Ahmed Adel, Global Research -Incoming US President Donald Trump is obsessed with imposing tariffs, believing this will resurrect the ailing economy. However, Trump faces the challenge that his reckless tariffs policy will only strengthen efforts to replace the US dollar as the global reserve currency, especially fearing a BRICS currency. In a Truth Social post on November 30, Trump said: “We require…
Category: The New Economy
Tectonic shift coming on global currency markets?
Nigel Green, Asia Times – A quiet yet profound shift in global financial dynamics may be on the horizon, one that could significantly alter the relationship between the Chinese yuan and US dollar. A potential move by Chinese firms to repatriate their substantial holdings of dollar-denominated assets is central to this change, a scenario likely to occur as US interest…
On the Arrest of Telegram’s Founder, Pavel Durov: How to Fight Censorship as Globalists Expand their War on Truth
Timothy Alexander Guzman, Silent Crow News – As we all now, Telegram’s founder, Pavel Durov was arrested in Paris-Le Bourget Airport in France based on specific allegations that his platform is being used for “drug trafficking and the distribution of child sexual abuse images.” I must say, how convenient to accuse Durov of these charges as censorship on a global…
Could BRICS+ Membership Be A Viable Alternative For Puerto Rico’s Development?
Miguel Santos Garcia, Miguel Santos García’s Newsletter – “Puerto Rico should definitely explore the possibility of joining BRICS+ as it could unblock new horizons for its future” The island of Puerto Rico is an unincorporated territory of the United States that faces many challenges in its economic and social development, as it does not have full sovereignty or independence. The…
De-Dollarization: How a Multipolar World is Reshaping the Global Economy
Timothy Alexander Guzman, Silent Crow News – As more nations continue to find viable solutions to bypass the US dollar for other alternative currencies, the US government’s stranglehold on global finance and trade continues to decline. No one should be surprised at this point since Washington has been using its currency as a weapon of war including the economic sanctions…
Are Central Bank Digital Currencies (CBDC) Destined to Fail?
Timothy Alexander Guzman, Silent Crow News – Since Bitcoin (BTC) was introduced to the world as an alternative to the current central bank system with a dying US dollar that is backed by nothing as its reserve currency, but now there is a plan by several governments to move ahead with implementing their own central bank digital currencies (CBDCs), which…
President Putin: ‘Ugly’ neocolonial system is dead – Putin
President Vladimir Putin, Information Clearinghouse – Russia has significantly boosted trade with nations who do not bow to foreign pressure, thus once again proving that the world has abandoned the old neocolonial system, Russian President Vladimir Putin said on Friday. Humanity is now progressing towards a new multipolar arrangement, he added. After being subjected to Western economic pressure, Russia did not…
India-Malaysia to Trade in Rupees Bypassing US Dollar
Timothy Alexander Guzman, Silent Crow News – There is a worldwide movement to stop using what is considered a toxic currency, the US dollar. The concept of de-dollarization is accelerating, now India, the “I” in the BRICS Coalition has also made significant moves to bypass US dollars. Livemint.com published an interesting article that is a testament to what is taking…
In a Multipolar World, the Idea of a New World Order Dies
Timothy Alexander Guzman, Silent Crow News – When former US President and war criminal George W. Bush and his neocon regime launched their anti-terrorism campaign after the September 11th attacks, he declared that “Every nation, in every region, now has a decision to make. Either you are with us, or you are with the terrorists.” Western threats against the Global South…
De-Dollarization in Africa: South Sudan to Drop US Dollar for Local Currency
Timothy Alexander Guzman, Silent Crow News – Back in 2010, the South Sudanese Government was warned by students who majored in economics that using the US dollar for local transactions would pose an economic risk to the country, and they were right. The Sudan Tribune report described the students concerns about the government’s dollarization of South Sudan’s economy, “Southern Sudanese…
Nicaragua Is World’s #1 Country Where Citizens Feel at Peace, Gallup Poll Shows
Ben Norton, Geopolitical Economy Report – A poll by mainstream firm Gallup found that Nicaragua is the No. 1 country in the world where citizens feel at peace. Nine of the top 14 countries are in Latin America. But the US constantly attacks the Sandinista government and imposes sanctions on it. A poll found that Nicaragua is the top country…
De-Dollarization Accelerates: The Beginning of the End for US Dollar Hegemony in Southeast Asia?
Timothy Alexander Guzman, Silent Crow News –The US is facing major moves by the global community to de-dollarize their economies. The reserve status of the US dollar will eventually come to an end, maybe not anytime soon, but sometime in the future as it is facing numerous challenges not only from major powers such as Russia and China who are…
Is Vietnam Taking Action against the US Dollar?
US Dollar Becoming Toxic: Vietnam Slowly Moving to De-Dollarize Its Economy Timothy Alexander Guzman, Silent Crow News – Vietnam, a historically resistant nation against foreign interventions like the one that started in the Gulf of Tonkin is soon to be in another type of war, a currency war. U.S. President Donald Trump has threatened Vietnam with tariffs in the past…
Coffee and the “Shock Doctrine” in Puerto Rico
John Vandermeer and Ivette Perfecto, Food First – In Naomi Klein’s framework, The Shock Doctrine is the well-worn strategy of capitalist development in the “shock” mode. Part of this framework contends that in the aftermath of disasters, capitalists will descend, purchasing land and other capital goods at basement bottom prices, using their deep pockets to undercut anything or anyone who would strive to…
A Currency War Will Escalate as China’s ‘Petro-Yuan’ is Set to Challenge the U.S. Military-Backed ‘Petro-Dollar’
Timothy Alexander Guzman, Silent Crow News – One quote that always crosses my mind regarding the decline of the U.S. dollar and the state of geopolitics associated with it, is by Gerald Celente, founder of the Trends Research Institute who said that “When all else fails, they take you to war.” As the U.S. dollar continues to lose its status…