Narrative Is Crumbling

It’s difficult to understand what’s going on in the world. It’s difficult to understand what’s going on in the world because powerful people actively manipulate public understanding of what’s going on in the world. Powerful people actively manipulate public understanding of what’s going on in the world because if the public understood what’s going on […]

Saudi king chairs cabinet meeting from hospital, in stable condition

Saudi King Salman held a cabinet meeting via video call from hospital in the capital Riyadh on Tuesday, a day after the 84-year-old monarch was admitted with what state media said was inflammation of the gall bladder. FILE PHOTO: Saudi King Salman bin Abdulaziz delivers a televised speech regarding the outbreak of the coronavirus disease […]

American Death Cult

Last October, the Nuclear Threat Initiative and the Johns Hopkins Center for Health Security compiled a ranking system to assess the preparedness of 195 countries for the next global pandemic. Twenty-one panel experts across the globe graded each country in 34 categories composed of 140 subindices. At the top of the rankings, peering down at […]

Kunstler: Is Thinking Cancelled?

Everything’s in play now. Consensual reality is on the run — the old certainties of US history and the receding promises of the future sink into a fiery sludge of the corona virus present. Things happen without apparent consequence. Authority is on the lam. Coercion stalks the land rooting out thought-crime. Fantasies and delusions rush […]

Saudi King Salman, 84, admitted to hospital

Saudi Arabia’s 84-year-old ruler, King Salman bin Abdulaziz, has been admitted to hospital in the capital Riyadh, suffering from inflammation of the gall bladder, state news agency SPA said on Monday. The king, who has ruled the world’s largest oil exporter and close U.S. ally since 2015, is undergoing medical checks, the agency added, without […]

Who Killed Fuel Economy Standards?

On March 30, when many of us were panic shopping for toilet paper and learning where best to stash our children during Zoom calls, federal agencies announced a final rule to roll back fuel economy standards for new cars. This final rule was the last nail in the coffin for one of the Obama administration’s […]

Joe Biden unveils $2 trillion green infrastructure and jobs plan

Former Vice President Joe Biden released a sprawling plan Tuesday to revamp American infrastructure and energy to both curb climate change and spur economic growth. The presumptive Democratic presidential nominee’s proposal aims to achieve carbon-free power generation by 2035. As the coronavirus pandemic leaves the U.S. mired in an economic crisis, Biden said he will […]

Why are fish wars heating up all over the world?

The South China Sea is one of the world’s most tense regions. But the entry of four Chinese coast guard vessels and 63 fishing boats into Indonesian waters in December, and again in January, still managed to shock and infuriate Indonesia. The Chinese vessels were fishing in the Natuna Sea in part of Indonesia’s exclusive […]

The hunger crisis linked to coronavirus could kill more people than the disease itself

The coronavirus pandemic has already claimed over half a million lives across the world, with case numbers continuing to rise. A new report by Oxfam now warns that the hunger crisis worsened by the pandemic could potentially kill more people each day than the infection itself. An estimated 12,000 people per day could die from […]

India Is One of the Last Big Markets for Fossil Fuels – and It Is Cashing In

In global circles fighting climate change, India scores a passing grade. Take Climate Action Tracker, a website tracking countries’ actions on climate change. Citing India’s ambitious renewable energy targets – 450 GW by 2030 – it says the country is on “track to overachieve its ‘2º C compatible‘ rated Paris Agreement climate action targets”. If […]

Dakota Access Pipeline must be shut down, judge orders

The Dakota Access Pipeline must shut down by August 5 during an in-depth environmental review of the controversial project, a district court ruled Monday in a defeat for the Trump administration. © Bill Clark/CQ Roll Call UNITED STATES – AUGUST 24: Dakota Access Pipeline protesters gather in front of the E. Barrett Prettyman Federal Courthouse […]

Kunstler: Bye Bye American Pie

Way back in the 1950s, the popular euphemism to describe black children struggling in poverty was “underprivileged.” The elegant trope guided the nascent social services industry that reached full flower a few years later in Lyndon Johnson’s War on Poverty — a cause as lost, it turns out, as the War in Vietnam. The wonder […]

US seeks to seize Iranian oil destined for Venezuela

U.S. prosecutors will seek to put an end to Iran’s oil deliveries to Venezuela, as they have filed a new suit to seize the contents on these tankers. According to the Wall Street Journal, the U.S. prosecutors are targeting the oil from four Iranian tankers, along with the payments between Tehran and Caracas. The U.S. […]

Ghislaine Maxwell, And Other Notes From The Edge Of The Narrative Matrix

Like so many other things, all this Ghislaine Maxwell buzz would be a lot more interesting without all the dumbass partisan angles people are putting on it. People fixate on the Trump angle or the Clintons angle when it’s clear they’ve all been manipulated by forces that are far more powerful than they are. The […]

Dollar’s dominance to slowly melt away over coming year

The dollar’s dominance will slowly melt away over the coming year on weakening global demand and a sombre U.S. economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second coronavirus shock. Despite fears a surge in new COVID-19 cases would delay economies reopening and stymie a tentative […]

The Chinese Communist Party’s Ideology and Global Ambitions

Remarks delivered by National Security Advisor Robert C. O’Brien on June 24, 2020, in Phoenix, Arizona. Well, thank you Governor.  That was an extraordinarily kind introduction and for thinking of Kayla and her parents. We had them at the State of the Union. That was a very special occasion for the President and for all […]

Denial Stops Here: From 9-11 to Peak Oil and Beyond – Michael Ruppert

Michael Ruppert was an investigative journalist and peak oil advocate from the United States that has written and spoken extensively on the subject of 9/11, as well as many other subjects. ‘Denial Stops Here’ collates presentations that he has made, tying together many different elements in the global picture. The MediaGiant Video Catalog https://themediagiant.weebly.com

Kunstler: Beware of What You Wish For

Apart from the 150 people shot (25 killed) in Chicago, the week after Father’s Day had the quality of a time-out from widespread anarchic violence that the Democratic Party has unleashed upon the nation to distract the public from the party’s lack of a viable election candidate or any credible platform of ideas for managing […]

Wet War in a Dry Land

As you begin the final descent into Cairo International Airport, you’re struck by a vast and endless swathe of sand. The Pyramids break up the expanse, and suddenly your eyes are met with green; a small green sliver cuts through that sprawling metropolis. In August of 2019, I found myself in the middle of that […]

The World Isn’t Ready for Peak Oil

Two months ago, the world experienced a historic collapse in oil prices, as coronavirus-related shutdowns cratered global demand, briefly turning prices for May delivery negative. Prices have since rebounded modestly, but they remain unsustainably low for countries that depend on oil exports to generate government revenue. The resulting instability, from the Middle East to Africa […]

The US, China and the great economic decoupling

A decoupling of the world’s two largest economies has come to dominate the planning for a post-pandemic world. The resulting global landscape will be unlike anything since the Second World War ended 75 years ago. The US and China’s combined GDP is $35.6 trillion and they are home to 1.72 billion of the world’s population, […]

System Fail # 1: Riots Across America

The pilot episode of subMedia’s brand new show, System Fail, looks at the incendiary riots that have swept across the United States in the wake of the murder of George Floyd, and the state’s desperate attempts to bring things back under control. Featuring an interview with Oluchi Omeoga, co-founder and core organizer of the Black […]

The End Of Money: From Paper To Things

Summary The Fed’s balance sheet will go from $4 trillion at the start of the crisis to $10 trillion by year-end and beyond. The government strategy is being driven by MMT (Modern Monetary Theory). Simply stated, MMT is a macroeconomic framework that says sovereign countries like the U.S., U.K., Japan, or Canada are not operationally […]

The Country That Won The Oil War

China is now holding most of the cards in the oil price game as far as Riyadh and Moscow are concerned–and Beijing is right where it wants to be. The other two have overplayed their hands. And the U.S. has–once again–been caught napping. There’s a ton of geopolitical leverage to be had for China. The […]

Killing Them Softly With Sanctions

Dig deep into the June issue of National Geographic magazine and you might just find something that will cast a major aspect of American foreign policy—our economic sanctions regimes—in a new light. The issue’s cover story, “The Last Voices of World War II,” includes a graphic showing the death tolls of the various nations in […]

US Sanctions on Venezuela

Since 2006, the United States has imposed certain restrictions and sanctions in response to activities of the Venezuelan government and individuals. This includes sanctions on Venezuela’s state oil company (Petróleos de Venezuela, S.A., or PdVSA), its government, and central bank. These sanctions have increased pressure on the government and accelerated a decline in oil production. […]

The Federal Reserve is Getting Desperate

  In a sign that the Federal Reserve is growing increasingly desperate to jump-start the economy, the Fed’s Secondary Market Credit Facility has begun purchasing individual corporate bonds. The Secondary Market Credit Facility was created by Congress as part of a coronavirus stimulus bill to purchase as much as 750 billion dollars of corporate credit. […]

US v China: is this the start of a new cold war?

  George Kennan, the US charge d’affaires in Moscow at the end of the second world war and the author of the famous Long Telegram in 1946, captured in his memoir how quickly perceptions in international relations can change. The man widely seen as the intellectual author of the cold war recalled that if he […]

$18 Trillion In Global Stimulus In 2020, 21% Of World GDP

On Friday, we relayed the latest observations from BofA chief investment officer, Michael Hartnett who concluded that there is just one bull market to short – namely credit – “and the Fed won’t let you” by which he means all central banks. As the following table shows, the balance sheet of the G-6 central banks […]

Is This The Beginning Of The End For The Dollar?

Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar. At this stage of an evolving economic and financial crisis, such thoughts are necessarily speculative. But an imminent banking crisis is now a […]

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