Russia and China Developing Anti-Satellite Weapons For Space Wars

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Anti Satellite Weapons

Many readers wrote in stating that they loved the concept of us posting excerpts to other interesting articles. In keeping with that theme, we think the following post could make for a great read. A wide array of topics is covered as we believe that in today’s world of finance everything is interrelated. Mass Psychology states that if your centre of attention is on one particular target; it is akin to looking at the tree only and forgetting that it is part of the forest. Lastly, the media is rife with fake news; in reality, the media pushes nothing but fake news for lies sell more than the truth

Markets can remain overbought or irrational for much longer than most bears can remain solvent – this is a very irrational market. The Fed is supporting it and openly encouraging the corporate world to commit fraud by borrowing large sums of money (on the cheap). These funds are then used to buy back shares to manipulate EPS. It, however, also can push stock prices higher. Many experts state that this market can’t trade higher much longer, but they have been saying that for over two years and counting. Take a look at the chart below, and while we do not wish this outcome for the Dow, it cannot be ruled out. Irrational Markets and Foolish investors; perfect recipe for disaster

Russian and China Gaining Ground on Anti Satellite Weapons Tech

The U.S. Department of Defense says the development of anti-satellite laser weapons by China and Russia is among the key concerns necessitating the need for a U.S. Space Force.

In a report to the Congressional Defense Committees released Thursday, the Pentagon warned that while U.S. space technologies have historically been more advanced than those of its rivals, the gap is narrowing as “those potential adversaries are now actively developing ways to deny our use of space in a crisis.”

“China and Russia, our strategic competitors, are explicitly pursuing space warfighting capabilities to neutralize U.S. space capabilities during a time of conflict,” states the report, released the same day that U.S. vice-president Mike Pence announced that the U.S. would have a Space Force by 2020, pending Congressional approval.

Pence cited China and Russia as threats to U.S. space interests, stating that outer space may have been a peaceful and uncontested area in generations past, but is now “crowded and adversarial.”
The Pentagon report claims that both China and Russia are making gains in developing anti-satellite weapons designed to take down U.S. satellites in a potential war situation.

“Both countries are advancing directed energy weapons technologies for the purpose of fielding [anti-satellite] systems, says the report, citing national intelligence director Dan Coats’ May 2017 worldwide threat assessment statement. Full Story

Anti Satellite Weapons

Russian and China Gaining Ground on Anti Satellite Weapons Tech

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