Tag Archives: US Dollar

Dedollarisation is Really Happening Now.

I’ve written about Dedollarisation a few times in the past. A lot of people thought it nonsense and imagined the US dollar couldn’t be reduced in influence.

I wrote this article in 2015: Two for the Price of One: De-dollarise and Reduce American Hegemony. I correctly predicted that the US would have to be carefully handled during dedollarisation and it would go down kicking, screaming and lashing out and quite likely start a war while it was doing so. I was correct in that and the conflict the US ignited in Ukraine is testimony to that.… Click here to continue reading this article

More American Aggression: The War Against the Turkish Lira

Why is the war raging against the Turkish lira?

More accurately what is going on can be described as a battle against the Turkish lira as part of a war to protect the position of the U.S. dollar.

With a huge proportion of external debt denominated in dollars; some $300 billion in private as opposed to government debt amounting to about 50% of Turkish GDP, Turkey is an easy target. That the U.S. has a political beef with Turkey is merely a bonus.

Remembering that, for the United States, maintaining the position of the dollar as a reserve currency is key to the survival of the country, this war is very important.… Click here to continue reading this article

Oil: The US is in for a Bumpy Ride.

You are right to think that the US is in for a bumpy ride, it is, and for the reasons I and others have been going on about for more than a decade.

The core issue that connects all the significant actors, in different ways, is energy – its supply and its cost.

Right now US tight hydrocarbon firms are pumping for all their worth in order to generate cash flow to enable them to pay their loans. They are stuck. They simply can not reduce output by one iota, they have no choice but to pump and pump no matter how much money they lose.… Click here to continue reading this article

Why the US Economy is Finished. The Managed Decline of the USA by Russia & China.

The United States is the greatest threat to world peace. This is because it is lashing out because its economy is collapsing.

Lets think about this.

America is slowly collapsing. Their economy is a ponzi scheme, propped up by world use of the dollar. However, Russia, Iran, China and some other BRICS countries are leading a long overdue de-dollarisation of the world.

A strong economy needs to manufacture stuff and export.

In Europe, what do we actually buy that is made in America?

Something that most Americans don’t get is just how little we see of American products.… Click here to continue reading this article