United States

Will Russia Succumb To Washington’s Economic Attack?

Paul Craig Roberts

Yesterday State Department deputy propaganda spokesperson Mark Toner reminded US companies that there are economic and reputational risks associated with doing business with Russia until Russia gives Crimea back to Washington’s puppet government in Kiev.
http://sputniknews.com/politics/20160524/1040134996/russia-us-business-sanctions.html

I see the matter differently from the US State Department.

Emma Ashford reviews the recent Advancing American Security conference, and adds this:

Follow EM or not? That is the big question that BofAML asks as once again Emerging Market stocks are decoupling (lower) from an exuberant US equity market.

Submitted by David Stockman via Contra Corner blog,

The posse of fools in the Eccles Building is so petrified of a stock market hissy fit that it has more or less created a Wall Street doomsday machine.

After trolling on the zero bound for 89 straight months now, the FOMC falsely believes that it has levitated the U.S. economy to the cusp of full-employment via massive liquidity and wealth effects pumping.

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