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How The US Could Win A Trade War With China

Submitted by Valentin Schmid vai The Epoch Times,

President-elect Donald Trump talks tough on China and has appointed trade hawks Wilbur Ross and Peter Navarro to key positions in his administration. He has threatened to slap a blanket tariff on Chinese goods, and he has spoken directly to Taiwan’s president, something previously regarded as a major diplomatic offense.

According to “Road to Ruin” author James Rickards, this is Trump’s way of opening the negotiations with China to reach a mutually beneficial trade relationship.

End Of The US Empire? Russian Warships Just Arrived In The Philippines

Submitted by Darius Shahtahmasebi via TheAntiMedia.org,

Notable American foreign policy critic and linguist, Professor Noam Chomsky, has stated numerous times that the United States’ power has steadily been declining since the end of World War II. As Chomsky notes, in 1945, the United States had “literally half the world’s wealth, incredible security, controlled the entire Western Hemisphere, both oceans, [and[ the opposite sides of both oceans.”

US Oil Rig Count Rises To 1 Year Highs

US Oil Rig Count Rises To 1 Year Highs

US oil rig counts have now risen for 30 of th elast 32 weeks (up 4 to 529 today) - the highest in a year...

Following lagged oil prices and leading US crude production higher...

 

While the market continues to ignore this data (for now), we note that if the codependence remains, then OPEC will need to slash output further to balance the market as US shale output is not dropping any time soon.

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