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Britain’s Johnson Tries to Roam the Globe
Britain isn’t flourishing, and Johnson’s silly pretensions in that regard are only lowering the UK’s standing even further — all round the globe.
Trust is Failing On Both Sides of the Pond
I’ve been warning for a while now that we are pushing towards an inflection point in history. With each passing week it feels like events are accelerating as change to the status quo is everywhere. In Europe, the EU leadership and Theresa May are so desperate to stop Brexit they can’t stop lying about everything….
Clubs, Cartels, and Bilderberg
“After decades of neoliberalism, we are at the mercy of a cluster of cartels who are lobbying politicians hard and using monopoly power to boost profits.” Joseph Stiglitz, The Price of Inequality (2012) The emergence of think tanks was as much a symptom of liberal progress as it was a nervous reaction in opposition to…
De-Petrodollar-ization Esclates – China Imports Record Amount Of Russian Oil In April
We have reported for years that Russia and China have been doing everything they can to displace the use (and influence) of the US dollar. The US of course, either oblivious or too arrogant to care, has continued to bring Russia and China together by annoying both equally with its incessant meddling. Recall that recently both China and Russia have had to warn…
BREXIT – Yes or No – A Deal Prearranged Three Years Ago
Prime Minister Boris Johnson came back from Brussels with a deal better than any Theresa May ever achieved, so he says. His talks with the departing European Commissioner, Jean-Claude Juncker, were very fruitful. But precise details are never known. Juncker, emotional about his leaving and handing over the office of EU Commissioner on 1 November…
War on Cash Intensifies: Citibank to Stop Accepting Cash at Some Branches
Less than a week after India’s surprise move to scrap its highest denomination cash notes, another front in the War on Cash has intensified down under in Australia. Yesterday, banking giant UBS proposed that eliminating Australia’s $100 and $50 bills would be “good for the economy and good for the banks.” (How convenient that a…