Before the 19th Party Congress concludes, let me brief you on some housekeeping issues that are scheduled to be affirmed. The Double Doubling This is an affirmation that, by 2020, China will have doubled its 2010 (1) overall GDP, and (2) average per capita GDP of the rural population. The second target is to ensure […]
The Party and the People This week, the Communist Party of China (“CPC”) will convene its 19th Party Congress. It is the assembly of Party representatives held every five years to choose its leaders. In March next year, the representatives of the people of the various ethnic nationalities of China will gather for the 13th […]
Issuing extremely cryptic messages to the press corps after a dinner with some of the nation’s top military commanders, Donald Trump appears to go out of his way to ask in a throaty, alluring tone, “you guys know what this represents?” After a reporter asks what he means he replies in a sort of throaty, teasing tone, “Maybe it’s the calm before the storm.”
Legacy Of The Cultural Revolution With China’s upcoming 19th Party Congress in mid-October, approximately half of the people known as the Lao San Jie （the “LSJ”）老三届, or the Three Oldest Classes, will begin to retire from China’s top leadership. Born between 1947 and 1952, the LSJ were the oldest kids in junior and senior high […]
Investors will watch to see the latest details out of President Trump’s proposed tax reform as we start the last quarter of the year. On the economic front, we have ISM Non-Manufacturing PMI, the Unemployment Rate, Non-Farm Payrolls and Average Hourly Earnings. Non-Farm Payrolls & Unemployment Rate: Non-Farm Payrolls, the Unemployment Rate and Average Hourly Earnings […]
The modern media landscape provides a never-ending stream of contradictions, absurdities, and outright distortions, each one further damaging the public trust in traditional news outlets. Most are honest mistakes made by jaded corporate journo-masturbators in the breathless pursuit of ratings and clicks, but media manipulation and idiocy are also sometimes the products of Deep State meddling.
As the absurd “controversy” of Trump’s culture war with the NFL rages on, both sides are screaming about racism and free speech while just about everybody misses the absurdist irony of the entire affair. In case you’ve been living in the remote ice caves of Antarctica, it all more or less started when NFL player […]
Now that China has made some moves (see previous post on “Currency Matters“), and the relative strength of the US and China are changing dramatically, it is time to expound upon the idea of a US-China Currency and Monetary Cooperative Framework (the “Framework”). The following is just a preliminary brief skeletal summary, to get the […]
Aside from Libertarian stalwarts like Ron Paul, and commentary from the likes of Michael Krieger and Zero Hedge, all of whom continue to ring alarm bells, civil libertarians and conservatives seem to have become much quieter under the Trump administration. I suspect a couple of major reasons for this: for one, complacency in their perception […]
Investors will continue to pay attention to the saber rattling between the Rocketman (Kim Jong Un) and the Mentally Deranged Dotard (President Trump). On the economic front, we have Consumer Confidence, Durable Goods. Ze German Elections: On Sunday (9/24), Germans went to the pols to elect members to the German Federal Parliament. From this they […]
Nothing like giving terror sponsors, and some may be good sponsors, a platform to speak from. New York will be turned into a parking lot for the United Nations General Assembly as investors concentrate on this week’s Fed statement. On the economic front, we have Building Permits and the Philly Fed. The North east […]
With a massive police preparation hoping for the best, but readying for the worst, all are thankful in Richmond, VA today that the rally is now winding down and no violence was committed. Despite signs with crossed-out swastikas and chants like “No Trump, No KKK no Fascist USA,” some of the pro-Confederate rallyers were eager […]
If you control food, you control people. If you control oil, you control nations. If you control currency, you control the world. – Henry Kissinger Guarding The Old Order The above is a famous quotation that some believe underlies Kissinger’s geopolitical realism, from the standpoint of the oligarchs of financial capitalism whom he serves. Ownership […]
Saudi Arabia thought it could sustain depressed oil prices around $50 (and maintain market share) for quite a while, but perhaps NOT this long. Around $75/barrel is regarded as their national finance break-even point. Plan “A” was to spend their way out of an oil price drop using an arsenal of its financial assets as well as […]
Investors will look at the damage from Hurricane Irma as insurance companies (and hedge funds) start to close their eyes and we start the cleanup process. On the economic calendar, we have CPI, Retail Sales and PPI. Hurricane Aftermath: After destroying islands in the Caribbean last week, Hurricane Irma made landfall this weekend along the west […]
As Labor Day weekend in the US is the official end of summer, we should start to see volumes pick up again in the stock markets over the next few months. On the economic front, we have a quiet week with ISM Non – Manufacturing PMI. Investors will also look to see if we have […]
The deterioration in public perception of the extreme left’s moral high ground appears to have picked up pace, all thanks to Antifa.
As Harvey continues to dump excessive amounts of rain in Texas, we have another relatively quiet week ahead until Friday. Then, we fade into the last weekend of summer and the long Labor Day weekend. Traders will also continue to assess the damage from Hurricane Harvey. On the economic front, we have Manufacturing PMI, the […]
With major “newspapers of record” like the New York Times and Washington Post facing the very real threat of financial destruction, they’ve more than ever become Deep State vanity presses owned by mega-billionaries like Carlos Slim (NYT) and Jeff Bezos (WaPo).
Worse yet, due to doors opened by the likes of NAFTA and Clinton-era telecommunications reform, nearly all major news media have been consolidated into only six mega-conglomerates. Perhaps, then, the further degradation of an already-troubled field shouldn’t be surprising.
by Carla at The Right Side of Truth Censorship is a first step towards a totalitarian dystopia and the total reign of ignorance. No matter how good intentions might be, Americans, and everyone else around the world, must remain vigilant to the ever-more concerted efforts to censor information and ideas, regardless of how disagreeable they […]
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