Authored by John Curran via Barrons,
The petrodollar system is being undermined by exponential growth in technology and shifting geopolitics. What comes next is a paradigm shift...
The Unraveling of American/Russian Relations
Paul Craig Roberts
Dear Readers: I agree that the official Las Vegas story seems to be unraveling. A public mass shooting should be transparent, not opaque. I think we explored the story long enough to discover that without knowing the facts, we cannot arrive at an explanation with confidence.
The United States is the undisputed capital of the unicorn - private companies worth more than $1 billion. This title though, is becoming more and more under threat, primarily from China.
You will find more statistics at Statista
As Statista's Martin Armstrong notes, according to CB Insights, there are currently 215 unicorns in the world, of which 108 are from the U.S.
When it comes to the 'birth' of new unicorns however, America's strength is clearly being diluted.
In a rare, successful attack on one of the most advanced US offensive weapons, a US drone has reportedly been shot down over Afghanistan. The Islamic Emirate of Afghanistan (Voice of Jihad) reports that Mujahideen of the Islamic Emirate shot down an unmanned aerial vehicle (UAV) said to be operated by the United States. The rea
Authored by John Mauldin via MauldinEconomics.com,
The projected total US debt will be $30 trillion within 10 years, using the CBO’s own numbers. But the CBO also makes the rosy assumptions that there will be no recessions and that GDP will grow at a 4% nominal rate.
Now, that’s possible; I'm inclined to haircut it a bit.