The following article by David Haggith was published on The Great Recession Blog:
Having castigated Janet Yellen for keeping interest rates artificially low in order to help the Obama Administration keep a Democrat in the White House, Trump now likes Janet Yellen and likes low interest rates, too — so much so that he decided this week that it is finally time to get honest with America about his latest flip-flop:
Authored by John Rubino via DollarCollapse.com,
The rise of French far-right presidential candidate Marine Le Pen has made a lot of people nervous since, among many other things, she’s in favor of leaving the eurozone, which would pretty much end the common currency. But since polling has shown her making the two-person run-off round but then losing to a mainstream candidate, the euro-elites haven’t seen any reason to panic.
Authored by Peter Korzun via The Strategic Culture Foundation,
The significance of Iranian President Hassan Rouhani’s visit to Russia on March 27-28 goes far beyond the bilateral relationship. Iran is one of the main actors in Syria and Iraq. It has an importance place in the geopolitical plans of US President Donald Trump. Its relationship with Russia is an important factor of international politics. The future of the entire Middle East depends to a great extent on what Russia and Iran do and how effectively they coordinate their activities.
Nearly half of all French voters have yet to decide who they want to be president with only a month to go until the election, an opinion poll showed on Friday, as scandal-hit conservative candidate Francois Fillon launched an extraordinary attack on Socialist President Francois Hollande, accusing him of orchestrating a plot against him. The big question therefore remains - Is a “European Spring” in the making?
As the euphoria generated by the election of Donald Trump subsides, ebbing away like a strange and fantastic dream, the financial markets are coming to realize that the promises of tax cuts, spending hikes and deregulation are empty. One very tall central banker we know, for example, is no longer worried about his eponymous rule prohibiting bank principal trading being repealed. Thus we all mentally reset the quantum monetary clock back to the week prior to the November ’16 election and ask: what next?