America

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.

Content originally published at farleftwatch.com

In a Thursday, September 14th article from The Hill titled “Antifa activists say violence is necessary“, author Katie Bo Williams discussed Antifa’s proclivity towards violence with activists in the movement as well as academics who support it. One of the people she spoke with was Mike Isaacson, who is one of the founders of Smash Racism D.C. and a professor at the John Jay College of Criminal Justice:

While we've yet to experience any large municipal pension failures, which is just a matter of 'when' rather than 'if', the small pension failures sprinkled across the state of California are starting to pile up.  As The Sacremento Bee points out today, public workers in Trinity and Imperial counties are just the latest to have their pensions slashed by up to 90% as their cities admit what most of us have known for some time, namely that they're running ponzi schemes which simply don't have the funding required to payout the benefits they've promised. 

Today, Moscow kicked off its controversial, week-long "Zapad-2017" drill, the latest iteration of a series of training maneuvers that began under the Soviet Union in the 1970s, and which has angered and put NATO and Baltic States leaders on edge. Land, sea and air units will be taking part in war games until the 21st of September across a huge area encompassing western Russia, Belarus, the Baltic Sea and the Russian exclave of Kaliningrad.

Gold spiked and USDJPY tumbled as headlines from Japan's Nikkei newspaper confirmed US military officials' observations last night that North Korea is said to show signs of missile launch preparation.