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…
USA: At 1 trillion interest on debt for the first time in history, explosive budget deficit September 19, 2024 2024 was the year in which the huge US budget deficit was supposed to have gradually leveled off after two years of crisis. The…
The Major risks to the future of the Dollar as a Global Reserve Currency August 29, 2024 On February 24, 2022, Russia’s invasion of Ukraine shocked the world, sparking one of the biggest conflicts in Europe since World War II. At…
China’s Central Bank (POBC) can cause Global hyperinflation August 8, 2024 With all the economic news focus on the Federa Reserve and the Bank of Japan, it’s easy to miss where the most important monetary…
Russia’s Economy is booming, enabled by mammoth State spending August 1, 2024 As the West tries to bring Russia’s economy to its knees with successive sanctions packages, massive government spending and labor shortages have led to…