How Russia Tries To Avoid Sanctions

How Russia Tries To Avoid Sanctions

Apr 3, 2022 | Economic Collapse

There are numerous headlines showing the surprising recovery of the Russian ruble against the US dollar and the euro. By the first week of April, the Russian currency had recovered all the losses against the greenback and the euro area currency. Obviously, there is an...
Evergrande. The Tip Of The China Iceberg?

Evergrande. The Tip Of The China Iceberg?

Sep 21, 2021 | Economic Collapse

The bankruptcy of the Chinese real estate company Evergrande is much more than a “Chinese Lehman”. Lehman Brothers was much more diversified than Evergrande and better capitalized. In fact, the total assets of Evergrande that are on the brink of bankruptcy outnumber...
Fifty Years of Monetary Insanity

Fifty Years of Monetary Insanity

Aug 24, 2021 | Economic Collapse

This year marks the fiftieth anniversary since Nixon suspended the convertibility of the US dollar into gold. This began the era of a global fiat money, debt-fueled economy. Since then, crises are more frequent but also shorter and always “solved” by adding more debt...