
De-Dollarization: Countries Seeking Alternatives To The US Dollar
• https://www.zerohedge.com, by Tyler DurdenThe U.S. dollar has dominated global trade and capital flows over many decades.
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The U.S. dollar has dominated global trade and capital flows over many decades.
The weaponization of commodities in a world that is increasingly turning multipolar and where legacy trade links and commercial bridges are burning down metaphorically (and in some cases literally) is accelerating.
'So, we have a situation here where it's not merely -- it's not the canary in the coal mine has died but the miners are starting to die, too.'
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are "property" which is "capable of being held on trust."
Venezuela has faced a multitude of problems over the past few years, including an economic crisis, political unrest, crime, and infrastructure that has already partially collapsed.
Canada's recent moves to impose stricter rules on crypto companies show that US regulators have allies in cracking down on the asset class after last year's turmoil.
Somewhere, Elizabeth Warren is tearing her hair out.
The inevitable consequence of the current Global Debt Bubble will be the Bankruptcy of the financial system and many of its participants.
Analyst and financial writer John Rubino said in February, "We are in a debt and death spiral" that will force dramatic changes on the world.
The Soviet empire started to crumble around 1989. The time period between the forming of the North Atlantic Treaty Organization (NATO) in the late 1940s and the retreat of Russia from Eastern Europe with the eventual collapse of communism in Russia i
Scrape away the complexity and every economic crisis and crash boils down to the precarious asymmetry between collateral and the debt secured by that collateral collapsing.
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The European Parliament has voted to cap the upper limit of cash transactions at €7,000 per transaction to clamp down on money laundering and tax dodging within the bloc.
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The European Union is in danger of "criminalising" the use of physical cash with its new anti-money laundering laws, an MEP has warned.
The French capital has seen multiple raids on major banks on its territory as authorities are leading an investigation into a possible fiscal fraud and money laundering case that may have cost the French and German governments over €100 billion ($1
The world's economy and its society were not thrown into disarray by a "pandemic disease," but rather by the global policy response to an alleged pandemic disease. Similarly, the war in Ukraine isn't causing a complete realignment of the Inte
The contagion of collapse continues.
...on rotten Credit Suisse debt
A key central bank is considering implementing negative interest rates as it rolls out digital currency.
Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the collapse of Credit Suisse which resides in Switzerland, one of the world's top banking countries and also the same country the WEF and the BIS resides.
We let you know when banks collapse!
United Nations recently published a policy brief on the twelfth commitment of Our Common Agenda – Emergency Platform.
Situation Update, Mar 21, 2023 - HIV + SARS bioweapons were deployed against the world to protect the imperial PETRO DOLLAR
The purpose of a minimum wage is to establish a baseline income level for workers in a given jurisdiction. Ideally it's enough to cover basic needs like food and housing, but this isn't always a guarantee.
Swiss Bank Fails! Bail-ins Implemented as Seniors' Pensions Raided – Chaos in Europe as France Burns
Vietnam continues to gain economic freedom, as confirmed by the latest edition of the Heritage Foundation's Index of Economic Freedom ranking.
Update (21:00ET): And so, the "bailout" arrives just a few hours before the Europe open, Credit Suisse said it's planning to borrow from the Swiss National Bank up to CHF50 billion ($54 billion) under a covered loan facility which is "fully collate
Nigerians are protesting the African country's digital currency and demanding renewed access to paper money, despite government incentives.