The one thing that Jordan can't do in this war is appear to be weak.
Obama KNEW Drone Strikes Were Counter-Productive, But Did It ANYWAY
The oil price drop is a big problem - not just for Russia, or for the other over-levered emerging market currencies that stand to be traumatized by a rising dollar, but ultimately even for the US itself
Greenspan was criticized by some for keeping the loose monetary policy far too long leading to the housing bubble. Chairwoman Yellen would be prudent to learn from history and not to repeat the similar missteps.
Russia supplies China with hi-tech military hardware. Russia has negotiated two major natural gas deals with China in the last year. China expects to double its gas usage by 2030. From a Chinese point of view, it is certainly expedient to keep Russia on its side.
Some scary shite...
"My name is Jasmine and I support President Obama's move to give affordable auto insurance for everyone."
Deflation and the attendant risks caused by a sudden revelation about hidden debts will remain the chief concern for investors and policy makers in 2015
from Artemis to Halides.
The financial media is euphoric because stocks are rallying. But stocks are ALWAYS the last to “GET IT.” The currency markets (which trade $5 trillion per day) realize that something MASSIVE is underway. And it’s only just beginning.
What does the fed have in it's crystal ball? And where do we go from here.
What Americans STILL Don't Know…
The fall of the rouble this year has been severe, with a 50 percent fall against the dollar and of course gold this year. The slide has been precipitous as in the past two days alone, it fell about 20 percent against the dollar and gold.
On Monday, the ruble fell 10% against the dollar and gold followed by another crash of 11% on Tuesday, despite a massive rate hike.
Look what fell down the chimney...
Regardless what happens with the U.S. Shale, the Cartel is always going to be worse off by not agreeing to production cuts.