Washington’s Empire Is Not Unraveling
Paul Craig Roberts
The military/security complex spent seven decades building its empire. The complex assassinated one American president (JFK) who threatened the empire and drove another (Richard Nixon) out of office. The complex does not tolerate the election of politicians in Europe who might not follow Washington’s line on foreign and economic policy.
S&P futures point to a slightly lower open ahead of today's US non-mfg ISM and Service PMI data. European shares fall, while Asian shares are little changed. Several European countries, including Germany, are closed for Whit Monday leading to subdued trading. Crude futures have reversed overnight gains following the latest unexpected Gulf Crisis overnight, in which Gulf nations cut all diplomatic relations with Qatar amid striking allegations of funding terrorism, as reported overnight.
By Chris at www.CapitalistExploits.at
Today I've got something very personal to share with you, but first...
Authored by Erico Matias Tavares via Sinclair & Co.,
Marty Pompadur is a reference in the global media industry, where he is involved as an investor, advisor and board member. Until recently he was global vice chairman of media and entertainment for Macquarie Capital based in New York City.
These updates to my list of “Seven Troubles Assailing the US Economy” are far too important to remain buried at the end of that article since many readers may not return to the article to check for updates. The summer economic crisis I’ve been predicting is building even more rapidly than when I reported a week ago. It’s almost here: