Wage Earners, Sasha Latypova presents On US Dollar and Debt, reviewing the workings of the vast fake-reality which is composed, in order to maintain the imperial system of wealth extraction through lending US dollars at low interest "loosely", then "tightening" with high interest rates, to gobble up factories, farms, mines and oil wells across the world. This cycling of deer-corn and hunting-season is on top of the steady return of lending fiat money at interest. [Notably, the "going direct" actually began in September 2019, "before" COVID, even before Event 201, when around a $US trillion got injected into the repo crisis, because JPM, BoA, Goldman, Deutsche Bank and BlackRock couldn't trust each other overnight any more. They knew...]
Excellent John, a nice crib sheet on current status. I was pleased to note that you follow Dr Tim Morgan. He was a great help when I began writing my dissertation in 2013 (e-Book) which fitted like a glove with his book: 'The End of Growth' and he added the Epilogue. https://www.researchgate.net/publication/358117070_THE_FINANCIAL_JIGSAW_-_PART_1_-_4th_Edition_2020
Also - I too follow Sasha et al, a remarkable investigator exposing the truth. I also work with Gerry in Australia, on Covid: https://cmnnews.org/ He is also a great financial and economic resource - I re-post his weekly BOOM editorials each Tuesday: https://austrianpeter.substack.com/p/us-banks-are-ok-china-peace-plan?utm_source=post-email-title&publication_id=762792&post_id=111199684&isFreemail=false&utm_medium=email
Good to have found you! Fellow travellers need to stay in touch!
"Kindred spirits"...
:-)
Dr Farmer John, thought you might enjoy a respite from the wars and woes of these times:
https://vimeo.com/806579510
(It is a fascinating 10-minute video on the world of trees and mushrooms, which seem to do much better living together than most people!)
Thanks, I just get commercials. from that link. I'm not going to sign up.
I don't watch videos much, anyway.
:-)
Apparently, at the WEF Davos conference in January, Saudi Arabia announced it would be open to trading oil for Chinese Yuan. I missed this, but it is a huge negative thing for USD hegemony. Article is here: https://www.zerohedge.com/geopolitical/us-tensions-iran-reignite-dollars-petro-currency-status-under-threat
Yes, that is floating for the moment, but might already be getting arranged in futures deals.
"Petro-Yuan".