anne-nivat's blog

The Fed, the Virus, and Inequality

Nomi Prins

Whether you’re invested in the stock market or not, you’ve likely noticed that it’s been on a roller coaster lately. The White House and most of the D.C. Beltway crowd tend to equate the performance of the stock market with that of the broader economy. To President Trump’s extreme chagrin, $3.18 trillion in stock market value vaporized during the last week of February. Stock markets around the world also fell dramatically.

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World War III's Newest Battlefield

Michael T. Klare

In early March, an estimated 7,500 American combat troops will travel to Norway to join thousands of soldiers from other NATO countries in a massive mock battle with imagined invading forces from Russia. In this futuristic simulated engagement -- it goes by the name of Exercise Cold Response 2020 -- allied forces will “conduct multinational joint exercises with a high-intensity combat scenario in demanding winter conditions,” or so claims the Norwegian military anyway.

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Trump Threatens Afghan Armageddon

Nick Turse

On February 4, 2002, a Predator drone circled over Afghanistan’s Paktia province, near the city of Khost. Below was al-Qaeda’s founder Osama bin Laden -- or at least someone in the CIA thought so -- and he was marked for death. As Secretary of Defense Donald Rumsfeld put it later, both awkwardly and passively: “A decision was made to fire the Hellfire missile.

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