Paul Craig Roberts: Why World War III Is On The Horizon
Submitted by Tyler Durden on 12/29/2015 - 22:30
At this point in time, nuclear war can only be avoided in two ways. One way is for Russia and China to surrender and accept Washington’s hegemony. The other way is for an independent leader in Germany, the UK, or France to rise to office and withdraw from NATO. That would begin a stampede to leave NATO, which is Washington’s prime tool for causing conflict with Russia and, thereby, is the most dangerous force on earth to every European country and to the entire world. If NATO continues to exist, NATO together with the neoconservative ideology of American hegemony will make nuclear war inevitable.
How The U.S. Dollar Spread Across The World
Submitted by Tyler Durden on 12/29/2015 - 22:00
The U.S. dollar is currently accepted as the world’s reserve currency, but it hasn't always been this way...
The "Perks" Of Being An ISIS Jihadist
Submitted by Tyler Durden on 12/29/2015 - 21:30
In addition to receiving a salary and a constant stream of weapons courtesy of regional Sunni benefactors, and on top of being allowed to live in a perpetual state of dark, bacchanalian revelry, Islamic State soldiers also recieve 20% of the "loot" in captured territory and belong to a kind of militant Sam's Club which guarantees a 50% discount on a variety of fun items.
Guest Post: Is The West Disintegrating?
Submitted by Tyler Durden on 12/29/2015 - 21:00
The movement toward deeper European integration appears to have halted, and gone into reverse, as the EU seems to be unraveling along ideological, national, tribal and historic lines. If these trends continue, and they seem to have accelerated in 2015, the idea of a United States of Europe dies, and with it the EU. And this raises a question about the most successful economic and political union in history - the USA.
With Stock At 15-Year Low, Freeport Co-Founder Walks Away With $80 Million Golden Parachute
Submitted by Tyler Durden on 12/29/2015 - 20:30
"On one occasion, he told shareholders worried about the prospects of a gas well that they needed only to 'Trust Jim Bob'"...
Iran Fires Rockets 1,500 Yards Away From A US Aircraft Carrier
Submitted by Tyler Durden on 12/29/2015 - 20:00
As we recently reported, the US aircraft carrier USS Harry S Truman had made its way through The Mediterranean Sea, launchiung airstrikes on Syria and Iraq on its way. While the proximity of so many vessels, fighter jets, coasts, friends, enemies, and frenemies was always precarious, NBC News reports that the carrier came within 1500 yards of an Iranian rocket fired in a live-fire exercise in the Straits of Hormuz last week. US officials said this was "unnecessarily provocative and unsafe" from Obama's nuclear-deal partners.
The Rising Threats To Our Health
Submitted by Tyler Durden on 12/29/2015 - 19:30
Though evidence of a looming global healthcare crisis is plainly visible, few seem to realize the consequences will be catastrophic to individuals, households and national economies.
Why Energy Investors Are Hoping Saudi Arabia And Iran's Oil Price Forecasts Are Dead Wrong
Submitted by Tyler Durden on 12/29/2015 - 18:57
"At current prices we estimate that valuations for the oil and gas group reflect an implied Brent crude oil price in the range of $65-70/bbl while natural gas leveraged companies reflect a Henry Hub natural gas price in the range of $3.00/Mcf."
The Russian Economy Is Cracking, "Social Unrest" Coming In "A Few Months", Official Warns
Submitted by Tyler Durden on 12/29/2015 - 18:00
As the ruble plunges to record lows against the dollar, we take a close look at the outlook for inflation and GDP growth in 2016 in the context of The Kremlin's budget, which assumes $50/bbl crude. We also ask whether the deficit - expected to balloon to 4.4% of GDP in the event oil hovers around $35/bbl - will grow as a result of a planned bailout for insolvent state lender VEB.
Asia's Largest Commodity Trader Was Just Downgraded To Junk: Collateral Calls Next?
Submitted by Tyler Durden on 12/29/2015 - 17:52
"Moody's downgrades Noble Group to Ba1; outlook negative.... "The downgrade of Noble's ratings reflects Moody's concerns over the company's liquidity," says Joe Morrison, a Moody's Vice President and Senior Credit Officer. The Ba1 ratings also reflect low levels of profitability and consistent negative free cash flow from core operating activities, which exclude proceeds from asset sales."
This May Be The Greatest "Explanation" Ever For Cooking The Company's Books
Submitted by Tyler Durden on 12/29/2015 - 17:40
"... On 12 December 2015, the Company was notified by the local public security bureau that the Truck was found but not the Lost Documents. As at the date of this announcement, although the possibility of finding the Lost Documents is not high, the Group has nonetheless deployed all possible resources in search of the Lost Documents."
Santelli Thanks Plunge Protection Team As Bond Bloodbath Sparks Buying Frenzy In Stocks & Commodities
Submitted by Tyler Durden on 12/29/2015 - 17:34
California Politicians Could Soon Be Forced To Wear Logos Of Top Corporate Donors
Submitted by Tyler Durden on 12/29/2015 - 17:30
In the next week, a potential ballot measure, submitted to the Office of the Attorney General in October, is expected to receive title and summary for the 2016 election, meaning its advocates will be able to collect signatures in order to secure its official place on the ballot. The proposed law would require legislators and candidates to sport the emblems of groups that donate money to their campaigns.
WTI Slides After API Reports Surprisingly Large Inventory Build
Submitted by Tyler Durden on 12/29/2015 - 16:40
Following last week's huge 5.9mm draw (as entirely expected this time of year given window-dressing) expectations were for a 2.5mm barrel draw this week from DOE. However, API reported a major surprise 2.9mm barrel build, bring December's total to just 1.7mm drawdown (against a 5.5mm average draw in December). This is massively worse than expected given the seasonals (along with a 923k build at Cushing) and while WTI has oscillated up and down around $38 since the API/DOE build 2 weeks ago, it is fading on this data.
This Is The "Big Weather Pattern Change" That Is Sparking The Massive NatGas Rally
Submitted by Tyler Durden on 12/29/2015 - 16:40
