Some have queried how it could be that President Putin would co-operate with President Trump to have OPEC+ push oil prices higher – when those higher prices precisely would only help sustain U.S. oil production. In effect, President Putin was being asked to underwrite a subsidy to the U.S. economy – at the expense of Russia’s own oil and gas sales – since U.S. shale production simply is not economic at these prices. In other words, Russia seemed to be shooting itself in the foot.Continue reading Revolutionary Times and Systemic Collapse
The stock market speculators are having the best of times, as the Dow Jones Industrial Average hit the 20,000 point milestone for the first time. Continue reading Dow Jones Industrial Average Hits 20,000 for First Time Ever!
The combined printing of trillions in fiat dollar out of thin air, and owing more money than any nation in history just to finance the insatiable appetite of the military industrial complex instead of
modernizing its basic economic infrastructures and creating new industries, are the prime causes of the ongoing economic collapse in the United States today.
Continue reading Fiat Economic Collapse is Happening Now & So are the Earthquakes
The globally praised Asian Infrastructure Investment Bank website is now online. It will begin operating in earnest on the second half of the year as most of its founding members so desire.
Writing for The Guardian UK, Joseph Stiglitz was surprised that the AIIB did not cause a universal celebration as expected judging from its advertised scope and purpose.
Continue reading GeoPolitical and SocioEconomics Q1 Summary [Updated]
The financial media and Wall Street economists, by refusing to ask obvious questions, have left the American people unprepared for another drop in their living standards and ability to cope.
Continue reading Magic Growth Numbers From U.S. Government