Category Archives: United States federal budget
Russia’s Military Is Leaner, But Meaner
Authore by Leonid Brershidky via Bloomberg.com, During Russian President Vladimir Putin's annual press conference on Thursday, a friendly journalist asked Putin whether the escalating tension in relations with the U.S. and the crumbling of arms control treaties would draw Russia into an unsustainable arms race. "We will ensure our security without engaging in an arms race," the president replied, […]
Weekend Reading: Markets Love Central Banks – No Matter What They Do
Authored by Lance Roberts via RealInvestmentAdvice.com, I discussed yesterday, the apparent “myth” of the Fed’s proposed “balance sheet reduction” program as the most recent analysis shows a $13.5 billion “reinvestment” into their balance sheet which has helped fuel the recent market advance. But therein lies the potential “fatal flaw” of the “bullish logic.” At the […]
Stockman Slams “The Deep State’s ‘Bogus Iranian Threat'”
Authored by David Stockman via The Ron Paul Institute for Peace & Prosperity, Last week, we identified a permanent fiscal crisis as one of the quadruple witching forces arising in October 2017 which will shatter the global financial bubble. Then, the Donald made the crisis dramatically worse by decertifying the Iranian nuke deal, thereby reinforcing another false […]
China’s Shadow-Lending Ecosystem Could Be As Large As $40 Trillion, PBOC Guesses
Authored by Deep Throat at Deep Throat Blog Today, I'd like to take some time to revisit a couple of related topics that we first started discussing a few years ago. I am, of course, referring to the burgeoning increases in China's Debt levels, Shadow Bank Assets (loans) and M2, along with a high-level analysis […]
The “Trump Tax Plan” – Details & Analysis
Submitted by Lance Roberts of Real Investment Advice Almost a full year after the election of Donald Trump to the White House, one of the key promises made to voters was the largest “tax cut” since Ronald Reagan was in office. As President Trump stated in Indiana yesterday: “This is a revolutionary change, and the […]