Here’s your ‘reserve currency’ thought for the day: Every US dollar is a check written on an account that is overdrawn by over 30 trillion dollars. It’s true. The “full faith and credit” of the US Treasury is largely a myth held together by an institutional framework that rests on a foundation of pure sand. In fact, the USD …
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Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. The Nouriel Roubini warning: Now Roubini is warning that the staggering amounts of debt held by individuals, businesses, and the government will soon lead to …
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Herland Report: The Covid Deception Is a Power Grab as the global ruling class or oligarchy used Covid-19 to seize power by declaring a state of global emergency: In a recent interview with Geopolitics & Empire, Hrvoje Moric asked me if there was an explanation for the uniformity of countries’ Covid policies with even the “free world” shutting down civil …
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Herland Report: A Complete Overhaul of the U.S. Financial System: This story is about money and an alarming paper by Biden’s nominee Saule Omarova. For quite a while, we’ve been all discussing different aspects of the Great Reset and the treacherous plan to use the “happy” language of “public good” and “sustainable development” to push through an all-encompassing power grab by the largest …
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