Is The Run On The Dollar Due To Panic Or Greed?

By Ellen Brown, Truthdig.com -

What’s going on in the repo market? Rates on repurchase (“repo”)  agreements should be about 2%, in line with the Federal Reserve funds rate. But they shot up to over 5% on Sept. 16 and got as [...]

Another Look At The Federal Reserve’s Panic In September 2019 And Solutions To The Crisis

By Eric Toussaint, Cadtm.org -

You may recall that from 17 September 2019, the United States Federal Reserve injected massive amounts of liquidity into banks due to a quite abnormal situation on the repo market [1]. [...]

Reality Check: Bank Of England Governor Criticizes The Petrodollar!

By Cheikh Amma Diop, Blackagendareport.com -

It is remarkable that Bank of England Governor Mark Carney recently spoke publicly about “the U.S. dollar’s “destabilizing” role in the world economy,” going on to suggest that “central banks [...]

How To Build A Global, Moneyless, Interest-Free Trading System

By Matthew Slater, Lowimpact.org -

The idea of societal collapse is very undefined. What I do believe is that it’s too late to avert catastrophic climate change, and so we’re headed towards 2, 3, 4 degrees of warming and [...]

A World Without Dollars? Are We Approaching The End Of America’s Financial Order?

By Staff, Astutenews.com -

In the last decade or so, the reputation of the U.S. dollar has been widely discredited because it is viewed by many governments around the world as a risky asset since the U.S. economy holds [...]

Trade War With China Waged To Make Rich Richer

By Dean Baker, Truthout. -

Donald Trump seems determined to double down and keep pressing forward on his trade war with China. He promises more and higher tariffs, apparently not realizing that U.S. consumers are the ones [...]

Citizen Currencies Strengthen Agricultural Supply Chains

By Françoise Wautiez, Ripess.eu -

This is the third issue of the series we started in October, on the theme of “local currencies”, after a general presentation of the advantages and challenges of local currencies through the [...]

Goodbye To The Dollar

By Chris Hedges, Truthdig.com -

The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency. Nations [...]

Russia And China Continue Dumping US Treasuries

By Staff, Rt.com -

The latest US Treasury Department data shows that foreign investors slashed their holdings of American debt in November by $105 billion, from a year earlier, to $6.2 trillion. China, the largest [...]

More Signs The US Is Losing Status As Global Reserve Currency

The US dollar may one day be rivaled by the Chinese national currency – the yuan – which is likely to become a major global reserve currency, according to the governor of the Bank of England [...]

Top 5 Countries Opting To Ditch US Dollar & The Reasons Behind Their Move

By Staff, Rt.com -

The past year was full of events that inevitably split the global geopolitical space into two camps: those who still support using US currency as a universal financial tool, and those who are [...]

EU Pushing For Euro To Challenge Dollar’s Role

The European Commission is expected to publish a blueprint to promote a “stronger international role” for the euro in the face of policies pursued by the Trump administration, it was reported on [...]

SWIFT’s Iran Ban Will ‘Expedite Global De-Dollarization’

By Max Keiser, Rt.com -

The blacklisting of Iran from international financial messaging system SWIFT serves as a warning to Washington’s enemies, but will hasten the demise of the dollar, stockbroker-turned broadcaster [...]

Venezuela Ditches Dollar After US Sanctions Hit Private Sector

By Staff, Telesurtv.net -

Venezuela is replacing the dollar with the euro or yuan in its international business endeavors, Bolivarian Minister of Industries and National Production, Tareck El Aissami said Tuesday. The [...]

Crashing Currency Chaos Spreads Across The Global South

By Pepe Escobar, Asia Times -

There is a serious currency crisis affecting key emerging markets. Three of these – Brazil, Argentina and Turkey – are G20 members, and Iran, absent external pressure, would have everything to [...]

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