promise of ousting Portuguese PM Pedro Passos Coelho's government just days...
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The Stench Of Freddie Mac Is Back - An $18 Billion Spree Of Crony Capitalist...
Submitted by David Stockman via Contra Corner blog,Washington’s capacity to foster crony capitalist larceny and corruption never ceases to amaze.But according to Bloomberg, Wall Street’s shameless...
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The Recessions Are Underway
Submitted by Andrew Zaitlin of Moneyball Economics"People's confidence that the consumer can somehow offset this industrial recession that we've had is really being shaken to the core with the...
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Major Market Index Fails Key Test
Via Dan Lyons' Tumblr,The blue chip Major Market Index failed to recapture a key breakdown level.This post is about 2 weeks late, but still very pertinent in its message. We’ve written about the Major...
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Mali Hostage Situation Over; 27 People Reported Dead, 2 Gunmen Killed
The Hostage situation is now over according to AFP. Here is the latest news from Reuters:At least 27 people were reported dead on Friday after Malian commandos stormed a luxury hotel in the capital...
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Puerto Rico Faces "Public Unrest" As Cash Crunch May Leave Government Workers...
Heavily indebted Puerto Rico was due to meet with representatives of its creditors on Friday in a desperate attempt to forge ahead with a plan to restructure some $72 billion in debt. No offer is...
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