Tag: US Dollar

America’s Trade Policies Will End Up Destroying the Dollar

America’s tariffs against China are already showing signs of undermining the global economy and will create a funding crisis for the Federal Government when it leads to foreigners no longer buying US Treasury debt and selling down their existing dollar holdings. A subversive attempt by America to divert global portfolio investment from China by destabilising Hong Kong will force China...

Iran’s Barter Trade Deals with China, By-Passing the US-Dollar, “Dedollarizing” Her Economy

According to a PressTV Report of 24 November, 2019, Iran and China are working on a trade or barter deal that would circumvent US sanctions. It would bypass US-dollar denominated transactions, exchanging Iranian oil for Chinese goods and services and investments. The head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), Masoud Khansari told Teheran’s Tasnim news...

No One Knows What Comes After the Dollar Exit, Only That It’s Inevitable

Irrespective of where you reside in the world, chances are you feel some sense of unease, a nagging concern for the future and a deep instinctual understanding that an era you knew and navigated your entire life is slipping away and won’t be coming back. We’ve been witnessing widespread protest and unrest across countries with distinct political and economic systems,...