As the world is seemingly preparing for a third world war between NATO and the growing Eastern bloc, we are witnessing the strengthening of alliances as well as the switching of some very strategic ones. One can only hope that as alliances switch and strengthen, the balance of power could shift just enough to prevent the powers-that-be from launching this disastrous war in the first place.
Former Israeli defense minister Moshe Ya’alon said the Islamic State in the Syrian Golan Heights “apologized” for attacking an Israeli unit last November: "There was one case recently where Daesh opened fire and apologized,” Ya’alon said.
We recently wrote about a small $100,000 trade of cheese and butter, and how this one trade changed 400 years of history in just four hours... While the trade was small, it was big for the $7 trillion trade finance industry.
When the U.S. Marines and Allied forces stormed the beaches of Normandy in June 1944 over 200,000 Allied forces lost their lives in a matter of weeks. Now, courtesy of some futuristic military technology, "storming a beach" can be done from a completely remote location with some machine-gun wielding robots
"Denial is an extremely powerful thing, and tens of millions of Democrats were completely bamboozled by Obama due to their personal obsession with the man. This is precisely why cult of personality worship is so dangerous and counterproductive when it comes to politics."
The latest annual survey of the best and worst jobs in the country has again found that being a newspaper reporter (blogger may or may not fall under the umbrella) is the worst career one can be pursue.
On both sides of the Atlantic the revolt had been unleashed! Ordinary citizens demanding to claw back power from the Davos class were on the march! What began in 2016 would surely continue in 2017. Except it didn’t...
After what has been the slowest of slow-motion train wrecks, Puerto Rico’s federal overseers have finally taken the inevitable first step toward considering the use of bankruptcy-ish proceedings, known as Title III, to allow the island to escape it's $70 billion debt burden.
US troops and armored vehicles have been deploying along the Syrian-Turkish border, days after a Turkish airstrike killed 20 U.S.-backed Kurdish fighters. The US involvement is meant to send "a message of reassurance for the Kurds and almost a warning message." It also may lead to military conflict between the US and Turkey.
"The thing that people, I think, don’t appreciate right now is that they are already a cyborg. You’re already a different creature than you would have been twenty years ago, or even ten years ago. You’re already a different creature."
For the past two days everyone has been trying to figure out the reasoning behind Trump's latest flip-flop on NAFTA. Speculation and rumors have focused on two last-minute, very convincing calls made directly to Trump from Mexican President Pena Nieto and Canadian Prime Minister Justin Trudeau. But, a new revelation from the Wall Street Journal seems to suggest that former Goldmanites Gary Cohn and Steve Mnuchin, the globalist faction of Trump's White House, have been pulling the strings on trade behind the scenes from day 1.
So, here we are at the end of the first 100-days, with little progress being made toward the things that count the most with investors. With asset prices currently priced for perfection, the real risk is that of “disappointment.” It will likely pay to “err to the side of caution” for now as the risk is clearly tilted against reward for now.
Wall Streeters have the Fed standing behind them... promising to catch them if they fall and giving them privileged information. But who do Americans have looking out for them? Apparently, nobody but themselves!