via Ft. Benning Facebook page.
Monday, September 22, 2014
Sunday, September 21, 2014
Its the economy stupid.
Major Hat Tip to "Bayou Man" for the link.
via The Telegraph.
I keep saying that this artificial construction called globalization is going to collapse and this is another piece of evidence that a global recession is on the horizon.
via The Telegraph.
1 - China slowdownRead it all.
The Chinese economy is slowing and this increases risks for investors around the world. China contributes more than a quarter of world economic growth and is the largest buyer of commodities in the world to fuel its massive construction boom.
2 - Iron ore price slump
Iron ore is an essential raw material needed to feed China's steel mills and as such is a good gauge of the construction boom.
The numbers coming out of China's steel industry are shockingly bad. Shanghai steel futures have fallen to a record low and the sector’s profit margin has also apparently halved to just 0.3pc. A survey of China steel mills that incorporated 2,235 firms or 88pc of Chinese listed companies showed that much of the industry was reliant on subsidies from the state to remain porofitable.
3 - Oil price slump
The oil price is the purest barometer of world growth as it is the fuel that drives nearly all industry and production around the globe. China is also the world’s number one importer of oil.
Brent Crude, the global benchmark for oil, has been falling in price sharply during the past three months and hit a two-year low of $97.5 per barrel, below the important psychological barrier of $100.
I keep saying that this artificial construction called globalization is going to collapse and this is another piece of evidence that a global recession is on the horizon.
IDF Company & Battalion Commanders Course.
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| IDF Commanders Perform Week-Long Exercise As a part of the company and battalion commanders course, the Nahal Brigade and the 401 armored Brigade performed an week long exercise. |
They're turning to on the Company and Battalion exercises pretty quick after the recent hostilities.
Additional the units involved, the 401st Armored and the Nahal Brigades were some of the units most involved in the fighting. Either they're expecting more action real soon, or the battle went worse than we're being told.
Operation Summit, the first helicopter-borne landing of a combat unit
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| via Naval History & Heritage Command Sikorski HRS-1 Helicopter (Bu # 127795), of Marine helicopter squadron HMR-161 "Foxhole Relief -- A 1st Marine Aircraft Wing transport helicopter takes out a fresh load of replacements for the 1st Marine Division at an advance base in Korea. The troop drop was into the front lines, while Marine Corsair fighter-bombers furnished air support to keep enemy guns quiet on a nearby hill position." Photograph and caption were released by Commander Naval Forces, Far East, under date of 22 November 1951. Note Browning automatic rifle (BAR) carried by the Marine at left, and M1 rifles carried by other men. Official U.S. Marine Corps Photograph. NHHC Photograph Collection, NH 97100. |
A national security 'October Surprise' from Dems??
Check out the above vid. Bob Beckel has had me scratching my head all morning over his prediction of an October Surprise dealing with national security.
What could it be?
Could they already know where the leader of ISIS is and they're waiting to actually kill or capture him? An accelerated pullout of Afghanistan? Snowden coming back to the US and will reveal what he stole while at the same time being allowed to walk free?
I'm really not sure.
What I do know is that the American people consistently label the economy as the number one issue. I just can't imagine what they think they can do on the national security level that will energize their base, neutralize Republican enthusiasm and deliver them the Senate.
This bears watching though.
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