In 1971, US President Richard Nixon shocked the global financial system by ending the dollar’s convertibility into gold, dissolving the Bretton Woods order and introducing a new era of floating exchange rates. Treasury Secretary John Connally, with striking candor, declared: “The dollar is our currency, but it’s your problem.” This phrase has echoed through decades… Continue reading Our Dollar, Your Problem: Market Stress, Exchange Rate Feedback and the Fiscal Reckoning Ahead The po...| Fair Observer
Bitcoin Asia 2025, held in Hong Kong, was less an industry expo than a congress of miners – a gathering for Asia’s hash power communities that sustain the network’s backbone. The hall was filled not only with fund managers and exchange representatives but also with farm operators from China, Kazakhstan, Southeast Asia and North America. […] The post Bitcoin Asia 2025: mining hubs and a $1 million dream appeared first on Asia Times.| Asia Times
Unlike the colonial empires of old, U.S. power was built not with boots on the ground, but with balance sheets. In this riveting account, economist Michael Hudson traces how the U.S. engineered a new form of empire after World War I—one rooted in debt, gold hoarding, and financial institutions like the IMF and World Bank. From Versailles to Vietnam, America’s strategy was simple: enforce global dollar dependency, use war spending to deepen deficits, and extract tribute not through tribute...| Michael Hudson
Economist Michael Hudson: Western powers designed international system to benefit American corporations at expense of Global South, how to resist US neocolonialism.| Geopolitical Economy Report
Donald Trump threatened tariffs on BRICS, claiming the group is "dead", but it is growing. 10 members and 10 partners participated in a summit in Brazil, discussing dedollarization, decolonization, trade and investment in local currencies, and how to create a more multipolar global order. The post As Trump threatens BRICS, it grows stronger, resisting US dollar and Western imperialism appeared first on Geopolitical Economy Report.| Geopolitical Economy Report
We continue Gold for the 21st Century this week with Don Casturo, Founding Partner and Chief Investment Officer at Quantix Commodities. David Greely sits down…| SmarterMarkets™
We continue Gold for the 21st Century this week with Don Casturo, Founding Partner and Chief Investment Officer at Quantix Commodities. David Greely sits down…| SmarterMarkets™
Donald Trump imposed high tariffs on many countries, falsely calling them "reciprocal". This will backfire, hurt US economy, fuel inflation, fail to reindustrialize.| Geopolitical Economy Report
