from The Duran:
by Andrew J Basevich, The American Conservative:
The ongoing parallel crises in the United Kingdom and the United States invite us to contemplate unwelcome truths about the nature of politics in the 21st century. In both countries, deep divisions have resulted in paralysis. In both, that paralysis represents something more profound: disagreement over the meaning and proper conduct of contemporary democracy. Yet there is little evidence that elites on either side of the Atlantic understand the actual problem at hand. Hence, the likelihood that it will fester.
by Elias Marat, The Mind Unleashed:
As the Yellow Vests gear up for their tenth consecutive week of protests, dubbed “Act X” by the grassroots social movement, President Emmanuel Macron’s government appears to be raising the stakes of repression in an attempt to quell protests and chill French constitutional guarantees of free speech.
Such appeared to be the case after 28-year-old Frenchman, journalist and movement leader Hedi Martin was sentenced last week to six months’ imprisonment after publishing a Facebook event calling for the Yellow Vests (or Gilet Jaunes).
by Martin Armstrong, Armstrong Economics:
If you ever needed proof that government is collapsing, here it is live and in full color. Freshman Congresswoman Alexandria Ocasio-Cortez (D-N.Y.) was just placed on the House Financial Services Committee. Who is the Chairperson? None other than the controversial Maxine Waters (D-Calif.). We now have two people with absolutely NO expertise in this field going to overlook banks and Wall Street. This illustrates the entire problem and crisis we face. This like directing me to operate as a Brain Surgeon without any consideration if I even understand the field no less have any experience.
Pro-European MPs from various political parties are pushing back against claims made by Prime Minister Theresa May’s government that a second Brexit referendum – which supporters have branded as a “People’s Vote” on May’s deal – would take roughly 14 months to organize, according to RT.
But while support for a second vote grows, one of the most notorious proponents of the original “Vote Leave” campaign is hinting at a possible return to politics to try and fight the effort.
by Peter Schiff, Schiff Gold:
Last February, we asked the question: who will buy all of this US debt?
With the demand for US Treasuries dropping precipitously as the US Treasury floods the market with paper, it’s time to revisit that question.
With the US running huge deficits every month, the Treasury Department is selling bonds at a dizzying pace. Long-term US debt sales have risen to a level not seen since the height of the financial crisis. In November alone, the US Treasury sold over $200 billion in public debt. The department sold bonds at an average rate of $123 billion a month in the six months between June and November. This pace of borrowing is expected to continue into 2019.