China, Russia Deploying ‘Sharp Power’ to Quietly Penetrate Democracies

Russian President Vladimir Putin shakes hands with China’s President Xi Jinping / Getty Images

 

Sharp power centers on distraction and manipulation

China and Russia have spent billions of dollars over the past decade on state-run propaganda campaigns disguised as commercial ventures in an effort to shape public opinion and policy debates in democracies around the world, according to a new report by the National Endowment for Democracy.

To accomplish this, Beijing and Moscow have deployed a diverse array of tools, including people-to-people exchanges, cultural activities, educational programs, and the development of media enterprises with global reach.

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Facebook-Germany to test “fake news” filter ahead of federal election

In the coming weeks, German users of Facebook will be able to report a story as “fake” to an independent fact-checking organization which may tag it as “disputed,” as a warning to users. The network plans to apply this filtering system in the run-up to Germany’s federal election in September. Facebook is concerned about a new law proposed in Germany to levy a €500,000 ($523,320) fine for every single piece of misinformation published and not removed by the network within 24 hours. Continue reading

This Looks Like the 2008 Stock Market Crash All Over Again

U.S. markets logged their fifth straight week of gains last week, pushing the Dow and S&P 500 into positive territory for the first time in 2016. But despite those gains, the fears of a stock market crash are still very real.

In fact, Money Morning Capital Wave Strategist Shah Gilani says this rally reminds him of the one that preceded the 2008 stock market crashContinue reading

Moscow and the Nazi International

Alexander Dugin, the Russian geopolitical theorist and advisor to President Putin, has said that the twentieth century was “the century of ideology.” It was, as Nietzsche predicted, a century in which ideas (and ideologies) warred against one another. The three warring factions were, in order of their appearance: liberalism (of the Left and Right), communism (as well as social democracy), and fascism (including Hitler’s National Socialism). These three ideologies fought each other “to the death, creating, in essence, the entire dramatic and bloody political history of the twentieth century.” According to Dugin, liberalism came out the winner by the end of the last century. Yet victories of this kind are rarely permanent. In fact, Dugin tells us that liberalism has already disintegrated into “postmodernity.” With its focus on the individual, Dugin argues that liberalism has led to globalization, and globalization means that man is “freed from his ‘membership’ in a community and from any collective identity….” This happened because a mass of human beings, “comprised entirely of individuals, is naturally drawn toward universality and seeks to become global and unified.” Even now this impetus toward globalization coincides with the glorification of total freedom “and the independence of the individual from any kind of limits, including reason, morality, identity … discipline, and so on.” The result, says Dugin, is Francis Fukuyama’s “End of History.” But let us not be fooled, Dugin explains. History doesn’t really end. What has really happened, in fact, is the realization that liberalism’s triumph has been a disaster for humanity. It is a disaster for the individual because the individual has lost his moorings. It is a disaster for freedom, because we are now under the “tyranny of the majority.” It is a disaster for our economy, because spoliation is the emerging market principle. And those who wish to preserve their racial, national, or religious identities are set down as enemies by a political correctness as deluded as it is bloodless. Continue reading

Banks accused of rigging silver price

Deutsche Bank, HSBC and Bank of Nova Scotia have been accused of attempting to rig the price of silver, in a lawsuit filed in the US.

The plaintiff alleges the banks, which set the price of silver each day, abused their position in the market.

The lawsuit follows similar filings in the gold price-fixing market. Continue reading

“Major Shortage Of Physical Gold” Has Fed Greatly Concerned

As the world awaits the Fed’s decision, today a 42-year market veteran told King World News there will be no tapering and that the gold will soar “after the Fed has surprised the market tomorrow.”  Greyerz also warned KWN that to further complicate matters for the Fed, there is a “major shortage of physical gold” ahead of their decision.  Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say.

Greyerz:  “Eric, it is important to consider what the truly important factors are that will determine what will happen to the world, its people, and to the global economy.  If we look around, what do we find?  We find a world that is financially, politically, and morally bankrupt. Continue reading