Over the last 48 hours, China and Russia have taken big steps toward separating themselves from the monetary policy and economies of the west – and nobody has even noticed…
Ellen Brown: The Coming Global Financial Revolution: Russia Is Following the American Playbook…
Foreign critics have long chafed at the “exorbitant privilege” of the U.S. dollar as global reserve currency. The U.S. can issue this currency backed by nothing but the “full faith and credit of the United States.” Foreign governments, needing dollars, not only accept them in trade but buy U.S. securities with them, effectively funding the U.S. government and its foreign wars. But no government has been powerful enough to break that arrangement – until now. How did that happen and what will it mean for the U.S. and global economies?…
A Once in a Century Opportunity…
“The era of liberal globalization is over. Before our eyes, a new world economic order is being formed”…
REPORT: Russia Sanctions, According to the IMF, Threaten to Undermine the Dollar’s Dominance…
Sanctions against Russia, according to Gita Gopinath, the International Monetary Fund’s First Deputy Managing Director, could undermine the US dollar’s global dominance (IMF)…
World Government Summit Introduces the New Financial World Order-The Intent of the Digital ID That Follows the Vaccination Passport…
The World Government Summit 2022 took place on March 29 and 30 in Dubai, hosting more than 4,000 individuals from 190 countries including senior government officials, heads of international organizations, and global “experts.” The invited participants presented ideas and worldviews from within their various fields of specialty.
One presentation that needs to be highlighted was from Dr. Pippa Malmgren, an American economist who served as special advisor on Economic Policy to President George W. Bush.
Her father, Harald Malmgren, served as a senior aide to US Presidents John F. Kennedy, Lyndon B. Johnson, Richard Nixon, and Gerald Ford. In this segment, Mrs. Malmgren says the quiet part out loud. Yes, they are no longer hiding the construct; indeed, as you will hear they are saying quite openly what the future will look like. WATCH (2 minutes):…
End of Petro-Dollar Begins, Russia Instructs Central Bank to Organize Payments from Hostile Countries in Rubles…
It’s a smart move by Russian President Vladimir Putin. Facing financial sanctions and economic pressures from the U.S, NATO, EU and western allies, Putin stated today that all oil and gas payments must be made in Russian rubles…
Ukraine, Russia, EU, Zelensky, USD and SWIFT (AUDIO)…
Alexander Mercouris and Alex Christoforou of the Duran provides an update on Ukraine, European Union’s response to Russia’s Military Operation in Ukraine, President Zelensky’s whereabouts, the U.S. Dollar and SWIFT global banking system…
U.S. Dollar Faces the Threat of Being Displaced by China’s Digital Currency…
From a dictation of a blanket ban on all crypto activities and digital currencies as tools for retail payments, including access to international exchange platforms in 2018, to recent declaration of the People’s Bank of China (PBOC) to launch a central bank-backed digital currency (CBDC) by November 11, 2019, China has come a long way. […]
Gold: $1500…
Gold prices on Wednesday jumped above an important psychological level at $1,500 amid a round of easy-money policies that helped to stoke fresh appetite for the perceived safety of precious metals. The 10-year U.S. Treasury note’s TMUBMUSD10Y, -4.93% fall to new lows not seen since 2016 below 1.7%, also helped to drive demand for bullion. […]
Does China Have Enough U.S. Dollars to Survive the Trade U.S. Trade War…
The Chinese government is officially sitting on the world’s largest stockpile of foreign exchange reserves, but it has been scrambling recently to block backchannels for capital outflows as trade tensions with the United States increase. Beijing’s increasing scrutiny of the usage of the US dollar by Chinese companies and individuals, in the absence of any […]
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