United States

S&P futures have tracked both European and Asian markets lower, which were dragged down by the big EPS miss and guidance cut reported by Amazon on Thursday. Meanwhile, the pounding of the dollar has resumed with the euro and sterling strengthening against the dollar due to renewed political concerns after this morning's stunning failure by the Senate GOP to pass a "skinny" Obamacare repeal after John McCain sided with democrats.

Authored by Paul Craig Roberts,

America has been a discouraging landscape ever since the neoconservatives took over US foreign policy during the Clinton regime and started the two decades of war crimes that define 21st century America and ever since US corporations betrayed the US work force by moving American jobs to Asia.

The outlook became darker when the Obama regime resurrected the Russian Threat and elevated the prospect of military conflict between the nuclear powers.

Authored by Eric Zuesse via The Strategic Culture Foundation,

It affects both international relations, and America’s domestic policies...

We see it all around us. 

Authored by James Rickards via The Daily Reckoning,

Three-player games are easy to model - it’s always two against one. The art of geopolitics and examining hegemony powers in such situations is to be part of a duo that pressures the remaining player, or, at a minimum, keep the other two players separated.

This is basic balance-of-power politics as practiced since the rise of Napoleon (1799), with antecedents in the Treaty of Westphalia (1648), and Machiavelli’s The Prince (1532).

Admiral Scott Swift, Commander of the US Navy’s Pacific Fleet, said he would obey a hypothetical order to launch a nuclear strike against China if the president chose to give it. As AP reports, the remarks follow the director of the CIA’s recent assessment that Beijing poses a major threat to the US in the long run.

In a rare interview this week, CIA Director Mike Pompeo asserted that China is more of a long-term threat to US national security than any other world power, including Russia.