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Somnolent Europe, Russia, and China — Paul Craig Roberts

Somnolent Europe, Russia, and China
Can the world wake up?

Paul Craig Roberts

On September 19, 2000, going on 16 years ago, Ambrose Evans-Pritchard of the London Telegraph reported:

“Declassified American government documents show that the US intelligence community ran a campaign in the Fifties and Sixties to build momentum for a united Europe. It funded and directed the European federalist movement.

Larry Lindsey Warns "Nothing Will Change Until The System Collapses Under Its Own Weight"

Via Larry Lindsey of The Lindsey Group...

Negative Rates and the Austrians' End Game

Our training and bias have always been toward policy activism -- that tweaking this or changing the dial on that can always make things better.  [But] critics of activism, often lumped into the 'Austrian School,' argue that this will inevitably end badly.

The World's Largest Shipping Company Is Already Preparing For The Next Oil Crash

The World's Largest Shipping Company Is Already Preparing For The Next Oil Crash

It was almost a year ago, when having tumbled in early 2015, oil proceeded to rebound strongly into the summer, where it traded at about $60 for three months, before US production resumed resulting in the next big leg lower which culminated with this's February drop to 13 year lows. At that point a comparable rebound to last year materialized, and just like last year,  the pundits have emerged claiming that there will be no further downside. Incidentally, we covered this comparison previously in "For Oil 2016 Is Setting Up To Be A Rerun Of Last Year."

 

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