“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

Rethinking “safe” investments
Share this articlePart II of II by Claudio Grass, Hünenberg See, Switzerland For those of us who have studied history, these Ingenuous beliefs and expectations likely bring a smirk to our face. However, these are entirely reasonable assumptions for most citizens, as the majority of the population is blissfully unaware…

Predictions vs. Convictions
Share this articleSeparating the signal from the noise Most regular readers and friends will undoubtedly already know what my position is in regards to projections and forecasts. For many years, I have consistently maintained that any and all attempts to “time the market” are as useless as they are unrealistic and…
Switzerland Publicly Questions Fractional Reserve Banking System
Share this articleProduced and published by Global Gold. In this interview with mises.org, Claudio Grass helps explain the recent Swiss referendum to end the fractional reserve lending. The referendum known as the “Vollgeld Initiative” would require banks to hold 100% reserves against their deposits. In other words, commercial banks woud…

The death of the middle class is the death of civil society
Share this articlePart I of II by Claudio Grass, Hünenberg See, Switzerland The middle class in the West has been shrinking for years, but after the covid crisis and especially after the inflation explosion, whatever was left of it is now basically under threat of extinction. This has immense sociopolitical…