Tag Archives: trade war

Bits and Pieces – 20180306, Tuesday

Commentary: If Trump continues, trade wars will be the start of the end ushering in the collapse of most markets and pricking the debt bubble. This is serious stuff. Be sure to see the 19 second video of our Rime Minister in the next section.

Bits and Pieces – 20180302, Friday

Commentary: There’s enough material on Trump’s trade war to warrant a small release of Bits and Pieces.

Bits and Pieces – 20180218, Sunday

Commentary: The kitten that recently adopted us, has grown to the point that it can reach the doorknob when it wants out so we have to act as its valet. I’m thinking, however, I’ll get us one of these robodogs:

Bits and Pieces – 20180117, Wednesday

Commentary: In law, hearsay carries little weight. It is the “he said … she said” conundrum. When it comes down to a person’s word, it actually carries little weight. When it might, the credibility of witnesses is attacked vigorously, especially when no other proof of position is available.

A moment of illumination occurred tonight as I watched a video in which the commentator pointed out that there is no evidence that Trump uttered the “shithole” remark about countries that the expression aptly describes. Apparently, the assertion that he made it comes from the Washington Post, a demonstrably anti-Trump source of “fake news”, whose reporters were present at a White House meeting. No audio or video record of the meeting has come to light although the White House has said that they have such, being now standard practice to record all meetings.

That the MSM and the Liberal intelligentsia have had an orgasm over the attributed comment is of no surprise. What really hit me though was the fact that I had assumed the comment was true without any thought or question. I hope I will be more vigilant in the future, even if I do not report anything on the the issue I am considering as s the case here..

Bits and Pieces – 20170806, Sunday

Commentary: Things get interesting in the Democratic camp: Sorry Joe Biden And Eric Holder, Obama Just Picked His 2020 Candidate And It’s Not You. I can’t imagine that Hillary has thrown in the towel in her quest for righteous affirmation and glory. Biden has made it clear in the past that the world would have been saved if he were president. Saunders is getting old but with the revelations of the backstabbing job the DNC did on him, this cranky old man may not go quietly into that good night of that boneyard of American political ambition. And maybe Americans are not ready for another black president – Obama II.

Stay tuned for the next episode and in the meantime stock up on popcorn. You may need it to survive on if that crazy and mercurial leader with his ICBMs and nuclear bombs tries to launch a preemptive first strike on someone or everyone (Shall We Fight Them All?). Oh – I wasn’t referring to Kim Jong-un.

Bits and Pieces – 20170202, Thursday

Commentary: I am looking for key themes that will have a major impact on our lives. I’m adding one this morning: central banks. Central banks have been controlling our economy since their conception only now they are losing control as all their tools are broken and they are in the process of blowing up the (economic) world.

I have discussed how we are linear thinkers, so to go non-linear, central bank policy and action has to be considered with interest rates, the bond market, currencies, the international flow of funds and trade. They are all part of the same elephant. How I’m going to structure my coverage I’m not sure but here’s a good short article to start with: The Coming Crisis in Central Banking.

To give an idea of the interconnection, read Mike Shedlock’s Is Germany a Currency Manipulator? China? Arguably Yes, Under Bill Obama Signed: Full Blown Currency War on Deck. He outlines a basis for how a currency war and trade war might start with Germany and China.

Bits and Pieces – 20161214, Wednesday

What We’re Reading Today

Commentary: Jill Stein is having her problem unless the object of her game is to gain recognition and raise money as many suggest. Trump gained a few votes in the Wisconsin recount. The Pennsylvania recount has been quashed, but Michigan is the interesting recount. It is reported (Half of Detroit votes may be ineligible for recount) that “One-third of precincts in Wayne County could be disqualified from an unprecedented statewide recount of presidential election results because of problems with ballots.” Remember that these precincts went heavily for Hillary. Has this uncovered massive electoral fraud favouring Hillary? In any case the recount has been terminated. Is this the smoking gun for the argument that Russia was supporting Hillary?

The Soft Coup: In yesterday’s addendum, Bits and Pieces – 20161212, Monday Addendum, I brought forward an idea that I had just encountered: that a soft coup was in progress. So many of the recent actions of Obama and establishment figures of both parties that at first had seemed bizarre, suddenly fell into place. And here’s how it’s coming together: The ‘Soft Coup’ Builds: “More ‘Electors’ Demand Russian Interference Briefing Before They Vote. If the coup should be successful and the electoral college vote is tipped towards Hillary, expect chaos. It seems that the population is actually warming to trump: Consumer Confidence Highest Since Before Great Recession.

Current progress: Harvard Professor Says He’s Rallied Nearly Enough GOP Electors To Block Trump. Since these electors are almost all from states that went Hillary, it is difficult to understand how any meeting with the CIA can affect their voting since they are already voting Democrat. Am I missing something?

Trump team: More: Trump Picks Rick Perry To Lead Energy Department (That He Wanted To Do Away With In 2011) and It’s Official: Trump Picks Exxon CEO Rex Tillerson To Lead The State Department. This article makes some good points as to why Tillerson is a good choice: Rex Tillerson: “Russian Spy” Or Diplomatic Genius?. Instead of making incestuous appointments to party insiders like Obama, Trump appears to be assembling a team with deep experience in the areas of appointment, capable of making anti-establishment changes. Real change is coming.

WWIII: Keep this on your radar. If you believe the risk is significant, are you ready for it: NATO-Russia War Seen As Top “Conflict” Risk For 2017 By CFR?

Bits and Pieces: Charles Hugh-Smith, champion of the notion of the deep state, updates his views: Is The Deep State At War… With Itself? Along this line, not only the FBI but the Office of the Director of National Intelligence (the top of the intelligence pyramid)  refuses to back the CIA claim of Russian interferrence: Top US Spy Agency Refuses To Endorse CIA’s Russian Hacking Assessment Due To “Lack Of Evidence”. Here’s another pers[ective: Is CIA Trying to Cover Its Own Hack or Accommodating Obama?.

Mike Shedlock follows what’s happening in countries position’s on global trade and in particular, free trade agreements and trade wars. Here’s his take on the trade war between the US and China. It won’t get better under Trump: Global Trade War Baked in the Cake: Boeing Faces China’s Wrath. We’re going to need Kevin O’Leary as PM. That would be extremely fitting: two TV reality stars across the table from each other. Otherwise, Trump will have Trudeau and Canada’s lunch as a morning snack with coffee. Meanwhile, study the ‘Chinese gambit’: Head Of US Pacific Fleet Ready To Confront Beijing As China Warns Of US Carmaker Penalty For “Monopolist Behavior”.

From George Friedman, a good analysis of Russian military capability: Forecasting Russia in 2017. The economic picture is the primary driver.

The Ukraine: What a Country’s Boundaries Really Mean

To understand how little a county’s boundaries mean, play this animated map of Europe and West Asia that shows the change in makeup of the area over the last thousand years. The Ukraine is a very late addition to the world map. (Click in the lower right corner to open as full screen.)

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Our friend Paul Merkley sent us a link to other map resources. What is now the Ukraine and Crimea was part of Islamic Civilizations 632-1350AD. This page has thumbnails of 54 individual maps. Left-click on any thumbnail to open a larger view. One can scroll through the map series one map at a time by left-clicking on the current expanded image. Most images can be expanded further by right-clicking on the current image. Select the “View Image” option from the menu that pops up. Use the browser back arrow to close this image and return to the thumbnail page.

Another series of 18 maps shows The Ottoman Empire which encompassed the territory of the present Ukraine and Crimea. The Ukraine in particular has come and (mostly) gone and reappeared while its boundaries constantly changed.

Now in case you are thinking that the 1400 year span of these maps is not sufficient to capture an early Ukraine, try this animated map over 5000 years.

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Protests of Russia’s current actions by countries like Canada are made from colossal ignorance on the part of  the populace, the media and the government. It’s also a cheap way to buy the Ukrainian vote in Canada.

Flash Point: Trade Wars in Real Time

Knowing somewhat of Argentia’s past, we began a post: Placing Argentina on Deathwatch. Because news was slow we discontinued updating it. We still believe Argentina will default again. However, we are more interested in what is emerging as a trade war. Protectionist polices are being openly challenged, today by Mexico as Stratfor (Mexico Launches Dispute Before World Trade Organization) citing Reuters wrote:

Mexico launched a dispute before the World Trade Organization against Argentina, Reuters reported Aug. 27. The European Union, United States and Japan have made similar complaints against Argentina. Each complaint focuses on Argentina’s import licensing, which is said to be one of several protectionist policies that Argentine President Cristina Fernandez de Kirchner’s government has adopted.

On August 21, the US, Japan and the EU launnched a WTO action against Argentina as reported by Reuters: UPDATE 2-US, Japan follow EU, slam Argentine “protectionism” at WTO.  According to Reuters:

Notification of the two new complaints comes a day after Argentina hit the EU with a separate WTO complaint, alleging discriminatory treatment by Spain against Argentine shipments of biodiesel. These bring the number of trade disputes launched at the WTO so far this year to 18, already more than double the eight that were filed last year.

Argentina has 60 days to settle dispute or face adjudication at WTO.

This follows the May nationalization of the Spanish oil company Repsol subsidiary, YPF: Argentina nationalizes oil company YPF.

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