Content originally published at iBankCoin.com
I will not pretend to be a scientist in this blog, or even claim to know the very first thing about global warming or lack thereof. I am more interested in human narratives, how they are woven, and the basis from which they were formed. Just like in stocks, when listening to an analyst, I like to know the historical performance of his/her previous picks.
By Chris at www.CapitalistExploits.at
Last week, China bypassed the World Trade Organisation agreements and using an old law officially launched a probe into Americas intellectual property practices.
China's foreign affairs minister, talking of America, stated that:
"We’ve come to the conclusion that they’re in an economic war and they’re crushing us.”
Reiterating this stance, a Chinese Communist Party spokesman went on to say:
Baltimore's 225-year-old monument to Christopher Columbus, said to be the oldest in the country and the world dedicated to the explorer that is still standing, has been severely vandalized.
This morning the words on the statue – Sacred to the Memory of Chris. Columbus Oct. XII MDCC VIIIC – were unreadable, a hole smashed in the stone.
“Racism: Tear it down,” one sign leaning on the monument base says.
While the growing woes facing the auto sector are well-known by now (see "Carmageddon: Ford & GM Sales Tank Despite Record July Incentive Spending") and boil down to excess capacity, insufficient demand and just a tiny - if one listens to the experts - subprime lending bubble, one key culprit has emerged as the biggest catalyst behind the chronic weakness among US carmakers: a moribund fleet, or rental, industry which has been devastated in recent years from Uber's juggernaut of disruption.
Authored by Grgeory Copley via OilPrice.com,
Is Venezuela’s 2017 transformation symptomatic of the growing global polarization? And does it show how the collapse of globalism is resulting in the re-emergence of a range of governmental forms which no longer even need to acknowledge “Western-style” democracy?
Are we seeing the revival of a bloc of pre-Westphalian nation-states with major power support?