Greece just barred citizens from the landlocked country of Serbia following that state’s declaration of a state of emergency on July 3, 2020. The news comes on the heels of growing COVID-19 numbers in the Balkans, with Serbia currently registering 16,420 cases and 317 deaths. Ironically, Belgrade made the decision on the same day that…
Tag: brexit
Clashing Elites: Failure and Fortune Re-Imagined
The trillion dollar stimulus package that has primarily gone toward bailing out American industry, was financed by its major debt-buyers, like Japan, UK and China. The US is once again selling debt through the Federal Reserve to to stabilize the US economy, other Western nations will likely follow suit– just as bad debt was sold…
Germany Tasked With EU Recovery Woes
Germany is slated to take the helm of the European Union’s Presidency of the Council in July. Currently at a 62 percent GDP to debt ration it has been tasked to take the helm of the beleaguered Union struggling with debt ratios at or above 100 percent. Greece, has ballooned to nearly 200 percent, and…
Lead by Italy, Southern European States Strain EU Pact in Uncertain Times
When Italy agreed to 65 billion dollars in austerity measures prescribed by the European Union, the result had a crushing effect on the populace. It is largely believed that financial and economic indiscretions in Europe’s southern economies contributed had to the crises. As the EU’s third largest economy, Italy was among those foremost nations being…
Row Over ECO Currency Reveals External Controls
The latest developments coming out of Africa further solidifies the notion that the currency tides are turning. It was only a few decades ago that the U.S. Dollar and Oil/Dollar reigned supreme, despite its lack of actual intrinsic value. It is important to note, that in 1971 when former U.S. President Richard M. Nixon un-pegged…
NATO Defense Pledge May Tax Already Strained Western Budgets
While political pundits and news analysts were busy bandying about the rhetoric that NATO (North Atlantic Treaty Organization) leaders were making small talk of the current sitting US President, many did not note the outcomes of the two-day 2019 NATO Summit. The event ran from December 3rd to the 4th in London, with major pledges…
A Growing Threat: Economies of Power
Although China has grown immensely over the past 20 years, countless other economies have seen much advanced growth. India, the UAE and Vietnam are among them to name only a few. Many of these countries have extensive business interactions with the USA and other advanced economies. While the US has quite a large trade deficit…
The Recession the West Needs
By all indications, it looks as though the world is moving into another recession.
And that’s good. Yes, that’s fantastic for the Fractal Banking system. Especially for the world banking system and the dollar.
Brexit: Escaping the Post Colonial Immigration Boom and the Debt Albatross
As the UK and the EU continue to seek to hammer out a deal for Brexit, the world watches as the flagellation surrounding the move intensify. In a June 2016 vote, the UK determined it would leave the EU as saw that its contributions to the union far outstripped many other nations and the looming…
Giving Good: Solution-Based Giving in the Information Age
In 2017 Charity Navigator produced a report that indicated that giving was on the rise. Over 400 billion dollars were given to charity in that year alone. However, most people are unaware that most charitable donations in the US goes toward places of worship. While such giving is admirable, perhaps funds might be better spent…
Slow Death of Fiat Currency Fuels New Gold Rush
It was recently reported that Russia had heavily divested from American debt, with holdings falling by half in April 2018 according to data released by U.S. Treasury Department. The former Cold War Super Power is following suit with China and buying Gold. Readers will also note that China too has heavily divested from American debt…
UK Refocusing on Farming and Agriculture
While the push toward agricultural development in recent times has been thought to be the domain of developing economies, the United Kingdom has begun its own investment in the sector. According to a UK government press release in February, a £60 million grant scheme has been introduced to bolster and support dairy farming in the…
