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Death Blow To The Dollar
You can call it the Currency Cold War, and it’s taking place between the world’s two biggest economic superpowers: China and the United States. Right now, China is waging a digital currency battle against the primacy of the U.S. dollar, which is struggling to maintain...
Saudi Arabia Joining BRICS Will Have Huge Repercussions
Is Saudi Arabia's leader, Mohamed Bin Salman (MbS), exerting pressure on Vice President Joe Biden ahead of the meeting, or is the possibility of Saudi Arabia joining the BRICS a serious possibility that looms? Joe Biden's earlier critical remarks and ideological...
How much will the typical American spend on Independence Day 2022?
Last year, the White House was ecstatic because Fourth of July cookouts cost 16 cents less than the year before. This is the same government that celebrated a 2-cent drop in petrol prices in late 2021. How much will Americans spend on a BBQ to gather with family and...
Central Banks Diversify Currency Reserves Using the Renminbi
The renminbi is being used by central banks to diversify their foreign currency holdings, an indication that a geopolitical flare-up might take away the supremacy of the dollar. According to an annual poll performed by UBS among 30 global central banks between April...
Why unemployment will rise, recession or not?
The hottest employment market in a generation is cooling. With the crypto bubble bursting, IT businesses cutting down on hiring, and consumers spending less, experts expect the record low jobless rate will rise, recession or not. Last week, the Fed raised interest...
NATO and the G7 Fade While BRICS+ Climbs to Prominence
When Europe was separated by an Iron Curtain, it was difficult for anyone to travel across the continent. The phrase was coined by former British Prime Minister Winston Churchill in reference to the Soviet Union's attempts to build a physical and ideological barrier...
The Danger of Fed Policy Reversals
The opinions of market participants on the economic prospects of the United States are shifting at the same time as the Federal Reserve has been scurrying once again to catch up to happenings on the ground. This runs the danger of causing yet another wave of...
Replacing the NWO and the Weaponized Petrodollar with BRICS+ Multipolarity
Vladimir Putin spoke at the BRICS (Brazil, Russia, India, China, and South Africa) virtual summit and the Saint Petersburg International Economic Forum (SPIEF) this month, where he slammed the West over sanctions and called on emerging economies to reroute global...
Why Fed Rate Hikes Will Worsen the National Debt
The Federal Reserve, the central bank of the United States, is attempting to boost interest rates in an effort to stem the unrestrained rate of price inflation. Jerome Powell, the chairman of the Federal Reserve, recently announced the largest incremental rate rise...
Eurozone Debt Crisis 2.0 Could Result In A Regional Bail-In
Almost exactly a decade ago, Mario Draghi, then the president of the European Central Bank, promised to do “whatever it takes” to save the euro from destruction. At the time, Greece was on the verge of collapse; Italy, the region’s third-largest economy was drowning...
Hordes Of Americans Are Fleeing To MEXICO
Times sure have changed. When we talk about immigration, we tend to envision vast hordes of impoverished immigrants that are desperate to find a way to cross our southern border. But did you know that large numbers of Americans are actually going in the opposite...
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