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.
MARKET FLASH: GOLD PARABOLIC COMING THIS SUMMER
Andrew McKillop | Gov’t leaders worldwide will try to talk down and thwart this gold panic – at the same time as their central banks drive the process.