United Steelworkers: Free Traders Are Wrong, Tariffs Not Causing Inflation

JOHN BINDER 13 Jan 2022 Inflation is not being driven by United States tariffs on steel, aluminum, and other foreign imports, the United Steelworkers (USW) urge lawmakers. As inflation surges throughout the nation, USW leaders are warning free trade lawmakers — recently blaming tariffs for rising costs — that they will be held accountable come election time. […]

BlackRock’s Assets Top $10 Trillion On Biggest Quarterly Inflow Since 2015

BY TYLER DURDEN FRIDAY, JAN 14, 2022 – 09:45 AM BlackRock burnished its reputation as the world’s largest asset manager on Friday when it revealed in its Q4 earnings reports that its assets under management had finally topped $10 trillion, marking a new world record for a publicly-traded asset manager. Surging equity valuations helped propel […]

Copper Supply Squeeze Coming

BY CAPITALIST EXPLOITS FRIDAY, JAN 07, 2022 – 12:01 WATCH COPPER! Leftist Boric wins Chile presidential election after far-right rival Kast concedes defeat Chilean leftist Gabriel Boric won the country’s presidential runoff election on Sunday, capping a major revival for the country’s progressive left that has been on the rise since widespread protests roiled the Andean […]

Redditors Raged Against the News Blackout of the Fed’s Bailout – Then All Hell Broke Loose When They Learned the Wall Street Banks Literally Own the New York Fed

By Pam Martens: January 4, 2022 ~ We were attempting to hold the Fed, Big Media, and the Wall Street megabanks accountable with our article yesterday on mainstream media’s news blackout of the Fed’s release of the names of the Wall Street trading houses that got $4.5 trillion in cumulative repo loans from the Fed in the last quarter of […]

World’s Largest Coal Exporter Warns Of Energy Crunch, Imposes Export Ban 

BY TYLER DURDEN TUESDAY, JAN 04, 2022 – 12:00 PM Chinese coal futures rose on Tuesday on Indonesia’s export ban over the weekend. Indonesia is the largest exporter of dirty fossil fuel, stoking fears of supply woes as the Northern Hemisphere winter is underway.  Bloomberg Intelligence notes ever since China suspended coal imports from Australia […]

Kremlin reveals new independent Russian-Chinese financial systems

Russia and China will develop shared financial structures to enable them to deepen economic ties in a way that foreign states will be unable to influence, the Kremlin has announced following talks between the countries’ leaders. By Layla Guest The move appears to be a response to a series of warnings that Western nations could push […]