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“China Should Prepare For Nuclear Conflict”: Beijing Warned To Be Ready As War On Korean Peninsula “Possible At Any Time”

Chinese government advisors and a senior military officer warned Beijing that it must be ready for a war on the Korean peninsula, with the risk of conflict higher than ever before, the SCMP reported on Saturday. They also warned that Beijing, once seen as Pyongyang’s biggest ally with influence over its neighbor, was losing control […]


Debunking The Myths About An Attack On North Korea

Submitted by The Saker, First, the bragging dummies Trump and Haley are still at it.  They want to force China to take action against the DPRK by threatening to take North Korea “into their hands” if China refuses to comply.  Haley said, “But to be clear, China can do more, (…) and we’re putting as much […]


Trump Set To Accuse China Of “Economic Aggression” On Monday

Just a few short days after Chinese regulators gave the greenlight to petro-yuan futures trading, signaling an escalation in the war against dollar hegemony, President Trump is reportedly set to accuse China of "economic aggression" in efforts to "undermine international order" during his national security strategy speech on Monday. The last week has more intriguing […]


Chinese Navy Begins Live-Fire Drills Off Korean Peninsula

Earlier this week, Seoul asked the US to delay joint military exercises with Japan until after the Winter Olympics, ostensibly to avoid provoking North Korea ahead of the 2018 Winter Games. The timing of the request is suspicious – having coincided with Secretary of State Rex Tillerson’s announcement that the US has offered to begin […]


Frontrunning: December 15

Some GOP Senators Press for Late Changes in Tax Bill (WSJ) Here’s Where the GOP Tax Plan Stands Right Now (BBG) Harvard Endowment Chief Pushed for Steeper Devaluation of Assets (WSJ) Net neutrality repeal gives Democrats fresh way to reach millennials (Reuters) With Fox Deal, Disney Adds Hulu to Its Digital Kingdom (WSJ) Treasury Yields […]


South Korea Braces For Terrorism At The 2018 Winter Games

It’s difficult not to empathize with South Korea right now: The country is preparing to host the Pyeongchang winter games in February – a moment of immense national pride – as the risks of a terrorist attack (not to mention nuclear annihilation) have intensified. To wit, Reuters reports that the South Korean government is taking […]


PCR: “In A Triumph For Feminism Police Say A Mistletoe Kiss Without Consent Is Rape”

Authored by Paul Craig Roberts, Criminalizing a bit of Christmas fun has to make you wonder… Is there any aspect of our life left into which the police state does not intrude? Parents are regulated as to how they discipline their children. Spankings that were the tool of choice in my day are now illegal. […]


Lindsay Graham Warns “70% Chance Of War” If Kim Tests Another Nuke

Authored by Ryan Pickrell via The Daily Caller, The odds that the U.S. will attack North Korea are disconcertingly high, Republican Sen. Lindsey Graham revealed. “There’s a three in 10 chance we use the military option,” Graham told the Atlantic on Wednesday, adding that he “would say 70 percent” if North Korea conducts a seventh nuclear test. […]


Stephen Roach Warns “Complacency Will Be Tested In 2018”

Authored by Stephen Roach via Project Syndicate, Despite seemingly robust indicators, the world economy may not be nearly as resilient to shocks and systemic challenges as the consensus view seems to believe. In particular, the absence of a classic vigorous rebound from the Great Recession means that the global economy never recouped the growth lost […]


‘Risk’ May Be Low But Uncertainty Over “Unknown Unknowns” Just Hit Record Highs

While the fear-tracking VIX has been languishing near record lows this year, a gauge of so-called ambiguity, meant to chronicle the degree of uncertainty investors have in the probabilities they use to make decisions, has been at all-time highs in recent months, indicating that there’s more fear built into the stock market than common measures […]


Stocks Rebound From “Bama Shock”, All Eyes On Yellen’s Last Rate Hike

After an early slide last night following the stunning news that Doug Jones had defeated Republican Roy Moore in the Alabama special election, becoming the first Democratic senator from Alabama in a quarter century and reducing the GOP’s Senate majority to the absolute minimum 51-49, US equity futures have quickly rebounded and are once again […]


Satellite Images Show North Korea Building New Tunnel At Nuclear-Test Site

Despite earlier hope amid Tillerson's comments on diplomacy with North Korea, a new batch of satellite images suggests that North Korean leader Kim Jong Un is ignoring warnings from Chinese (as well as American and South Korean) scientists and instead pressing ahead with the country’s nuclear testing regimen at Punggye-ri, a facility situated in the […]


After Shocking Tillerson Reversal, North Korea Agrees “It Is Important To Avoid War”

Just two weeks after North Korea once again put the world on nuclear war alert by launching its most advanced Intercontinental Ballistic Missile (ICBM) to date – which experts believe could reach New York or D.C. with a nuclear payload – Secretary of State Rex Tillerson in surprising statements Tuesday indicated that the US would […]


Pat Buchanan Asks “What Should We Fight For?”

Authored by Patrick Buchanan via Buchanan.org, “We will never accept Russia’s occupation and attempted annexation of Crimea,” declaimed Rex Tillerson last week in Vienna.   “Crimea-related sanctions will remain in place until Russia returns full control of the peninsula to Ukraine.” Tillerson’s principled rejection of the seizure of land by military force – “never accept” […]


North Korea Hacks Exchanges Attempting To Steal Bitcoin As Prices Surge

Authored by Mac Slavo via SHTFplan.com, The value of soaring crypto-currencies is creating a bubble financial analysts continue to warn about, but it’s also making it overly appealing to cyber thieves.  North Korean hackers are now attempting to steal bitcoin, as experts warn of an impending financial dilemma. Ashley Shen, an independent security researcher, said: “We […]