David Stockman

Scoring And Own Goal: How Washington’s Sanction Madness Will Destroy The Dollar

The beginning of the end for the dollar’s dominance can probably be traced back to 2001, with the terrorist attacks on September 11th. After that the US began to impose hefty fines on banks overseas for money-laundering and sanctions avoidance. Since then, Trump has taken financial warfare to a new level, using sanctions against Iran, …

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Red Ponzi Alert: Tip Of The Global Bubble Plunges Into Lockdown

My Bubble thesis views China as the marginal source of both global Credit and demand for commodities (and much else). Any development posing risk to China’s vulnerable Bubble rather quickly becomes a pressing global issue. It’s worth noting the Bloomberg Commodities Index dropped 3.1% this week. WTI crude sank 7.4%, while Copper was hit for …

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The Dem’s Real Impeachment Aim: Preemptively Invalidate The 2020 (Re-)Election

You have to wonder how many Democratic senators spend the long hours of impeachment fantasizing how to end the misery of listening to Rep. Adam Schiff deliver the party’s funeral oration. Please God, hurl a lightning bolt at the podium… bring down a chunk of the fine old coffered ceiling where he stands and prates about …

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Shifty Schiff: Warmongering Stooge Of The Deep State

All the usual suspects are praising Adam Schiff’s marathon two-and-a-half-hour Senate speech on Wednesday to the skies……But in fact it was the opposite – a fear-mongering, sword-rattling harangue that will not only raise tensions with Russia for no good reason, but sends a chilling message to dissidents at home that if they deviate from Russiagate …

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Oooops! Soybean Prices Plunge To Six Week Low On Lack Of China Buys

Chicago Board of Trade soybean futures plunged to a six-week low on Friday – giving up at least half of the gains seen in the run-up to the signing of the “Phase One” Trade deal last week.           https://www.zerohedge.com/markets/soybean-prices-plunge-six-week-low-lack-china-buys To access this post, you must purchase Monthly Subscription, Quarterly Subscription or Annual Subscription.

Why We Like Ike—The Only Modern President Who Actually Made MAGA

So, you’d think that if you were serious about making America great again, you’d want to emulate Ike Eisenhower rather than George W. Bush or Barack Obama. You’d want to end wars, not start them. You’d want to balance the federal budget, not run some of the biggest deficits in history. You’d reduce federal spending …

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The Dem’s Thin Impeachment Gruel And The Law Attempts

Leff was speaking of what is loosely called “the law of attempts,” a category of crimes where someone is accused of contemplating, but not actually carrying out, an unlawful act. The Trump trial could be the first time the Senate considers charges that amount to allegedly conceiving, but then abandoning, an abuse of power. While it …

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