Washington Has Declared Hegemony or War
Washington Has Declared Hegemony or War
Paul Craig Roberts
Washington Has Declared Hegemony or War
Paul Craig Roberts
The art of (future) war is rapidly evolving with Beijing spearheading the push into the first modern operational hypersonic glide vehicle (HGV). According to The Diplomat, the weapon, known as the Dong Feng (“East Wind”), DF-17 for short, is designed to challenge existing missile defense systems, such as America’s anti-ballistic missile defense system called: Terminal High Altitude Area Defense (THAAD).
When it comes to the global economy, few things matter as much as China, the trajectory of its economy and especially the pace and impulse of its credit creation, which is ironic because virtually all data coming out of China is fabricated and manipulated, and thoroughly untrustworthy, either on purpose or "by accident."
European stocks are steady in post-Christmas trading if struggling for traction after a mixed session in Asia, amid trading thinned by a holiday-shortened week and ongoing worries about the tech sector; however a strong rally in commodities - including copper and oil - buoyed expectations for a strong 2018 and helped offset concerns over the technology sector triggered by reports of soft iPhone X demand.
According to South Korea's Chosun Ilbo, U.S. recon satellites have photographed around 30 illegal transactions involving Chinese vessels selling oil to North Korea on the West Sea in October. The images allegedly showed large Chinese and North Korean ships transacting in oil in a part of the West Sea closer to China than South Korea. The satellite pictures even showed the names of the ships.