Orlov: Placing the USA on a Collapse Continuum
Opinion

Orlov: Placing the USA on a Collapse Continuum

The West is rotting!Yes, maybe, but what a nice smell… Old Soviet joke The word ‘catastrophe‘ has several meanings, but in its original meaning in Greek the word means a “sudden downturn” (in Greekkatastrophē ‘overturning, sudden turn,’ from kata- ‘down’ + strophē ‘turning’). As for the word “superpower” it also has several possible definitions, but…

Financial Warfare and the Float of China’s Yuan. Weaponization of the Forex Market
Opinion

Financial Warfare and the Float of China’s Yuan. Weaponization of the Forex Market

Haikou, Hainan: In an unusual twist, financial experts have called upon China’s monetary authorities to let the Renminbi float to “ease risks” (China Daily, October 31, 2018). Sounds contradictory? At this juncture, at the height of Trump’s trade war against China, the Forex market has become weaponized. The policy of “Floating the Yuan” has contributed to the…

Is There Such a Thing As a “Shithole Country”?
Opinion

Is There Such a Thing As a “Shithole Country”?

The question should be rephrased to whether there’s such a thing as a “shithole” period, and yes, there is, but the stereotypical “Third World” socio-economic and physical conditions that the word often embodies are also widely present in parts of the US. Another day, another Trump controversy, and this time it’s the Mainstream Media going…

The Dollar Rebellion
Money

The Dollar Rebellion

This morning, I happened to overhear something I found to be highly hilarious, to say nothing of guffaw-inducing. Ok, so I’m here in Tucson and I walk all over the place. To date, I have only been approached twice in about a year by panhandlers asking for money. And I see the homeless all the…

Away From Dollar: Russia, China to Create Entirely Different Gold Market
Money

Away From Dollar: Russia, China to Create Entirely Different Gold Market

While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in “the genial move” to establish an entirely different gold market, F. William Engdahl underscores. Key central banks, particularly the Federal Reserve and Bank of England, and Western market…