The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in the United States to go way up. Right now, the U.S. dollar is the primary reserve currency of the world. Even though that status has been chipped away at in recent years, U.S. dollars still make up more than 60 percent of all foreign currency reserves in the world. Most international trade (including the buying and selling of oil) is conducted in U.S. dollars, and this gives the United States a tremendous economic advantage. Since so much trade is done in dollars, there is a constant demand for more dollars all over the globe from countries that need them for trading purposes.
Category: Japan
Underneath all the shallow K-Pop, fashion and modern entertainment, South Korea remains an interesting country with a profound past. My travels in South Korea certainly made me realize the tragedy of intervention, the inescapable fate…
The Interview is translated from German. The German Interview is published on 12.09.2012 in the German Monthly News Magazine ZUERST! ********************************************************************* Is The Non-Aligned Movement Relevant? Manuel Ochsenreiter “ZUERST” interviews Christof Lehmann Dr. Lehmann, the…
PENGCHIA, Taiwan Taiwan’s president used a high-profile visit to a Taiwanese islet Friday to warn Japan against making any attempts to nationalize islands that are part of a disputed chain in the East China…
The Chinese patrol ship Haijian 46, one of the two ships which is reportedly sailing near the disputed islands in the East China Sea, known as Senkaku in Japan or Diaoyu in China, in…
U.S. Fails in Its Moves to Isolate Iran With no force can the imperialist powers weaken the might of the world independent forces against imperialism. This is clearly evidenced by the 16th Summit of…
Note: We’d like to thank Mr. Wilcox for his submission to the blog. While some of this material has appeared elsewhere, Mr. Wilcox has also found an abundance of interesting quotes and references that are…
Early 2012 violent clashes between Muslim Rohingya and Buddhists broke out in Myanmar´s Rakhine State which is bordering to Bangladesh. In 2011 Myanmar ended 49 years of military rule. It is slowly implementing political, social, legal and economical reforms. It has been troubled by supposed ethnic conflicts for decades; Remnants of the British Divide and Conquer Strategy, aggravated by world war two and modo-colonial influences. It is the most rich country in the greater Mekong region in terms of natural resources. Yet it is one of the lowest ranking on the Social Development Index. The end of military rule opened the doors for western corporations, NGOs, think-tanks, human rights organizations and to a greater influence of UN Agencies. Many of them, UN-agencies included, are associated to and sponsored by the likes of the self-proclaimed philanthropist and multi-billionaire George Soros.
The network is seriously compromising its journalism in the Gulf states by blurring the line between advertising and editorial • Report: why didn’t CNNi air its own ‘iRevolution’ documentary? September 5, 2012 The Guardian…
What is the world’s most powerful and violent “ism”? The question will summon the usual demons, such as Islamism, now that communism has left the stage. The answer, wrote Harold Pinter, is only “superficially recorded,…