Politics

After repeatedly referring to NAFTA as "the worst trade deal maybe ever signed anywhere" during the presidential campaign, the Trump administration seems to be softening it's protectionist rhetoric.  According to The Hill, in speaking to a group of concerned business leaders, Trump advisor Anthony Scaramucci said that the new administration isn't looking to "rip up NAFTA" but rather to "right-size it and make it fairer." 

The Tide Is Turning Against the Oligarchs

“The further a society drifts from the truth, the more it will hate those that speak it.” George Orwell

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Thousands of armed ‘moderate’ groups in Syria could end up joining jihadist forces if the Trump administration abandons them, the Washington Post is warning. Fake news? The article seems to be raising a false alarm as these groups are already in bed together. The so called “moderate rebels” were previously vetted by the US to receive weapons via CIA channels.

Submitted by Jeremiah Johnson (nom de plume of a retired Green Beret of the United States Army Special Forces (Airborne)) via SHTFPlan.com,

While the market overcame its initial scare following yesterday's counter-establishment Italian referendum vote, and European stocks proceeded to not only make up all losses, but soar in the overnight session by the most since Trump's presidential victory, what happens next in Italy is largely unknown. What follows are Goldman's snap thoughts on the Italian next steps.