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Controversial Evergreen History Politics Society War

Australia’s Billion-Dollar Wine Industry Devastated by China Sanctions

People's productive, value-adding businesses failing over conflict brought on by entrenched war-lobby interests

Ben Westcott 7 May 21 1960 25

Those Pesky Chinese

China Funds Africa’s Fossil Fuel Renaissance

The West has stopped financing African development over the green cult. Luckily China has stepped in

Vijay Jayaraj 6 May 21 743 4

Brussels Parasites Vow to Kill China Investment Deal the EU Spent 10 Years Begging For, Over Beijing’s Counter-Sanctions

EU 'parliament' is full of Euro-neocons

Finbarr Bermingham 6 May 21 1156 9

The Chip War

After Blowing $84 Billion on Share Buybacks Since 2011 and Now Woefully Behind, Intel Clamors for $50 Billion in Subsidies for US Chip Industry

China doesn't make its own chips — neither does the US

Wolf Richter 6 May 21 726 2

“China Is Not a Cow” — Beijing’s Ambassador to Australia

“China is not a cow. I don’t think anybody should fancy the idea to milk China when she’s in her prime and plot to slaughter it in the end"

Global Construction Review 5 May 21 1023 13

Bad News for Australia: China Doesn’t Need Its Coal, Can Maintain Sanctions Indefinitely

For years China had been quietly building up the north-south logistics for its own coal that allow it to eliminate Australia

Alex Turnbull 28 Apr 21 2089 14

Bubblegeddon

Bernie Madoff Could Have Been Fed Chair or Treasury Secretary

The kind of operation the Fed is running he had a lot of experience in

Schiff Gold 27 Apr 21 290 2

Economic War on RussiaFinancial Fortress Russia

Just How Significant Are Empire’s New Sanctions on Russia’s Bonds? Not Very

"Diving into the details it quickly becomes clear that Russian President Vladimir Putin’s fiscal fortress is complete and makes Russia impervious to US sanctions"

Ben Aris 23 Apr 21 1036 1

Empire Woes

The US Gov’t Has $6 Trillion in Assets and $130 Trillion in Unfunded Liabilities

Not to worry though. That $130 trillion will soon be in monopoly money

Michael Maharrey 20 Apr 21 1299 3

Anglo-Saxon Powers Offer Australia Hurting Under Chinese Sanctions Encouraging Words and Not Much Else

Encouraged to provoke China then hung out to dry — in fact, they're taking up Australia's lost business

James Laurenceson 20 Apr 21 681 2

US Stimmy Checks Support Foreign Manufacturing Economies

"All the Chinese get in exchange for their efforts and resources are dollars, which the US creates for free."

Schiff Gold 15 Apr 21 485 2

The Bankrupt Empire

The US Ran a Budget Deficit of $660 Billion IN JUST THE MONTH OF MARCH — Already $1.7 Trillion in the Hole for First 6 Months of Fiscal 2021

Raised just $267,000,000,000 but spent $927,000,000,000

Schiff Gold 14 Apr 21 513 3

Biden Says “Competing With China” Requires He Takes Out Yet Another $2.3 Trillion in Loans and Distributes It

That's convenient

Jodi Xu Klein 11 Apr 21 588 4

What a Wonderful Time, Every Single Asset Is Rising. What Could Possibly Go Wrong?

There used to be a word for the price of everything going up

Charles Hugh Smith 8 Apr 21 631 3

Bank of Canada Printed 430 Billion $CAN to Fund the Gov’t During Lockdown. So Much It Now Holds 40% (!) of all GoC Bonds

Government debt to Bank of Canada quadrupled from 120 billion $CAN to 550 billion in just a year

Wolf Richter 8 Apr 21 632 4

What’s Next for the Yuan After Crushing the Dollar for Six Months

"China has steered clear of the massive fiscal stimulus rolled out by most major economies hit by the coronavirus, and avoided implementing an excessively loose monetary policy"

Guo Yingzhe 3 Apr 21 1514 4

Econ Attack on ChinaTerrorist Huawei

ARM Designs Latest Chip With a Minimum of US Technology So It Can Be Licensed to Huawei

Blowback is starting. All who are able to eliminate US tech will do so. The only real US stranglehold is on chip-printing machines

Global Times 2 Apr 21 1648 4

US Dollar Share of Global Foreign Currency Reserves Hits Lowest in 25 Years

Did they print a "few" (about 6 trillion) too many?

Gertrude Chavez-Dreyfuss 1 Apr 21 1096 3

NATO Squabbles

US Threatens to Impose 25% Tariff on British Goods Over Tech Firms Tax

Always nice to see NATO at each other's throats, especially when it can't be written off as due to Trump alone

RT 30 Mar 21 537 2

Northern Sea Route Still at Only 0.1% of Suez Traffic, the Growth Will Be Astronomical

Humble beginnings but a lot less humble than they were just a few years ago

Anatoly Karlin 29 Mar 21 1563 3

Biden Wants a Rival to China’s Belt and Road

Hilarious. Good luck with that.

Anti-Empire 29 Mar 21 1210 12

Western Sanctions Help Resolve Russian-Chinese Differences on Joint Wide-Body Airliner

Western economic warfare as the motivation they needed to find compromises

Anastasia Dagaeva 27 Mar 21 2291 12

US: Most Popular Career Choice Now “Professional Stimulus Check Recipient”

The Babylon Bee 21 Mar 21 554 3

Those Pesky Sino-Russians

Moonbase: China and Russia Team Up for the Final Frontier

Though truth be told, they don't even know yet if the cooperation is for an orbital or a surface base

M. K. Bhadrakumar 17 Mar 21 689 6

Ukraine to Nationalize Failing Aircraft Engine Maker to Prevent Chinese Takeover

Only problem: the Chinese already bought it

Roman Olearchyk 15 Mar 21 1470 5

Bubblegeddon

China Worried About Impact of Joe Biden’s $1.9 Trillion Lockdown Bailout

"We are very concerned about the financial markets, particularly the bursting of a foreign financial asset bubble"

Frank Tang 13 Mar 21 941 2

Is This How the Dollar Dies?

"It took from the founding of the United States to 2020 for M1 to get to 4 trillion dollars. And then it took about one year for M1 to go from 4 trillion dollars to 18 trillion dollars."

Michael Snyder 13 Mar 21 1146 2

Persia Under SiegeThose Pesky Chinese

China Is Buying Up So Much Sanctioned Iranian Oil It’s Clogging Up Its Ports

Record amounts in 2021, thanks Uncle Sam for the discount

Eleanor Albert 12 Mar 21 766 2

Biden Set to Double Down on Empire’s Chips Embargo Against Chinese Tech Giants

Back in the 1940s it was oil embargo against Japan

James Crabtree 11 Mar 21 658 3

RuSsIa DoEsN'T MaKe AnYtHiNg

Just Three Years Ago This Third World Governor Was Bragging His State’s Economy Was Larger Than Russia’s

But in Russia they don't go to the pre-electric age because it got cold

Marko Marjanović 19 Feb 21 505 18

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