Tyranny at Nuremberg
Paul Craig Roberts
The showtrial of a somewhat arbitrarily selected group of 21 surviving Nazis at Nuremberg during 1945-46 was US Supreme Court Justice Robert Jackson’s show. Jackson was the chief prosecutor. As a long-time admirer of Jackson, I always assumed that he did a good job.
The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday as world stocks tumbled for the fourth day, on course for their worst week since November following a third day of escalating verbal exchanges between Trump and Kim, as European and Asian shares tumlbed, volatility spiked, and the selloff in US futures continued albeit at a more modest pace as the escalating war of words over North Korea drove investors on Friday to safe havens such as the yen, Swiss franc and gold.
US futures are set for a sharply lower open (at least in recent market terms) following a steep decline in European stocks and a selloff in Asian shares, following yesterday's sharp escalation in the war of words between the U.S. and North Korea. In a broad risk-off move U.S. Treasuries rose, the VIX surged above 12 overnight, while German bund futures climbed to the highest level in six weeks.
As deep cracks have emerged in the formerly pristine diplomatic relations between Poland and the EU over the past few months, some burried ghosts from Europe's past are making an unexpected come back.
Authored by Pepe Escobar via InformationClearingHouse.info,
The Empire of Whiners simply can't get enough when it comes to huff, puff and pout as the Empire of Sanctions.
With an Orwellian 99% majority that would delight the Kim dynasty in North Korea, the "representative democracy" Capitol Hill has bulldozed its latest House/Senate sanctions package, aimed mostly at Russia, but also targeting Iran and North Korea.