Economist Richard Wolff discusses how Russia became the top economy in Europe thanks to the spectacular failure of NATO policy, which served to destroy Europe's industry while bolstering Russia's.
The United States government is deliberately devaluing the U.S. dollar in favor of a CBDC. There's no other way to explain how the Biden administration plans to fix a 34 trillion dollar national debt than moving Americans off of a treasury backed dollar in favor of a digital currency backed by Wall Street. Lear CEO Kevin DeMeritt joins us to discuss the debt bomb America is facing.
German farmers are fighting back and demanding a new government. Thousands of protestors lined up their tractors and blocked roads and bridges across Germany demanding lower fuel cost and taxes. The German farmers are also fed up with billions being sent to foreign wars in Ukraine. They are braving the January weather to show the government that they are not willing to fill budget deficits
Join us for a riveting live stream live stream event hosted by our esteemed guests, The Duran's Alex Christoforou and Alexander Mercouris, alongside Cyrus Janssen and Reporterfy Media, will guide us through the intricate web of international relations.
In this captivating discussion, our attention will be firmly fixed on the ongoing China USA Economic war.
Show Topic for more... China’s [...]
Jeffrey Sachs is a well-known American economist, academic, and public policy analyst who has made significant contributions to the fields of sustainable development and economic development. He has held various prestigious positions throughout his career, including serving as the director of The Earth Institute at Columbia University and as a special advisor to the United Nations Secretary-Genera [...]
The State Department announced on August 15 that the US views the improvement in relations between Beijing and Moscow with “concern.” The announcement was made only days after the US provocatively sent warships to monitor Chinese and Russian ships engaged in joint naval exercises in international waters. Nonetheless, the statement is contradictory since the US forced, with their aggressive act [...]
Germany's recession and industrial crisis are getting from bad to worse. Because of Germany's push towards green energy, their Minister of Economy is predicting 5 long years of economic pain for the country. This involves higher deficit spending to help transition to renewables to prevent a total collapse of German industry. Here's what you must know!
Putin has the last laugh as NATO Nation ent [...]
Truckers used to make $110K per year on average. Now many are homeless. So what happened? We dug into it as part of our new Class Room series, which looks at how jobs that used to provide a solid, middle class life now barely provide a living. With trucking, that story starts with deregulation. Big Box stores like Walmart were allowed to crush worker power and wages across an entire industry. Now [...]
Prior to the unfortunate dismantling of the Soviet Union, Ukraine was one of its most prominent republics, even rivaling Russia itself in numerous aspects. In many ways, it was a sort of “Soviet California”, as approximately 30% of the USSR’s massive industrial and scientific might was situated precisely in Ukraine. Much of Soviet shipbuilding, advanced electronics, rocketry, chemical indust [...]
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News interviews Simon Hunt, Founder of Simon Hunt Strategic Services, who says the BRICS countries are on a “deliberate” path to develop a new mechanism that will work against the U.S. dollar. Hunt warns not to underestimate the threat posed by the BRICS group and its expansion. Hunt discusses why he expects the new BRICS currency to be [...]
The definition of a failed state according to some experts is: A failed state is a political body that has disintegrated to a point where basic conditions and responsibilities of a sovereign government no longer function properly. Another characteristic of a failed state includes a central government so weak or ineffective that it has an inability to raise taxes or other support and has little pra [...]
What if France leaves the G7 and joins hands with the BRICS nations? With the rise of the BRICS countries, their influence is spreading across the globe. French President Emmanuel Macron could take part in the BRICS Summit in South Africa in August 2023, as he voiced his desire to participate in the Summit. Now this begs the question: Can this diverse group of nations reshape the global order and [...]
Federal Reserve's latest meeting minutes released on 23 November. After four consecutive interest rate hikes of 75 basis points, the vast majority of participants believed that the Fed would soon slow down the pace of rate hikes. This is because, in their view, continuing to raise rates sharply would increase the risk of instability or disruption to the US financial system and the US national debt [...]
Global use of the US dollar as a currency may decline further to 40-45% within the next 2-3 years.
March 2023 brought an economic bloodbath in the United States. One of the most prominent American banks, the Silicon Valley Bank, which was counted as one of the top 20 banks in the US with over $215 bn in assets, collapsed. The bank suffered a massive loss of $1.8 bn due to the interest hike on US [...]
Colombia is being crushed under a failed 2016 peace accord between the government and the Revolutionary Armed Forces of Colombia (FARC). While the agreement initially brought hope for a brighter future, its implementation has been marred by complexities and setbacks. Colombia is also dealing with runaway inflation that is crushing the population.
De-Dollarization Drive: Why Iraq Has Decided to Abandon the US Dollar | Vantage with Palki Sharma In a bold move, Iraq has prohibited transactions in US dollars. This surprise announcement last week was an effort to stabilize the Iraqi Dinar. But increasingly, the US dollar’s dominance is being challenged in West Asia. Palki Sharma tells how the de-dollarization trend is catching on. [...]
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US Banking Crisis: Two More Banks On the Brink of Collapse? | Vantage with Palki Sharma The US banking crisis is far from over. Regional banks suffered more losses and investors are pulling out money. Two more banks are on the brink of collapse. Is the US prepared? [...]
Europe is facing a massive energy crisis and is turning to China for help. After Macron's visit to China, Europe is shifting away from the United States and doing ANYTHING it can to solve its ongoing energy problems. [...]