The Plan For A Global Dystopia

Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked.

Russia Writes Off More than $20 Billion African Debt

Unlike its Western “partners”, which force their client states to perpetual capitulation via onerous debt, Russia released the African population from their debt obligation of more than $20 billion and further promised to double its economic cooperation with the continent in the foreseeable future.

The Disaster of Negative Interest Rates

President Trump wants negative interest rates, but they would be disastrous for the U.S. economy, and his objectives can be better achieved by other means.

‘Vaguely Troubling’: BIS Warns Of Disaster Re $17 Trillion Negative-Yield Debt

When the central bank for central banks publishes its quarterly review, the world should take note.

Desperate Central Bankers Grab for More Power

Conceding that their grip on the economy is slipping, central bankers are proposing a radical economic reset that would shift yet more power from government to themselves.

Federal Reserve Intervenes with Massive Repo to Inject Cash into Money Markets

For the first time since 2008 the private central bank Federal Reserve has intervened in the money markets due to “unusually high demand for cash,” that sends borrowing costs soaring high, with massive $53 billion repo on Tuesday, and another $75 billion on Wednesday.

Actual US Debt May Be $400 Trillion, or 20 Times GDP | Wall Street Report

The last combined debt figure was $200+ trillion. Now, a new Wall Street report says it’s actually 2000% of US GDP. Yet, the US government still has maintained its $750 billion annual Pentagon budget. How can the Americans tolerate that?

The World is Dedollarizing

What if tomorrow nobody but the United States would use the US-dollar? Every country, or society would use their own currency for internal and international trade, their own economy-based, non-fiat currency. It could be traditional currencies or new government controlled crypto-currencies, but a country’s own sovereign money. No longer the US-dollar. No longer the dollar’s foster child, the Euro.

The State of the Economy 2019

The story line is going out that the economic boom is weakening and the Federal Reserve has to get the printing press running again.  The Fed uses the money to purchase bonds, which drives up the prices of bonds and lowers the interest rate. 

Trump’s Trade War is Already Over

I hate to break the news to China bashers, but the trade war with the US is over. I’ve maintained for months that Trump has no leverage in trade talks with China. If he did China would have done a deal by now.

Trade Wars, Peak Oil, Naval Movements and America’s Only Way Out

The Trump government has today upped the ante in its trade negotiations with China by announcing a 25% tariff imposed on $200 billion worth of goods imports from their 10% previous tariff rate.

Concentration of Wealth is Driving a New Global Imperialism

Regime changes in Iraq and Libya, Syria’s war, Venezuela’s crisis, sanctions on Cuba, Iran, Russia, and North Korea are all reflections of a new global imperialism imposed by a core of capitalist nations in support of trillions of dollars of concentrated investment wealth. This new world order of mass capital has become a totalitarian empire of inequality and repression.

Obama Appointed WB President Jim Yong Kim Abruptly Resigns, Here’s why

The Obama appointed World Bank President Jim Yong Kim has announced his early retirement to make way for a Trump appointed CEO in The Bank. There’s a deeper, behind the scenes maneuvering in the world’s financial sector that is shifting paradigms and people across various organizations.

Labyrinthine Trap: What Are We Working For?

“One also knows from his letters that nothing appeared more sacred to Van Gogh than work.” – John Berger, “Vincent Van Gogh,” Portraits

Gold Demand up 42%, Countries Abandon US Dollar Amidst Geopolitical Shift

Central banks around the world are turning to gold as an alternative to the US dollar, which they see as being undermined by America’s aggressive trade policy and geopolitical uncertainty.

Cyber Risks, the Achilles’ Heel of Cashless Economies

Newspapers around the globe are telling us that contactless payments are thriving, cash is rapidly disappearing and cashless society is practically around the corner. 

How the Rich Eat the Poor and the World

The 2016 Oxfam Davos Report which the mass media have ignored arrestingly shows that 62 individuals – 388 in 2010 – now own more wealth than 50% of the world’s population. More shockingly, it reports from its uncontested public sources that this share of wealth by half of the world’s people has collapsed by over 40% in just the last five years.

Fleeing the Buck

For turning against NATO in favor of the Russia-China-Iran Alliance, Turkey is now being aggressively attacked financially, which forces its currency Lira to plummet in recent days. The fiat US dollar is the only weapon left for the Western Deep State, and it may not be enough to regain control over Eurasia.

The Latest US Sanctions Point to a Declining World Superpower

On Monday 6th of August the United States imposed a fresh set of sanctions on Iran. These are intended as a prelude to even stronger sanctions to take effect in November. The clearly stated intention is to break the Iranian governments will to resist American demands, and to cause such domestic pain that the Iranian people Will rise in revolt against their government and bring about the long sought after (by the Americans) regime change.

Russia is Preparing for a “Perfect Storm” in the Global Economy

In addition to our last article “Alliance Launching Final Assault vs. Deep State,” more details have come out from Russia, and this is one of the confirmation that everyone is waiting for.

ECB Stages Coup Against Legitimate Government of Italy

In an intervention which violated the most fundamental rules of democracy and international law, on May 27 the hierarchy of the European Union (EU) vetoed the “government of change” which was being formed in Italy, and which had just won a clear parliamentary majority from the voters.

Iran Starts Ditching the Fiat Dollar, Turkey Repatriating Gold from US

In the early years of the global effort to defeat the belligerent faction of the Western Deep State, the BRICS Alliance had sought to do it in a manner that would have the least negative impact on the population of the West. More than a decade since, and the West has not changed much. They are still in the stage of talking about the true nature of the problem with utmost eloquence.

The Boao Forum for Asia at the Prospect of the US-China Trade War

On April 8-11, the resort town of Bo’ao, situated on the Chinese island of Hainan, saw the regular economic Boao Forum for Asia (BFA). Let us note the increasing importance of this forum that today is called “the Asian Davos”. This time it was visited by both the former UN Secretary-General Ban Ki-moon (chosen as the chairman of the BFA directors) and the incumbent one, António Guterres.

Russia and India on the Brink of a Major Trade Breakthrough

Russia and India are long-standing partners with a rich history of mutually beneficial cooperation. The two countries have great trading potential. However, Russian-Indian trade and economic cooperation cannot yet be called very active. This situation is not acceptable to either side, and now Russia and India are working to develop their economic relations.

Is the Eurozone in a Dead End?

It’s remarkable that the Euro and the Eurozone currency grouping hasn’t fallen apart until now. Greece could have done it in 2010 but it was avoided by extraordinary acts of the Euro governments and European Central Bank.

China Strikes Back with 15-25% Tariffs’ Boost on American Goods

China suspends tariff reduction obligations on 128 imported products originating from the United States and is imposing additional tariffs on the basis of the current applicable tariff rates.

The Deep State Stock Market is Plunging

It’s happening. The global stock markets are plunging. The Dow index tumbles to its lowest 1-day decline in history, -1175 points. The rest of the global markets are all in the red. This must be the beginning of the end for the Wolves of Wall Street.

Gold Price Could Smash $10,000 on Crashing Dollar, etc. | Jim Rickards

A weak US dollar, a possible war between the US and North Korea or the impeachment of Donald Trump could result in one of the longest-ever rallies for gold, according to precious metals expert Jim Rickards.

Richest 1% Capture Twice as Much Income Growth as the Bottom Half

The inaugural World Inequality Report published on Thursday by economists Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Facundo Alvaredo and Lucas Chancel documents the rise in global income and wealth inequality since 1980.

Imagine What Would Happen if China Decided to Impose Economic Sanctions on the USA?

In June, Washington threatened Beijing with a sanctions regime, in response to China’s increased bilateral commodity trade with North Korea. Initially, the US sanctions were not intended to be against the Chinese government: selected Chinese banks and trading companies involved in the financing of China-DPRK commodity trade would be potential targets of US reprisals.