Tag Archive | "US Dollar"
Is BRICS Challenging the West?
The fourth BRICS summit representing Brazil, Russia, India, China and South Africa was held on March 28-29, 2012 in New Delhi. Despite the limited timeline, its results might be defined as outstanding. In any case it’s obvious that the leaders of the member countries had no intention to confine themselves to purely symbolic resolutions, so [...]
Continue reading...BRICS: Going Strong to Change the World Scene
Monday, April 2, 2012
On 28-29 March 2012 a BRICS summit was held in Indian capital New Delhi. The theme was “BRICS Partnership for Stability, Security and Growth”. This was the fourth BRICS summit that brought together the leaders of the emerging economic powers to discuss a host of global issues. The event took place against the backdrop of [...]
Continue reading...Currency Warfare: What are the Real Targets of the E.U. Oil Embargo against Iran?
Thursday, February 2, 2012
Who is the European Union’s so-called “oil embargo on Iran” really aimed at? This is an important geo-strategic question. Aside from rejecting the new E.U. measures against Iran as counter-productive, Tehran has warned the member states of the European Union that the E.U. oil embargo against Iran will hurt them and their economies far more [...]
Continue reading...Why Washington is opposed to Vladimir Putin election as Russian President
Friday, January 13, 2012
There seems to be no limit to Washington’s idiocy in international relations, when clearly as a premier economic power US is declining fast and like a seriously diseased patient, on drip, just about surviving. Yes, it spends over $ 700 billion on defense at the behest of military and energy combine underpinned by corrupt financiers [...]
Continue reading...Why the US Needs a Major War
Tuesday, January 10, 2012
At the moment, we find ourselves in the middle of a turbulent phase of the global evolutionary cycle which commenced in the 1980s and is projected to end by the middle of the XXI century. In the process, the US is clearly loosing its hyperpower status… Estimates offered by experts from the Russian Academy of [...]
Continue reading...The Global Financial Dictatorship Vs. Iran
Sunday, November 20, 2011
Having coped with Libya, the West is ready to hunt down new victims, Syria and Iran being next on the hit list. The campaign against Syria runs into major roadblocks as the country’s leader Bashar al-Assad offered the society a package of reforms which are indeed long overdue, while Russia and Iran prevented the UN [...]
Continue reading...US Public Debt: No Solution
Wednesday, August 3, 2011
On Monday the US Congress has finally approved the new budget agreement allowing the government to increase the borrowing limit by 2012 on $2.4 trillion. The plan also provides for saving of $1 trillion in 10 (ten!) years. Today the US public debt is around $14.5 trillion. The budget deficit in 2011 will be $1.5 [...]
Continue reading...US: Will the National Debt Continue to Grow?
Thursday, July 7, 2011
This May the United States have passed yet another upper limit of the national debt that Congress approved last year at a dizzy level of $14.3 trillion. Now U.S. leadership has mere weeks to avoid default that may take place right after the 2nd of August. The only option viewed as the means of salvation [...]
Continue reading...US-Led Commodity Boom: Fake Prices, Global Crises
Thursday, June 30, 2011
When I first entered the floor and learned about oil pricing, it was clear that the cash market, where real barrels of oil were bought and sold, was where pricing was decided. Later, it became increasingly clear that the source of prices was coming from the futures markets that I engaged in, with the cash [...]
Continue reading...Default by Greece and the US
Friday, June 24, 2011
In mid June Alan Greenspan, former Federal Reserve chairman, said a default by Greece is “almost certain” and could help drive the US economy into recession. Greenspan’s loud statement on Greece may be a “sound curtain” to prepare the global community to a default by the US… First – a few key dates. June 14, [...]
Continue reading...Let’s Have a Warm Gesture, Mr. Gates!
Saturday, June 11, 2011
When the Soviet Union collapsed, there was great glee in the “West” especially in America. “We won” they shouted as if their team had won the World Cup. Capitalism, in the struggle against Communism, had carried the day. Khrushchev had the right slogan when he said the Americans, “we will smother you”, he just had [...]
Continue reading...China-US: How to Not Work and Still Eat
Friday, June 10, 2011
Let’s assume that planet Earth’s resources are finite, mining neighboring planets is in the distant—very distant—future and the world’s population is growing at an absurd pace. That means we are facing the problem posed by the famous English preacher, Thomas Malthus. Incidentally, here we should stop and ask ourselves, “Can anything good come out of [...]
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Friday, April 6, 2012
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