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Triffin Warned Us

Authored by Lance Roberts via RealInvestmentAdvice.com, Trade negotiations and threatening global tariff volleys are contributing to significant volatility in the financial markets. Although applicable in many ways, the Smoot-Hawley protectionist act of 1930 is unfairly emphasized as the primary point of reference for understanding current events. In 1944, an historic agreement was forged amongst global […]

Brazil Accuses EU Of Instigating “Trade War”, Threatens WTO Complaint

Brazil’s agriculture minister is accusing the European Union of trying to start a trade war with South America’s largest economy after it threatened to cut off imports of domestic Brazilian chicken following a food-contamination scandal Bloomberg reported. With the European Commission set to discuss restrictions on imports from BRF, Brazil’s largest packaged-food producer and leading […]

Our Strange Attraction To Self-Destructive Behaviors, Choices, & Incentives

Authored by Charles Hugh Smith via OfTwoMinds blog, Self-destruction isn’t a bug, it’s a feature of our socio-economic system. The gravitational pull of self-destructive behaviors, choices and incentives is scale-invariant, meaning that we can discern the strange attraction to self-destruction in the entire scale of human experience, from individuals to families to groups to entire […]

BBC Reporter Discourages Syria Questions Due To “Information War” With Russia

Authored by Caitlin Johnstone via Medium.com, A BBC interview is making the rounds today among opponents of western interventionism in Syria. The subject of the interview, Admiral Alan West, voiced some much needed skepticism about the establishment narrative around the alleged gas attack in Douma. Everybody’s talking about it because West is an empire loyalist that nobody […]

Amazon Surges After-Hours As Bezos Reveals “Over 100 Million Paid Prime Members”

In his annual letter “to our shareowners”, Amazon CEO Jeff Bezos said the company has exceeded 100 million paid Prime subscribers and will continue to invest to meet “ever-rising” customer expectations. This is believed to be the first time that any numbers have been ascribed to the “Prime” members… Recent Milestones: Prime – 13 years […]