America

Submitted by Etai Friedman via Palisade-Research.com,

After the stock market crash of 1987, The Federal Reserve embarked on a path that led to the biggest debt bubble in the history of the world. The day after the 1987 crash (Oct. 20, 1987) Alan Greenspan, Chairman of the Fed, announced to the world that The Fed stood ready to provide whatever liquidity was needed by the banking system to prevent the crash from turning into a systemic financial crisis. That was the day the Fed “put” was born.

Military experts have warned that China is about to deploy intercontinental ballistic missiles capable of delivering a nuclear warhead to mainland America.  As Chinese President Xi Jinping meets with officials in Washington DC for the Nuclear Security Summit, military experts have raised serious concerns over China’s DF-41 nuclear missiles: “Given the number of real reported tests, it is reasonable to speculate the DF-41 will be deployed to PLA Strategic Rocket Force bases in 2016,” said Richard Fisher, senior fellow at the International Assessment and Strategy Center.

Having glad-handed with President Obama just this morning, and complained of a "sluggish global economy," that ironically his credit-fuelled mal-investment maelstrom enabled via its deflationary forces, Chinese President Xi appears to have moved on from currency wars to protectionism as WSJ reports China is tightening its grip on cross-border e-commerce, imposing a new tax system on all overseas purchases.

Several days ago, we explained how China's bizarro M&A scramble was nothing more than a rushed attempt to park as much capital in the US (and offshore) as possible before Beijing gets wise enough and cracks down on this latest loophole to evade Chinese capital controls, we had this to say about the farcical, and now pulled, $14 billion Anbang offer for Starwood, owner of the W Hotels, Sheraton and St Regis brands:

Well, bad news is still good news in Brazil, apparently.

Despite the fact that a complete political meltdown is less than two months away, the market is excited about what’s being viewed as a possible turning point for the country’s economic fortunes.