Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar. Most Americans don’t even know what […]
Divergence in monetary policy between the United States and Europe will bring parity between the value of the euro and dollar, according to ING Group. On Thursday the euro hit a low […]
Over the past decade, there has been only one other time when the value of the U.S. dollar has increased by so much in such a short period of time. That was […]
There was this great TV show on a couple of years ago called “The Last Comic Standing” where comedians competed until only the best one was left.I wish it were still on, […]
China and Russia have effectively switched to domestic currencies in trading using financial tools as swaps and forwards, as they seek to reduce the influence of the US dollar and foreign exchange […]
Ever since the creation of the Federal Reserve in 1913 Americans have seen the value of their currency dwindle. We know the dollar has lost some 97% of its value since the Fed took over. But it’s hard to actually grasp this destruction of value without some examples.
The US government’s decision to apply more sanctions on Russia is a grave mistake and will only escalate an already tense situation, ultimately harming the US economy itself. While the effect of […]
Over the past 6 months, there has been much talk about the strategic proximity between Russia and China, made even more proximal following the “holy grail” gas deal announced in May which […]
By creating their own multilateral financial institutions, the BRICS emerging-market powers are shaking up global economic governance but remain far from dismantling the post-war system dominated by the West. For the past […]
We don’t know how the dollar collapse or The End Of The Monetary System As We Know It (TEOTMSAWKI) will play out but numerous criminal actors, specifically the governments of what is […]
Let’s see. There’s Iraq, Russia, Syria, Pakistan, Iran…and on and on. It seems that whomever we help, they hated us before and they hate us after. Understood: The Middle East is a […]
As the Obama administration continues to alienate almost everyone else around the entire planet, an increasing number of prominent international voices are starting to question why the U.S. dollar should be so […]
(YouTube) “We have ahead of us here probably the worst fundamentals ever facing the dollar. I don’t think the U.S. dollar against the rest of the world’s major western currencies including the […]
A little over a month ago, when Russia announced the much anticipated “Holy Grail” energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar’s stranglehold […]
Glazyev’s set of countermeasures specifically targets the core strength of the US war machine, i.e. the Fed’s printing press. Putin’s advisor proposes the creation of a “broad anti-dollar alliance” of countries willing […]
