August 5, 2011
Share this…EmailFacebookTwitterLinkedinGoogleRedditBut now, the economists are beginning to realize what we have been saying all along. The dollar is at risk of losing reserve currency status.We have been warning about this for nearly three years, first in reports to the Pentagon and Intelligence Community, then in a Pentagon-funded study, next in private briefings to policymakers […]
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August 5, 2011
Share this…EmailFacebookTwitterLinkedinGoogleRedditYou probably won’t hear this reported anywhere else. However, the problems today (including the stock market mini-crash with the Dow falling more than 500 points) were precipitated by direct assaults on the Italian, Spanish, French and Belgian economies by market participants. Credit Default Swaps jumped markedly despite European efforts to calm the situation. Market participants […]
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