U.S. overtakes EU in trade with Russia despite U.S. created sanctions against the Eurasian power

8:54 AM economic policy, economy, eu, foreign policy, russia, sanctions, trade, washington 1 Comment

The United States has long been a hypocrite when it comes to economic and foreign policies.  They are willing to sanction anyone who exhibits or creates an environment not in line with the empire’s whims, but at the same time are more than happy to deal with terrorists, human right abusers, and dictators if it furthers their own financial and political goals.

Case in point.  Back in early 2014, the Obama administration ordered economic sanctions to be placed on Russia as cover for a coup they helped engineer in Ukraine.  And although they implemented these sanctions without the authority and backing of the United Nations, they then coerced the European Union states to follow suit and restrict their dealings with the Eurasian power.

Russia of course countered these unlawful sanctions with trade restrictions of their own on all nations who chose to follow U.S. hegemony on this, and two years later a very interesting dichotomy has emerged from this environment.

That is, the U.S. has overtaken the EU in trade done with Russia, despite the fact that they were the nation who sanctioned Vladimir Putin and Russia to begin with.

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Now that Washington has destroyed Brazil, their next BRICS target is South Africa

6:53 AM brazil, brics, dollar hegemony, economic warfare, russia, south africa, washington No Comments

As Brazil deals with the aftermath of the Washington funded coup that ousted President Dilma Rousseff, the establishment appears now to be going after their next BRICS target… that of South Africa.

On June 3, S&P is preparing to downgrade South Africa’s credit rating following default threats and months of protests that are alleged to have been created by funding out of Washington and other U.S. backed NGO’s.

Major protests have gripped South Africa in recent months as political forces have emerged to give voice to a growing discontent with the government and ruling party. Beneath the surface of these demonstrations organized around legitimate grievances, however, there’s an undercurrent of political manipulation.

South Africa and its ruling African National Congress (ANC) party have been targeted for destabilization due to the country’s burgeoning relationship with China and other non-Western nations, most obviously typified by South Africa’s inclusion in BRICS, the association of the five major emerging economies of Brazil, Russia, India, China and South Africa. - Mint Press News

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France ready to lead the way for Europe in removing sanctions against Russia

6:34 AM davos, economic warfare, france, putin, russia, sanctions, Ukraine, washington No Comments

One of the more interesting items to come out of Davos it appears is a friendlier attitude toward Russia and their leader Vladimir Putin by European powers.  And with Britain and France already breaking protocols with NATO recently over the ISIS threat, the question that is rising is whether Europe as a whole is ready to break away from their long standing affiliation with U.S. foreign policy.

On Jan. 24, France’s Minister of the Economy announced that the Eurozone nation is going to work towards ending sanctions imposed upon Russia, and attempt to facilitate an agreement throughout the EU to bring an end to the economic proxy war the U.S. started with Russia over Ukraine.

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Disaster Preparedness Expo's in Arizona and Washington

8:29 AM arizona, disaster preparedness, expo, gun sales, guns, washington No Comments

There are going to be two large Disaster preparedness and sustainability expos coming to Arizona and Washington in late September and early October.  The 2012 Spokane Sustainable Preparedness Expo is scheduled for Sept. 30 in Spokane, Washington, and the Arizona Survivalist/Prepper Expo is set for Oct. 6-7 in Mesa, Arizona.

Additionally, there will be a Community Outreach for Preparedness in Emergencies training in Scottsdale, Arizona at the Scottsdale Center for the Performing Arts on Sept. 15.

Like Y2K, economic, environmental, and political events are leading hundreds of thousands to research and learn the skills to be prepared for one or more disasters.  Since President Obama took office, the number of American purchasing firearms and learning to use them has vastly increased.  In fact, last Christmas, gun sales and other disaster preparedness items were among the top items purchased during the holiday shopping season.

Whether you believe in conspiracy, or simple prudence, preparing for emergencies and disasters is a necessity in America, especially at a time when the weather, economy, and threat of war loom large over the global and national landscapes.

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Government continues to borrow and spend like drunken sailors

9:56 AM debt, debt ceiling, obama, washington No Comments

It didn't take long for the White House to put pen to paper after the debt ceiling was raised last Friday.  In just five days, the government borrowed $120 billion in new debt, and like a drunken sailor on his last night before going out to sea again, the intoxication of no fiscal responsibility makes Washington very dangerous to your economic future.

Well, two days later, the dry powder is less than $1.1 trillion. In other words, in the past two days, total US debt increased by $120 billion, along the lines of our expectations, as the Treasury filled up all the G-fund cash it had pillaged to continue issuing debt throughout the month of January even though it was formally above the debt ceiling. What is more concerning, is that as the chart below shows, the trendline of US debt since the beginning of 2011 is no longer a straight line, but has slowly transformed into a parabola, the very same word used as the root in such other infamous words as, for example, parabolic.

It gets worse: even according to the drastically, and very unrealistically, downward revised borrowing expectations of the Treasury released yesterday, the US will issue $444 billion in debt in this quarter. Today's number means that in February and March alone Tim Geithner will raise another $310 billion, which will send total debt to $15.7 trillion as of March 31. What is the final debt ceiling? Just under $16.4 trillion. So the US will have $700 billion in debt issuance capacity for the 7 months leading into the presidential election (and 9 until the end of the year). - Zerohedge

So drink up America!  The Titanic is going down, and the band continues to play.

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