Israel

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The Most Essential Lesson Of History That No One Wants To Admit





"This small group of horrible people are willing to put the world on the line so their lineage can continue to rule the world while the rest of us struggle to simply stop the financial bleeding that has become a 15 year epidemic. This all sounds like the stuff of fiction novels but unfortunately the facts tell us this is all too real. What is hard for me to believe is that we so readily ignore and deny the most essential lessons of history. Perhaps the foremost being that the political class will always be willing to sacrifice the working class in order to retain its power."

 
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Massive Explosions Reported Following Israeli Aistrikes Near Syrian Capital





The last time Israel ignored Syrian sovereignty and attacked Bashar al Assad's nation without fear of reprisals was in the spring of 2013, when the US was eager to launch an all out war, and tear apart the last country that stood in the path of the Qatari natural gas pipeline to Europe. As a result of last minute Russian intervention, the war was avoided in the last summer, but not before Syria had declared Israel's attack An "Act Of War.' Moments ago, following a year and a half hiatus, Israel, which had not made many headlines on the geopolitical arena in recent months, launched another bomb raid on Syria, and as AP reports, Israeli warplanes carried out two airstrikes Sunday near Damascus, one near the city's international airport and a second outside a town close to the Lebanese border, Syria's state news agency said.

 
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Frontrunning: December 3





  • Fall of the Bond King: How Gross Lost Empire as Pimco Cracked (BBG)
  • Hong Kong 'Occupy' leaders surrender as pro-democracy protests appear to wither (Reuters)
  • Ashton Carter, Ex-Pentagon No. 2, Emerges as Obama Favorite for Defense Secretary (WSJ)
  • Oil, the Ruble and Putin Are All Headed for 63. A Russian Joke -- for the Moment (BBG)
  • New U.S. oil and gas well November permits tumble nearly 40 percent (Reuters)
  • Swedish government on brink of collapse (AJ)
  • China says Britain has no moral responsibility for Hong Kong (Reuters)
  • Indian Labs Deleted Test Results for U.S. Drugs, Documents Show (BBG)
 
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Russia's Patience Is Wearing Thin





With the western propaganda flying thick and heavy, it's more important than ever to cut through the chaff and learn what we can about the most important geopolitical realignment (and renewed tensions) in recent memory.

 
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3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?





Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and there are very serious warning signs coming from several other global economic powerhouses.

 
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Algos Sell The News, Then BTFD Following Much Anticipated Abe Snap Election Announcement





After weeks of relentless flashing red headline barrage whose only purpose was to force snap algo buying of the USDJPY pair time after time after time, Japan is once again out of FX algo danging carrots after moments ago Abe confirmed what everyone had known already: he called a snap election to seek a mandate for his decision to delay by 18 months a further sales-tax increase that had been planned for next year; he also said he would dissolve the lower house of parliament on Nov. 21 in preparation for an election in December, without specifying a date. Cited by the WSJ, Abe said "To ensure the success of Abenomics, I’ve concluded that it shouldn’t be carried out next October and instead be postponed by 18 months,” the prime minister told a nationally televised news conference, stressing that the additional tax burden would risk putting the economy back into deflation. “I will seek the people’s judgment over our economic policy."

 
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Glenn Greenwald On Hillary Clinton: "Soulless, Principle-Free, Power Hungry..."





"As a drearily soulless, principle-free, power-hungry veteran of DC’s game of thrones, she’s about as banal of an American politician as it gets."

 
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Axel Merk: Why The Swiss Should Vote "Yes" On The Gold Initiative





With gold already moving today on rumors of an increasingly positive tone towards Switzerland's referendum on the Gold Initiative, Axel Merk notes that it appears widely misunderstood and discusses implications for gold, the Swiss franc and Switzerland as a whole. "Gold is the people’s money, not the government’s money to splurge...gold is a store of value that ought to back the currency in circulation." Ultimately, people should never rely on their government to pursue a gold standard, but consider pursuing their own, personal gold standard.

 
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Inside The Mind Of An Oligarch – Sheldon Adelson Proclaims "I Don't Like Journalism"





while almost all oligarchs are extremely wealthy (or have access to extreme wealth), not all people with extreme wealth are oligarchs. The term oligarch is reserved for those with extreme wealth who also want to control the political process, policy levers and most other aspects of the lives of the citizenry in a top-down tyrannical and undemocratic manner. They think they know best about pretty much everything, and believe unelected technocrats who share their worldview should be empowered so that they can unilaterally make all of society’s important decisions. The unwashed masses (plebs) in their minds are unnecessary distractions who must to be told what to do. Useless eaters who need to be brainwashed into worshipping the oligarch mindset, or turned into apathetic automatons incapable or unwilling to engage in critical thought. Either outcome is equally acceptable and equally encouraged. These oligarchs and the centralized institutions they control pose the greatest threat to humanity at this time.

 
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Chaos In The Middle East, Paralysis In The West





"Weakness, indecision and unreliability are terrible characteristics in a dangerous world. Strength does not mean bombing everyone. It means having capabilities, choosing one’s spots, and doing what you say you will do." The West might be war-weary, but the jihadis and other combatants in the Middle East are just getting started.

 
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Putin Signs Secret Pact To Crush NATO





Back in September, there was a summit meeting in a city that involved an organization that most Americans have never heard of. Mainstream media coverage was all but nonexistent. The place was Dushanbe, the capital of Tajikistan, a country few Westerners could correctly place on a map. But you can bet your last ruble that Vladimir Putin knows exactly where Tajikistan is. Because the group that met there is the Russian president’s baby. It’s the Shanghai Cooperation Organization (SCO), consisting of six member states: Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. We should care what’s going on inside the SCO. Once India and Pakistan get in (and they will) and Iran follows shortly thereafter, it’ll be a geopolitical game changer.

 
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Frontrunning: November 6





  • LOL@Fundamentals: European Stocks Fall as Investors Seek Stimulus Clarity (BBG)
  • Obama, Republicans sound conciliatory note but battles loom (Reuters)
  • Firms drop Pimco funds from managed accounts (Reuters)
  • Not All QE Is Created Equal as U.S. Outpunches ECB-BOJ (BBG)
  • Ukraine Accuses Russia of Sending Troops as Truce Wobbles (BBG)
  • Lenovo Slumps After Projecting China ‘Hypergrowth’ to End (BBG)
  • Palo Alto Networks discovers new malware targeted at Apple devices (Reuters)
  • IPO That Brought In $1 Billion in March Implodes in Denmark (BBG)
 
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Only A Few Years Left Until The Nikkei Hits Dylan Grice's Price Target Of 63,000,000





"Japan is no Zimbabwe. Neither was Israel, yet from 1972 to 1987 its inflation averaged nearly 85%. As its CPI rose nearly 10,000 times, its stock market rose by a factor of 6,500 … Regular readers know that I don’t generally make forecasts, but that every now and then I do go out on a limb. This is one of those occasions. Mapping Israel’s experience onto Japan would take the Nikkei from its current 9,600 [as of October 2010] to 63,000,000. This is our 15-year price target." - Dylan Grice

 
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