Can Bitcoin foreign exchange reserves prevent a US bankruptcy? January 30, 2025 President Donald Trump has taken bold steps to position the United States as the global leader in the cryptocurrency industry. One of his first…
Trump will crush the dollar to revive the US economy January 23, 2025 The new US administration will sail into uncharted waters to address the ongoing economic decline, as President-elect Donald Trump has repeatedly pointed out –…
Europe’s Welfare State: expensive and ineffective January 23, 2025 European states have the largest welfare systems among OECD members and among the most expensive in the world, symbolizing the post-war social democratic social…
Banks’ exposure to government debt will bring economic collapse January 16, 2025 Crises are never caused by excessive exposure of businesses and individuals to risky assets. Crises can only happen when investors, governments and households accumulate…
The huge Public debt and Budget deficit, the trade war and the… problem with the dollar January 9, 2025 Investors around the world spent much of 2024 worrying about China’s problems with the housing market and deflation. In 2025, it’s the US’s turn…
The dollar is not money but credit – The Ponzi scheme and the road to collapse November 28, 2024 With widening budget deficits, rising debt, and interest payments that can only be serviced by issuing a currency of decreasing value, the dollar can…
The “Talented” Persistent Inflation that won’t go away October 17, 2024 Inflation in the US fell to 2.4% against forecasts for a slowdown to 2.3%. On the other hand, “core” inflation recovered to 3.3%, against…
Global economic turmoil and geopolitical crisis since the Chinese recession October 3, 2024 China is teetering on the brink of recession — excluding the Covid era, for the first time since 2008 — as new data showed…
Should Trump restore the Gold standard, and if so, how will he go about it? September 19, 2024 During his presidential campaign, former President Donald Trump referred extensively to the issue of the inflationary vortex in which the US economy has been…