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China ventures its Coin for World Reserve Currency

  China first delegated the management of gold policy to the People’s Bank by regulations in 1983. This development was central to China’s emergence as a free-market economy following the post-Mao reforms in 1979/82. At that time the west was doing its best to suppress gold to enhance confidence in paper currencies, releasing large quantities…

The World Empire of America: The Fourth Rome

 VLADIVOSTOK, Russia — What is the nature of the modern world order? Answers to this question are incalculably many. However, the one provided by Salvatore Babones, a native New Yorker and currently a professor at the University of Sydney, has recently struck me as probably the most compelling. Challenging the conventional wisdom, Babones argues that…

Merkel and Hollande’s conflicted loyalties mark limits of NATO’s and Washington’s influence

  Asia | The State of the Century     Secretary of State John Kerry’s remarks in Kiev last week that the United States is considering providing weapons to the embattled Ukraine government of President Petro Poroshenko threatens to ignite a political crisis in Europe that could have profound implications for the U.S. Not since…

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A ‘New` Type Of Great Power Relationship

In the absence of a common narrative shared by the U.S. and China, the two nations are likely to drift more rapidly apart. Trust builds on itself just as distrust builds on itself as well, compounding into deep enmity over time. BEIJING — I have watched carefully the evolution of China’s concept of a “New…

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Russia Is On A ‘Holy Mission’ And The West Doesn’t Get It

 President Barack Obama explained that Russia, hit hard by Western sanctions, is losing in its confrontation with the West and NATO caused by Vladimir Putin’s aggression in Ukraine. In his State of the Union address, Obama displayed similar swag and bluster against both the Kremlin and congressional Republicans, seemingly without regard for any recent events….

Gentleman of Kindness, Tolerance, and Reason

One thing that has struck me lately is how unfashionable it has become to strive towards what used to be called gentlemanly behavior. Perhaps civility might be more appropriate, since gentlemanly tends to invoke a false image of the well to do, well-dressed. Although civility is too often cold, and a dissembling of rudeness through overuse of…

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Bankers exhaust peoples patience, rigging and corruption and collusion with no consequences

      The Rigging Triangle Exposed: The JP Morgan-British Petroleum-Bank Of England Cartel Full Frontal Submitted by Tyler Durden on 12/30/2014 Bank of England Barclays Bloomberg News Central Banks Citibank Citigroup Corruption Enron Insider Trading JPMorgan Chase Market Manipulation None Porsche Prop Trading RBS Reuters Royal Bank of Scotland Yen Zurich The name Dick…

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Goodbye to one of the best years of Earth History 2014

      Goodbye to one of the best years in history It might not feel like it, but we are safer, richer and healthier than at any time on record Record numbers reach retirement age as baby boomers turn 65 We are living longer, healthier lives than ever before Photo: Alamy By Fraser Nelson6:20AM…