A trade war between China and the United States over the future of semiconductors is escalating…
De-Dollarization and Global Trade…
The current telling of the story of de-dollarization — the replacement of the U.S. dollar as the global economy’s primary reserve currency with a new BRIC (Brazil, Russia, India, China)-funded reserve currency — depicts the loss of the reserve currency as a catastrophe that will crush America…
The Golden Arrow – President Trump Announces Economic Agenda 47 Which Includes “Universal Baseline Tariffs”…
This is it. This is pure MAGA. President Trump is announcing the big one… “Economic Agenda 47“…
Watch Closely – Mexico Releases Agenda for North American Leadership Summit, January 10th Mexico City…
In the background of international geopolitics and all things economically attached, the larger climate change agenda, the Build Back Better program, has been unfolding…
How Stupid Do European Politicians Think Their Citizens Are?: China Is Aggressively Reselling Russian Gas to Europe…
One month ago, we were surprised to read how, despite a suppressed appetite for energy amid its housing crash and economic downturn (for which “zero covid” has emerged as a convenient scapegoat for emperor Xi), China has been soaking up more Russian natural gas so far this year, while imports from most other sources declined…
Will Europe Go Down to Defeat Before Ukraine?…
During the runup to the financial crisis, your humble blogger pointed out that financial time moved faster than political time. Market players often had better and more comprehensive access to important information than officials did and had strong incentives to act on it…
Europe’s Economic and Social Suicide – Provoked by the U.S. and Helped Along by Europe’s Leaders…
Due to the stupidity of Europe’s political leadership the U.S. has managed to push it towards committing economic and social suicide…
BRICS Ministers of Finance Hold a Meeting – It Is Time to Replace Western Financial Trade Mechanisms and Remove the Dollar…
This is not some grand conspiracy, ‘out there‘ deep geopolitical possibility, or foreboding likelihood as an outcome of short-sighted western emotion…
Top EU Official Slams Volkswagen As ‘Complicit’ in Chinese Oppression…
The chair of the European Parliament’s delegation for relations with China, Reinhard Bütikofer, has slammed Volkswagen for not confronting China over its treatment of the Uighur minority in a region where the German carmaker has a factory. China’s crackdown on the Muslim Uighur community in Xinjiang is rapidly rising up the political and trade agenda. […]
USMCA Officially in Effect – Statement from USTR Robert Lighthizer…
First, for those who have fought for decades against the baseline flaws within the NAFTA trade agreement, today is a very memorable day. Today the USMCA officially goes into effect and the trade brokerage system exploited by Mexico and Canada is officially ended. NAFTA is DEAD! …This has been one hell of a decades-long battle. […]
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