Blog

After China made public 57 countries would become founding members of the Asian Infrastructure Investment Bank (AIIB) the Wall Street Journal reported that the US ‘had lobbied hard against Chinese plans for a new infrastructure development bank […] including during teleconferences of the Group of Seven major industrial powers.’ The news that the UK would Read the full article…

Now Europe (incl. UK) openly joins the new BRICS-bank and Germany says to be alarmed about NATO/US aggression Washington must have a feeling they are losing control over a carefully designed dollar-centred world quickly. As the second Wold War drew to a close and after two and a half years of planning for postwar reconstruction, Read the full article…

The Mandarin version of The Big Reset will be published early May 2015 by Renmin University (Press), one of the most prestigious Chines universities and closely connected to the leading communist party. At first I was quite surprised to learn a Chinese leading university was willing to publish The Big Reset, while it’s thesis was Read the full article…

There are very few economists I trust will speak the truth. But Mr. White, a former chief economist to the Bank for International Settlements (BIS) – the bank of central banks – and an advisor to Angela Merkel, has shown over the years he is still a honest guy. The Telegraph called him “The economic prophet Read the full article…

After the SNB suddenly abandoned the CHF ceiling last week Steen Jakobsen, chief Economist & CIO at Saxo Bank tells the world  ‘central banks have lost credibility’ and he even predicts ‘the beginning of the end for central banks will be well under way.’ He even asks his readers the ‘bigger question: Why is it that Read the full article…