Tag: US Dollar

Why the US Needs a Major War

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 […]

The Global Financial Dictatorship Vs. Iran

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 […]

US Public Debt: No Solution

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 […]

Default by Greece and the US

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 […]

China-US: How to Not Work and Still Eat

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 […]