There is an interesting concept that perhaps even alternative economists, much less mainstream shills, never took into account... and that is that perhaps many of the trade deals that ended up removing American jobs twenty years ago weren't exactly in the best interests of those who signed them.
Of the many themes that will go down in history for the year 2016, perhaps one of the most significant will be the pivot of nations away from the U.S. sphere of influence, and their move over to America's perceived adversaries. Yet even this is just a microcosm of the great frequency change taking place that seems to even go beyond the 'Shmitah' phenomenon, and is similar in scope to changes incurred globally during the second decade of century 100, 200, and even 1600 years before.
Puns in the title of this article aside, an interesting divergence in the European Union force started taking place over the weekend as all of a sudden, Greece is looking towards Russia to partner with them on several large industrial deals.
Ever since the year 2000, the United States has used a combination of overt and covert wars to eliminate any leader or country that sought to function outside the U.S. controlled petro-dollar system. And with the revelations that there were no 'weapons of mass destruction' in Iraq when former President George W. Bush used that lie to invade and assassinate Saddam Hussein, the real reasons that he sent in the military to eradicate the government once and for all were due to the fact that Hussein was in the process of selling his oil in currencies other than the dollar.
Almost 100 years after President Calvin Coolidge declared, 'the business of America is business', the Obama administration has established a new label for the empire which says, 'the business of America is the stifling of business'. Because sure enough, it has been the domestic and foreign polices of the U.S. which have not only brought about Western economic decline, but they have also helped the East rise to the top and stand on the precipice of seizing control over the global financial system.
Immediately following the historic referendum vote in Britain on June 24, emotional and knee jerk reactions exploded all over Europe as political activists and parties in up to eight countries began publicly demanding their own referendums to decide on whether to also remain within the EU sphere.
Historically, you can tell when America is in recession because corporations dedicate their resources towards mergers and acquisitions rather than towards growth and expansion. And since the height of the Dot Com bubble in the late 1990's, the number of publicly listed companies on U.S. exchanges has fallen from just under 8,800, to just over 5,000 as of 2014
While Barack Obama tours Saudi Arabia, Britain, and Germany in an attempt to get them to sign on to the secret trade pact known as the Trans-Atlantic Trade and Investment Partnership (TTIP), two different nations are looking to join Russia with open arms for a new day of economic prosperity.