Ever wondered where the United States imports its oil from? Howmuch.net came out with some infographics to show that from 2000 to 2015. What we would highlight here is the notable shift from the U.S. depending heavily on Middle East countries and Mexico, to depending more on America's neighbor to the north, Canada.
Putin may top the enemies list of the Beltway establishment, but we should try to see the world from his point of view. Did we not ourselves slap aside the hand of Russian friendship, when proffered, when we chose to embrace our “unipolar moment,” to play the “great game” of empire and seek “benevolent global hegemony”? If there is a second Cold War, did Russia really start it?
EU Plans $290K Per Person Fine For Countries Refusing "Fair Share" Of Refugees; Angry Response EnsuesSubmitted by Tyler Durden on 05/04/2016 - 21:15
The European Commission plans fines of $290,000 per person on countries refusing to take in their fair share of refugees. This plan is aimed straight at Poland, Slovokia, Hungary, the Czech Republic, and Austria. Sure enough, those countries promptly lashed out at the European Commission's proposal, blasting the plan as “blackmail.”
"I don't know how else to say it: The whole world is counting on us to win this thing. And we owe it to them to step up..."
All of the blather about free trade and tariff reduction is mere cover for the only purpose of TTIP, which is to establish American economic imperialism over the peoples whose governments sold them out for money.
Instead of criticizing Trump for his misguided advocacy of tariffs as a panacea, we should at least give him credit for recognizing a serious problem that so many others ignore. The real criticism should be directed at those who would allow America to continue down this self-destructive path.
Yes, everyone knows the recent global trade deterioration it is the result of major economic problems in China which have depressed Asian trade with North America, but we doubt anyone knew just how bad it was. According to IATA, the latest available data by route show that air freight volumes across the Pacific – the largest market in terms of air freight tonne kilometres (FTKs) – were almost 15% lower during the start of this year compared to the same period in 2015.
Irrespective of what you think of Trump, his continued survival in the Presidential circus is undoubtably good. Not because he’s some sort of savior who will “Make America Great Again,” but because he’s bringing up issues he’s not supposed to bring up. At the end of the day, it’s not the actions of any particular individual that instills true fear in the U.S. establishment and deep state government. What really scares them is a population capable of critical thought beyond false left-right paradigm talking points...
Financial privacy is by far the most demonized aspect of privacy. This is a huge clue. Governments wouldn’t hate financial privacy so much if it weren’t so important to individual liberty. Politicians around the world see citizens as milk cows…they merely exist to be squeezed to the last drop. We call it “the new feudalism.” A world without privacy is a giant step backward for human freedom. It’s the new Dark Ages that George Orwell grimly predicted.
"My conjecture is that investors have begun to price out June/July hiking risk they are beginning to reject the view that there is a high?probability fed funds path that is as shallow as the market is pricing in. Before you get to negative rates you would have the hail Mary of QE4 which would act mainly to push down long term yields. In the past the prospect of QE supported equity markets, but there is so much skepticism at this point that the equity market reaction is negligible and the brunt of the concerns are falling on USD and long?term yields."
"Freedom isn't free," you'll be told, but this isn't in reference to the enormous tax bill you're paying every year. No, this slogan is actually a veiled threat against you and a claim that however much you're paying now in terms of dollars or personal freedom, you should be ready and willing to give even more.
Following the denial in February that this action is in any way about reducing cash, Mario Draghi has made his decision: ECB ENDS PRODUCTION AND ISSUANCE OF €500 BANKNOTE. And just like that the second highest denominated European bank note in circulation is dead, driving everyone into the CHF1000 Bill, and implicitly weakening the euro.
"...we are not passive observers, we consistently take all the military measures we consider necessary in order to counterbalance this reinforced presence that is not justified by anything. Certainly we'll respond totally asymmetrically."
There’s something about being insanely rich that people will believe every word that comes out of your mouth no matter how bizarre. As one of the richest men in the world, Warren Buffett’s opinions carry almost Biblical impact, even when they might be completely ridiculous.