MSM: Obama team accuses China of manipulating its currency
Barack Obama‘s choice as the next treasury secretary has fired the first shot in what could be a new protectionist battle between America and China. Tim Geithner told US senators that Obama believes...
View ArticleHyperinflation Will begin In China And It Will Destroy The Dollar
The conventional wisdom on China is dead wrong. Specifically, there is a widespread belief, as expressed by Goldman Sachs, that “China will keep the yuan trading within a narrow range in 2009 due...
View ArticleMSM: US-China currency war eclipses Davos, and threatens the world
Turning a corner in the labyrinthine corridors of the Davos nerve-centre, I ran smack into Chinese premier Wen Jiabao – followed by a regiment of retainers and senior offices in full regalia. They have...
View ArticleMSM: America threatens trade war with China
The United States government is planning to revive a bill that will punish China for artificially boosting its trade through “currency manipulation”. Members of the US Senate and Congress believe that...
View ArticleJim Rogers Sells Dollars, Plans to Short Treasuries
(Bloomberg) – The dollar and U.S. Treasuries are both likely to slide as soaring government debt in the world’s biggest economy undermines confidence in its assets, according to Jim Rogers, chairman of...
View ArticleTowards a Global Currency? – Michel Chossudovsky
With a view to restoring financial stability, World leaders have called upon the Group of 20 countries (G-20) to instigate a new global currency based on the IMF’s Special Drawing Rights (SDRs). The...
View ArticleDerivatives Collapse and the China Gold and Silver Markets
(BobChapman) – In 2009, China opened up various exchanges for investment in both gold and silver to the Chinese public, which previously was not allowed to invest in gold and silver. The opening of...
View ArticleMSM: The demise of the dollar
(Independent) – In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading In the most profound...
View ArticleRussia ready to abandon dollar in oil, gas trade with China
(RIANovosti) – Russia is ready to consider using the Russian and Chinese national currencies instead of the dollar in bilateral oil and gas dealings, Prime Minister Vladimir Putin said on Wednesday....
View ArticleVideo: Geithner In Beijing – The Dangers of Exporting The Depression
(RussiaToday) – Treasury Secretary Geithner is on his way to Beijing, where he will meet with Chinese Vice Prime Minister Wang. The trip is in relation to US demands for a massive up valuation of the...
View ArticleDoes China Plan To Back The Yuan With Gold And Make It The Primary Global...
(EconomicCollapseBlog) - What in the world is China up to? Why are the Chinese hoarding so much gold? Does China plan to back the yuan with gold and turn it into a global reserve currency? Could it...
View Article
