Alastair MacLeod
In the war between the western alliance and the Asian axis, the media focus is on the Ukrainian battlefield. The real war is in currencies, with Russia capable of destroying the dollar.
Posts Tagged ‘financial collapse’
A Tale of Two Worlds
Posted by seumasach on February 3, 2023
Posted in Currency Wars | Tagged: dollar collapse, End of empire, Eurasian system Gold standard, financial collapse, Russian diplomacy | Leave a Comment »
Trump shows realism toward Iran
Posted by seumasach on July 19, 2017
Trump, like his predecessor, Obama, seems destined to preside over the demise of all neoconservative plans. At the same time, like Obama, he appears unable to break free of the “swamp”, the deep state quagmire, and actually define US interests in positive terms through an embrace of the emerging multipolar reality. Thus, the neocons have made sure that if they can’t lead no one can. If it continues, this paralysis means that there is no soft landing for bankrupt America, no reset of the global financial system: the next phase of the financial crisis is imminent and the US economy and the dollar will be right in the eye of the storm.
M.K.Bhadrakumar
18th July, 2017
The United States’ regional strategies in the Middle East face multiple challenges and it needs strong nerves and robust realism not to overreact. Importantly, the temptation to display ‘muscular’ diplomacy must be curbed. Thus, the decision by the Trump administration on Monday to certify for the second time Iran’s compliance with the July 2015 nuclear deal signifies strategic maturity.
Posted in Financial crisis | Tagged: dollar collapse, End of empire, financial collapse | Leave a Comment »
Global trade just snapped
Posted by seumasach on November 22, 2015
21st November, 2015
Container Freight Rates Plummet 70% In 3 Weeks
“This market is looking like a disaster and the rates are a reflection of that,” warns one of the world’s largest shipbrokers, but while The Baltic Dry Freight Index gets all the headlines – having collapsed to all-time record lows this week – it is the spefics below that headline that are truly terrifying. At a time of typical seasonal strength for freight and thus global trade around the world, Reuters reports that spot rates for transporting containers from Asia to Northern Europe have crashed a stunning 70% in the last 3 weeks alone.
Posted in Financial crisis | Tagged: economic collapse, financial collapse | Leave a Comment »
The “Great Unwind” has arrived
Posted by seumasach on September 7, 2015
6th September, 2015
It’s my overarching thesis that the world is in the waning days of a historic multi-decade experiment in unfettered finance. As I have posited over the years, international finance has for too long been effectively operating without constraints on either the quantity or the quality of Credit issued. From the perspective of unsound finance on a globalized basis, this period has been unique. History, however, is replete with isolated episodes of booms fueled by bouts of unsound money and Credit – monetary fiascos inevitably ending in disaster. I see discomforting confirmation that the current historic global monetary fiasco’s disaster phase is now unfolding. It is within this context that readers should view recent market instability.
Posted in Financial crisis | Tagged: End of empire, financial collapse | Leave a Comment »
BIS calls for market correction
Posted by seumasach on July 16, 2014
Did the “central banks’ central bank” just call for a stock-market collapse?
30th June, 2014
Don’t look now, but the Bank for International Settlements (BIS), which is often referred to as the “central banks’ central bank”, just advised the world’s central banks to stage a market collapse now rather than later.
Posted in Financial crisis | Tagged: End of empire, financial collapse | Leave a Comment »
Jim Willie-US $ implosion and petrodollar demise in 2014
Posted by seumasach on February 8, 2014
Posted in Financial crisis, Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa), dollar collapse, financial collapse, Global Currency Reset(GCR) | Leave a Comment »
Flash trading hits US treasury bonds
Posted by seumasach on September 29, 2013
Jim Willie
25th September, 2013
The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm. Of course, residents inside the US Dome do not notice, since they only perceive it as the native currency. From conversations with common folk, discussions with investor types, and general observations for over 20 years, the Jackass belief is that only 5% to 10% of Americans are aware that the USDollar serves as a global financial instrument in contracts, the basis for trade settlement (mostly crude oil), with some extremely important consequences. A major development has begun, much like a metabolic life support system in concert with the Interest Rate Swap derivative contract. For two years or more, the USTreasury Bond market has been deeply dependent upon artificial demand derived from the derivatives. Entire bond rallies have been fabricated with 50:1 leverage, fully supported by the financial network propaganda. Without derivative flying buttress support, the giant USTBond Tower would have collapsed a couple of years ago. Now a new support system has been begun, a dangerous musical chairs long entrenched in the stock market. It has entered the bond market finally. Flash Trading!!
Posted in Financial crisis | Tagged: dollar collapse, End of empire, financial collapse | Leave a Comment »
Broken America: The Towns left in Financial Ruin
Posted by seumasach on July 7, 2012
7th July, 2012
They were hanging up the bunting in Mammoth Lakes this week, celebrating Independence Day in the traditional small-town fashion. First, locals queued up for an eat-all-you-can-eat “pancake breakfast”.
Posted in Financial crisis | Tagged: End of empire, financial collapse | Leave a Comment »
JP Morgan chief reveals $2bn trading loss
Posted by seumasach on May 11, 2012
JP Morgan chief reveals $2bn trading loss caused by ‘sloppiness’
11th May, 2012
JP Morgan Chase, America’s biggest bank, issued a surprise trading update after US markets had shut on Thursday, admitting it had incurred $2bn (£1.2bn) of trading losses in the past six weeks.
Posted in Financial crisis | Tagged: financial collapse | Leave a Comment »
Global Systemic Crisis: Towards a Renaissance in European political and economic integration
Posted by seumasach on February 19, 2012
Global Economic Anticipation Bulletin (GEAB) no 62
18th February, 2012
As anticipated by LEAP/E2020, the fear largely fed by the City of London and Wall Street of a Eurozone break-up over the Greek debt crisis proved unfounded.
Posted in Battle for Europe | Tagged: bailout, bailouts, bankrupt Britain, End of empire, financial collapse, franck biancheri, Laboratoire européen d’anticipation politique LEAP, no more bailouts-put banks into receivership | Leave a Comment »
HSBC to snub Chancellor’s £20bn loan plan
Posted by seumasach on February 19, 2012
This is yet another bailout- a handy 20 billion, but not enough to to prevent the inevitable: a run on the banks.
18th February, 2012
The British bank is understood to feel that the Chancellor’s loan guarantee scheme – which will see the Government loan money to UK banks to lend on to small and medium-sized companies – is not workable as it would prove to be too expensive under the structure being discussed.
Posted in UK economy | Tagged: bailout, bailouts, bankrupt Britain, End of empire, financial collapse, no more bailouts-put banks into receivership | 1 Comment »
In These New Times 