The Transition The intricate relationship between energy markets and our global financial system, can be traced back to the emergence of the petrodollar system in the 1970s, which was mainly driven by the rise of the United States as an economic and political superpower. For almost twenty years, the U.S. was the world’s only exporter…
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…
Our conference must ensure that we explain issues relating to ‘money’ in a manner that can be readily understood, not just by those present in this gathering here in Kuala Lumpur, Malaysia, but also by the hapless multitudes around the world who know little or nothing of this subject, and who look to us for…
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…
