New Private Blog post up on Patreon this morning that ties together a number of threads pertaining to a blow up in emerging market debt. To subscribe to the Private Blog join my Patreon and pldege at the $4/month level or higher.
oil
Saudi Arabia’s Needs Have Become Iran’s Problems
While Israel has been the barking dog pushing hostilities against Iran, it is the Saudis that are truly most threatened by Iran's return to the global economy. They are as much, if not a bigger, agitator for tearing up the Iran Nuclear Deal as Israel has been. A report earlier this week from the International … Continue reading Saudi Arabia’s Needs Have Become Iran’s Problems
The Neocons’ Real Plan for Syria Emerges from the Lack of Rubble
I told you over the weekend that Trump's presidency was over. As a practical matter it is. His yielding to his 'advisors' on every foreign policy issue makes it clear that he can't or won't stand up to the relentless pressure to do what his instincts tell him. This morning's article at the Deep State Washington … Continue reading The Neocons’ Real Plan for Syria Emerges from the Lack of Rubble
Is Putin Winning the War of Attrition with the U.S.?
The news that President Donald Trump offered to hold a meeting with his counterpart in the Kremlin, Vladimir Putin, has the political world in an uproar. Furiously keyboards are chattering away as laptop bombardiers are worried that perpetual war for perpetual empire will end if Trump and Putin see eye to eye on anything. From … Continue reading Is Putin Winning the War of Attrition with the U.S.?
Iran and India: Belt and Road by Another Name
Don’t tell the Iran hawks in D.C., isolating Iran won’t work. Iranian President Hassan Rouhani met with his Indian counterpart Narendra Modi this week and the two signed a multitude of agreements. The most important of which is India’s leasing of part of the Iranian port of Chabahar on the Gulf of Oman. This deal … Continue reading Iran and India: Belt and Road by Another Name
Rosneft End-Runs U.S. Kurdish Policy in Iraq
In what can only be seen as smart geopolitics, Russian state oil giant Rosneft just paid the recently vanquished Iraqi Kurds $1.3 billion for E&P (Exploration and Production) rights in their region. Remember that both Syrian and Iraqi Kurds enjoy nearly complete autonomy to govern themselves within those countries. Baghdad isn't happy, but this is … Continue reading Rosneft End-Runs U.S. Kurdish Policy in Iraq
War on Lebanon or Saudi Oil Price Pump?
It seems every day brings us closer to world war. The turmoil in Saudi Arabia is now morphing into outward aggression towards Lebanon and Iran. The Arab League is meeting to discuss Iran. The Saudis are putting their air force on alert. The propaganda war is in full-swing. And Israel is increasing its bellicosity against … Continue reading War on Lebanon or Saudi Oil Price Pump?
Saudi Purge: Desperation, Salvation or Both?
The dramatic events of the past two days in Saudi Arabia imply a whole new era in geopolitics. The problem is trying to figure out what that new era will look like. From the moment oil prices began falling in July of 2014, I knew something like this was possible. Currency, Currency, Currency The Saudi … Continue reading Saudi Purge: Desperation, Salvation or Both?