Not only will there not be a recovery, but there can’t be a recovery, as those brittle extremes have been lost for good. How did the global economy end up teetering on a precarious financial…
Category: Economy
This article describes how China can escape the fate of a dollar collapse by tying the yuan to gold. There is little doubt she has access to sufficient gold. Currently, her interest is to preserve…
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar. At this stage…
Over 44 million Americans lost their jobs as authorities introduced lockdown measures aimed at curbing the spread of the disease. The reopening of the country has resulted in a decline in the jobless rate, however,…
China remains the world’s second-largest holder of US treasuries, standing at about $1.08 trillion. Japan is number one, with $1.26 trillion in US debt. Growing tensions between the US and China over the handling of the…
A new centralized processing platform for e-RMB fits the need for self-reliance when ties with US sour China has made a head start in the global race to research and launch a full digital currency,…
They have destroyed our capitalist democracy and replaced it with a mafia state. … American billionaires have gotten $434 billion richer since the pandemic. The ruling elites no longer have legitimacy. They have destroyed our…
As the Federal Reserve continues printing money, its chair, Jerome Powell, insists that the central bank’s policies will “absolutely not” lead to more income inequality. RT’s Keiser Report points out that Powell forgot to…
According to a recent report, American billionaires have enjoyed a huge boost in net worth in the first two months of the Covid 19 pandemic, earning around $434 billion since March 19, when many states…
While the world’s second-largest economy, China, has suffered its first contraction on record due to the Covid-19 pandemic, some experts argue the country has been preparing for a possible crisis for a long time. RT…
