Germany

VIX Tumbles, S&P Futures, Global Stocks Rebound Sharply As Korea Fears Fade

Global stocks and S&P futures rebounded sharply on Monday as tensions over an imminent conflict with Pyongyang receded after U.S. officials played down the likelihood of a nuclear conflict with North Korea, recovering from fears of a U.S.-North Korea nuclear standoff drove them to the biggest weekly losses of 2017, while the dollar too rose off four-month lows it had hit against the yen.

If War Comes, Don't Blame The "Military-Industrial Complex" – It's Much Worse Than You Think

"But today the 'Military-Industrial Complex' is an archaic term that doesn’t begin to describe the complexity and influence of current structures. Indeed, even in Eisenhower’s day the MIC was more than a simple duplex consisting of the Pentagon and military contractors but also included an essential third leg: the Congressional committees that provide the money constituting the MIC’s lifeblood."

Global Market Rout Spreads: VIX Marches Higher As China Stocks, Currency Plunge

The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday following a third day of escalating verbal exchanges between Trump and Kim, with European and Asian shares tumbling as volatility across the globe spiked, with the selloff in US futures continuing albeit at a more modest pace.

The Secret History Of The Banking Crisis

"Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for?"

If America Was Trying To Start A World War, This Is How It Would Happen

"Make no mistake: the U.S. is at the crossroads of its dying status as a global superpower. In order to stay afloat, it has only one real option – to continue down the warpath it has set itself on and confront those countries that seek to rise up in the post-American led international order."

North Korea Releases Canadian Prisoner As Tillerson Talks Down "Imminent Threat"

In two welcome signs of de-escalation after yesterday's sudden spike in bellicose rhetoric, moments ago North Korea released a Canadian man from prison on humanitarian grounds, while Rex Tillerson said he doesn't believe there is "any imminent threat" from North Korea, and says that they should "have no concerns about this particular rhetoric of the last few days."

"On The Beach" 2017 - The Beckoning Of Nuclear War

"One of Obama's last acts as president was to sign a bill that handed a record $618billion to the Pentagon, reflecting the soaring ascendancy of fascist militarism in the governance of the United States... Buried in the detail was the establishment of a 'Center for Information Analysis and Response'. This is a ministry of truth. It is tasked with providing an 'official narrative of facts' that will prepare us for the real possibility of nuclear war - if we allow it."

Now, A Trade War; Next A Shooting War?

A popular thesis since the 1930s is that a natural progression exists from currency wars to trade wars to shooting wars. Both history and analysis support this thesis. Is this pattern repeating itself today? Sadly, the answer appears to be yes.

Poland May Demand Billions In Reparations From Germany For World War II

More than 72 years after the end of the Second World War, Polish politicians are demanding that Germany pay their country reparations. A research office of Poland’s lower house of parliament, is reviewing whether this would be possible and should be complete by August 11th.