America

Submitted by Charles Hugh-Smith via OfTwoMinds blog,

Reshoring the entire supply chain so it can be trusted is the low-cost solution once you add up the total lifecycle cost of a hopelessly counterfeit global supply chain.

There are two basic arguments against bringing manufacturing that was transferred overseas (offshored) back to America (reshoring):

1. It's too costly

2. The supply chain is now in China/Asia and it's not possible to source the parts needed to bring manufacturing back to America.

It Is Up To Us

Paul Craig Roberts

Did Donald Trump win the election because he is a racist and misogynist and so are the American people?

No. That’s BS from the Oligarchs’ well-paid whores in the media, “liberal progressive” activist groups, think tanks and universities.

Did Trump win because he stole the election?

In the first woman appointment to Trump's administration, South Carolina Govenor Nikki Haley has accepted the president-elect's offer to be his ambassador to the United Nations, NBC News reported this morning. The daughter of immigrants from India, Haley served three terms in South Carolina's State House before winning the governorship in 2010 and again in 2014. A two-term governor, Haley, 44, initially backed Trump rivals Sen. Marco Rubio and then Sen. Ted Cruz during the GOP battle for a White House nominee.

Authored by Alastair Crooke, via Raul Ilargi Meijer's Automatic Earth blog,

We are plainly at a pivotal moment. President-Elect Trump wants to make dramatic changes in his nation’s course. His battle cry of wanting to make “America Great Again” evokes – and almost certainly is intended to evoke – the epic American economic expansions of the Nineteenth and Twentieth centuries.

Back in the summer we wrote about an IMF report that flagged Deutsche Bank as the "most important net contributor to systemic risks" (see "'Deutsche Bank Poses The Greatest Risk To The Global Financial System': IMF").  Those who read our site frequently were likely not terribly surprised by the IMF's conclusion.