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Why is the media so fixated on Sweden's coronavirus policy? What difference does it make? Sweden settled on a policy that they thought was both sustainable and would save as many lives as possible. They weren't trying to 'show anyone up' or 'prove how smart they were'. They simply took a more traditionalist approach that... Read More
How do the Democrats benefit from the nationwide Black Lives Matter protests? While the protests are being used to paint Trump as a race-bating white supremacist, that is not their primary objective. The main goal is to suppress and demonize Trump's political base which is comprised of mainly white working class people who have been... Read More
The imposition of the nationwide lockdowns required elite consensus. There's no way that a project of that magnitude could have been carried out absent the nearly universal support of establishment elites and their lackeys in the political class. There must have also been a fairly-detailed media strategy that excluded the voices of lockdown opponents while--... Read More
Tucker Carlson is right, the protests and riots are not a momentary civil disturbance. They are an attack the Constitutional Republic itself, the heart and soul of American democracy. The Black Lives Matter protests are just the tip of the spear, they are an expression of public outrage that is guaranteed under the first amendment.... Read More
Does anyone believe the nationwide riots and looting are a spontaneous reaction to the killing of George Floyd? It's all too coordinated, too widespread, and too much in-sync with the media narrative that applauds the "mainly peaceful protests" while ignoring the vast destruction to cities across the country. What's that all about? Do the instigators... Read More
Americans are deeply troubled by the sadistic killing of George Floyd, but they're also worried about the nationwide protests. According to a recent Wall Street Journal/NBC News survey, 80 percent of those who were polled think the country is spiraling out of control. This is an unsustainable situation. People want justice for Mr Floyd, but... Read More
Why is the media so preoccupied with Sweden? And why is the media so determined to prove that Sweden's approach to the coronavirus is wrong? Are we supposed to believe that the same MSM that promoted every bloody coup, intervention and war for the last 30 years has suddenly become a selfless advocate for elderly... Read More
Economic activity across the country has collapsed, GDP is shrinking at the fastest pace on record, and the economic data is worse than anytime in history. Every sector of the economy is contracting and every economic indicator is pointing down. According to economist Nouriel Roubini, the country is headed towards a decade of "depression and... Read More
Donald Trump calls the media "the enemy of the people", but it's much worse than that. The media is a national security threat. Just look at the way they've handled the coronavirus. The hysterical 24-7 coverage has people so terrified they've locked themselves in their homes inflicting catastrophic damage on the economy. That disaster never... Read More
In a pandemic, there is no substitute for immunity, because immunity provides the best protection against reinfection. That's why Sweden set its sights on immunity from the very beginning. They crafted a policy that was designed to protect the old and vulnerable, prevent the public health system from being overwhelmed, and, most important, allow younger,... Read More
At present, there is no vaccine for the coronavirus. That means that one of the two paths to immunity is blocked. The other path is “herd immunity,” in which a critical mass of infection occurs in lower-risk populations that ultimately thwarts transmission. Herd immunity is the only path that is currently available. Let that sink... Read More
Most of the United States is still under lockdown, but why? What is the purpose of the policy? We've had the "flatten the curve" meme pounded into our brains for so long, that most people think it's the objective of the policy, but is it? Flattening the curve is a worthy goal, but preventing the... Read More
How do you measure success in dealing with an illness for which there is no cure? This is the question we need to ask ourselves before judging which country's approach has been most successful in dealing with the coronavirus. The fact that there is no silver bullet, no vaccine, does not change the fact that... Read More
Can we admit that we were wrong? Can we admit that the coronavirus is not going to kill "hundreds of thousands or even millions" of Americans? Can we admit that the public health system is not going to buckle and collapse? Can we admit that we fashioned our public policy on flawed computer models that... Read More
Sometimes, the best thing to do, is to do nothing at all. Take Sweden, for example, where the government decided not to shut down the economy, but to take a more thoughtful and balanced approach. Sweden has kept its primary schools, restaurants, shops and gyms open for business even though fewer people are out in... Read More
The Russia-Saudi oil-price war is a fabrication concocted by the media. There's not a word of truth to any of it. Yes, there was a dust up at an OPEC meeting in early March that led to production increases and plunging prices. That part is true. But Saudi Arabia's oil-dumping strategy wasn't aimed at Russia,... Read More
Think about that for a minute. What these figures mean is that, if you're over 70 and you're put on a ventilator because you have coronavirus, you're probably going to die. More importantly, it means that it was probably the ventilator that killed you. Isn't that something the public ought to know? I think it... Read More
There's no doubt that the Coronavirus is a serious infection that can lead to severe illness or death. There's also no doubt that 'virus hysteria' has been used for other purposes. Wall Street, for example, has used virus-panic to advance its own agenda and get another round of trillion dollar bailouts. In fact, it took... Read More
Henry Kissinger thinks the Coronavirus is a threat to his precious New World Order, so he wants President Trump to do whatever he can to protect the system. In an opinion piece that was published in the Wall Street Journal on Friday, the former Secretary of State urged Trump to launch a grand project, like... Read More
1-- Unemployment is off-the-charts Thursday's jobless claims leave no doubt that the country is in the grips of another severe recession. More than 6.6 million Americans filed for unemployment insurance in the last week. That number exceeds the gloomiest prediction of more than 40 economists and pushes the two-week total to an eye-watering 10 million... Read More
Donald Trump called Russian president Vladimir Putin on Monday to discuss plunging oil prices that are wreaking havoc on America's shale oil industry. The two leaders talked briefly about the coronavirus pandemic but quickly switched to Trump's real concern which is oil production. For the last month, Saudi Arabia has been flooding the market with... Read More
Vladimir Putin has decided how Russia is going to pay for the corona-virus. He's going to tax the rich. It's a remedy that most Americans would support if they were given the choice, but they weren't asked. Instead, Congress passed a $2 trillion stimulus package for which the American taxpayer will be held entirely responsible.... Read More
The Senate's $2 Trillion Coronavirus Relief Package is not fiscal stimulus and it's not a lifeline for the tens of millions of working people who have suddenly lost their jobs. It's a fundamental restructuring of the US economy designed to strengthen the grip of the corrupt corporate-banking oligarchy while creating a permanent underclass that will... Read More
Imagine if the congress approved a measure to form a public-private partnership between the US Treasury and the Federal Reserve. Can you imagine that? Now imagine if a panicky and ill-informed Congress gave the Fed a blank check to bail out all of its crooked crony corporate and Wall Street friends, allowing the Fed to... Read More
The Fed is reopening its most controversial and despised crisis-era bailout facility, the Primary Dealer Credit Facility. The Wall Street Journal describes the PDCF as "an overnight loan facility for primary dealers (that) provides round-the-clock backup source of funding to banks." The WSJ's description grossly understates the facility's real purpose which is to transfer the... Read More
1-- Investors are cashing in and heading for the exits According to Bloomberg News: "Investors made their biggest dash for cash in history" in the last week. "They channeled $137 billion into cash-like assets and a record $14 billion into government bonds in the five days through March 11.....(while) money managers are liquidating en masse."... Read More
On Thursday, the Federal Reserve announced its biggest market intervention to date, a massive $1.5 trillion injection into the short-term funding markets ("repo") aimed at preventing grossly-inflated stock valuations from resetting at lower prices. There should be no misunderstanding about the Fed's real intention or whether its meddling will work. When financial assets are purchased... Read More
The media has decided that the reason oil prices are plunging, is not because the impulsive Saudis want to bully Russia into output cuts that aren't in Russia's best interests, but because sinister Mastermind, Vladimir Putin, wants to obliterate America's domestic oil industry so he can rule the world. For brainwashed Americans, who believe that... Read More
Last week's violent gyrations in the stock market are the result of a tug-of-war between two well-represented groups of investors. One group thinks the Coronavirus will severely impact the global economy pushing stocks further into the red, while the other group believes the Fed will intervene in the market once more and save the day.... Read More
The media has done a poor job of explaining what's actually taking place in Idlib Province in Syria. That's unfortunate, but the facts are pretty clear. A year and a half ago, Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan made a deal in Sochi. No one twisted Erdogan's arm to sign the... Read More
Imagine if stock prices decoupled from the real economy and steadily rose on the back of central bank policy. Imagine if a decade of historic low rates, perennially-optimistic forward guidance and trillions of dollars in bond purchases triggered the longest rally in Wall Street history. Imagine if investors shrugged off bad news, (flagging GDP, poor... Read More
There's a chance that the coronavirus will be contained in the United States and that fewer people will be infected than in China or Iran. But there's also a possibility that the highly-contagious virus will spread and that there will be sporadic outbreaks across the country. If this latter scenario takes place, then the ructions... Read More
There are three main reasons why stocks are falling hard. 1-- Uncertainty. It's impossible for investors to gauge the economic impact of the rapidly-spreading coronavirus or its effect on stock prices. Investors buy stocks with the expectation that their investment will grow over time. In periods of crisis, when the environment becomes unfamiliar and opaque,... Read More
Monday's 1,000 point bloodbath was followed by Tuesday's 879 point rout, lobbing 8% off total market value in less than 48 hours. The two-day drubbing has left traders and fund managers in a state of shock. Growing pessimism and uncertainty are pushing markets to the brink of a vicious downward spiral which will lead to... Read More
The Trump administration's appalling treatment of Huawei shows that the United States will risk anything, even a nuclear conflagration with China, to maintain its tenuous grip on global power. Huawei is China's behemoth technology company that has recently come under fire by the Trump administration for violating sanctions against Iran and for providing network equipment... Read More
The threats to human survival have never been greater than they are today, but the attachment to a crumbling order is blocking the way forward. Unless leaders settle on a new approach that guarantees security for everyone, the crises will continue to intensify bringing the world's two superpowers closer to war. Following the dissolution of... Read More
Globalization is one of the great issues of our time. The erasure of national borders, the weakening of sovereign governments and the impoverishment of workers across the developed world has triggered a massive populist backlash that threatens to roll back the economic-integration scheme that places Capital at the head of a new global order. Widespread... Read More
An explosive situation is developing in Idlib province where the Syrian army is conducting a major offensive that has triggered a harsh response from Turkey. Turkish President Recep Tayyip Erdogan is threatening to attack Syrian forces anywhere in the country if the Syrian government does not stop all military operations in the so-called Idlib "de-escalation... Read More
When investors buy stocks, stock prices rise. That is the immutable law of the market. It doesn't matter if the money comes from big financial institutions, Mom and Pop day-traders or Central Banks. The same rule applies: Buy more stocks and prices go higher. So when the Federal Reserve launched its recent "repo rescue" operation,... Read More
The unexpected alliance between Turkey and Libya is a geopolitical earthquake that changes the balance of power in the eastern Mediterranean and across the Middle East. Turkey's audacious move has enraged its rivals in the region and cleared the way for a dramatic escalation in the 9 year-long Libyan civil war. It has also forced... Read More
A five-alarm fire has broken out in a little known, but critically important area of the financial system where high-quality bonds are swapped for cash. The "repo" market, which is short for repurchase agreements, is part of the nondeposit, shadow banking system that remains largely unregulated despite the fact that it was ground zero in... Read More
Western elites and their lackeys in the media despise Russian president Vladimir Putin and they make no bones about it. The reasons for this should be fairly obvious. Putin has rolled back US ambitions in Syria and Ukraine, aligned himself with Washington's biggest strategic rival in Asia, China, and is currently strengthening his economic ties... Read More
The Trump administration is threatening to destroy Iraq's economy by withholding a critical source of money that is controlled by the Federal Reserve. The threat is a response to the Iraqi parliament's unanimous decision to end Washington's 17 year-long military occupation. The Iraqi people and their representatives in parliament are incensed by the recent assassination... Read More
America's "shadow president", Mike Pompeo, has acknowledged that the assassination of Iran's highest-ranking military general, Qassem Soleimani, was part of a broader strategy to restore "real deterrence" by eliminating presumed enemies of the United States. Pompeo's comments at Stanford University’s Hoover Institute on January 13, put to rest earlier claims that the Iranian general had... Read More
He was a brilliant front-line commander and a tactical genius whose "intuitive sense of the battlefield made him one of the greatest generals in history." During the First World War, he pioneered the rapid advances and flanking maneuvers that would become his trademark decades later. In August 1914, as a platoon commander, he captured a... Read More
Donald Trump is under the illusion that the fracas with Iran is over. He thinks that Iran's pinprick missile strikes on US bases in Iraq have assuaged Tehran's thirst for revenge. But he's wrong. The missile strikes were merely the first salvo in an epic cage match between Iran's Axis of Resistance and its 70... Read More
The Turkish army did not invade Syria to attack the Kurds. That's simply not true. The actual target of the Turkish operation (Peace Spring) was a group of separatist militants (The YPG) who have waged a bloody 30 year-long terrorist war on the Turkish state killing upwards of 40,000 people. With the assistance of US... Read More
For the last two and a half years, the Democrats have led the country on a wild goose chase that has been a complete waste of time and achieved absolutely nothing. The absurd conspiracy theory that the President of the United States was an agent of the Kremlin has been thoroughly debunked by the Mueller... Read More
Sometime in the next 4 weeks, the Justice Department's inspector general will release an internal review that will reveal the origins of the Trump-Russia investigation. Among other matters, the IG's report is expected to determine "whether there was sufficient justification under existing guidelines for the FBI to have started an investigation in the first place."... Read More
Your Geopolitical Quiz for the Day: Two countries are embroiled in a ferocious rivalry. One country's meteoric growth has put it on a path to become the world's biggest economic superpower while the other country appears to be slipping into irreversible decline. Which country will lead the world into the future? Country A builds factories... Read More
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