Tag Archives: global economy

Venezuelan Collapse? Wishful Thinking? Caracas Oil Deals with Russia and China

Venezuelan Collapse? Wishful Thinking? Caracas Oil Deals with Russia and China

The oil and business press is abuzz with predictions of an imminent Venezuelan financial collapse, as a prelude to its political implosion, which should oust President Maduro and erase the Hugo Chavez ambitious experiment.

The country is running out of money, and is unexpected to pay some US$ 3.5 Billion in international loans coming due in October/November 2017. Such a default will trigger creditors to seize its assets, especially oil export shipments, which would stall oil production and end its last hope of salvation.       Continue reading

The “Terrorism of Money” and the Global War On Cash: Target India – Part I

The “Terrorism of Money” and the Global War On Cash: Target India – Part I

The big bankers of the world, who practice the terrorism of money, are more powerful than kings and field marshals, even more than the Pope of Rome himself. They never dirty their hands. They kill no-one: they limit themselves to applauding the show. Their officials, international technocrats, rule our countries: they are neither presidents nor ministers, they have not been elected, but they decide the level of salaries and public expenditure, investments and divestments, prices, taxes, interest rates, subsidies, when the sun rises and how frequently it rains.     Continue reading

Donald Trump has Reversed his National Security Policies 180 Degrees

What the U.S. Aristocracy are Demanding: “Donald Trump has Reversed his National Security Policies 180 Degrees”

Donald Trump has reversed his national-security policies 180 degrees, and is now focusing it around conquering Russia, instead of around reducing the threat from jihadists. The reason for this drastic change is in order for him to be able to win the support of the U.S. aristocracy, who had overwhelmingly favored Hillary Clinton during the Presidential contest, and who (and whose ‘news’media) have been trying to portray Trump as “Putin’s fool” or even as “Putin’s Manchurian candidate” and thus as an illegitimate President or even traitor who is beholden to ‘America’s enemy’ (which to them is Russia) for Trump’s having won the U.S. Presidency — which they had tried to block from happening.      

Read more: http://www.globalresearch.ca/what-the-u-s-aristocracy-are-demanding-donald-trump-has-reversed-his-national-security-policies-180-degrees/5585317

The global economy has entered unexplored, dangerous territory – opinion

The global economy has entered unexplored, dangerous territory

imfIn this image released by the International Monetary Fund, IMF Managing Director Christine Lagarde speaks at the meeting of the 24 members of the International Monetary and Financial Committee on Oct. 8. (Stephen Jaffe/AFP/Getty Images)

By Lawrence Summers October 9 at 7:59 PM

As the world’s finance ministers and central-bank governors came together in Washington last week for their annual global financial convocation, the mood was somber. The specter of secular stagnation and inadequate economic growth on the one hand, and ascendant populism and global disintegration on the other, has caused widespread apprehension.     Continue reading

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