Leaving the West Behind
Germany Looks East
Russia’s annexation of Crimea in March 2014 was a strategic shock for Germany. Suddenly, Russian aggression threatened the European security order that Germany had taken for granted since the end of the Cold War. Berlin had spent two decades trying to strengthen political and economic ties with Moscow, but Russia’s actions in Ukraine suggested that the Kremlin was no longer interested in a partnership […]
Graphene is just one atom thick, but it’s poised to cast a wide shadow over the future of business. Some 200 times stronger than steel yet lighter than paper and more flexible than a contortionist, graphene is hailed as a miracle material with the potential to revolutionize products and processes across industries from consumer electronics to biomedicine.
First isolated in 2004 by physicists Andre Geim and Konstantin Novoselov, who won a […]
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Greece had violated EU sanctions against Russia and the Russian Federation signed a contract for the supply of spare parts for air defense system. It is reported by RIA Novosti and the military source in Athens. “The contract for the supply of spare parts for top-M-1, and” OSA-AKM “signed this week,” – a spokesman said. The amount of the contract were not disclosed. “It is important not only […]
by Editor of the Fabius Maximus website
Summary: Our leaders lie to us because they can, because we don’t hold them to a higher standard. This breaks from American’s wild west traditions, where a man’s background was unknown but his reputation was everything. This post lists five of the most outrageous US government lies since WWII. A complete list would require you to spend all day reading it. When we no […]
from SGT Report.com:
Our friend Michael Noonan from Edge Trader Plus joins us to discuss the stark economic reality humanity is facing under the iron fist rule of the Rothschild International banking SYSTEM of total control. And despite the inevitable future collapse of the Dollar and the consequent end of U.S. world hegemony, according to Michael, the chances of toppling the Rothschild’s from their seat of world power appear to be […]
Approximately 3% of the population is preparing for a major event to occur within the United States. As I read the headlines from week to week, it seems as though almost any SHTF scenario is possible in today’s day and age. There are financial issues, geopolitical instability, peculiar changes in our natural environment (e.g. -mass animal deaths), solar weather issues, etc. While some have absolute conviction in what they […]
Nobody wants to return to the kind of risky home loans that spurred 2008’s banking collapse. Sliding back toward lax lending would be nuts.
Yet Washington officially endorsed such loans this month.
Federally controlled mortgage giants Fannie Mae and Freddie Mac announced they’ll back loans to low-income Americans who put just 3% down, even though such loans have a high default rate.
The risky mortgage program has the blessing of Federal Housing Finance […]
#oil financial crisis? Deutsche Bank says Brent below $60 implies “significant default risk” of US energy high yield pic.twitter.com/EO4guh3vAd
— Javier Blas (@JavierBlas2) December 16, 2014
#OIl prices stabilise above $60 a barrel: it could be a mirage as physical market continues to flash weakness #OPEC pic.twitter.com/ziydbMKki7
— Javier Blas (@JavierBlas2) December 22, 2014
Saudi oil min says ready to raise output if new clients emerge
Saudi Arabia is prepared to increase its oil output […]
by Adam Taggart
Whether or not you’ve had time yet to plow your way through David Collum’s excellent 2014 Year in Review, our annual podcast with Dave always brings additional color to light — and this year’s is no exception.
To me, the global economic theme is existential risk. That’s a phrase I use repeatedly throughout my Year In Review. Things now seem to be coming to a head.
A metaphor that I came […]
Chris Powell of the Gold Anti-Trust Action Committee (GATA) says the evidence is clear that central banks are intervening in all futures markets. Powell charges, “The documents don’t prove that any particular central bank is trading any particular futures contract on any given day, but they do show the central banks are trading secretly in all U.S. futures markets. That means our market economy has been destroyed. It really means […]
By Michael Snyder
Make no mistake – there is now a state of open warfare on the streets of America. Earlier this year it was being reported that the number of police officers killed on the job was up 40 percent in 2014, and that was before all of the civil unrest caused by the deaths of Michael Brown and Eric Garner. At this point, attacks on police officers are becoming […]
Beijings airpocalypase- city on the verge of being uninhabitable, elite schools building air tight domes for kids sports
Beijing’s air quality has long been a cause of concern, but the effects of its extreme levels of pollution on daily life can now be seen in physical changes to the architecture of the city. Buildings and spaces are being reconfigured and daily routines modified to allow normal life to go on beneath […]
For some retirees, Congress has played the Grinch this holiday season.
Tucked into the federal spending bill were provisions that will allow certain struggling multi-employer pension plans to reduce benefits already being received by retirees.
The move was the result of an alarm from the Pension Benefit Guaranty Corp. that multi-employer plans covering more than 1 million participants are substantially underfunded and, without legislative changes, will probably fail. The deficit for PBGC’s […]
Ok, we CANNOT murder cops. We cannot give the government a reason to declare “State of Emergency” and whip out that Martial Law.
— CATTY NOIR (@AZEALIABANKS) December 21, 2014
Azealia Banks: We CANNOT murder cops and risk government declaring martial law
AL SHARPTON LEADS MARCH IN DC AS NYC PROTESTERS CHANT: ‘WHAT DO WE WANT? DEAD COPS!’ Joining the families of blacks killed by police, thousands marched toward the capitol and […]
America’s Big Five Are Plunging the World Into Another Banking Crisis
A comeback of the pre-crisis lending practices by the world’s biggest banks could end in another banking crisis. So, what exactly are the banking policies? Radio Sputnik is discussing it with former World Bank economist Peter Koenig.
In his story titled ‘Memories of Financial Crisis Fading as Risks Rise’ an AP economics writer Paul Wiseman points to several factors which banking analysts describe […]
December 20th, 2014
Prior to the crash of 2008 global trade was rocking. It was a boon for shipping companies around the world who are responsible for moving raw materials, commodities and consumer products from one country to another. Wall Street, of course, had devised a way to track all of this movement and often pointed to the Baltic Dry Index (BDI) as the primary indicator for health in the global […]
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With the US raising their debt ceiling, are we in a global bail-out bubble that will eventually burst? This doc offers a fresh insight into the greatest economic crisis of our age: the […]
Movie studios are banning theaters from showing Team America: World Police and The Interview because they are critical of North Korea, so it’s time to show support for free speech.
Make no mistake – there is now a state of open warfare on the streets of America. Earlier this year it was being reported that the number of police officers killed on the job was up 40 percent in 2014, and that was before all of the civil unrest caused by the deaths of Michael Brown and Eric Garner. At this point, attacks on police officers are becoming a frequent occurrence all […]
An investigation by Fox News journalist Sharyl Attkisson has uncovered further information pointing to a massive Ebola coverup by the Centers for Disease Control and Prevention.
According to Attkisson, a CDC representative answering questions on potential Ebola cases admitted that the agency has refused to update their website with current information.
“I called CDC not long ago and I said how many cases are being monitored in the United States and they […]
One woman, Doris, claims her husband gave doctors permission to sterilize her while she was in labor, and that she didn’t find out about it until three years later, when she tried to get pregnant again. Another woman, Amani, says she was sterilized during a cesarean birth, but wasn’t informed about the procedure until she questioned her nurses when she overheard them talking about her internal scars.
A report by the […]
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
Gold is the most maligned asset, if you listen to the Fed, the ECB, and other central banks. This was driven home again in a variety of ways, including what transpired before the Swiss gold referendum and Mario Draghi’s “all assets but gold” declaration. So I asked a man who knows, Fabrice Drouin Ristori, Founder and CEO ofGoldbroker.com, why the heck central banks react toward gold in […]
The media’s role in whipping up a contrived narrative based around racism and cop-hating in the aftermath of the Michael Brown verdict was a key contributing factor in the murder of two NYPD officers.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
Correlation is not causation. Just because two things occur at the same time doesn’t mean that one causes the other. I get that.
But when the Fed buys $3.6 trillion in assets with freshly created money, and when it represses the cost of capital for Wall Street to zero for a six-year period, and when other central banks follow with similar policies, well then, something is going to […]
The United Kingdom’s oil industry is taking a beating from low oil prices, so much so that it is “close to collapse.”
That comes from the head of the Association of UK Independent Oil and Gas Exploration Companies, otherwise known as Brindex. Robin Allan, the chairman of Brindex, says that the number of new oil projects that are profitable at $60 per barrel is close to zero.
“It’s almost impossible to make money at […]
Fukushima hopes to host some of the events for the 2020 Summer Olympics in Tokyo to show the world that the worst days of the 2011 tsunami and nuclear disaster are behind it.
“We need to set a goal so that we can show how much Fukushima has recovered,” Masao Uchibori, who was elected the new governor of Fukushima Prefecture in October, said Tuesday.
“The Olympics is meant to show to the […]
As oil’s slump threatens to plunge Russia into recession, President Vladimir Putin can at least rely on China to keep buying its crude.
The world’s biggest producer sold a record volume to its Asian neighbor last month, according to data e-mailed by the General Administration of Customs in Beijing today. Exports rose 65 percent from the same period last year to 3.31 million metric tons, or 810,000 barrels a day, as […]
By Nick Beams
Instability in the global economy is not solely indicated by sharp falls in financial markets. Large swings and rapid rises can, at times, also point to mounting problems. The events of last week were one such occasion.
It began with the plunge of the Russian rouble under the impact of falling oil prices, down more than 40 percent since June, and of tightening economic sanctions which have cut off […]
Brian Stelter, CNN, Released on 12/21/14