Asia

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:

With the VIX surging, and then quickly getting pummeled on two occasions in the past three weeks, dizzy traders could be forgiven to assume that any latent "risk off" threat, whether from North Korea or the US political front, has been taken off the table.

Kim Jong Un is once again showing the US exactly how disinterested he is in negotiating any settlement - particularly one that ultimately forces North Korea to surrender its nuclear weapons: To wit, Kim ordered more rockets and warheads during a televised visit to a local munitions factory just hours after Secretary of Defense James Mattis praised Kim’s “restraint” for not having launched any new missile strikes since the latest round of UN sanctions took effect on Aug. 5. Mattis also reiterated that the Trump administration would be open to talks.

"Everybody has a plan...until they get punched in the face."

-Mike Tyson

Paul Alster has an interesting story this month in The Jerusalem Post.  It begins by informing us that...

"A fierce battle is being waged in the north of Israel."

Then goes on to say...

Authored by Mac Slavo via SHTFplan.com,

Tragedy struck the USS John S. McCain on Monday, when the destroyer collided with a merchant ship off the coast of Singapore, leaving 10 sailors missing and five injured. The US Navy is still struggling to find all of the remains of the missing sailors, and has ordered an operational pause for all naval fleets around the world as investigators try to figure out exactly why this terrible accident occurred.