RT – July 31, 2017: The US Treasury Department has announced that it is sanctioning Venezuelan President Nicolas Maduro, describing the Constituent Assembly elections held in the country on Sunday as “illegitimate.”
In an update on Monday, the US Treasury’s Office of Foreign Assets Control said it had added Maduro to its Specially Designated Nationals (SDN) list. This means that any US-based assets of his have been frozen, and American citizens are forbidden from conducting any business with him.
…According to Treasury Secretary Steven Mnuchin, the White House considers the elections held in Venezuela to be illegitimate and holds Maduro responsible.
…Ahead of the vote, the US Treasury had already slapped sanctions on 13 senior Venezuelan officials for allegedly “undermining democracy” with the initiative. Link: Read Complete Article
END
The Reason Behind The United States Mischief With North Korea – America-China Financial Wars; And Iran
BATTLEFORWORLD – April 29, 2017 (updated July 29, 2017): Why is the United States being mischievous in South East Asia? Well, the truth is that Donald Trump during his US presidential campaign was very vocal leading up to the election, saying that it was always about China, China, China, but after the election he realized that China did not swallow the bait in the way that he had anticipated. And so Trump has decided (or rather the Ruling Elites have decided for him in foreign policy) to move onto North Korea, Iran and Syria, starting war conflicts and bellicose fearmongering, to panic the holders of US Dollars back into the United States Treasury Bond Market, to keep the interest rate low, so that the financial Ruling Elites can continue their Ponzi scheme (Wall Street speculative bubble markets, etc.). Link: Read Article
END
Greenspan Warns About The Economy
LOOMBERG – July 31, 2017: No Bubble in Stocks, but look out when Bonds pop (BATTLEFORWORLD: U.S. Treasury Bonds), Greenspan says. Inflation won’t stay at historically low levels (BATTLEFORWORLD: And when it pops, inflation will skyrocket. Refer to the article The Reason Behind The United States Mischief With North Korea – America-China Financial Wars; And Iran), dooming bonds, Fed Model justifies elevated stock valuations for now.
Equity bears hunting for excess in the stock market might be better off worrying about bond prices, Alan Greenspan says. That’s where the actual bubble is, and when it pops, it’ll be bad for everyone. “By any measure, real long-term interest rates are much too low and therefore unsustainable,” the former Federal Reserve chairman said in an interview. “When they move higher they are likely to move reasonably fast. We are experiencing a bubble, not in stock prices but in bond prices. This is not discounted in the marketplace.”
“The real problem is that when the bond-market bubble collapses, long-term interest rates will rise,” Greenspan said. “We are moving into a different phase of the economy — to a stagflation not seen since the 1970s. That is not good for asset prices.”
Stocks, in particular, will suffer with bonds, as surging real interest rates will challenge one of the few remaining valuation cases that looks more gently upon U.S. equity prices, Greenspan argues.
If rates start rising quickly, investors would be advised to abandon stocks apace, Greenspan’s argument holds. Link: Read Complete Article
END