Authored by Michael Hudson via Counterpunch.org,
In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and “foreign aid” (defined simply as any government credit) depicts an almost utopian system uplifting all countries, not stripping their assets and imposing austerity.
Authored by Brandon Smith via Alt-Market.com,
The temptation to revel in the implosion of the extreme political Left is high, and it's understandable.
I could go through a long list of insane offenses by the cultural Marxist cult of the church of "social justice," but I think this latest example summarizes the problem nicely.
Authored by Mark Jeftovic via Medium.com,
“[Bitcoin] won’t end well, it’s a fraud…worse than tulip bulbs…[but] if you were a drug dealer, a murderer, stuff like that, you are better off doing it in bitcoin than U.S. dollars,”
— Jamie Dimon: CEO, JP Morgan
Headline: JPMorgan Guilty of Money Laundering, Tried To Hide Swiss Regulator Judgement
— via Cointelegraph
The US has filed a legal submission to the WTO as a third party, intervening in a case that China has brought against the European Union. The US rejects China’s argument that under the 2001 agreement, which confirmed China’s WTO status, it would should automatically be considered a “market economy” fifteen years after joining.
Despite a Wednesday dive in high-flying U.S. tech stocks on worries their boom may have peaked following a MS downgrade, which presured Asian stocks leading to a slide in Hong Kong and South Korean share, on Thursday morning the dip buyers have emerged and both European stocks and US equity futures are once again solidly in the green as yesterday's tech selloff is quickly forgotten.