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Can China Dethrone the US Dollar as Global Reserve
Can China Dethrone the US Dollar as Global Reserve As a result of this ‘trade war’ China has let the yuan slide versus the USD which is a warning to Trump, specifically Mnuchin. On the US dollar as reserve currency, that is a tough thing to break especially for China since the yuan is not […]
“Inflation Is Inevitably Going To Rise” – Is Alan Greenspan Right?
“Inflation Is Inevitably Going To Rise” – Is Alan Greenspan Right? Via DataTrekResearch.com, “Right now, there’s no real inflation at play. But if we go further than we are currently, inflation is inevitably going to rise.” That’s from Alan Greenspan on CNBC this week. The “further” relates to US Federal deficit spending, the idea being that […]
Never Trust a Failing Empire
Never Trust a Failing Empire The Washington Post, through documents released through the Freedom of Information Act, has published a long investigation into Afghanistan. Journalists have collected over 400 testimonies from American diplomats, NATO generals and other NATO personnel, that show that reports about Afghanistan were falsified to deceive the public about the real situation on the ground. […]
Monetary Looting
Monetary Looting The United States has historically bragged about its free and transparent markets. But what the Fed is doing today is pulling a dark curtain around the financing of this so-called free and transparent market. The public has no idea which Wall Street firms have received this $3 trillion or why they can’t borrow […]
US Official Gold Reserves Auditor Caught Lying
US Official Gold Reserves Auditor Caught Lying More false statements by the auditor have appeared, further eroding its credibility. In my previous post, from March 2018, on the audits of US official gold reserves, I have exposed that during the audit procedures of the US official gold reserves from 1974 through 2008, repeatedly audit staff deviated from […]
Argentina Wants a Fracking Boom. The US Offers a Cautionary Tale
Argentina Wants a Fracking Boom. The US Offers a Cautionary Tale Argentina’s President Alberto Fernandez takes office in the midst of an economic crisis. Like his predecessor, he has made fracking a centerpiece of the country’s economic revival. Argentina has some of the largest natural gas and oil reserves in the world and “possibly the most […]
Trump Follows Up On His Promise To Protect Syrian Oil
Trump Follows Up On His Promise To Protect Syrian Oil The United States has moved more equipment from Iraq into Syria to boost the protection of the oil and gas fields in eastern Syria currently under the control of Kurdish militia, Turkish media reports. A logistics convoy of pick-up trucks, minibusses, ambulances, and 100 rigs […]
Germany Slams Trump’s ‘Meddling’ In Europe’s Energy After Nord Stream 2 Sanctions Passed
Germany Slams Trump’s ‘Meddling’ In Europe’s Energy After Nord Stream 2 Sanctions Passed Included in Wednesday’s just passed mammoth 2020 National Defense Authorization Act (NDAA) — which increases the Pentagon budget by $22 billion (to a whopping $738 billion) — were long-threatened sanctions on Russia’s Nord Stream 2 underwater natural gas pipeline. In the House bill, expected to be approved […]
Is it Jaw-Jaw or War With Iran?
Is it Jaw-Jaw or War With Iran? Strategically, economically and politically, the Islamic Republic of Iran seems to be in almost desperate straits. “Jaw-jaw is better than war-war,” is attributed, wrongly, say some historians, to Winston Churchill. Still, the words lately came to mind. While last week ended with a hopeful U.S.-Iranian prisoner exchange that […]
The Masses Are Being Conditioned to Ignore the Economic Bubble
The Masses Are Being Conditioned to Ignore the Economic Bubble In the second week of October, after the “partial” U.S.-China trade deal was announced to much fanfare, I made this prediction: US and Chinese officials rarely waste an opportunity to use trade talk headlines to head-fake markets with false hope. Rumors of a “partial” or tentative […]
Debt Bubble to End All Bubbles – Michael Snyder
Debt Bubble to End All Bubbles – Michael Snyder Journalist and book author Michael Snyder says corporate debt is at record highs standing at $10 trillion. Snyder points out debt is setting records in every aspect of the economy and contends, “If you include all other forms of corporate debt not listed on the stock […]
47 Percent Of GDP – This Is Definitely The Scariest Corporate Debt Bubble In U.S. History
47 Percent Of GDP – This Is Definitely The Scariest Corporate Debt Bubble In U.S. History We are facing a corporate debt bomb that is far, far greater than what we faced in 2008, and we are being warned that this “unexploded bomb” will “amplify everything” once the financial system starts melting down. Thanks to […]
America’s trade policy will end up destroying the dollar
America’s trade policy will end up destroying the dollar America’s tariffs against China are already showing signs of undermining the global economy and will create a funding crisis for the Federal Government when it leads to foreigners no longer buying US Treasury debt and selling down their existing dollar holdings. A subversive attempt by America […]
US Enraged After 6 More EU Nations Join INSTEX To Bypass Iran Sanctions
US Enraged After 6 More EU Nations Join INSTEX To Bypass Iran Sanctions On Friday six European countries issued a bombshell joint statement declaring their intent to join INSTEX, or the Instrument in Support of Trade Exchanges, a European special-purpose vehicle serving as a ‘SWIFT alternative’ to bypass US sanctions on Iran. Finland, Belgium, Denmark, Netherlands, […]
The Illiberal World Order
The Illiberal World Order From a big picture perspective, the largest rift in American politics is between those willing to admit reality and those clinging to a dishonest perception of a past that never actually existed. Ironically, those who most frequently use “post-truth” to describe our current era tend to be those with the most distorted […]



