In These New Times

A new paradigm for a post-imperial world

The global financial system is unraveling…

Posted by seumasach on September 5, 2018

On the one hand, we can expect to see defaults on dollar debt. On the other, dollars held abroad will be used to prop up falling currencies- for example, China may support the Turkish Lira- or used to buy gold or commodities.

And No, the U.S. Is Not immune

Charles Hugh Smith

Of Two Minds

4th September, 2018

Currencies don’t melt down randomly. This is only the first stage of a complete re-ordering of the global financial system.

Read more

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