Category Archives: Currencies

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.

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.

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.

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

Genius Act: This New US Crypto Law Could Pave the Way for the Next Global Financial Crisis

On top of the leverage bombs in the US and other financial systems, the embrace of crypto, specifically stablecoins, is another systemic risk

Michael Hudson: The Collapse of America’s Economic Empire

Michael Hudson, expanding on his seminal work Super Imperialism, chroniciles the rise and in-process decline of US financial hegemony.

Michael Hudson: The U.S. Empire’s Plan for Global Domination

Michael Hudson: War on Iran is part of the US empire’s effort to re-impose its dominance on the global political and financial system

Downgrading Uncle Sam, Not America

An orthodox economist describes inconsistencies in rating agencies’ approach to downgrading US debt and their view of reserve currency status

Satyajit Das: A Fist Full of Dollars

Two recent books seem unduly complacent about the status of the dollar as reserve currency.

Michael Hudson: Trump’s Contradiction-Riddled Strategy to Preserve US Hegemony

Trump does have a plan to shore up America”s flagging power, even if, when you put the pieces together, it does not make much sense.

Anchored in Troubled Waters: Why European Union and Eurozone Membership Is Less Bad Than You Might Think

An analysis shows how the EU and Eurozone buffer some economic shocks.

Crypto Crooks Now Eating Their Own as Crypto Holders Targeted in Crime, Even Violent; Coinbase “Hack” an Inside Job, and Highly Damaging to Wallet-Holders

Crypto crirme, particularly violent ones like finger-choppings, are increasing. This should not be much of a surprise.

Complacency, Denialism and the Risk of an Economic Trumpocalypse

Why the downside to Trump economic policies are far greater than the press and pundit class are willing to acknowledge.

Satyajit Das: The Unravelling – Part 2: Contagion & Containment

Mapping the contagion fever chart of how a Trump financial meltdown might unfold.

Global South and Multilateral Financial Institutions: Where Does BRICS Stand?

Why BRICS has gotten barely anywhere on launching its own finanicial institutions and why that is unlikely to change soon if ever.