China is a rising power. The US is in decline. Washington-led organizations like the IMF are no longer reflective of the true economic balance of power in the world, and thus the US is concerned about the rise of counter-institutions like the BRICS, the AIIB...
Sadly, the Clinton's political record offers no divergence from the bloodthirsty quest for power that such a body count would suggest. Needless to say, both Bill and Hillary are admitted globalists, committed to "Poppie" Bush's vision of the New World Order.
...for those who might have been celebrating the prospect of the oil price plunge taking down a few of the big boys, don't put on your party hats yet. Shell, BP and Total are still going to take a hit from lower prices, but they're likely to beat earnings expectations because ...
In effect, the keys to the future of the internet have just been handed over to the FCC, not just today, not just this group, but anyone who ever steps into that position. Ever.
If and when CIPS is launched, the results could be world historical in nature... It's hard to underestimate just how important CIPS will be to making the yuan a major player on the global stage.
Such is the way of the world: the military-industrial complex is more than happy to supply the money if you're willing to supply a good story to whip up public outrage against an enemy. This is why it's never too difficult to make money for a conscience-less psychopath.
In the course of just 10 days, the things that we’ve seen transpire would have taken one’s breath away in virtually any other time in history. But in 2015? Nah, not so much.
Somehow, though, despite the armageddon brought about by this year's 3% budget cut the IRS has still found the time to issue a handy-dandy 21 page guide all about how to correctly work out how many pounds of flesh Obamacare is going to cost you.
...more insidious still is what he may be doing in the name of his father's actual libertarian principals. Take his stand against the Federal Reserve, for instance.
...manipulation has been the reason that oil prices were massively over-inflated for the past two decades, and the current plunge is an example of what happens when some of the floors are removed from under that propped-up price.
Assuming that this is just a game of chicken, time is not on Greece's side. Greek finances would dry up within a month of the end of the current agreement... But things are not much rosier for the Eurogroup.
The problem here is that debt itself is the problem, but as we all know... the very monetary system upon which our entire economic house of cards is built is based on debt-based central banker funny money.
So it seems that the deflationary cycle has come to an end...for the moment. But there is still life left in the US dollar bull market, and thus further commodity deflation is highly likely.
This Peer-to-Peer economy that is rising up to replace the Industrial/Information economy is difficult to see in its totality, but is everywhere around us.
...now that this is becoming the fashionable new mini-stimulus for countries suffering in the doldrums of this deflationary cycle, it isn't quite so surprising as it once was. It's now almost predictable.
...what is at stake with every royal succession is not just the domestic politics of Saudi Arabia, but the course of geopolitics and, ultimately, the global economy.
...As is now standard practice in the “new normal” of the post-Lehman world, all eyes are now on Washington where the Fed is currently engaged in the first FOMC meeting of the year.
Whether or not Draghi was really planning to announce his stimulus program this week, the surprise Swiss franc decoupling of last week left him no choice.
... however the SNB fallout lands and whoever it lands on, it's not doing anything to help the bleak outlook for a world on the edge of deflation.
What we know for sure at this point is that the fallout of this move is going to be massive, long-lasting, and global. Some traders are already predicting the collapse of financial institutions and smaller hedge funds.