Authored by James George Jatras via The Strategic Culture Foundation,
There’s no indication that President Donald Trump’s summit with China’s Xi Jinping achieved any breakthrough on North Korea. But why didn’t it? After all, Trump said that China could “fix” the North Korea problem “easily and quickly” and it was just a matter of Xi’s making up his mind to do so.
Authored by Chris Martenson via PeakProsperity.com,
While turbulent during the best of times, gigantic waves of change are now sweeping across the Middle East. The magnitude is such that the impact on the global price of oil, as well as world markets, is likely to be enormous.
A new crisis is developing in Canada and it’s not the housing bubble.
A far more sinister one, that is taking the country by storm, as a new wave of fentanyl has washed up on the shores of Canada from an unknown origin most likely China, and has made it onto city streets.
To our friends in the business district of Toronto, be - careful what you sniff - it might contain fentanyl.
Here’s why:
There is a certain, and very tangible, irony in the central banks' response to the Global Financial Crisis, which was first and foremost the result of unprecedented amounts of debt: it was to unleash an even greater amount of debt, or as BofA's credit strategist Barnaby Martin says, "the irony in today's world is that central banks are maintaining loose monetary policies to generate inflation…in order to ease the pain of a debt "supercycle"…that itself was partly a result of too easy (and predictable) monetary policies in prior times."