The Logic of Paper Money, Debt, and Gold

The Logic of Paper Money, Debt, and Gold

Two red-shouldered hawks are nesting in our backyard along with several squirrels. Hawks hunt squirrels – death from above via flying predators. Conclusion: We will soon have fewer squirrels. Politicians get elected by telling people what they want to hear. Politicians are (usually) funded by large corporate interests, particularly the banking industry and military contractors….

De-Petrodollar-ization Esclates – China Imports Record Amount Of Russian Oil In April

De-Petrodollar-ization Esclates – China Imports Record Amount Of Russian Oil In April

We have reported for years that Russia and China have been doing everything they can to displace the use (and influence) of the US dollar. The US of course, either oblivious or too arrogant to care, has continued to bring Russia and China together by annoying both equally with its incessant meddling. Recall that recently both China and Russia have had to warn…