West’s lectures could prove costly
KHALED ABOU ZAHR April 20, 2023 Larry Summers, the former US secretary of the treasury, last week stated in an interview: “Somebody from a developing country said to me, ‘What […]
The National Debt Is ‘Unsustainable’ and the Pentagon’s Finances Are a Total Mess, Federal Audit Says
“Absent policy changes, the federal government continues to face an unsustainable long-term fiscal path,” America’s top auditor warns. But is anyone listening? Eric Boehm | 2.28.2020 The federal government’s books […]
Muslims Leaders to study unified currency seriously
Monday, December 23rd, 2019 at , News THE MALAYSIAN RESERVE Dr Mahathir says the use of gold dinar and barter trade will be revisited, an idea he mooted at […]
Is the global dollar in jeopardy?
Our favorite posts: The Muslim Times Recommending Universal BCG Vaccination to Fight the Pandemic and A Moonshot Moment for the Muslims: Making Covid 19 Vaccine before the West and China Nov 18,2019 – JORDAN TIMES […]
Iran sanctions may end dollar’s domination of world economy
SADIK ÜNAY @sadikunay 3rd November, 2018 Washington’s hasty decision to abandon the Iran nuclear deal and impose comprehensive sanctions on companies trading Iranian crude as of Nov. 4 seems to […]
Gadhafi’s Gold-money Plan Would Have Devastated Dollar
Written by Alex Newman It remains unclear exactly why or how the Gadhafi regime went from “a model” and an “important ally” to the next target for regime change […]
The Turkish emerging market time bomb
Aug 16,2018 – JORDAN TIMES – Jim O’Neill LONDON — Turkey’s falling currency and deteriorating financial conditions lend credence, at least for some people, to the notion that “a crisis […]
Gold-Backed Ruble, Yuan to Trigger Global De-Dollarization
© Sputnik/ Pavel Lisitsy 17:22 05.12.2015Get short URL 27153031392 A gold-backed ruble and gold-backed yuan could start a ‘snowball exit’ from dollar F. William Engdahl notes, adding that it will diminish America’s ability to use the reserve dollar role to finance Washington’s perpetual overseas wars. © FLICKR/ BULLION VAULT Plunge […]
‘Currency Wars’ destroying dollar: Will a real war keep it going?
USA Today: Jon Rosen: As he argues in his new book, Currency Wars: The Making of the Next Global Crisis, QE is an “exercise in deception” that offers little chance of promoting long-term economic recovery. Worse, it has left the dollar highly vulnerable to speculation and, ultimately, a cataclysmic crash. […]