No, the U.S. Shouldn’t Play the “Taiwan Card”
John Bolton has some typically bad recommendations for U.S. China policy:
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Art Cashin: This Is "What You Get Before You Slip Into A Crisis"
Via Christoph Gisiger of Finanz Und Wirtschaft,
Wall Street veteran Art Cashin warns that bankruptcies in the US oil industry could cause severe stress in the financial system. He believes the rate hike of the Federal Reserve was a mistake.
The 21st Century: An Era Of Fraud — Paul Craig Roberts
The 21st Century: An Era Of Fraud
Paul Craig Roberts
Iran Will Continue To Upgrade Missiles – Calls US Sanctions Illegal
Iran has denounced new sanctions imposed by the US over its ballistic missile programme calling them illegal and hypocritical.
Equity Futures Rise After Oil Rebounds From 12 Year Lows; US Markets Closed
In the aftermath of the latest Chinese near-panic intervention to keep its currency from an out of control collapse when as reported yesterday, the PBOC announced it would raise the RRR for offshore Yuan deposits, a move which would reduce the amount of the currency available in the market, squeezing supply further (and breaking Hong Kong HIBOR markets again in the process) and making it more difficult and expensive for speculators, the Chinese stock market went exactly nowhere, closing up 0.44% suggesting that when it comes to manipulating asset classes, China can do either stocks or