New Normal

The Hidden Motives Of The Chinese Silk Road

Chinese President Xi Jinping suggested that “what we hope to create is a big family of harmonious co-existence.” But India, an emerging economy that shares a contested border with China, worries about containment and new pathways for aggression from Pakistan...

Coming Apart: The Imperial City At The Brink

"...here in the imperial city in Washington DC, is that it is absolutely hollowed out... it is incapable of offering anything to its own people, the American people ... I think we have reached a point where there is no possibility of revival within the current system that exists. The current system is set upon ... is determined to eat itself out in a kind of civil war that is coming, and at the end of that, it will be done, will be finished..."

A New Chinese Threat Emerges: Net Bond Issuance Crashes Most On Record

China just suffered a record collapse in net corporate bond financing, the latest and far more "tangible" threat to China's debt-fuelled economy. In May a quarter trillion yuan in corporate bonds matured, or were repaid, or defaulted, resulting in the biggest corporate debt drain in history.

Bill Gross: "All Markets Are Increasingly At Risk"

"You have the potential for low asset returns in which the now successful strategy of “making money with money” is seriously threatened. How soon this takes place is of course the investor’s dilemma, and the policymakers’ conundrum. But don’t be mesmerized by the blue skies created by central bank QE and near perpetually low interest rates. All markets are increasingly at risk."

Bill Blain: "Forget 'Super Thursday', Today Is About Central Banks"

"Despite the noise about tighter policy, the reality is global recovery remains lethargic and thin. It’s easy to argue the new normal economic reality does not require aggressive monetary policy – low rates and low inflation for ever! Today we have the Fed and the ECB in the frame. Both are likely to defuse their respective ticking taper/tightening bombs."

Accept Islamic Terror As The New Normal?

"It did not take long for the Islamic doctrine of Targhib wal Tarhib to work on the psyche of Western leaders and media, who are now telling us to live with it as the "new normal." Islam counts on turning everyone into "moderate" Muslims who will eventually look the other way when terror happens to the person next to you."