Category Archives: Economy

Nobody’s Stealing Your Jobs, You Spend Too Much on Wars | Alibaba’s Jack Ma

Chinese billionaire and Alibaba founder Jack Ma believes that improper distribution of funds and hyper inflated US military spending, not globalization or other countries “stealing” US jobs, is behind the economic decline in America. Continue reading Nobody’s Stealing Your Jobs, You Spend Too Much on Wars | Alibaba’s Jack Ma

Washington is Behind India’s Brutal Demonetization Project

In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington’s role has been disguised only very superficially. Continue reading Washington is Behind India’s Brutal Demonetization Project

Derivatives Clearinghouse Failures Could Bring Down International Financial System

For any financial system to work, it must earn the respect and trust of its participants. This requires every financial instrument to have the integrity as to its true value and redeemability, as readily established through a mutually verifiable transparent mechanism.

Continue reading Derivatives Clearinghouse Failures Could Bring Down International Financial System

1st Silk Road Train Arrives in Iran, West Sociopaths Trashing $100 & €500 Bills Out

Some very striking developments between East and the West in the realm of economics are happening very recently. What we thought would take more years to start is already here.

The Silk Road is well on course and the first train of goodies from China has arrived in Iranian railway terminals to inaugurate post-sanction Iran.

Continue reading 1st Silk Road Train Arrives in Iran, West Sociopaths Trashing $100 & €500 Bills Out

International Shipping Shuts Down; Baltic Dry Index Freefalling

International cargo vessels today are all docked and anchored in most seaports all over the world, and the last trips they may have had were for the December holidays shopping spree.

As of yesterday, the most prominent global indicator for international shipment of physical goods, the London-based Baltic Dry Index, is in free fall.

Continue reading International Shipping Shuts Down; Baltic Dry Index Freefalling