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Tag Archives: china
Easier said than done: National self-sufficiency in a changed world
Easier said than done: National self-sufficiency in a changed world In the wake of a rapidly evolving realignment of the world trading system resulting from the economic equivalent of World War III, President Joe Biden last week took the first of what are likely to be many steps toward building greater self-sufficiency for the United States. […]
Five critical factors why prices will stay high for years
Five critical factors why prices will stay high for years At approximately 9am local time on February 21, 1972, a Boeing 707 airplane dubbed Spirit of ‘76 landed in Shanghai’s Hongqiao airport. The airplane’s main door opened, and out walked US President Richard Nixon. The trip shocked the world. There had been no formal communication […]
The Petrodollar Collapse is Here! Disaster for U.S.
The Petrodollar Collapse is Here! Disaster for U.S.
US dollar’s dominance in oil markets may face challenge as Saudis reportedly eye yuan-based sales deal with China
US dollar’s dominance in oil markets may face challenge as Saudis reportedly eye yuan-based sales deal with China Saudi Crown Prince Mohammed bin Salman and Chinese President Xi Jinping. Lintao Zhang/Getty Images Saudi Arabia is in talks to sell oil to China and be paid in yuan, according to the Wall Street Journal. For nearly 50 […]
World Economy Braces For Supply Chain Chaos As COVID Closes China
World Economy Braces For Supply Chain Chaos As COVID Closes China The global economy is in disarray as the war in Ukraine unleashed a commodity shock with increasing risks of stagflation. Adding to the turmoil is an outbreak of COVID-19 in China that may unleash another supply chain crisis. News from China over the last day […]
The end of fiat hoving into view…
The end of fiat hoving into view… Tragic though the situation in Ukraine has become, the real war which started out as financial in character some time ago has now become both financial and about commodities. Putin made a huge mistake invading Ukraine but the West’s reaction by seeking to isolate Russia and its commodity […]
World War III Has Already Started, and It’s an Economic War
World War III Has Already Started, and It’s an Economic War Image © Chekov_UA. All rights reserved. In an article I published in April of 2018, World War III Will Be An Economic War, I outlined a number of factors that portend a large scale conflict between East and West and why this war would be mainly […]
The American Empire Self-Destructs, But Nobody Thought That It Would Happen This Fast
The American Empire Self-Destructs, But Nobody Thought That It Would Happen This Fast Photograph Source: Phil Dolby – CC BY 2.0 Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion. […]
#223. Trading with the (common) enemy
#223. Trading with the (common) enemy THE SHARED CONSEQUENCES OF RESOURCE CONSTRAINTThe tragedy unfolding in Ukraine, as well as being horrific in itself, has brought us face-to-face with a brutal fact whose reality we’ve always, hitherto, managed to ignore. This fact is that the world has become accustomed to a standard of living that its energy resources […]
Food Crisis About To Get Worse After China Says Winter Wheat Condition Could Be Worst In History
Food Crisis About To Get Worse After China Says Winter Wheat Condition Could Be Worst In History The condition of China’s winter wheat crop could be the “worst in history,” the agriculture minister said on Saturday according to Reuters, raising concerns about grain supplies in the world’s biggest wheat consumer. Speaking to reporters on the sidelines […]
China To “Immediately” Replenish Pork Supplies As World Short Commodities
China To “Immediately” Replenish Pork Supplies As World Short Commodities China’s top economic planner, the National Development and Reform Commission (NDRC), announced Monday to “immediately” increase pork stockpiles around the country after prices fell last week, according to Bloomberg. NDRC said the country’s staple meat stockpiles are being replenished as an index monitoring pork prices […]
Chinese State Media Accidentally Releases Censorship Rules on Russia–Ukraine Coverage
Chinese State Media Accidentally Releases Censorship Rules on Russia–Ukraine Coverage A soon-deleted social media post—released to the public apparently by accident—provides a rare glimpse of how the CCP’s messaging on the escalating Ukraine–Russia tension is channeled to the masses. Horizon News, a video news network under state-run Beijing News, on Feb. 22 instructed staff to avoid posting […]
Authoritarian Madness: The Slippery Slope from Lockdowns to Concentration Camps
Authoritarian Madness: The Slippery Slope from Lockdowns to Concentration Camps “All the Dachaus must remain standing. The Dachaus, the Belsens, the Buchenwald, the Auschwitzes—all of them. They must remain standing because they are a monument to a moment in time when some men decided to turn the Earth into a graveyard. Into it they shoveled […]
China Coal Production Hits Record To Avoid Energy Crisis
China Coal Production Hits Record To Avoid Energy Crisis Many of us in the Western world are spending the most ever on electricity bills, forced to eat fake meat, and paying a lot more in taxes for green initiatives. At the same time, China ignores the green revolution by ramping up record coal production in […]
China Set To Release Crude From Strategic Reserve In Early February
China Set To Release Crude From Strategic Reserve In Early February China has agreed with the United States to release crude from its SPR around the Lunar New Year holiday on February 1 The volume of the release may depend on actual crude prices China has agreed with the United States to release crude from […]
