What is money? It’s a simple question with no simple answer. Most Americans assume money is the U.S. dollar, which they may hold in paper form or digitally in a bank account. For now, that’s true, although every paper currency in the history of the world has failed sooner or later. It was not long
Who are the “Five Eyes”? The Five Eyes are one of the most important and secretive intelligence agency collectives in the world. The Five Eyes are the intelligence services of the U.S., Canada, the U.K., Australia and New Zealand. Intelligence services hold their information closely and are reluctant to share it with other intelligence
The Chinese have a saying: “Kill a chicken to scare the monkeys.” The idea is that when you have powerful enemies, you can single out a weak player for severe public punishment. The enemies conclude that they could be the next one singled out and they decide to keep their activities at a low
In recent issues, we’ve pointed out that warnings of a financial meltdown are no longer confined to the fringes of economics, but are coming from elite economists such as Larry Summers, Nouriel Roubini and from institutions such as the BIS and major central banks. Now comes the most elite warning of all. This article reports that
