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The Yuan Ascends to World Reserve Status: “Dollar System Being Done Away With”

The Yuan Ascends to World Reserve Status: “Dollar System Being Done Away With” Today’s news is a historic milestone. The dollar’s days are numbered, and the new global economic order is shifting into place. As many insiders have expected, China has now officially gained status among the world reserve currencies, taking place alongside the dollar, […]

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The Lull Before The Storm—–It’s Getting Narrow At The Top, Part 2

The Lull Before The Storm—–It’s Getting Narrow At The Top, Part 2 The danger lurking in the risk asset markets was succinctly captured by MarketWatch’s post on overnight action in Asia. The latter proved once again that the casino gamblers are incapable of recognizing the on-rushing train of global recession because they have become addicted to “stimulus” as […]

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Murder And Mayhem In The Middle East

TonelloPhotography/Shutterstock Murder And Mayhem In The Middle East Why it matters to those living in the West To understand what’s happening in Syria right now, you have to understand the tactics and motivations of the US and NATO — parties sharing interwoven aims and goals in the Middle East/North African (MENA) region. While the populations […]

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Fourth Turning–Our Rendezvous With Destiny

FOURTH TURNING – OUR RENDEZVOUS WITH DESTINY We are now in the seventh year of this Fourth Turning. A famous quote from the seventh year of the last Fourth Turning portended the desperate, bloody and ultimately heroic trials and tribulations which awaited generations of our ancestors. What will be our rendezvous with destiny? “There is a […]

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Half A Million Square Kilometers Of Heavy Smog Force Beijing To Issue “Orange Alert”, Close Factories

Half A Million Square Kilometers Of Heavy Smog Force Beijing To Issue “Orange Alert”, Close Factories On Sunday, Beijing issued its highest smog alert of the year, upgrading it from the yellow of the past two days to orange, second only to red. According to local CCTV, heavy smog covered an area of half a million […]

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Fourth Turning–Social & Cultural Distress Dividing the Nation

FOURTH TURNING – SOCIAL & CULTURAL DISTRESS DIVIDING THE NATION I wrote the first three parts of this article back in September and planned to finish it in early October, but life intervened and truthfully I don’t think I was ready to confront how bad things will likely get as this Fourth Turning moves into […]

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Oil Prices Down As Storage Keeps On Filling Up

Oil Prices Down As Storage Keeps On Filling Up Happy Thanksgiving Eve! One hundred and forty-eight years to the day after Alfred Nobel patented dynamite, and the fuse has been lit for an explosion to the downside for the crude complex. After geopolitical tension was stoked yesterday, attention shifts back to oversupply today with the […]

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“There Are No More Dollars In The Central Bank”: Argentina’s New President Confronts Liquidity Crisis

“There Are No More Dollars In The Central Bank”: Argentina’s New President Confronts Liquidity Crisis On Monday, Mauricio Macri, the son of Italian-born construction tycoon Francesco Macri, beat out Cristina Kirchner’s handpicked successor Daniel Scioli for Argentina’s presidency in what amounted to a referendum on 12 years of Peronist rule. A legacy of defaults combined with exceptionally […]

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“One Big Shock Away from a Global Downturn…”

“One Big Shock Away from a Global Downturn…” Zombies vs. Cronies DUBLIN – Most elections these days are contests between cronies and zombies. The left favors the zombies. The right favors the cronies. In yesterday’s presidential elections in Argentina the zombies lost. It’s time for the cronies to take over. New Argentine president Mauricio Macri […]

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Oil May Plunge to $20, Signalling Economic Disaster: “The Numbers Are Dreadful And Unprecedented”

Oil May Plunge to $20, Signalling Economic Disaster: “The Numbers Are Dreadful And Unprecedented” The price of oil has long been a key indicator of economic health and stability. And that index is tanking fast. In the last few years, dramatic overproduction of oil has become a major tool of geopolitical conflict. As prices have plummeted from […]

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Bread, circuses and inequality – a dishonest bargain

Bread, circuses and inequality – a dishonest bargain  How does consumerism undermine democracy? Flickr/dcmaster, CC BY-NC 2.0 China leads the way the Chinese people surrender democratic citizenship for the promise of individual gain through private consumptionOver the decade of the 2000s I visited China several times. At some point on each trip a Chinese acquaintance would assure me, […]

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The Fed Induced Farce

The Fed Induced Farce The minutes from the last Fed meeting were released on Wednesday afternoon. The minutes, along with a squadron of jabbering Fed heads lying about the economy doing great, pretty much locked in the most talked about .25% interest rate increase in world history.  Evidently the Wall Street titans of greed have […]

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The Great Fall Of China Started At Least 4 Years Ago

The Great Fall Of China Started At Least 4 Years Ago Looking through a bunch of numbers and graphs dealing with China recently, it occurred to us that perhaps we, and most others with us, may need to recalibrate our focus on what to emphasize amongst everything we read and hear, if we’re looking to […]

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Grandmaster Putin’s Trap – 2

Grandmaster Putin’s Trap – 2 In December of last year we published an intriguing article by Dmitry Kalinichenko, “Grandmaster Putin’s Trap,” which has drawn far more attention from readers than we ever expected. It continues to be cited by many international political and economic experts. That article addressed Russia’s latent strategy to get rid of US bonds […]

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Time Is Running Out For Pax Americana’s Apologists

Time Is Running Out For Pax Americana’s Apologists The paradox of the current global crisis is that for the last five years, all relatively responsible and independent nations have made tremendous efforts to save the United States from the financial, economic, military, and politicaldisaster that looms ahead. And this is all despite Washington’s equally systematic moves to destabilize […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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