U.S. Marines deployed to Norway were told this week to prepare for war. (Getty)
The Commandant of the Marine Corps, during a stop to visit a 300-member detachment of the 2nd Battalion 2nd Marines stationed in Norway, told the men under his charge that a “big-[expletive] fight” is coming and they need to be prepared. Continue reading →
Chinese military and government leaders are revising their contingency preparations for regime implosion in North Korea
Plans now call for the establishment of refugee camps inside Chinese territory
As the potential for conflict between North Korea and the United States and its Asian allies fluctuates by the week, both Chinese military and civil authorities are advocating mobilising for the worst potential contingencies. Local authorities in China’s Jilin province in the northeastern region known as Dongbei, which shares a long border with North Korea, have already made preparations in case they end up being on the front line in a war on the Korean peninsula. Continue reading →
Russia said Thursday that it had completed negotiations with Turkey for the sale of an S-400 air defence missile system, with delivery scheduled for late 2019.
“Practically speaking, the contract is entering the phase of realisation,” said Vladimir Kozhin, a presidential aide who oversees matters of military cooperation. “All parameters, all technologies, the entire deal has been agreed.” Continue reading →
Image credit: Poster Collection, US 3481, Hoover Institution Archives.
The best political commentary out of East Asia last week is the one published on December 15 by South Korea’s second largest newspaper, Dong-A Ilbo. The paper’s editors asked a question on the mind of the entire Korean nation after their president had been outrageously snubbed by the Chinese leadership during his four-day state visit to the communist country, and Korean reporters accompanying their president’s visit were savagely beaten by thuggish Chinese security guards: “China should reflect on this question: why is it that for such a big country, there is hardly any neighbor that can be described as China’s friend?” Continue reading →
No one else I know can muster as much deep experience and insight into the sprawling, incendiary world of geopolitics as my good friend George Friedman, founder and chairman of Geopolitical Futures; and in today’s Outside the Box – part 2 of my 8-part SIC Speaker Series – George brings all his powers to bear to issue quite a declamatory statement on the present and future of the European Union. Continue reading →
QUESTION: I loved your mention of how our money is not “printed”. You are THE ONLY financial expert to mention this. And you can’t understand our economy without understanding Electronic Money. I researched this 3 or four years ago and came up with, .003 physical currency vs the rest as Electronic Money. I later stumbled across an article on the same subject by an economics professor who put the ratio at .0003 physical. SO, who/where/how much/ and by who’s authority is E money created? E money is how the economy is propped up, and the amount is in TRILLIONS UPON TRILLIONS.
ANSWER: That is about correct. However, it is actually much worse. About 40% of the value of the paper currency of the United States circulates outside the USA. In fact, about40%of the debt is also held outside the USA.Continue reading →
President Donald Trump on Monday (December 18, 2017) in what may well be remembered as an historic speech describing his new “America First” National Security Strategy, broke new ground by promising to protect U.S. critical infrastructures from “cyber, physical, and electromagnetic attacks.”
After 8 years of the Obama Administration ignoring the existential threat posed by electromagnetic pulse (EMP), President Trump deserves the gratitude of his nation for being the first president to include EMP in his National Security Strategy. Continue reading →
Current and former employees of the United States’ primary military intelligence agency have publicly accused the agency’s senior watchdog of not doing her job and sabotaging the careers of her subordinates. According to Foreign Policy, which interviewed the disgruntled employees, “no one is policing” the US Defense Intelligence Agency (DIA) at the moment. The DIA is one of the largest institutions in the US Intelligence Community. It collects, analyzes and disseminates foreign military-related intelligence, and has active personnel stationed in over 140 countries. As is the case with every agency in the US Intelligence Community, the DIA’s activities are monitored by an internal office of the Inspector General. The office is tasked with investigating allegations of illegality, mismanagement, fraud, waste and abuse inside the DIA. Continue reading →
Nearly every American household has been affected by a massive data breach that exposed their private information, but few people even know about it yet.
A “cyber risk team” of security researchers with UpGuard says Alteryx left a cloud-based data repository open to online access earlier this year. The Experian consumer credit reporting agency, already involved in one of the biggest data breaches in history, is a partner of Alteryx, a California-based data analytics firm. Continue reading →
TOKYO/BRUSSELS/BERLIN(Own report) – With the conclusion of their free trade agreement, the EU and Japan are about to establish the world’s largest free trade zone. As was reported, the agreement between the two highly export oriented economic blocks, generating nearly 30 percent of the global economic output, could already take effect in early 2019. According to the EU Commission and German economic institutes the Japan-EU Free Trade Agreement (JEFTA) could lead to significant economic growth and the creation of hundreds of thousands of new jobs. On the one hand, the agreement is aimed at making up for eventual slumps on the US market and, on the other, is part of the containment strategy against China, the emerging powerhouse. Despite their differences, Berlin and Washington continue to cooperate in their opposition to Beijing. Parallel to the JEFTA agreement, the EU, Japan and the USA have declared that they will jointly take on China more aggressively over trade issues.