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Olduvai III: Catacylsm
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What Happens When the Financial Capital of the World Moves?

What Happens When the Financial Capital of the World Moves?  QUESTION: Hi Marty, Knowing that the financial capital will likely move to China after 2032, since that would be the peak of the public wave, where will someone in the US put their capital? Usually, the move from public to private would result in a […]

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Money as a Measuring Stick

Money as a Measuring Stick Imagine if the world’s metre sticks all grew or shrunk a bit each year. That would make for a confusing system of weights and measures, wouldn’t it? Well, that is exactly what happens with money. We have been measuring the world around us for thousands of years. Units like feet […]

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Pound Flash Crashes After Moody’s Downgrades UK To Aa2

Pound Flash Crashes After Moody’s Downgrades UK To Aa2  In an otherwise boring day, when Theresa May failed to cause any major ripples with her much anticipated Brexit speech, moments ago it was Moody’s turn to stop out countless cable longs, when shortly after the US close, it downgraded the UK from Aa1 to Aa2, […]

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We Know How This Ends, Part 2

We Know How This Ends, Part 2 In March 1969, while Buba was busy in the quicksand of its swaps and forward dollar interventions, Netherlands Bank (the Dutch central bank) had instructed commercial banks in Holland to pull back funds from the eurodollar market in order to bring up their liquidity positions which had dwindled […]

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We Know How This Ends, Part 1

We Know How This Ends, Part 1 The finance ministers and representatives of central banks from the world’s ten largest “capitalist” economies gathered in Bonn, West Germany on November 20, 1968. The global financial system was then enthralled by a third major currency crisis of the past year or so and there was great angst […]

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The Rise Of The Yuan Continues: LME To Accept Renminbi As Collateral

The Rise Of The Yuan Continues: LME To Accept Renminbi As Collateral As far-fetched as the notion may be to those who are wedded – by choice, by misguided beliefs, or by virtue of being completely beholden to the perpetuation of the status quo – to idea that the dollar will forever retain its status […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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