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Is A Trump-Putin Detente Dead?

Submitted by Patrick Buchanan via Buchanan.org,

Among the reasons Donald Trump is president is that he read the nation and the world better than his rivals.

He saw the surging power of American nationalism at home, and of ethnonationalism in Europe. And he embraced Brexit.

While our bipartisan establishment worships diversity, Trump saw Middle America recoiling from the demographic change brought about by Third World invasions. And he promised to curb them.

Bannon Breaks With Pence, Delivers Warning To Europe

Two days ago, when describing the two opposing foreign policy tracks emerging within Trump's administration (which led to disappointment inside Russia, which was hoping for a more aggressive detente between Putin and Trump), we said that "there are two clear axes developing within the Trump administration: a Pence/Mattis/Haley foreign policy and a Trump/Bannon/Miller foreign policy."

Satyajit Das Warns Financial Engineering "Has Masked The Global Economy's Precarious Health"

Satyajit Das Warns Financial Engineering "Has Masked The Global Economy's Precarious Health"

Submitted by Satyajit Das via MarketWatch.com,

Easy money masks global economy’s precarious health

Too much of economic growth and the accompanying bull market in stocks is the result of financial engineering. Increasingly, companies seek to improve earnings or increase their share price by means that are not necessarily directly linked to their actual business.

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