Economist Warns: Americans Relying on Overvalued Currency to Import What Rest of World Produces
Says Americans in for rude awakening when dollar collapses
Says Americans in for rude awakening when dollar collapses
France, Germany both agree to block Libra currency
Communist country imported $60 billion in gold last year
People worldwide concerned over what they ascribe value to
Cryptocurrency hits 17-month high
Visa, Stripe, PayPal on-board to process Libra currency
Centralized digital currencies allow easy targeting of groups, individuals
Nation’s gold reserves now at a record high
Let’s start our analysis of Venezuela’s economic plight with two exhibits: Exhibit A is a chart of the market (free) exchange rate of the Venezuelan Bolivar and the U.S. dollar (USD), and Exhibit B is a chart of the USD.…
The EU stay-in campaign has but one strategy – to terrify the population about the consequences of leaving the EU by employing lies and manipulated statistics. We’ve seen nothing yet. Read more: ‘Pound falls in EU exit fear’ – the campaign to frighten the people into compliance
The post ‘Pound falls in EU exit fear’ – the campaign to frighten the people into compliance appeared first on David Icke.
Many well-intended people want to reform the status quo for all sorts of worthy reasons: to reduce wealth inequality, restore democracy, create good-paying jobs, and so on. All these goals are laudable, but if we don’t change the way money…
Of the many economic policies that are accepted as true yet are absolute nonsense, perhaps none is more achingly nonsensical than the notion that weakening a nation’s currency will magically make that nation prosperous. Like the equally nonsensical Keynesian Cargo…
‘An image is going round that sums up just how ridiculous Venezuela’s economy has become. A Reddit user uploaded a picture on Monday of a man using a 2 bolivar note to hold an empanada. According to Venezuela’s official bolivar-dollar exchange rate, the man using his money as a napkin is wasting about $0.31 (£0.20). […]
The post Venezuela’s currency is now so worthless that people are using it as napkins appeared first on David Icke.
It was easy to predict the eventual collapse of the one-currency-fits-all euro:indeed, many analysts explained why it was doomed before it was adopted as an integral part of the European Project, which broadly speaking calls for complete integration of the…
‘Merriam-Webster.com defines energy as the “ability to be active; the physical or mental strength that allows you to do things; natural enthusiasm and effort; usable power that comes from heat, electricity, etc.” In science, energy […]