Libya: WASHINGTON REAPS WHAT IT SOWED

Media Reports on the Tragic Assassination of  US Ambassador  J. Christopher Stephens New York Times September 12, 2012 J. Christopher Stevens arrived in Benghazi, Libya, in April 2011 aboard a Greek cargo ship carrying a…

China and Russia Ruthlessly Cutting The Legs Out From Under The US Dollar: The End Is Coming: The Party Is Almost Over

The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in the United States to go way up. Right now, the U.S. dollar is the primary reserve currency of the world. Even though that status has been chipped away at in recent years, U.S. dollars still make up more than 60 percent of all foreign currency reserves in the world. Most international trade (including the buying and selling of oil) is conducted in U.S. dollars, and this gives the United States a tremendous economic advantage. Since so much trade is done in dollars, there is a constant demand for more dollars all over the globe from countries that need them for trading purposes.