Tariffs: The Taxes That Made America Great | Patrick J. Buchanan – Official Website

May 14, 2019 by · Leave a Comment 

That the Smoot-Hawley Tariff caused the Depression of the 1930s is a New Deal myth in which America’s schoolchildren have been indoctrinated for decades. The Depression began with the crash of the stock market in 1929, nine months before Smoot-Hawley became law. The real villain: The Federal Reserve…

As his limo carried him to work at the White House Monday, Larry Kudlow could not have been pleased with the headline in The Washington Post: “Kudlow Contradicts Trump on Tariffs.”

The story began: “National Economic Council Director Lawrence Kudlow acknowledged Sunday that American consumers end up paying for the administration’s tariffs on Chinese imports, contradicting President Trump’s repeated inaccurate claim that the Chinese foot the bill.”

Source: Tariffs: The Taxes That Made America Great | Patrick J. Buchanan – Official Website

“It Will Be A Cold War”: APEC Summit Ends In Unprecedented Chaos After Dramatic US-China Showdown | Zero Hedge

November 19, 2018 by · Leave a Comment 

One day after vice president Mike Pence and China’s president Xi Jinping clashed after exchanging sharply worded barbs in a showdown between the two superpowers, on Sunday the annual Asia-Pacific Economic Cooperation summit ended in unprecedented chaos and disarray, without agreement on a joint communique for the first time in its history as the escalating rivalry between the United States and China dominated proceedings and reflected escalating trade tensions.

Competition between the United States and China over the Pacific was also thrown into focus with the United States and its Western allies launching a coordinated response to China’s Belt and Road program, Reuters added.

Source: “It Will Be A Cold War”: APEC Summit Ends In Unprecedented Chaos After Dramatic US-China Showdown | Zero Hedge

A Perfect Storm Is Brewing – Michael Snyder

October 29, 2018 by · Leave a Comment 

Will we someday look back on October 2018 as the turning point?  As the month began, people were generally feeling pretty good about things, and the U.S. stock market quickly set a new all-time high.  But from that point on, the wheels fell off for Wall Street.  We just witnessed the worst October for U.S. stocks since the financial crisis of 2008, and at this point more than 8 trillion dollars of global wealth has been completely wiped out.  But it isn’t just the stock market that is being shaken.  The horrific violence in Pittsburgh is just the latest in a string of events that have rattled the entire nation.  Sometimes I feel like I am literally watching the fabric of our society come apart right in front of my eyes.  It is almost as if there is a tangible presence of evil in the air, and it seems to be getting stronger over time.  For quite a while I have been warning that levels of anger and frustration are rising to unprecedented levels, and all of that anger and frustration is leading people to do things that are absolutely unthinkable.  And if people are this crazed now, how bad are things going to get once the economy really starts unraveling?

Source: A Perfect Storm Is Brewing

Economic Growth Is Impossible

May 27, 2015 by · Leave a Comment 

The quandary of the economic dilemma continues. A globe suffering from a deflationary financial impact, while consumer prices rise well above the reported cost of living increases, does not bode well that prospects of commercial growth can rescue the world economy. What changes can overcome this predicament? Well, some academic scholar’s offers serious concern that a long term rebound towards prosperity is no longer possible.

Read the entire article on the “Negotium” archives


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