After the devaluation of the yuan, the international financial markets started trembling. Washington accused Beijing of taking advantage of the market. As China wants to…
On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys. For months we’ve documented the PBoC’s liquidation of its vast…
Last week, in the global currency war’s latest escalation, Kazakhstan instituted a free float for the tenge. The currency immediately plunged by some 25%. The rationale behind…
Financial markets around the world were in turmoil Wednesday as investors, speculators, analysts and pundits tried to assess the significance and implications of the devaluation…
Common wisdom has China as the future model for the Globalist economy. Also, conventional thinking has the Western financial debt created money system as the…