Germany

"There Will Be Blood" - The Whole Game Is About Containing Russia-China

BRICS is in a coma. What’s surviving is RC: the Russia/China strategic partnership. Yet even the partnership seems to be in trouble – with Russia still attacked by myriad metastases of Hybrid War. The – Exceptionalist – Hegemon remains powerful, and the opposition is dazed and confused. Or is it?

German Vice Chancellor Warns UK "Must Pay For Brexit" Or Europe Would Go "Down The Drain"

German vice chancellor Sigmar Gabriel slammed Britain, saying the island nation must not be allowed to “keep the nice things” that come with EU membership without taking responsibility for the fallout from Brexit. Gabriel warned if the issue was badly handled and other member countries followed Britain’s lead, Europe would go “down the drain” adding that "if we organise Brexit in the wrong way, then we’ll be in deep trouble."

It's All About This Friday's Payrolls: Key Events In The Coming Week

After Friday's Jackson Hole repricing of Fed hike expectations, which made it clear that the fate of a September rate hike is now in the hands of the August payrolls number, the main risk event of the week is therefore this Friday's US NFPs for which consensus expects a reading of 180K, down from last month's 217K print. A number substantially above this will make a September hike virtually certain, and potentially risks roiling markets as good news will likely be bad news this time around.

Martin Armstrong Questions "Are Central Bankers Coming To A Bitter End?"

Central bankers these days are seriously trapped. They cannot now reverse their policies for that means they have to admit that they have failed. That is far more serious than you might imagine. To even entertain backing down from negative interest rates means they have to admit that Keynesian/Marxist economics has failed and therein socialism, which is based upon the very principle that government can and is capable of managing the economy.

Global Stocks Slide, Futs Flat; Commodities Down On Stronger Dollar As Hike Odds Reprice Higher

The dollar index rose to a two-week high on Monday, while bond yields jumped to their highest since June and global stocks sold off after senior Federal Reserve officials indicated a U.S. interest rate increase was on the cards in the near term. The Fed effect - and the stronger dollar - reverberated through markets, pressuring stocks in Europe and emerging markets, pushing oil below $47 and the commodity complex lower.

Don't Think Armageddon, Think "A Thousand Balls Of Flame... And Then Crickets!"

A whiff of World War III hangs in the air. In the US, Cold War 2.0 is on, and the anti-Russian rhetoric emanating from the Clinton campaign, echoed by the mass media, hearkens back to McCarthyism and the red scare. In response, many people are starting to think that Armageddon might be nigh - an all-out nuclear exchange, followed by nuclear winter and human extinction. It seems that many people in the US like to think that way. But most of the recent American warmongering toward Russia can be explained by the desire to find anyone but oneself to blame for one’s unfolding demise.

The Moment Of Maximum Peril - Clinton Vs. Trump

Mr Trump may have had an appalling August but he is not to be underestimated. There is still a long way to go before November 8th. Who could have thought a majority of the British people would have been so ignorant to endorse the lies and bigotry of the Leave campaign and opt to plunge the UK into its greatest existential identity crisis since WWII. For Mrs Clinton paradoxically this is her moment of maximum peril. It is always at the moment when she is doing best and riding high in the polls that the US national media turn on her and attempt to burst her bubble.

The Blessing Of Cash (And Why Central Bankers Hate It So Much)

Cash is an unambiguously a blessing to productive workers, savers, and entrepreneurs who wish to protect their hard earned money from the crazed theories and swindling schemes promoted by statists like Rogoff and the central bankers he advises.

German Economy Minister: "TTIP Talks Have Failed"

In the latest blow for Obama's global trade agenda, German Economy Minister Sigmar Gabriel said that free trade talks between the EU and the US have failed, citing a lack of progress on any of the major sections of the long-running negotiations. "In my opinion the negotiations with the United States have de facto failed, even though nobody is really admitting it. [They] have failed because we Europeans did not want to subject ourselves to American demands.