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Articles by Jack Daniels Esq
Tony Blair Admits Iraq War Led To Rise Of ISIS, Apologizes For "Mistakes"
If there’s one lesson Washington simply refuses to learn when it comes to Mid-East foreign policy it’s that forcibly removing autocrats almost invariably leads to chaos. That’s not to say that promoting democratic principles and encouraging government “of the people, by the people, and for the people” isn’t somehow a noble pursuit at the theoretical level.
Joe Biden Set To Announce He Will Not Run For President - Live Feed
Update: *JOE BIDEN SAID TO NOT BE RUNNING FOR PRESIDENT: CBS We are sure Hillary is much relieved... As we previously asked... Will he? Or won't he? Maybe he should... The Vice-President is due to speak (with The President alongside) at 1210ET...
Petrostate Cash Crunch Continues Amid Oil Collapse, Proxy Wars
On Friday we noted that Qatar has now followed Saudi Arabia into the debt markets to raise cash amid slumping crude prices. Specifically, Qatar issued some $4 billion in bonds earlier this month - the offering was oversubscribed four times.
The Summation Of All Fears
Yes, this is another post about the market’s deteriorating breadth situation. We can’t pick the market we want, though. We must deal with the one we have. And the reality is that one of the overriding themes of the current climate, in our view, is the weakening foundation of the market’s internals. By internals, or breadth, of course, we are referring to the level of positive participation among all stocks.
Ex-IMF Chief: Germany Should Leave The Euro, Not Greece
In her euro-hegemonic role Germany failed to properly handle the Greek Crisis. What economics have been whispering among themselves after the scandalous Brussels Agreement of July 13th is now on the public discussion. One of IMF’s former European bailouts official, Ashoka Mody made it very clear in his article on Bloomberg on Friday morning: It’s Germany not Greece that has to leave the eurozone.
America(*): Happy (Founding) Fathers Day
I got into an early discussion today about America. I came to the conclusion that today’s America* is an ugly fraud. We wave the flag adorned with stars and stripes, we reminisce about a glorious history, we point to the constitution, the founding fathers and freedom and then we include ourselves as part of this legacy; as though we have some natural right to call ourselves by the same name. But is that true? Do Americans* by way of history simply get to partake in the greatness of our past?
Dollar Flash-Crashes On Sudden EUR Spike
Driven by no immediate fundamental or news catalyst, EURUSD is spiking sending the USD index into yet another flash-crash this morning... USD Index is tumbling suddenly... driven by a spike above 1.1100 in EURUSD... Charts: Bloomberg
How Many People Will Have To Migrate Out Of California When All The Water Disappears?
Submitted by Michael Snyder via The Economic Collapse blog, The drought in California is getting a lot worse. As you read this, snowpack levels in the Sierra Nevada mountains are the lowest that have ever been recorded. That means that there won’t be much water for California farmers and California cities once again this year. To make up the difference in recent years, water has been pumped out of the ground like crazy.
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