The DOLLAR will DIE… and the Ruble will DOMINATE as “commodities-based” currencies make paper fiat obsolete

 As a patriotic American, this is the kind of article that pains me to write. But unlike the Democrats and their make believe gender identity fairy tales that pretend biology isn’t real, I can’t simply choose to alter the laws of economics and tell you something that isn’t so. The truth is that based on … Continue reading The DOLLAR will DIE… and the Ruble will DOMINATE as “commodities-based” currencies make paper fiat obsolete

COUNTDOWN to collapse of the petrodollar… America’s dollar dominance is coming to a sudden, catastrophic end… total CHAOS will follow

“Project Sandman” describes a 100+ nation agreement that, when triggered, will see those nations simultaneously dump the dollar and abandon the “petrodollar” status that has allowed the USA to enjoy 50 years of fiat currency counterfeiting and material abundance at the expense of everyone else. When this decision is triggered, the dollar and all dollar-denominated assets … Continue reading COUNTDOWN to collapse of the petrodollar… America’s dollar dominance is coming to a sudden, catastrophic end… total CHAOS will follow

Proof that Beijing really controls Wall Street: NYSE ignored Trump’s executive order to delist China telecoms

When President Richard Nixon normalized relations with China — at the ultimate expense of Taiwan — in the early 1970s, over the next several decades American corporations increasingly saw the populous Asian giant as a piggy bank. Opening markets to more than a billion people was just too much to pass up, so U.S. corporations … Continue reading Proof that Beijing really controls Wall Street: NYSE ignored Trump’s executive order to delist China telecoms

Facebook and Twitter stocks plunge as advertisers leave

Shares of social media giants Facebook and Twitter took a nosedive over the weekend after major advertisers pulled out of both platforms. Last Friday, household goods giant Unilever announced that it was pulling its ads from both Facebook and Twitter, resulting in shares of both falling by 7 percent by midday. This was followed by Coca-Cola, Starbucks and Diageo … Continue reading Facebook and Twitter stocks plunge as advertisers leave

China develops first facial recognition ATM

China has unveiled the world’s first ATM with facial recognition technology, which its designers say will help reduce theft and fraud. The ATM was developed in a joint venture between Tsinghua University and Tzekwan Technology in China’s eastern Zhejiang province,South China Morning Post reported on Sunday. The company specializes in security protection for financial transactions.The ATM … Continue reading China develops first facial recognition ATM

China Has Announced Plans For A ‘World Currency’

http://theeconomiccollapseblog.com/archives/china-announced-plans-world-currency The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time, but up until now they have never been very specific about what they would … Continue reading China Has Announced Plans For A ‘World Currency’

North Korea Preparing To Create New `Financial Industry’

http://emergingequity.org/2015/02/07/north-korea-preparing-to-create-new-financial-industry/ North Korea is in the process of creating a new financial services industry and is preparing to roll out new financial products that include new forms of savings accounts, business loans, and credit cards in an effort to stimulate economic development, newspaper Chosun Sinbo reports. According to Chosun Sinbo, a newspaper of the DPRK-affiliated Korean … Continue reading North Korea Preparing To Create New `Financial Industry’

Growing The Russia-China New Relationship

While the Obama Administration is preoccupied with keeping an increasingly unhappy EU firm on further economic sanctions against Vladimir Putin’s Russia, Putin is busy outflanking an increasingly desperate Washington. Rather than fixate on the deliberate US and NATO provocations in Ukraine, Russia is deepening its strategic ties with the other Great Eurasian land-power, the Peoples’ … Continue reading Growing The Russia-China New Relationship

The New Global Economy: The Rise Of China And Decline Of The U.S.

http://emergingequity.org/2015/01/28/the-new-global-economy-the-rise-of-china-and-decline-of-the-u-s/ There is a limit to economic manipulations by empires. All empires have perished due to economic hardships. The Ottoman, Soviet and the British empires were no exception in the past century. Waste was the key product of these empires. Whether the only empire – the US – understands it or not, the fact is … Continue reading The New Global Economy: The Rise Of China And Decline Of The U.S.