AIER | The dollar can no longer be propped up as the singular world reserve currency.
Saudis Confirm Non-Dollar Oil Trade Plans at Davos
Zero Hedge | Is it really dusk for the petrodollar, and dawn for the petroyuan?
Japan on Verge of Systemic Financial Collapse
21WIRE | Japan is way over-leveraged, and could very well see a repeat of its epic economic crash of the 1990s.
Jubilee: A Debt Reset
Blake Lovewell | As the people amass to celebrate the 70th year of the Queen’s reign, it’s worth asking: could a debt jubilee be an answer to their prayers?
Sanctions Blowback: Who Will Be Hurt More, Russia or the West?
Renegade Inc. | Will they end up hurting the economies in western countries more?
Ruble Surges After Putin Ditches Dollars and Euros for Russian Oil and Gas
21WIRE | The US plan to ruin the Russian economy may have just backfired in the most extraordinary way.
Why Latest Fed Rate Cut Will Not Stimulate Investment or Growth
Stephen Lendman | Warning: QE dropping money on Wall Street to near-zero interest rates will boost asset valuations to bubble levels.
‘China Will Cause Dollar to Lose Reserve Currency Status’ – World’s Largest Hedge Fund Manager
21WIRE | One of the main drivers of this transition is not only the Chinese economy – but its culture too.
Russia Backs EU Pledge to Move Off the Dollar for Energy Trading
21WIRE | if the EU enter into a commercial agreement with Russia to trade in euros – this would spell serious trouble for the dollar.
Planetary Fiat: Does a $100 Trillion Debt Total Really Matter?
James Hall | More than ever, debt is everywhere, but it just does not seem to matter. Why?
China Dumps $50 Billion in US Treasury Paper, Leaving Europe to Pick Up Slack
21WIRE + Zero Hedge | China sold second-largest amount ever of US Treasuries, and guess who came to America’s rescue?
You’re Being Robbed (and you don’t even know it)
21WIRE + Mail Online | The money pickpocketed from savings and wages through this cunning attack is used to pay off the nation’s debtors, including our own Government.
First Nuke In Currency Wars: Venezuela Launches Devalues Currency By 46%
BIN | Here comes Venezuela and shows the banana republics of the developed world what lobbing a nuclear bomb into a currency war knife fight looks like.
WHAT’S NEXT: Doing The Global Currency Shuffle
By Brandon Smith Alt Market July 18, 2011 In mainstream financial circles, the concept of a global currency is often spoken of only with an atmosphere of caution. It is approached always in hypothetical terms. It is whispered of as some far off dream; a socio-economic moon landing in the far reaches of fiscal space. […]
FIAT vs METAL: DREAMTIME GOLD, THE EURO AND OTHER NEW MONEYS
The ECB is technically insolvent, but we won’t hear that on primetime By Andrew McKillop 21st Century Wire July 16, 2011 Once upon a time there was the Eurozone and its all-new hard money, the EURO… It got off to a good start with a monstrously high forced surrender cash-in rate for the national moneys […]
A NEW DAWN FOR THE IMF: SWITCHING DEBTS TO ASSETS
Andrew McKillop | The fear of anarchy and revolution in the post-liberal world – and a total loss for global finance players – is now moving up the teleprompter.