The Huge US Bond Market and the US Dollar Blow Off the “Debasement Trade”
Why the dollar and Treasuries have rallied despite the Liberation Day swoon and “debasement trade” patter.
Read more...Category Archives: Currencies
Crypto Crash Leads to Customer Bail-Ins to Prevent Some Exchanges from Failing
Yet more reason to be leery of crypto: even when you have won on a leveraged bet, you can be haircut to help rescue the exchange.
Read more...Time Bomb: How Uninsured Stablecoins and Crypto Derivatives Threaten Financial and Economic Stability
Why stablecoins are another finanical train wreck in the making.
Read more...Europe Is Not a State; That Is Why It Is at War With Russia
The euro’s problem is that the European Union is not a state — and war is the fastest way to become one.
Read more...Satyajit Das: Stablecoins – Invention Looking For A Problem?
Satyajit Das sets forth the very strong case against stablecoin.
Read more...“BRICS Are the New Defenders of Free Trade, the WTO, the IMF and the World Bank” and Supporting Genocide by Continuing to Trade with Israel
Discussions of how BRICS is not living up to its lofty promises and is on the path to supporting neoliberalism and hegemony in new clothes
Read more...The Dollar: Ripples Presaging a Financial Tsunami
A detailed analysis of the poor prospects for dollar hegemony and the forces that could trigger a sharp unwind.
Read more...Michael Hudson: Who Writes the New Rules as Power Shifts Away from the US?
Michael Hudson discusses many of the responses to the US loss of economic dominance, from Europe’s self-immolation to China’s lending.
Read more...Michael Hudson: SCO and BRICS 2025
The SCO meeting looked to be a great success. But what can we expect in folllow through?
Read more...Tariffs and US Dollar Depreciations: Not So Surprising After All
How conventional thinking on how the dollar would respond to Trump tariffs missed a key factor: retaliation.
Read more...Trump’s Impact on the Financial Sector and Global Dollar System
A wide-ranging review of how unccordinated Trump policies undermine the dollar and the international banking system, and even each other.
Read more...The New Currency War: US Stablecoin-China Digital Yuan Rivalry as a Test of Monetary Discipline
How the US stablecoin/digital yuan arms race creates instability risks and undermines monetary sovereignity around the world.
Read more...What Is Happening to the Dollar as a Safe Haven?
Why the speed of the dollar’s demise seems to be a tad over-anticipated.
Read more...Former Ambassador M. K. Bhadrakumar Throws Cold Water on the Idea That India Is Keen About BRICS
Bhadrakumar explains why India does not think all that highly of BRICS.
Read more...Michael Hudson: Today’s Civilizational Conflict
A new article by Michael Hudson, an extract from an upcoming book, gives a long view of colonial exploitation and China as a counter-model
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