Having failed to "rebalance" the oil market in the first six months following the implementation of the Vienna production cut agreement, with crude inventories in the US hitting all time highs in the interim...
Authored Op-Ed by Pepe Escobar via SputnikNews.com,
James Shea, Deputy Assistant Secretary of Emerging Threats at NATO – now that’s a lovely title – recently gave a talk at a private club in London on the Islamic State/Daesh. Shea, as many will remember, made his name as NATO’s spokesman during the NATO war on Yugoslavia in 1999.
After his talk Shea engaged in a debate with a source I very much treasure. The source later gave me the lowdown.
Secret government ‘nuclear trucks’ that transport nuclear weapons for the military have been spotted along numerous highways across the U.S. Unknown to most people, the U.S. government regularly move around weapons-grade plutonium, uranium, nuclear bombs [...]
AS a result of countless failures by central banks to normalize monetary policy over the past 7 years, the market - especially bonds and rates - has become openly cynical and outright skeptical regarding the possibility of a successful renormalization of policy by global central banks. After all, Japan has been trying to do that for over 30 years and has yet to succeed; the ECB hiked in 2011 resulting in near collapse of the Eurozone.
Forget the deplorables; ignore the hollowing out of America's middle-class; dismiss the non-recovery in the nation's labor force; because 'everything must be awesome' in the United States - they're drinking the most champagne since the market top in 2007.