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The Chinese state press agency Xinhua has called for a ‘new international reserve currency that is to be created to replace the dominant U.S. dollar’. A reset of the world’s monetary system will be supported by China; ‘Apart from that, the world’s financial system also has to embrace some substantial reforms. The developing and emerging market Read the full article…
According to Max Keiser the ‘Global Paradigm Shift is in full swing and a Global Currency Reset is near’. He expects a ‘return of the Gold Standard.’ Read full story, by clicking here.
Robert H. Wade, professor of political economy at the London School of Economics and Jakob Vestergaard, a senior researcher at the Danish Institute for International Studies, did call for a reset of the IMF in their op-ed early february 2014. Click here for the full story.
IMF’s Christine Lagarde calls for reset (7 times in 120 seconds) during a panel-discussion during the World Economic Forum (WEF) in Davos. ‘We see as necessary going forward a reset in the area of monetary policy’. Listen to the video here and here.
Willem Middelkoop is one of the winners of the current crisis. In 2007, the former photojournalist , entrepreneur, investor and stock market commentator wrote his first book with a sour view on the economy, If The Dollar Falls. It was followed by a book with tips on how to cope with the crisis, Survive The Read the full article…