Europe

From "Blain's Morning Porridge" by Bill Blain of Mint Partners

“You are about to embark on the great crusade toward which we have striven these many months.”

I find myself in something of a quandary this soggy morning. Wracked with nagging doubt. Why? Nothing to do with Theresa May effectively throwing the UK Election, that auto-loans are in serious trouble, or worries Qatar might escalate into something quite unpleasant (and I don't just mean for Barclays..).. These things are all noise, the daily fun and games.

As we have noted numerous times in recent months, increasingly draconian ‘Big Brother’ counter-terrorism tactics are being implemented around the world, and in the wake of the third terrorist attack in weeks in England, Prime Minister Theresa May is calling for new Internet regulations and the suppression of digital tools that facilitate online “safe spaces” where attacks can be coordinated...

Via GEFIRA,

A change in demographic trends takes 50 year before they become plainly visible. The decline in fertility in the sixties started to become visible after 50 years. Cerberus, our population simulator, shows with scientific precision that the replacement of the European society has started, and within 50 years it will be visible and irreversible.

Authored by 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.

Autohred by Jim Rickards via The Daily Reckoning,

China is not only one of the world’s largest debtors, it is one of the world’s largest creditors.

China uses debt not in the customary financial manner, but as a political tool to generate employment and maintain social stability. Likewise China uses loans and investment as a tool to advance its strategic interests. This may be good geopolitics in the short run, but it will be a disaster economically in the long run.