Authored by Pepe Escobar via The Asia Times,
North Korea, Iran, Venezuela are targets in "compassionate" America's war on the "wicked few." It's almost as though Washington felt its hegemony threatened...
Paul Delaroche, Napoléon à Fontainebleau, 1840. With other global powers increasingly at odds with US foreign policy under Donald Trump, the nation's hegemony on the world stage may soon face its own crisis point.
Can Putin Stand Up To Washington?
Drake University Emeritus Professor of Economics Ismael Hossein-zadeh explains that the reason Russian President Vladimir Putin so often blinks when Washington confronts him is that the ruling oligarchs in the US and Russia are members of the same financial elite. The more than one hundred Russian billionaires are financially integrated into the West and are able to elevate their interests above Russian national interests.
Authored by 720Global's Michael Lebowitz, via RealInvestmentAdvice.com,
“There is no other agency of government which can overrule actions that we take.”
– Alan Greenspan
In what has been the most stunning admission by Janet Yellen so far during her press conference, the Fed Chair said that "we don't fully understand inflation" and added that the "shortfall of inflation this year is more of a mystery."
With all due respect, it's not. But since the Fed is often confused, we would like to do the central bank a favor and "explain" inflation, or the lack thereof as the Fed laments, with just one chart.
To simplify enough that everyone on the FOMC will understand, here it is:
Submitted by Bill Blain of Mint Partners
Blain’s Morning Porridge – September 20th 2017
“New Car, caviar, four star daydream, think I’ll buy me a football team….”
Will they? Won’t they? I’m not talking about Donald’s playground bluster about nuking North Korea back to the 1950s. Shocking and intemperate. Yes. But, plays to his audience.