by Steve St. Angelo, SRSRocco Report:
As the U.S. and Global Oil and Gas Industry continues to cannibalize itself to stay alive, the Shale Dominoes begin to fall as a BHP Chairman announced its shale investment was a MISTAKE. Yes, it’s true, BHP Chairman Jacques Nassar said his company’s $20 billion shale investment six years ago, in hindsight, was a mistake.
According to the article, A $20 billion mistake: BHP Billiton chairman laments huge deal in US shale:
from Rogue Money:
Quick Overview: Once the world began a full blown transition into a global economy, the sovereign entities at the top of the heap took center stage. Competitive forces competing in a non-violent manner for business market share on the world stage is now more important than ever. To have major trade deficits with key world players is akin to putting yourself behind the curve. To put it bluntly, you are constantly playing “catch-up!”
If you happen to have the advantage of being the world’s reserve currency, like the USA, then you can “temporarily” stave off the final nail in your economic coffin. For reference, that would be the massive nail that defines a “needs” based product inflation. “ TEMPORARILY” is the operative word in the prior sentences.
by Tony Cartalucci, New Eastern Outlook:
Two Chinese teachers based in Pakistan’s southwest province of Baluchistan were reportedly abducted and murdered by militants from the self-proclaimed “Islamic State” (ISIS).
CNN, in an article titled, “‘Grave concern’ over Chinese teachers reportedly killed by ISIS in Pakistan,” would attempt to portray the act of terrorism as a random strike aimed at China’s expanding economic activity abroad.
In reality, the terror attack was very precise in terms of location and purpose, and fits into a larger pattern of violence and political instability that has plagued Pakistan’s Baluchistan province and China’s ambitions there for years.
US Using Proxies to Disrupt China-Pakistan Economic Corridor
Baluchistan, and more specifically, the port city of Gwadar, serve as the central nexus of the China-Pakistan Economic Corridor (CPEC). It is a complex and expanding system of rail, roads, ports, and other infrastructure projects built jointly with the Pakistani government to facilitate regional economic growth – and an integral component of the much larger One Belt, One Road initiative.
by Dave Hodges, The Common Sense Show:
The political world is abuzz with a mystery tweet made by Eric Holder at 317AM in the morning, two days ago:
Eric HolderVerified account @EricHolder
To the career men & women at DOJ/FBI: your actions and integrity will be unfairly questioned. Be prepared, be strong. Duty. Honor. Country.
12:17 AM – 30 Jun 2017
5,635 replies26,388 retweets65,829 likes
by David Stockman, DailyReckoning:
Ben Bernanke’s successors at the Fed and other global central banks still don’t get it.
Falsified debt prices do not promote macroeconomic stability. They lead to reckless credit expansion cycles that eventually collapse due to borrower defaults. We’re now seeing that play out in the auto sector, especially since anyone who can fog a rearview mirror has been eligible for a car loan or lease.
If that reminds you of the sub-prime housing disaster, you’d be right.
That, in turn, will make the looming collapse even worse, due to the sudden drastic shrinkage of credit in response to escalating lender losses.
How did we get here?
by Stephen Lendman, The Sleuth Journal:
All Western major media serve largely as mouthpieces for wealth, power and privilege.
On issues mattering most, notably geopolitical ones, they feature a daily drumbeat of deplorable misinformation, disinformation, fake news and Big Lies – utter rubbish!
CNN stands out as worst among all so-called television news media, its programming polar opposite what it should be, viewers consistently lied to and deceived, truth-telling banished from its reporting.
It notoriously features endless Trump bashing for the wrong reasons, not the obvious right ones. It’s viciously hostile to Russia, providing press agent services for administration and congressional Russophobes.
by Paul Craig Roberts, Paul Craig Roberts:
The 4th of July is upon us. We will hear all sorts of patriotic BS about how wonderful we are and how thankful we are to our brave military who defends our liberty.
Not a word will be said about the destruction by the Bush and Obama regimes of the US Constitution, which once protected our liberty far better than any military action.
Not a word will be said about Washington’s 16 years of purely gratuitous war in the Middle East and North Africa that has destroyed in whole or part seven countries, sending millons of war refugees to overrun the Western World and change the quality of life for Western peoples.
by Jhoanna Robinson, Natural News:
Cardiologist Dr. Aseem Malhotra said the secret behind the “world’s healthiest village”, which can be found in the village of Pioppi in southern Italy, was as simply as consuming less sugar.
Malhotra, a self-confessed ex-sugar addict, has immersed himself in the study of the factors contributing to heart disease and obesity in Britain. As such, his research led him to observe the residents of Pioppi, who mostly live up to 100 years of age, and he found out that diet, lack of stress, at least seven hours of sleep each night, and decrease in sugar consumption – only once a week – were the factors that led the Pioppians to have long lives.