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Just as with Japan in the 80's, China seeks to expand their industry on the U.S. mainland in 2017

The world changed when President Richard Nixon closed the gold window and took the dollar off the Bretton Woods standard back in 1971 as it led to nearly a decade of recession, and a changeover in their long-standing positive trade deficit.  And even with the short lived economic recovery in the 1980's under Ronald Reagan, the die was cast for newer economic powers to one day usurp American industry. When a ...

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Hollywood liberal hypocrisy: actors advocate for forced minimum wage except when it comes to their industry

In the aftermath of the November election, four new states approved referendums to increase minimum wages beginning in 2017.  And at the forefront of these popular votes was an army of liberal activists who spent much of the year funding protests that would call for hiking wages for individuals doing entry level or low skilled work. But as we know from those who are politically positioned in the far left, l ...

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Barack Obama usurps the 2nd Amendment in final days in office by cutting off gun ownership to disability recipients

As President Barack Obama finishes out his final month in office, the two term executive is working hard to force through segments of an agenda that had been stifled by the courts and by Congress.  And one of these is an attack on the 2nd Amendment as his administration last week finalized a policy regulation that would make it unlawful for individuals receiving disability payments through the Social Securi ...

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Europe stands quietly awaiting the outcome of the new sanction rhetoric from Washington and Moscow

In the end the only real loser from the economic sanctions imposed against Russia three years ago by the United States has been Europe.  And this has mostly been because of the fact that Russian President Vladimir Putin decided to implement his own counter sanctions in response to this that included EU nations since they voted to follow lock-step with Washington back in 2014. So with this in mind, and the f ...

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European Central Bank changes capital requirements so that insolvent Deutsche Bank can pay big bonuses

Never let yourself be fooled... the SOLE purpose of a central bank is to aid in the profit and stability of their member banks.  If by their monetary policies they happen to aid the sovereign nation they are tied to, then it is nothing more than coincidence or happenstance. Eight years ago, when the financial crisis led the U.S. Treasury and Federal Reserve to beg for a taxpayer funded bailout of the banks, ...

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Santa stopped in China this Christmas season to pick up gifts, rather than to drop them off

Politicians and economists love to use generic words that have infinite meanings dependent upon the perspective of the speaker.  One in particular is the concept of 'free trade', whereby its meaning over the past 20 years is for companies to manufacture items anywhere that offers the cheapest labor, then sell the produced items back to the very people who used to produce them to begin with before the advent ...

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Brexit keeps looking better and better for the UK as an EU court just provided veto power on any trade deal for up to 48 bodies

One of the primary reasons why Britain voted to leave the European Union earlier this year was the fact that the European Commission (EC) was usurping more and more political power over coalition nations when their original mandate was simply to exude economic power.  And in the course of the past six months alone since Brexit, the EC has even put to the vote a decree to form its own European military arm t ...

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Facebook’s new ‘fact checker’ for fake news under suspicion for embezzlement and dumping wife to marry a porn star

For years most publishers on the internet and in the alternative media have come to the conclusion that Snopes.com is little more than a propaganda site for the progressive and liberal parties.  In fact, it appears that around the start of this year's election, the website began moving away from the debunking of urban myths and laid its claim as a political 'fact checker'. Now their 'fact checking' crusade ...

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Scotland mulls calling for new independence referendum so they can stay in the EU when Britain exits

A few years ago, Scotland became center stage in world news as they issued a national referendum to decide on whether to stay under the control of Britain, or claim independence as a sovereign state.  And while the vote failed to pass due to the fact that many too people in Scotland are reliant upon British welfare to sustain their lifestyles, the advent of Brexit is leading some political parties to mull o ...

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CoCo bonds, debt for equity swaps, and now Italy’s Monte Dei Paschi bank is having to sell shares to avoid insolvency

As the new market week begins over in Asia and Europe, Italy's insolvent banking system continues to spiral downward.  And where last week the world's oldest bank was trying to convince 2nd tier debt holders to exchange their bonds for equity in the bank, on Dec. 19 Monte Dei Paschi is preparing to push their share price down even further by issuing and selling new shares to try to completely avoid bankrupt ...

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Iran looking to forge even stronger ties with Russia as they finalize a trade agreement with the EEU

With Russia already having strong ties to the Shiite sect of Islam through their military pact with Syria, it is only natural that Iran would also find them a willing ally within the divided Middle East.  And with the work they have already done together in building Iran's nuclear facilities, Tehran is now looking to increase that partnership by forging a trade agreement with the Eurasian Economic Union (EE ...

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Nobel prize winning economist joins Euro architect in declaring the currency a mistake and failure

On Dec. 12, Nobel Prize-winning economist Oliver Hart told European media source Euractiv that the Euro currency, as well as forcing 28 different homogeneous states into a centralized union, was a mistake and that the only real solution was to get rid of the currency and move authority out of Brussels and back to their original sovereigns. The foundation behind Britain's regaining of their sovereign power f ...

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