In a post-American trade war, this emerging bloc will wield devastating power.
Stories of international angst over United States President Donald Trump’s protectionist approach are becoming more commonplace. Mr. Trump’s “buy American, hire American” catchphrase sounds good for many at home, but abroad, it is prompting a weighty reorganization of international trade relationships. And long term, the result will be a trade war that will prove ruinous to the U.S.
World trade has changed a great deal over the last several decades. The international community at large no longer depends on America’s giant import expenditures and exports. Parag Khanna of Politico wrote:
As Americans, it’s easy to assume that global trade still depends on America as the consumer of last resort. But that’s no longer true. In fact, the majority of trade in emerging-market nations is with each other, not with the U.S. In 1990, emerging economies sent 65 percent of their exports to developed nations like the U.S. and Europe, and only 35 percent to other developing countries. Today, that figure is nearly reversed.Continue reading →
The enemy isn’t at the gate. The enemy is within the gate. The enemy within the gate isn’t in the trojan horse. The enemy within the gate has left the trojan horse and is now doing its job of gutting America.
America itself hasn’t woken up and is following mostly the Kardashians. That small portion who aren’t following the Kardashians are three steps behind in thinking the enemy is at the gate.
America is being purged and in trouble with deep wounds that may not be curable.
The growing scandal over cooked ISIS intelligence just got much worse. Now, analysts are saying they’re being forced out for not toeing the Obama administration’s line on the war.
Two senior intelligence analysts at U.S. Central Command say the military has forced them out of their jobs because of their skeptical reporting on U.S.-backed rebel groups in Syria, three sources with knowledge of their claim told The Daily Beast. It’s the first known instance of possible reprisals against CENTCOM personnel after analysts accused their bosses of manipulating intelligence reports about the U.S.-led campaign against ISIS in order to paint a rosier picture of progress in the war.
In 1990 former West German Chancellor Helmut Schmidt told me in an interview that massive Islamic immigration into Europe kept him awake at night. Between pinches of snuff, Schmidt said he worried Muslims wouldn’t assimilate, and that this would become a big problem for the continent.
Schmidt’s ruminations are worth remembering following French President Francois Hollande visit to President Obama Tuesday to ask for help in what he has called France’s war on the Islamic State (ISIS). Hollande, who has been much more assertive than his host on defeating ISIS, to say the least, has been candid that “complicity from the inside” is one of the problems he will have to tackle. Continue reading →
Stock markets opened lower on the first day of trading of 2015, and the credit markets that forewarned the 2007 crash are showing signs of strain
The FTSE 100 slid on the first day of trading in 2015. Here are 10 warning signs that the markets may drop further
Vix fear gauge
For five years, investor fear of risk has been drugged into somnolence by repeated injections of quantitative easing. The lack of fear has led to a world where price and risk have become estranged. As credit conditions are tightened in the US and China, the law of unintended consequences will hold sway in 2015 as investors wake up. The Vix, the so-called “fear index” that measures volatility, spiked to 18.4 on Friday, above the average of 14.5 recorded last year. Continue reading →
This is the same former KGB agent that warned Snowden fell for a Russian trap, leading him to believe he was a hero for defecting while all that he really did was put American lives in danger by helping the Russians know what the United States does before it does it. He only ended up making a pawn of himself at best and when there is no more vital information on America being abandoned by his Russian security handlers and left for the wolves. It’s foolish to think you’ll be equal with your new ‘comrades’ and dine at the same table with them, who only will use you as a means to an end — a short-term, but very damaging gain on the U.S. side in this case.
A former KGB agent has said that former Russian spy and celebrity Anna Chapman was ordered by the Russian intelligence service to propose marriage to former NSA contractor Edward Snowden to trap him in Russia, British tabloids have revealed.
MOSCOW, December 8 (Sputnik) — Former KGB agent Boris Karpichkov has announced that Russian ‘femme fatale’ former spy Anna Chapman was ordered by the Russian intelligence service to try and seduce US whistleblower Edward Snowden, the British tabloid the Daily Mirror reported.