The Logic of Paper Money, Debt, and Gold

The Logic of Paper Money, Debt, and Gold

Two red-shouldered hawks are nesting in our backyard along with several squirrels. Hawks hunt squirrels – death from above via flying predators. Conclusion: We will soon have fewer squirrels. Politicians get elected by telling people what they want to hear. Politicians are (usually) funded by large corporate interests, particularly the banking industry and military contractors….

US Concerned Over Intercepts of Planes ‘Violating Russia, China’s Security’

Source: sputniknews.com Washington has recently increased reconnaissance flights near Russia’s and China’s borders, while accusing Moscow and Beijing of intercepting US spy planes that are “violating their national security.” Last week Chinese military aircraft interceprted US reconnaissance planes near the island of Hainan and the upcoming conference on mechanisms of maritime military security on June 24-25 is thought to prove the “capabilities…

NATO shows Putin who’s boss

NATO shows Putin who’s boss

31,000 troops, tanks and jets from 24 countries begin the largest war game exercise in eastern Europe since the Cold War in response to Russian aggression Two-week long Anaconda manoeuvres are aimed at ‘checking the alliance’s ability to defend its eastern flank’ Britain has 1,000 troops involved with 12,000 from Poland and 14,000 from U.S…

UPDATE 2-Assad vows to fight on, says Aleppo to be Erdogan’s graveyard

Source: reuters.com * Assad vows to fight on, win back all Syria* Says Aleppo will be graveyard for Erdogan’s “dreams”* Russia has vowed strong support for government near Aleppo (Adds Assad remarks on peace talks, context)BEIRUT, June 7 President Bashar al-Assad vowed on Tuesday to fight on in what he called Syria’s war against terrorism, showing…

Royal Navy’s most advanced destroyers break down in the Gulf because the water is too WARM, bungling defence chiefs admit

Royal Navy’s most advanced destroyers break down in the Gulf because the water is too WARM, bungling defence chiefs admit

Type-45 destroyers can conk out in water warmer than Portsmouth Harbour The £1bn ships are being retrofitted with diesel motors for back up power The Ministry of Defence has insisted the vessels are safe to deploy  But former First Sea Lord Admiral West slams the failure to find errors  Britain’s £1billion a piece Type-45 Destroyer…