us dollar
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Trump’s tariffs hurt the US much more than China – Economist Michael Hudson explains
Donald Trump’s tariffs benefit rich elites at the expense of the majority, argues economist Michael Hudson. He explains how the trade war on China is isolating the US, while encouraging alternatives. Continue reading
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EU/Germany parting of the ways?
From its inception the European Union was an ambitious strategy to build an economic bloc which would serve as a counter-weight to the US’s global economic dominance. (1) One of the primary conditions of this overall construction involved the creation of a single strong currency, the euro, that could become the rival to the US$.… Continue reading
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Is the US or the World Coming to an End? By Paul Craig Roberts
Two pressures are building on the US dollar. One pressure comes from the Federal Reserve’s declining ability to rig the price of gold as Western gold supplies shrivel and market knowledge of the Fed’s illegal price rigging spreads. Continue reading
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On the «bombshell» dropped by China on 20 November 2013 (II) By Valentin Katasonov
The possible repercussions of «liberating» the yuan. We, however, are not going to put a lid on it as the Chinese liberals would like to do, but are going to continue examining the chain of cause and effect: Continue reading
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On the «bombshell» dropped by China on 20 November 2013 (I) By Valentin Katasonov
Since 21 November, an article by well-known financial analyst and blogger Michael Snyder under the headline «China announces that it is going to stop stockpiling US dollars» has spread through the media like wildfire. Continue reading
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The Entire Fiat Money System is Bankrupt: Demise of the Global US Fiat Dollar Reserve Currency By Matthias Chang
The events unraveling post Bernanke’s decision not to taper QE is most significant because it confirms our analysis that the banking crisis has not been resolved in any significant way after five years of money printing and massive asset inflation. The fiat money system has but one outcome – total collapse. It will also mean… Continue reading
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Crisis Chronicle: U.S. pulls the plug on the world
The U.S. administration has prompted a huge surge in the U.S. dollar, which may help refinance its financial sector. The cost is a currency whirlwind that threatens the collapse not just of banks and companies but entire countries. In the past week the financial crisis, which began in banking and spread to stocks, has careered Continue reading
The New Dark Age 