Archive For: November 2015

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Seasonally Adjusted Global Warming

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How Turkey Enables ISIS----More Proof Of The Oil Transit Connection

Turkey’s move to shoot down a Russian Su-24 warplane near the Syrian border afforded the Russian President all the motivation and PR cover he needed to expose Ankara’s alleged role in the trafficking of illegal crude from Iraq and Syria and in the aftermath of last Tuesday’s “incident,” Putin lambasted Erdogan. “Oil from Islamic State is being shipped to Turkey,” Putin said while in Jordan for a meeting with King Abdullah. In case that wasn’t clear enough, Putin added this: “Islamic State gets cash by selling oil to Turkey.”

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Chicago PMI Contracts Again------ 6th Time in 10 Months

Volatility in the Chicago PMI likely has economists scratching their heads. Following last month's surge comes this month's contraction. It's been off and on for 10 months. No swing in either direction has lasted more than two months. Yet, the overall ...

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The Lull Before The Storm-----An Ideal Chance To Exit the Casino, Part 1

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The Wrong Kind of Fertile Ground

On December 11, 2014, spot WTI closed at $60.01, down sharply from $76.52 the week before that Thanksgiving. In the space of only a few weeks, oil prices had collapsed far more than anyone thought possible; and yet there was very little urgency to the outcome. Economists, in particular, parroted throughout the media, were quick...

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2015: The Last Christmas in Debt Besotted America

The game of enabling more debt by lowering interest rates and loosening lending standards is coming to an end. If we define Christmas as consumer spending going up while earnings are going down, 2015 will be the last Christmas in America for ...

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Here Come More Paddy Wagons----The Beijing Bosses Show The Real Essence of Red Capitalism, Market Plunges 5.5%

China’s biggest clampdown on malpractices in its securities industry kicked into higher gear this week with news that three of the nation’s largest brokerages are being investigated for alleged rule violations.

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Debt Debacle In The Oil Patch----The Big Collapse Is Coming Soon

As the crude industry has been wrestling with low oil prices that declined by over 50 percent since its highest close at $107 a barrel in 2014, many exploration and production companies worldwide and in the U.S., in particular, have faced large shortfalls in revenue and cash flow deficits forcing them to cut down on capital expenditures, drilling and forego investments in new development projects.

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The Story Line Dissolves

Sometimes societies just go crazy. Japan, 1931, Germany, 1933. China, 1966. Spain 1483, France, 1793, Russia, 1917, Cambodia, 1975, Iran, 1979, Rwanda, 1994, Congo, 1996, to name some. By “crazy” I mean a time when anything goes, especially mass killing. …

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The Phony War on ISIS

The downing of a Russian warplane by the Turks raises several questions, which can all be rolled into one big one: In the war against ISIS, which side is Turkey – and NATO – on, anyway? Now let’s list the subordinate issues that cause us to question what’s really going on in Syria: How can […]

The post The Phony War on ISIS appeared first on Antiwar.com Original.

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