Aug 312014
 
 August 31, 2014  Posted by at 6:57 pm Finance 4 Responses »
These Clowns Are Dragging Us Into War

In 8 weeks, on October 26, there are – supposed to be – parliamentary elections in Ukraine. What’s that going to look like? Who’s going to vote? In the presidential elections a few months ago, most of east Ukraine did not vote. How many different ways are there to define democracy and still remain credible? In an interview today on Russian Channel 1, Vladimir Putin commented on the upcoming elections: “All the participants in the electoral race will want to

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Aug 292014
 
 August 29, 2014  Posted by at 4:37 pm Finance Tagged with: , , ,  10 Responses »
Debt Rattle Aug 29 2014: This Is Why The Fed Will Raise Interest Rates

Given recent developments in Ukraine, and the accompanying PR, spin and accusations, the whole by now familiar shebang, I’m sure you would expect me to address the Kiyv vs Moscow vs the land of the brave issue today. Unfortunately, there are more important issues to talk about today. Suffice it for me to say that the west is losing, and can therefore be expected to grab onto ever more desperate handles as we progress. Nothing new here: nothing proven, but

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Aug 282014
 
 August 28, 2014  Posted by at 4:41 pm Finance Tagged with: , , , , ,  9 Responses »
Debt Rattle Aug 28 2014: EU Gas Supply Is In Real And Imminent Danger

More accusations fly across the media, like so many flocks of Canada geese, of direct Russian involvement in Ukraine. Much is made of an interview with Donetsk National Republic leader Alexander Zakharchenko, in which he “admits” there are Russian volunteers fighting on his side. To the west, that’s all the proof they need. There are 1000 Russians in Ukraine, cries NATO. That doesn’t make them the Russian army though. If there are only 1000, that would be disappointing. These are

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Aug 272014
 
 August 27, 2014  Posted by at 8:03 pm Finance Tagged with: , ,  6 Responses »
Debt Rattle Aug 27 2014: The Right To Live Free And In Peace

Our Canadian friend Marina, who has Russian roots, sent me this video today. Marina has also translated several Automatic Earth articles into Russian (I’ll put up a link in a sidebar), see here. This is a taped August 24 international press conference with Alexander Zakharchenko, Chairman of The Council of Ministers of The Donetsk National Republic (DNR), and Vladimir Kononov, Defense Minister of DNR. Since we in the west don’t often get to see the point of view of East

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Aug 262014
 
 August 26, 2014  Posted by at 9:32 pm Finance Tagged with: , ,  6 Responses »
Debt Rattle Aug 26 2014: Central Banks and Free Money

Courtesy of Tyler Durden comes a 22,000+ word ‘essay’ from Mark Blyth and Eric Lonergan at the Council on Foreign Relations (yes, those fine folks) on how and why swaths of dough should be handed to the man in the street. But that’s not what the CFR stands for, so this calls for deconstruction, if not demolition. It might be a really good idea if money were handed out to the real economy instead of a bunch of banks. It

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Aug 252014
 
 August 25, 2014  Posted by at 10:03 pm Finance Tagged with: , , , ,  5 Responses »
Debt Rattle Aug 25 2014: Is France About To Kill The Eurozone?

Well, it’s not as if nothing ever happens. One government and one parliament down, all in one day. One planned, the other not so much. Ukraine president Poroshenko dissolved parliament so he can have sole control for the next two months. And smile with a smirk at Putin when they meet tomorrow. Wonder what ‘progress’ they’ll make. Judging from all the accusations thrown around just today, and the plans announced, they’re not going to be short of material. RT has

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Aug 242014
 
 August 24, 2014  Posted by at 5:22 pm Finance Tagged with: , , , , , ,  10 Responses »
War and Peace and NATO

As the first subglacial eruption has been registered in the Barbardunga volcano, and there are earthquakes in the region about every minute, a German magazine reports that Berlin (or, actually, even Bonn) has been spying on NATO partners like Turkey for decades. Which is funny, because I was just wondering – with a degree of suspicion – where and how Merkel gets her information. She’s in Kiev calling for a ceasefire – which at least is a step up from

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Aug 222014
 
 August 22, 2014  Posted by at 7:50 pm Finance Tagged with: , , , ,  9 Responses »
Debt Rattle Aug 22 2014: Janet Yellen is an Insult to Americans

If you’re a girl and you’re old and you’re grey and you’re the size of a hobbit, who’s going to get angry at you? If your predecessor had all the qualities anyone could look for in a garden gnome, and his predecessor was known mainly as a forward drooling incoherent oracle, how bad could it get? Think maybe they select Fed heads on purpose for how well they would fit into the Shire? Janet Yellen has a serious problem: the

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Aug 212014
 
 August 21, 2014  Posted by at 7:12 pm Energy, Finance Tagged with: , , , , ,  7 Responses »
Debt Rattle Aug 21 2014: Oil, Solar, Dollars And Fairy Tales

I woke up today to a request to comment on an article I hadn’t even read yet at the time. Now, I don’t do requests, but when I saw that it was an article by my favorite nemesis Ambrose Evans-Pritchard, and I read it, I thought alright, let’s have a go. Just this once. Ambrose sings the praise of solar and natural gas in this one, and that‘s not because he’s green, the only green he likes is the color

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Aug 202014
 
 August 20, 2014  Posted by at 9:42 pm Finance Tagged with: , , , , , ,  4 Responses »
Debt Rattle Aug 20 2014: Obama Fails As Schoolyard Bully

When I think about what an American president should do, and should be, the first thing that pops into my mind is (s)he should be a peacemaker. It would seem to be the no. 1 requirement for someone who’s the leader of the most powerful nation on the planet, and therefore the leader of the free world. If that person is not a peacemaker, if (s)he is not focused on diffusing trouble and violence when and where they rear their

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