Submitted by Michael Shedlock via MishTalk.com,
Global export of goods (priced in US dollars) has collapsed in Japan, the EU, and emerging markets, since their recovery highs following the great recession.
The US is the best of the lot, but US exports of goods are down substantially as well.
What’s behind the move? Is it protectionism? Currency related? Take a guess before reading further. The answer is coming up.
Submitted by Patrick Buchanan via Buchanan.org,
“Something there is that doesn’t love a wall,” wrote poet Robert Frost in the opening line of “Mending Walls.”
And on the American left there is something like revulsion at the idea of the “beautiful wall” President Trump intends to build along the 1,900-mile border between the U.S. and Mexico.
The opposition’s arguments are usually rooted in economics or practicality. The wall is unnecessary. It will not stop people from coming illegally. It costs too much.
In the latest surprise to come from the Trump administration, the NYT reports that in the Trump administration is preparing a set of executive orders aimed at isolating the US and which would allow the United States to "drastically reduce" its role and involvement in the United Nations and other international organizations, "as well as begin a process to review and potentially abrogate certain forms of multilateral treaties, officials said." The order calls for then enacting “at least a 40% overall decrease” in remaining United States funding toward international organizations.
Submitted by Doug Casey via InternationalMan.com,
You've heard the axiom "History repeats itself." It does, but never in exactly the same way. To apply the lessons of the past, we must understand the differences of the present.
During the American Revolution, the British came prepared to fight a successful war—but against a European army. Their formations, which gave them devastating firepower, and their red coats, which emphasized their numbers, proved the exact opposite of the tactics needed to fight a guerrilla war.
Authored by Paul Craig Roberts,
“Racist” is the favorite epithet of the left. Every white person (except leftists) is a racist by definition. As we are defined as racists based on our skin color, I am puzzled why we are called racists a second, third, and fourth time due to specific acts, such as favoring the enforcement of immigration laws. For example, President Donald Trump says he is going to enforce the immigration laws. For the left this is proof that Trump has put on the White Sheet and joined the KKK.