The “fed’s” owners have played washington like a fiddle.
Practically nobody enters the foreign exchange markets looking to buy and hold. Currency trading is generally a short-term game, and there isn’t much regard for analysis of the longer-term fundamentals.
That much is evident given the ongoing rally in the Federal Reserve Note dollar, despite its outlook being downright grim.
Nobody should be fooled by recent outperformance relative to the currencies of other insolvent nations.
The greenback is in the worst shape of its life.
Sound money advocates are already well versed as to why the dollar has been losing purchasing power ever since the Federal Reserve took control of its fortunes more than a century ago. They understand the implications of perpetually rising federal deficits and debt.
The most recent decade, during which federal borrowing has begun growing exponentially, indicates we are much closer to the end of the cycle – insolvency and default – than we are to the beginning. But it isn’t the only indication that we are approaching the end-game.
The Federal Reserve Note’s hegemony in the global oil trade is starting to fall apart. Russia, China, and other BRIC nations are cutting deals to buy and sell oil using other currencies.
We can now add the EU to the list of potential defectors….
As virtually all pretense of leaving Syria has vanished from the rhetoric of the White House, American and French soldiers have now moved into Kurdish-held territory in northern Syria near Manbij in an effort to prevent Turkish military operations aimed at clearing the Kurds from the border area as well as any Syrian attempt to liberate northern Syria from Turkish terrorists.
The United States has established at least two new bases in the area near Manbij and French Special Forces have been deployed alongside the Americans.
If there was any belief that America was planning to leave Syria, that belief should now be dispelled. This is not an exit strategy, it is an occupation. It is also an attempt to solidify the “federalization” of Syria through foreign military forces acting as a deterrent to liberation….
Google has removed the phrase “Don’t be evil” from its Code of Conduct; this comes as at least 4,000 employees have expressed outrage over the company’s decision to work with the Pentagon’s Project Maven and amid a leaked video called the “Selfish Ledger” exposing internal Google dialogue to create a dystopia run by the big social giant.
Google has removed multiple instances of its infamous “Don’t be evil” motto from its Code of Conduct, Gizmodoreported.
Wayback Machine’s April 21st, 2018 archive shows the three-word phrase still present in the opening paragrahps of an earlier Code of Conduct…