Tag: economic collapse

Turkey and Russia Now Developing Visa and Mastercard Alternative

#Moscow and #Ankara are working on an alternative to replace the Russian payment system Mir after the US threatened Türkiye with #sanctions for servicing its cards, Russia’s ambassador there, Aleksey Yerkhov, said on Thursday. https://t.co/RPX39WpOV0 — TNT Radio (@tntradiolive) February 11, 2023 It is extremely…

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UK Suffers “Permanent” Reduction in Living Standards

One in four UK households will be unable to pay their energy and food bills despite the economy narrowly escaping a recession in 2023, a leading think tank predicts https://t.co/mPcSjJDyId — Bloomberg (@business) February 8, 2023 The important thing to remember here is that you…

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US Dollar Status as Reserve Currency in Jeopardy, Doctor Doom Says

My new @FT oped on gradual de-dollarization: A bipolar currency regime will replace the dollar’s exorbitant privilege. The greenback is bound sooner or later to feel the effects of intensifying geopolitical rivalry between the US and China https://t.co/gJoxUf9YjI — Nouriel Roubini (@Nouriel) February 5, 2023…

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Yellen Warns of Devastating Financial Catastrophe. She’s Nervous.

Both Republicans and Democrats have been complicit in this crime. Unfortunately the larger the debt is the more pain all Americans will endure. Personally not a gold bug, but the gold standard did enforce some type of government restraint from endless $ printing/spending. pic.twitter.com/NKexLck1Nd —…

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Russia Keeps Increasing Oil Exports to China and India

We need to give Russia credit. They’ve won the economic war. The shooting war is whatever – it matters a lot less anyway. But they’re winning that too. RT : Exports of Urals and Kazakhstan Export Blend Crude Oil (KEBCO) brands are expected to surge…

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Japan’s Declining Population and Global Sinoization

It’s a tired talking point at this point, but: in white countries, the government/media was telling everyone to have fewer kids because of global cooling or the ozone hole or whatever (this was pre-global warming), and then when people did that they came out and…

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UK Buying Russian Oil Through India in Sanctions Loophole

These 2 posts perfectly point out the utter absurdity of our Russian sanctions & energy costs. We still buy Russian oil, only after its been marked up by India. https://t.co/UOxD5iUVee — Dan 🇬🇧 (@Kingbingo_) January 20, 2023 So the purpose of the UK’s anti-Russia sanctions…

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