There has been an on-going tectonic shift in the West since the abandonment of the Bretton Woods agreement in 1971. This accelerated when the USSR
Tag: US Dollar
‘In Gold We Trust’: Waning Confidence in US Sends World’s Central Banks on Buying Spree
Governments around the world have recently been on a “gold-buying spree.” These countries have a tactful reason for doing so, and this reason is directly
Russia and China Are Containing the US to Reshape the World Order
Fortunately the world today is very different from that of 2003, Washington’s decrees are less effective in determining the world order. But in spite of
Crashing Currency Chaos Spreads Across the Global South
The Iranian rial: crash. The Turkish lira: crash. The Argentine peso: crash. The Brazilian real: crash. There are multiple, complex, parallel vectors at play in
Asymmetric Financial War and Radical US Leverage – What Will It Bring?
It seems that the Chinese leadership has concluded that the Trump Administration is determined to use its full spectrum radical leverage to hobble China as
Dollar Hegemony, Financial Warfare: Russia, China and Turkey Build up their Gold Reserves
Central banks in several regions of the World are building up their gold reserves. A large part of these Central Bank purchases of gold bullion
Trump Just Triggered a New Financial Crisis. Here’s Why
Trump’s attack on the Turkish lira, combined with recent Federal Reserve moves to choke off dollar supply, is pushing the world towards a re-run of
Erratic Empire Downfalling
Everybody understands the importance of the dollar system as the Achilles heel for the US empire yet oddly, when analysing imperial action of Warshington of
