China Offers No Fix for Global Slump
Any prospect that China could be the growth engine to pull the world economy out of deep recession has been laid to rest by the latest World Bank forecast. At the recently completed annual National...
View ArticleMSM: China calls for new reserve currency
China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund. In an essay posted on the...
View ArticleMSM: US backing for world currency stuns markets
US Treasury Secretary Tim Geithner shocked global markets by revealing that Washington is “quite open” to Chinese proposals for the gradual development of a global reserve currency run by the...
View ArticleVideo: Hannity, Morris Agree with “Conspiracy People” About New World Order
In the video here, the former Clintonite Dick Morris, who is now a darling of Fox News, tells Sean Hannity the globalists will put the “American economy under international regulation” and “those...
View ArticleMSM: A ‘Copper Standard’ for the world’s currency system?
Hard money enthusiasts have long watched for signs that China is switching its foreign reserves from US Treasury bonds into gold bullion. They may have been eyeing the wrong metal. China’s State...
View ArticleMSM: Brazil and China eye plan to axe dollar
(FT) – Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to Luiz Inácio Lula da Silva, Brazil’s...
View ArticleHave Physicists Cracked the Stock Market?
(WashingtonsBlog) – New Scientist is reporting that physicists have largely figured out how to predict the end of bull markets: A team of physicists and financiers have … successfully predict[ed] a...
View Article
