• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

Poland

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Buchanan: If There's A 2nd Cold War, Did Russia Really Start It?





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?

 
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EU Plans $290K Per Person Fine For Countries Refusing "Fair Share" Of Refugees; Angry Response Ensues





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.”

 
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"Nothing Has Been Fixed" - Citi's Five Reasons Why This Sucker Is Going Down





"none of the structural headwinds that seem to have plagued the global economy in recent years (a mix of excessive indebtedness, deteriorating demographics, rising political uncertainty as well as the end of the China growth miracle and the commodity supercycle) have been resolved."

 
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NATO Deploys 4000 Troops To Russian Border As EUCOM Chief Urges "Return To War-Planning"





With anti-establishmentarians on the rise in the US, it appears the neocons and their NATO proxy aren't wasting any time and are stepping up not just the words, but their deeds, against a so-called "resurgent Russia." NATO's European Command (EUCOM) "needs to change," blasts General Philip Breedlove, urging the military to get back to the business of war planning, a skill lost during the post-Cold War era saying his objective is to send a signal of deterrence to Russia. That signal was heard loud and clear as NATO is deploying an additional four battalions of 4,000 troops to the Russian border in Poland and the three Baltic States, according to a report citing US Deputy Secretary of Defense Robert Work.

 
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Leaked Docs Reveal TTIP Trade Deal In Jeopardy As "Irreconcilable Differences" Emerge





According to leaked negotiating drafts and internal positions, which were obtained by Greenpeace and seen by the Guardian, it seems the stumbling blocks ahead of the TTIP's implementation are indeed substantial, and potentially dealbreaking. As the Guardian reports, talks for a free trade deal between Europe and the US face a serious impasse with "irreconcilable" differences in some areas.  The leaked texts also show that the two sides are at odds "over US demands that would require the EU to break promises it has made on environmental protection."

 
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The US Endgame? Creating A Climate That "Could Easily Be Transformed Into War"





Akin to ancient Rome, the United States has over-extended herself. She has created a climate that could easily be transformed into a war on a slight pretext. Wars, as it is well known are also a means a nation can extricate itself from debt and financial responsibility. The dying Petrodollar system has been on life support for some time, and it appears other nations such as the BRIC’s are taking the initiative to return to a true monetary standard. This is the same gold and silver standard that the U.S. should never have left in the first place.

 
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USDJPY Plunges As Dollar Drops To 11 Month Lows, Commodities Rise





Following yesterday's Yen surge in the aftermath of the disappointing BOJ announcement, the pain for USDJPY long continued, with the key carry pair tumbling as low as 106, the lowest level since October 2014 before stabilizing around 107, and is now headed for its biggest weekly gain since 2008, which in turn has pushed the US dollar to to its lowest close in almost a year as signs of slowing growth in the U.S. dimmed prospects for a Federal Reserve interest-rate increase. As a result, global stocks fell and commodities extended gains in their best month since 2010.

 
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For The First Time US Deploys Two F-22 Raptors Close To Russia To "Deter Aggression"





Two American F-22 Raptor 5G stealth fighter jets and a refueling aircraft have been deployed to an airfield in Romania as manifestation of NATO’s support to its Eastern European members against Russian aggression. “For the first time in Romania, the next-generation combat aircraft F-22 Raptor, part of the US Air Force Europe mission, arrived today at Mihail Kogalniceanu military base,” the US Embassy said on its Facebook page Monday.

 
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Russia Threatens U.S., Will Respond With "All Necessary Means" To Any NATO Intimidation Attempts





If anyone was expecting Russia to politely apologize to the U.S. for last week's two "flybys", they would be drastically disappointed, because as Reuters reported overnight, it was Russia who accused the United States on Wednesday of intimidation by sailing a U.S. naval destroyer close to Russia's border in the Baltics and warned that the Russian military would respond with "all necessary measures" to any future incidents.

 
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$530 Billion Over Ten Years - How The End Of Border-less Travel Threatens Europe's Economy





In an effort to slow Syrian, Afghan, and Iraqi migrants traveling to Europe, many countries are now implementing border controls, a decision that could prove to have significant negative consequences for Europe's economy. As Bloomberg notes, the open border economy supports more than 400 million people, with 24 million business trips, and 57 million cross-border freight transfers happening every single year. Research by the Bertelsmann Foundation asserts that a permanent return to border controls could cost $530 billion of GDP growth from the European economy over the next decade.

 
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Saudi King And Princes Blackmail The U.S. Government: What Happens Next





Saudi Arabia appears to be blackmailing the US, saying it would sell off American assets worth a 12-digit figure sum in dollars if Congress passes a bill allowing the Saudi Government to be held responsible for the 9/11 terrorist attacks.” To say that this threat from the Sauds is just “another sign of the escalating tensions between Saudi Arabia and the United States” seems like saying that a neighbor’s threat to bomb your house would constitute just “another sign of escalating tensions” between you and your neighbor.

 
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"America First" - The Trump Slogan the Establishment Hates





Why do they hate Donald Trump? Why has the Establishment pulled out all the stops in an effort to smear him, stop him, and crush him underfoot?

 
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America's Imperial Overstretch





Since the end of the Cold War in 1991, this country has been steadily bled and slowly bankrupted. We are now as overextended as was the British Empire in the 1940s. Time for a reappraisal of all of the war guarantees this nation has issued since the beginning of the Cold War, to determine which, if any, still serve U.S. national interests in 2016. Alliances, after all, are the transmission belts of war. This is not isolationism. It is putting our country first, and staying out of other people’s wars. It used to be called patriotism.

 
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