© PHILIPPE HUGUEN
Economy
Americans’ Life Savings Disappear From Mexican Bank Accounts (Sparky1)
In late December, Kathy Machir called Marcela Zavala Taylor, her banker of nine years at Mexico’s Monex Casa de Bolsa, to get cash for contractors building her retirement home in San Miguel de Allende. Typically, Zavala would wire money or dispatch her assistant, Juan, on his motorcycle with an envelope full of pesos.
Malaria back with a vengeance in crisis-hit Venezuela (Sparky1)
With a tiny budget, the malaria clinic, which was opened in 1973, relies on donations.
Between 20 and 30 people a day from all over the country come get diagnosed and receive medication to alleviate the symptoms of a disease that can be fatal.
Beijing is building hundreds of airports as millions of Chinese take to the skies (Sparky1)
While alarming and fascinating in equal measure, these headlines conceal another tale — one of a country undergoing a breakneck expansion into the world of flying as its people take to the sky in rapidly increasing numbers.
After laying off 7,000 workers, what’s next for Ford? (Thomas R)
Ford is facing an assortment of challenges, including sales and share declines in the U.S. and China, its key markets. It’s been hit hard by President Donald Trump’s trade wars, and this week the auto giant confirmed it is axing 7,000 white-collar jobs, with some questioning whether further cuts could follow.
Oil Market Is Set To Become Very Tight Later This Year (Thomas R.)
“The Jul/Aug spread continues to move into deeper backwardation, with the spread trading as high as US$0.78/bbl this morning, up from US$0.61/bbl on Tuesday. This spread strength does suggest that the spot physical market continues to tighten,” Patterson noted.
Gold & Silver
Click to read the PM Daily Market Commentary: 5/24/19
Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”
Join the discussion
10 Comments
Sun, May 26, 2019 - 3:56pm
#1Beijing is building hundreds of airports as millions of Chinese take to the skies
Little wonder that BAU opinion in Australia is that it’s totally pointless for us to do anything to reduce our carbon emissions, including exporting megatons of coal, while the likes of China go on a massive carbon spending spree. We might as well cash in now. Oh, and climate change is not real, got that? And don’t let the doomsayers spoil your revenue streams and dreams.
I understand that commercial aviation is one of the major injectors of CO2 into the atmosphere and at high altitudes, precisely where it does the most harm. If so, better cash in as early as possible!
This all makes good business sense. Or something.
Login or Register to post comments
Mon, May 27, 2019 - 4:20am
#2Memorial Day
Today is the day to remember and honor those who fought and died so that we can freely express political opinions that are unpopular at any given minute. Perhaps it is also a good time to consider how we exercise that freedom and do so with a little less rancor and more of a sense of we are all in this together.
Login or Register to post comments
Mon, May 27, 2019 - 9:50am
Reply to #2memorial day
I definitely remember our veterans who gave their lives – I also remember who sent them off to war, and the lies they told us to do that. My Uncle went to Vietnam in 1968, thanks to Tonkin Gulf and the Domino Theory. Fortunately he came back, but a third of his unit did not.
I mourn their loss – and because of that, I will never forget Tonkin Gulf. Or any of the other false flag operations that sucked the nation into war again, again, and again.
Hopefully we can avoid war with Iran, and Venezuela, so we don’t have more soldiers to mourn next Memorial Day.
Login or Register to post comments
Mon, May 27, 2019 - 10:36am
#3Memorial Day
“Today is the day to remember and honor those who fought and died so that we can freely express political opinions that are unpopular at any given minute. Perhaps it is also a good time to consider how we exercise that freedom and do so with a little less rancor and more of a sense of we are all in this together.” – Doug
Ironic since the system that has been sending our youth off to fight and die since at least the mid 60’s has been doing it’s damnedest to strip us all of those very rights which you speak (consider reading the Patriot Act).
War and Young Americans (The Automatic Earth)
“In 1956, president Eisenhower, himself a longtime military man, warned the country upon taking leave of office, of the military-industrial complex that was threatening to take over its government. Less than 10 years later, that’s exactly what the complex did, and it’s never looked back.
And I’m thinking: you never learned anything at all? Not from Ike, not from Vietnam, not from the non-existent Iraqi WMD, and not from Libya or Syria? How is that even possible? Oh wait, I know, because the New York Times, Washington Post, CNN et al is where you get your so-called news. That’s why. Gotcha.”
Login or Register to post comments
Mon, May 27, 2019 - 11:21am
#4As geeze
I grew up among men, including my father, who were WWII and Korea vets. Although I am a non-combat vet, many of my friends, co-workers and peers are combat vets. I knew a few who died in Vietnam and several who were wounded there. I knew one old man who bore the scars of mustard gas from WWI and another who wore the tatoo from a German concentration camp.
Thanks, to a large extent, to America’s contributions most of Europe, Japan and South Korea are not subjects of totalitarian rulers today.
Memorial Day is to honor those who fought, not those who sent them off to war. They can be honored without finding every negative aspect of our involvement in every military involvement we have had. Just honor those who died through no fault of their own. Can you do that?
Login or Register to post comments
Mon, May 27, 2019 - 11:27am
#5Oh, btw
Eisenhower was Supreme Commander of Allied Forces in Europe and POTUS, not just “a longtime military man.”
Login or Register to post comments
Mon, May 27, 2019 - 4:21pm
#6Craig Murray on the Skripal and Douma "Chemical Weapons Attacks"
At long last the report from the Organization for the Prohibition of Chemical Weapons (OPCW) technical analysis has been leaked to the public. Slowly. Over a long time. In small pieces. And long after a false “conclusion” has been widely accepted by the general public and acted on by political leaders.
Several canisters were examined and found to not be damaged in ways typical of canisters that fell to the ground. One was found lying on a bed in a house and was undented–not compatible with the story of crashing though the roof which was made of concrete reinforced with rebar. In fact, examination of the canister suggested that it was laid on the bed manually.
Another canister was found lying in a hole on the ground.
Similarly, the Skripal story similarly does not hold together. When the pieces are assembled in one place, it is the flimsiest of lies.
Murry also established that The Guardian and Bellingcat are consistent mouthpieces for the Neocon Atlantic Council and their partners in the western intelligence services working hard to justify more wars.
But, the public is increasingly distrustful of fanciful stories. It is getting harder to convince the often fooled public with fake evidence these days.
Login or Register to post comments
Mon, May 27, 2019 - 4:36pm
#7And MIT's Former Pentagon Analyst, Theodore Postol Says Douma was staged
Continuing with the theme of honoring veterans by not sending more young men to war for spurious reasons, former Pentagon Analyst and MIT rocket scientist reviews the leaked OPCW report and concludes the same as Craig Murry: The story is fake.
And he added, “I would simply say that the evidence is overwhelming that the gas attacks were staged, and then I would explain why this evidence is overwhelming.”
(Source)
Login or Register to post comments
Mon, May 27, 2019 - 9:31pm
Reply to #4two thoughts
Doug-
It is possible for me to have two thoughts in my head at the same time.
I can, at the same time I honor these men, also take note that every war (in which these same men died) in the last 50 years was started either with a lie, or an attempt to execute “Regime Change” because our clever folks in Washington concluded that the people in charge in <target country> weren’t the ones we wanted in power.
I know. I’m being disagreeable. I can see that me pointing out the lies at the heart of our Eternal War Machine bothers you. But here is my question to you – which I’m confident you won’t answer:
Would those who gave their lives for this country prefer we just honor their sacrifice, or – do you think – would they prefer we both honor their sacrifice, and use the occasion to try and help prevent their sons and daughters from dying in future wars of choice started by lies told by the Eternal War Machine in Washington?
My guess is, our warriors would greatly prefer that the ones they died to protect not be killed unnecessarily – ground up by Washington’s Eternal War Machine.Its not fashionable to be anti-war anymore, I know. Democrats are pro-war, and of course so are Republicans. Funny thing is – the people of the country are largely sick of war.
Maybe its not so funny.
It is a little odd for you to accuse me of talking about “every negative thing” – when in fact what I’m talking about is the casus belli itself – why did we go to war in the first place? If we are the slightest bit interested in preventing future waste, horror and death, this is where we must start. “What was the cause of the war.” Short answer: lies. Or so I claim.
And yet – you seem uninterested in this subject. Whenever it comes up, you nitpick around the edges, but you avoid direct engagement. Why is that, do you think?
Login or Register to post comments
Wed, May 29, 2019 - 9:29am
#8Dave
As so often happens here, I start our with a simple declarative statement with which, I usually assume, most would agree with. In this case I made a plea that our veterans be honored on Memorial Day. That is the intent of the day. I also wished that we could proceed in a civil manner.
Then the spinning and misinterpretations begin.
[quote]I know. I’m being disagreeable.[/quote]
I agree.
[quote]Would those who gave their lives for this country prefer we just honor their sacrifice, or – do you think – would they prefer we both honor their sacrifice, and use the occasion to try and help prevent their sons and daughters from dying in future wars of choice started by lies told by the Eternal War Machine in Washington?[/quote]
You’re asking for my opinion on what literally millions of veterans would think about that question. As usual, there are as many opinions as there are people who hold them. But, I think all veterans agree that Memorial Day has been set aside for us to honor them. There are 364 other days each year for others, many politicians, to bloviate on all related and unrelated questions.
I take a back seat to no one in my anti-war sentiments. If you knew my history you would know that.
[quote]My guess is, our warriors would greatly prefer that the ones they died to protect not be killed unnecessarily – ground up by Washington’s Eternal War Machine.[/quote]
Of course.
[quote]Democrats are pro-war, and of course so are Republicans. [/quote]
That is preposterous. D0 you even know any Democrats? I know a lot of them and have known them since Vietnam. I don’t know of one who favors war. That was a right wing meme during the 2016 campaign with many pontificating on how Hillary would populate her cabinet and staff with neocons who favor war. So, they (well not really) elected Trump (Hillary won the popular vote) who has proceeded to populate his cabinet and staff with warmongers, not least of whom are Bolton and Pompeo. They appear to be moving us perilously close to another war in the ME.
[quote]And yet – you seem uninterested in this subject. Whenever it comes up, you nitpick around the edges, but you avoid direct engagement. Why is that, do you think?[/quote]
If that’s what you really think, you have no idea who I am or what I think. Let me turn it back on you. What concrete measures have you taken to reduce the chances of war? Have you campaigned for legislation that would require the Congress to do its job of declaring war before they send our young people to fight? Have you campaigned for political candidates who don’t want to send our young people of to war? Do you write letters to the editor expressing your anti-war views? Have you attended any protests against war and those who promote it? I have done all of these things and more. But, wrt to what I originally wrote, can’t we set aside one out of 365 days to just express our respect for those who sacrifice and honor them without all the extraneous BS?
Login or Register to post comments
Login or Register to post comments