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Now it’s not just Europe where formerly-fringe candidates are suddenly vying for power. The US presidential primaries, which were supposed to be coronations for the latest Bush/Clinton snoozfest, have turned interesting and in some cases surreal, as Donald Trump, who a few short months ago was viewed as a kind of circus clown by most […]


Why There’s No Political Fix

by John Rubino on February 3, 2015 · 28 comments

Tuesday’s markets really liked hearing that Greece’s new “radical-left” leaders had, once in office, backpedalled on their demand for debt restructuring. Now they apparently just want the country’s unmanageable debt to be rescheduled. See Hopes for Greek Debt Deal Rise After Athens Softens Tone. This, of course, is just semantics. Either a big chunk of […]


Political Earthquake in Europe

by John Rubino on May 26, 2014 · 21 comments

One of the last remaining impediments to total global domination by the banks and their politicians is the quaint tradition of popular elections. Every so often the powers that be are required to see if the 99% want them to remain in charge. Obviously since the global financial system is still intact the answer, implicit […]


A growing number of Americans seem to have concluded that elections offer no real choice, that whoever wins is going to spend and borrow more each year and extend Washington’s power here and abroad, so why bother voting? That point of view is being ratified by the budget deal now working its way through Congress. […]


What the Republican Civil War Means For Gold

by John Rubino on October 18, 2013 · 45 comments

In one sense, the past couple of weeks’ debt ceiling debate was just one more in a long line of annoying-but-otherwise-pointless pieces of bad political theater. But in another sense it was a turning point, one that may have put the democrats completely in charge. Consider: In a system with two viable parties, each side […]


Secessionist Movements: Another Layer of Complexity

by John Rubino on October 30, 2012 · 9 comments

One of the lessons of medieval history (I’m listening to one of those recorded lecture series on the subject this week) is that Europe wasn’t always made up of today’s familiar countries. Italy, Germany, and Spain in particular started out as a patchwork of smaller kingdoms and principalities that were eventually rolled up by the […]


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