The True Story Of How War Broke Out In Syria

...The CIA agents running the Deraa operation from their office in Jordan had already provided the weapons and cash needed to fuel the flames of revolution in Syria.   With enough money and weapons, you can start a revolution anywhere in the world. In reality, the uprising in Deraa in March 2011 was not fueled by graffiti written by teenagers, and there were no disgruntled parents demanding their children to be freed.    This was part of the Hollywood style script written by skilled CIA agents, who had been given a mission: to destroy Syria for the purpose of regime change.  Deraa was only Act 1: Scene 1.

A Post Western World? A Disturbing Interview With Prof. Harry Redner - Part 2

The political and economic issues broadly discussed in the media usually revolve around political cycles, terrorism, foreign policy, rising debt levels, sluggish economic performance, academic underachievement, environmental problems, ageing demographics and so forth. In our view, this all ties into a major cycle of history that has been with us for some time, and which has been gaining traction since the 1990s: the end of "Western Civilization" and the transition towards a globalized society.

Democrats Brace For More Leaks As Pelosi Changes Cell Number After Barrage Of "Obscene, Sick Calls"

Following the Friday night dump of Democratic files released by the hacker Guccifer 2.0, House Minority Leader Nancy Pelosi said that after receiving "scores of mostly obscene and sick calls, voicemails and text messages", she  she was forced to change her number.  Pelosi added that she was on a flight to from Florida to California when the information was released, and received the unwanted messages upon landing.


China Bond Yields Drop To Decade Lows As Economy Sinks After New Loan Creation Tumbles

Following an unprecedented credit expansion by China, which in the first few months of 2016 injected well over a trillion dollars in total credit, the payback - as previewed here - is coming. As reported earlier, overnight China reported that a swath economic activity, from factory output to investment and retail sales, slowed last month, reflecting renewed weakness in China’s economy, resulting in10Y bond yields dropping to near all time lows.

Frontrunning: August 12

  • Stocks Hit New Highs, and That Could Be Just the Start (WSJ)
  • China Slows as Stimulus Impact Wanes (WSJ)
  • How the China Shock, Deep and Swift, Spurred the Rise of Trump (WSJ)
  • Italian Economy Unexpectedly Stagnates in Threat to Renzi (BBG)
  • Clinton disparages Trump's economic plan, vows to help workers (Reuters)

Futures Rise, Global Stocks Flat After Ugly Chinese Economic Data

One day after all three US indexes hit record highs for the first time since December 31, 1999, US equity index futures, European stocks and Asian equities are little changed after the Nikkei jumped on the back of a Yen weakness, while China reported disappointing economic data and the PBOC suggested that the flood of new debt is slowing which pushed Chinese stocks higher by 1.6% on hopes of more stimulus.

US Futures Flat; Bonds Rise, Dollar And Oil Slide Over US Productivity Collapse Fears

Following yesterday's muted action which saw the S&P500 close unchanged, it has been more of the same listless trading overnight, with US equity index futures little changed as the Nikkei fell on the back of a stronger Yen, while government bonds rose and European stocks reversed early gains following the BOE failed bond monetization operation. Crude oil dropped for a second day after Saudi Arabia told OPEC that it pumped a record 10.67 million barrels of oil a day,

Preview Of Key Events In The Coming Week

The coming week brings multiple macro data releases for July, including inflation, trade data, retail sales, IP, credit and money supply. A relatively light US data calendar next week with retail sales the main release on Friday but also import and producer prices and Michigan sentiment coming up. Retail sales will be closely watched to assess consumer spending growth for 3Q.

Frontrunning: August 8

  • Global stocks, dollar gain as payrolls fuel risk-on trades (Reuters)
  • Suicide bomber kills at least 50 at Pakistan hospital (Reuters)
  • Waiting Forever for Fed Model Bull Case on Stocks to Come True (BBG)
  • Oil Rises Despite Supply Glut (WSJ)
  • Fed's Powell urges patience on U.S. rates, citing growth risks (Reuters)
  • Trump to Propose Moratorium on New Financial Regulations (BBG)

America's Dangerous Game Of Intrigue Inside International Organizations

There is a bull in the china shop of international diplomacy and it wears the ugly and discredited attire of Uncle Sam. The Obama administration has decided that the halls, offices, and conference rooms of international organizations are acceptable battlefields to wage propaganda and sanctions wars.