“Major-General Qiao Liang, the People’s Liberation Army strategist, in a speech to the Chinese Communist Party’s Central Committee (CCPCC) in April 2015 identified a cycle of dollar weakness against other currencies followed by strength, which first inflated debt in foreign countries and then bankrupted them. That then allowed US business interests to acquire assets at rock-bottom prices.”

Similar Posts

The real failure of “trickle down economics”
Share this articlePart II of II If this kind of theoretical reasoning seems too abstract, let us think about it more practically: Any public servant, any member of government, and even the leader of a nation, has very different motivations than any private sector decision-maker. Their financial compensation is a…

Brexit: A country divided
Share this articleOne of the most commonly cited arguments initially against Brexit, and now against a no-deal scenario, is the towering threat of businesses leaving the UK. A great many campaigners and leading figures of the Remain camp have warned voters time and time again of the dangers to British…

Is Trump Bad News For Gold After All?
Share this articleProduced and published by Global Gold. “Unexpected” is an understatement when describing the outcome of the US presidential elections. Trump’s win defied all odds, rattled markets and shook social media. Clinton had maintained a steady lead for months in almost every national poll and early voters’ count. The…

Gold for the people
Share this articleAt the end of September, a very interesting story made the rounds in the media and caught my attention. Apparently, the US big box giant Costco added one rather surprising product to its range and it proved immensely popular. Next to humongous multipacks of cereal, buckets of peanut butter, mattresses…