Chinese government advisors and a senior military officer warned Beijing that it must be ready for a war on the Korean peninsula, with the risk of conflict higher than ever before, the SCMP reported on Saturday. They also warned that Beijing, once seen as Pyongyang’s biggest ally with influence over its neighbor, was losing control of the situation.
Submitted by The Saker,
First, the bragging dummies
Just a few short days after Chinese regulators gave the greenlight to petro-yuan futures trading, signaling an escalation in the war against dollar hegemony, President Trump is reportedly set to accuse China of "economic aggression" in efforts to "undermine international order" during his national security strategy speech on Monday.
Authored by Tom Luongo,
Iran is joining the Eurasian Economic Union (EAEU). By early next year, February by this account, Iran will join the five founding members of the Union and open the door for Turkey to do so later in 2018.
Between this and the end of the war in Syria, it’s not hard to declare the Brzezinski Doctrine of U.S.-led Central Asian chaos as gasping its last breaths.
Authored by Daniel Lacalle via The Mises Institute,
Many of our readers might remember the late 80s. There were hundreds of movies, songs and books about the inevitable Japanese economic invasion.
The ones of you that did not live that period can see that it did not happen.
Why? Because the Japanese growth miracle was built on a massive debt bubble and, once it burst, the country fell into stagnation for the better part of two decades. It still has not recovered.