Via InternationalMan.com,
(This is Doug Casey’s foreword to Casey Research’s Handbook for Surviving the Coming Financial Crisis.)
Right now, we are exiting the eye of the giant financial hurricane that we entered in 2007, and we’re going into its trailing edge.
It’s going to be much more severe, different, and longer lasting than what we saw in 2008 and 2009.
Submitted by Justin Raimondo via AntiWar.com,
The U.S. military are going to deploy thousands of troops to the Russian border in an effort to protect NATO’s eastern borders from “aggressive Russia”. Around 4,500 soldiers armed with 250 tanks, Bradley Fighting Vehicles, Paladin self-propelled howitzers, and over 1,700 vehicles will station themselves at the border in the biggest deployment of its kind since the end of the Cold War. Vice News reports: They will conduct military exercises across Estonia, Latvia, Lithuania, Poland, Romania, Bulgaria, and Hungary, according to a statement from US European Command.
Submitted by Pater Tenebrarum via Acting-Man.com,
Reader Questions on Negative Interest Rates
Our reader L from Mumbai has mailed us a number of questions about the negative interest rate regime and its possible consequences. Since these questions are probably of general interest, we have decided to reply to them in this post.
The NIRP club – negative central bank deposit rates – click to enlarge.
We are one step closer to another full-blown return of the cold war.
Yesterday, during a briefing in Latvia's capital Riga, NATO Gen. Philip Breedlove said that NATO and the United States are switching their defense doctrine from assurance to deterrence in Eastern Europe in response to a “resurgent and aggressive Russia."
The comments by Breedlove come a day after the Pentagon said it would begin continuous rotations of an additional armored brigade of about 4,200 troops in Eastern Europe beginning in early 2017.