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…
Category: The New Economy
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…
Can The Move Towards a Cashless Society Lead to Alternative Currencies?
Timothy Alexander Guzman, Silent Crow News –Are we entering a new era where cash is outlawed and a cashless society is becoming an Orwellian reality? The European Central Bank President Mario Draghi recently said that the bank is “considering action” to drop 500 euro notes because of its links to criminal activities. The former treasury secretary and director of the National…