Reality

NATO General Admits Russia Is Not A Threat To The Region

Over the course of the past few months, the United States has pushed NATO to build up troops on Russia's border, held war games in its backyard, and deployed aircraft carriers to the Mediterranean. The rationale for such actions has always been very vaguely communicated, but as NATO European Command General  Philip Breedlove said, it has all been to send a signal of deterrence to Russia. However, the reality is that, according to General Petr Pavel, chairman of the NATO Military Committee, there is no intelligence that suggests Russia is planning any broad-scale aggression whatsoever.

Is The Syrian War About To Experience A Major Escalation?

"We’re going to war - either hybrid in nature to break the Russian state back to its 1990s subordination, or a hot war (which will destroy our country). Our citizens should know this, but they don’t because our media is dumbed down in its “Pravda”-like support for our “respectable,” highly aggressive government. We are being led, as C. Wright Mills said in the 1950s, by a government full of “crackpot realists: in the name of realism they’ve constructed a paranoid reality all their own.” Our media has credited Hillary Clinton with wonderful foreign policy experience, unlike Trump, without really noting the results of her power-mongering."

Fake Jobs Plague The U.S. Economy

The long-term decline in median income, amplified in 2016 by the biggest drop in weekly earnings in history, puts the lie to the pretense of self-sustaining recovery. Average people don’t have enough discretionary income to sustain expanded economic activity.

Britain Doesn't Need The EU To Thrive

The history of mankind is a struggle between the individual trying to retain freedoms and tyrannical governments trying to take it away from him. The EU was created to increase freedoms: the freedom of the movement of goods, capital, and people. As expected, it has devolved into an entity that does just the opposite...

Dumb Policymakers' Guide To Creating Starvation In 2016

One of the great achievements of the human mind is having produced a solution to the single greatest challenge of life on earth: getting enough to eat. So complex, well developed, and productive is the global market for food that it turns out to be extremely hard to break the system. To create starvation in 2016 requires extraordinary effort. It requires a comprehensive system of coercion that attacks all the institutions that make abundance possible: ownership, international trade, an adaptive price system, the right of commercial innovation.Such a system does exist, however. It goes by the name “socialism.” It is being tried today in a country that was once wealthy, comfortable, and civilized.

Werner Issues "Disturbing" Warning About State Of Trucking And Logistics Industry

Following ongoing warnings of the dismal reality surrounding heavy, Class 8 trucking, reality finally hit overnight when trucking and logistics company Werner Enterprises warned that a sluggish freight market and increases to driver pay would hurt its second-quarter earnings, leading to a plunge in its stock price. Werner said it now expects to report a profit of 21 cents to 25 cents a share, which includes a pretax gain of $3.4 million from the sale of real estate; this was nealy 50% below the consensus forecast of 40 cents a share.

"Whatever It Takes" Wasn't Enough

Bond manager Jeffrey Gundlach made headlines this week with the comments “central banks are losing control.” I would suggest that central bankers actually lost control back in 2012. Mario Draghi’s “whatever it takes” pledge actually amounted to concerted central bank intervention to shield global markets and economies from the intensifying forces of the downside of a historic Credit Cycle. The global Credit boom persevered for a few more years, right along with historic market distortions and economic maladjustment. Downside risks have grown significantly.

The New Iron Curtain - A Monument To Washington's Imperial Folly

A foreign army consisting of 31,000 soldiers from an anti-American alliance are conducting military “exercises” a few miles from San Diego. Hundreds of tanks converge on the Rio Grande, while jets from 24 countries converge in attack formation, darting through Mexican skies. It isn’t hard to imagine Washington’s response. Yet that’s precisely what has been happening on Russia’s border with the NATO alliance, as the cold war returns.

Soros – A Rudimentary Theory Of Bubbles

"...financial markets, far from accurately reflecting all the available knowledge, always provide a distorted view of reality. The degree of distortion may vary from time to time. Sometimes it’s quite insignificant, at other times, it is quite pronounced. When there is a significant divergence between market prices and the underlying reality, there is a lack of equilibrium conditions. I have developed a rudimentary theory of bubbles along these lines..."