One week after RealVision brought us the latest Jeff Gundlach interview, in which the DoubleLine bond king explained why he is now "100% net short", on Friday Grant Williams interviewed Jim Rogers, in which George Soros' former partner (the two co-founded the Quantum Fund in 1973), is about as gloomy, warning "the next time the world comes to an end, it's going to be a bigger shock than we expect."
Economist Michael Hudson tells The RealNews network that neoliberal policy will pressure U.S. citizens to emigrate, just as it caused millions to leave Russia, the Baltic States, and now Greece in search of a better life...
Background
A research team from Columbia University's Mailman School of Public Health in New York estimates 875,000 deaths in the United States in year 2000 could be attributed to social factors related to poverty and income inequality.
While NATO stages military exercises on its eastern flank, Russia has grown concerned and built up its forces along Ukraine’s border. There is growing concern over a military confrontation between the two former Cold War rivals, Russia and the NATO alliance. The Kremlin sees its western flank along former Soviet Union Republics as the new front-line and is reportedly deploying troops and building an army base in a border town near Ukraine.
The military provocations between NATO and Russia reached a new post-cold war high yesterday when Poland became the host to the largest joint NATO war game in eastern Europe since the end of the cold war. The purpose of the massive drill, according to the Guardian, is for NATO "partner countries to mount a display of strength as a response to concerns about Russia’s assertiveness and actions." The 10-day military exercise dubbed Anaconda-2016, involves 31,000 troops and thousands of vehicles from 24 countries.
Authored by Eric Zuesse, via The Saker,
Actions speak louder than mere words, and U.S. President Barack Obama has now acted, not only spoken. His action is to refuse to discuss with Russian President Vladimir Putin, Russia’s biggest worry about recent changes in America’s nuclear strategy - a particularly stunning change that is terrifying Putin.