Jan 262017
 
 January 26, 2017  Posted by at 10:32 am Finance Tagged with: , , , , , , , , , ,  14 Responses »
Debt Rattle January 26 2017

Arthur Siegel Zoot suit, business district, Detroit, Michigan 1942 • Trump Loves Debt, But It Won’t Love Him Back (BBG) • US Tax Reforms Could ‘Transform’ Global Oil Market (R.) • Trump Prepares Orders Aiming at Global Funding and Treaties, UN (NYT) • Trump Starts A ‘Sanctuary City’ War With Liberal America (BBC) • Kyle Bass Calls Trump ‘Gasoline’ on Smoldering Fire in China (BBG) • China Keeps 3% Budget Deficit Goal For 2017 As Debt Risks Grow (R.) •

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Jan 252017
 
 January 25, 2017  Posted by at 11:16 am Finance Tagged with: , , , , , , , , , ,  13 Responses »
Debt Rattle January 25 2017

Jack Delano Family of Dennis Decosta, Portuguese Farm Security Administration client 1940 • US Demoted To ‘Flawed Democracy’ (CNBC) • David Stockman: Prepare for Fiscal Bloodbath, Not Fiscal Stimulus (DR) • Donald Trump Claims ‘Environmentalism Is Out Of Control’ (Ind.) • Trump Administration Seeks To Muzzle US Agency Employees (R.) • Trump Poised To Build Wall, Ban Many Middle East Immigrants (WSJ) • Trump Pins Keystone, Dakota Pipeline Fate on Renegotiation (BBG) • Pricier Oil Means China’s Foreign Reserves Will

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Jan 242017
 
 January 24, 2017  Posted by at 10:09 am Finance Tagged with: , , , , , , , , , ,  8 Responses »
Debt Rattle January 24 2017

Jack Delano Cars being precooled at the ice plant, San Bernardino, CA 1943 • UK Supreme Court Rules Parliament Must Have Vote On Triggering Article 50 (G.) • Global Markets Turn Back On Euro As Economic Woes Reinforce Dollar (Tel.) • Trump Withdraws From TPP Amid Flurry Of Orders (G.) • Beppe Grillo Agrees With ‘Moderate’ Trump, Blasts EU ‘Total Failure’ (Exp.) • Trump is the start of Global Regime Change (Artemis) • Protest In The Era Of Trump (Krieger)

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Jan 232017
 
 January 23, 2017  Posted by at 10:08 am Finance Tagged with: , , , , , , , , ,  7 Responses »
Debt Rattle January 23 2017

DPC Looking south on Fifth Avenue at East 56th Street, NYC 1905 • We’ve Been in Decline for 40 Years – Trump is a Chance to Rethink – Eno (G.) • The Coming Unhappiness With Trump – Egon von Greyerz (KWN) • Trump’s Infrastructure, Defense Plans Will Lead To Ruin – Ron Paul (CNBC) • China’s Central Bank ‘Playing Dangerous Game’ To Prop Up Yuan (SCMP) • EU Is Dead But Doesn’t Know This Yet – Marine Le Pen (DS)

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Jan 222017
 
 January 22, 2017  Posted by at 11:11 am Finance Tagged with: , , , , , , , , , ,  7 Responses »
Debt Rattle January 22 2017

Dorothea Lange Resettlement project, Bosque Farms, New Mexico 1935 • The Inauguration, and the Counter-Inauguration (Atlantic) • White House Spokesman Slams Media In Bizarre First Briefing (ZH) • The Demons Have Been Unchained (HB) • How the NYT Plays with History (Robert Parry) • Any Country Leaving Euro Zone Must Settle Bill First: ECB’s Draghi (R.) • Trump Team in Talks with UK on Post-Brexit Trade Deal (BBG) • Utopian Ideas On Climate Change Will Get Us Precisely Nowhere (G.)

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Jan 212017
 
 January 21, 2017  Posted by at 4:59 pm Finance Tagged with: , , , , , , , ,  17 Responses »
What is this ‘Crisis’ of Modernity?

Workmen next to the screws of the RMS Titanic at Belfast shipyard, 1911   The people at Conflicts Forum, which is directed by former British diplomat and MI6 ‘ranking figure’ Alastair Crooke, sent me an unpublished article by Alastair and asked if the Automatic Earth would publish it. Since I like his work and I (re-)published two of his articles last year already, ‘End of Growth’ Sparks Wide Discontent in October 2016 and Obstacles to Trump’s ‘Growth’ Plans in November

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Jan 212017
 
 January 21, 2017  Posted by at 10:57 am Finance Tagged with: , , , , , , , ,  3 Responses »
Debt Rattle January 21 2017

Bettmann/Getty Minimum Wage 1963 • Trump’s Declaration of War (Paul Craig Roberts) • The Audacity of Trump (WSJ) • Trump Trade Strategy Starts With Quitting TPP – White House (R.) • Trump, in Oval Office, Signs First Order on Obamacare (R.) • Trump Reverses Obama’s Mortgage Fee Cuts on First Day (BBG) • Far-Right Leaders Meet To Discuss ‘Free Europe’ Vision (R.) • As Housing Bubble Pops, Chinese Real Estate Firms Halt Monthly Pricing Data (ZH) • The Curse of

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Jan 202017
 
 January 20, 2017  Posted by at 10:02 am Finance Tagged with: , , , , , , , , ,  3 Responses »
Debt Rattle January 20 2017

Unknown Masterpiece 2016-7 • Trump’s Tweets Are Little Different From FDR’s Fireside Chats (MW) • Fortress Washington Braces For Anti-Trump Protests, New Yorkers March (R.) • Executive Actions Ready To Go As Trump Prepares To Take Office (R.) • Mnuchin Says Long-Term Strength of US Dollar Is Important (BBG) • German Opposition Leader Calls For Security Union With Russia, End Of NATO (DW) • The ‘Ever Closer European Union’ Principle Is “Buried And Gone” (MT) • Chinese Growth Slips To

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Jan 192017
 
 January 19, 2017  Posted by at 11:27 am Finance Tagged with: , , , , , , , , ,  11 Responses »
Debt Rattle January 19 2017

Photograph: Palani Mohan/Getty Images • Anxious European Leaders Seek An Early Audience With Trump, Before Putin (AP) • Hands off EU, Trump; We Don’t Back Ohio Secession: Juncker (R.) • Jamie Dimon Says Eurozone May Not Survive (BBG) • In Europe We See Only One Loser From Brexit – And It Won’t Be Us (Quatremer) • Marine Le Pen Centers Presidential Run on Getting France Out of Eurozone (WSJ) • By Ripping NATO, Trump Makes Europe Nervous and Arms Trade

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Jan 192017
 
 January 19, 2017  Posted by at 7:25 am Finance Tagged with: , , , , , , , , ,  7 Responses »
He's Just Not That Into You

Marlon Brando screentest 1951 I’m trying, I swear, to get into the fold, but I just can’t NOT find this hilarious. On the eve of his presidency, Donald Trump tells European leaders, by not telling them diddly-squat, that he doesn’t think they matter all that much. It’s not just that his vision of the EU, and its importance, is very different from theirs, he also remembers very well what many of them have said about him in the run-up to

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