The U.S. is past master at the use of financial weapons and punitive sanctions. In World War I, the U.S. seized the Bayer Aspirin company from its German parent, Bayer AG. Months before Pearl Harbor, FDR froze Japanese funds in U.S. banks and put an embargo on oil shipments to Japan. In more recent times,
This article offers a fascinating peek inside Cheyenne Mountain, Colorado. Cheyenne Mountain is a military command and control complex buried 2,000 feet underground, carved out of solid granite, and able to withstand a direct hit from a nuclear bomb. The military uses it to monitor and respond to threats from all sources including terrorism, weapons of mass
I’ve covered the war on cash extensively both in my books and newsletter writings. There’s a reason for this. The elimination of cash is not something that happens overnight. It happens step-by-step, bit-by-bit, so slowly that no one seems to notice until it’s too late. A good metaphor is a frog being cooked by a
A Recession Is Coming… And the Fed Can’t Stop It
