A subterranean but structural shift is taking place in the world of finance, a redefinition of the very scourge that is eroding the foundations of the global economy. What governments and central bankers call “temporary inflation” is in fact a “systemic cancer,” the direct result of decades of monetary corruption of real economic values. This …
Tag: financial system
China: The Strategic Moves, Trade and Sanctions It Prepares for Currency War Against the Dollar
Financial security has become an integral part of China’s national security strategy since the Asian financial crisis of 1997 – when the so-called Asian Tigers collapsed. Rising geopolitical tensions with the US and the West in general since 2018 and Western economic sanctions against Russia have further prompted Chinese policymakers to strengthen the economy’s financial …
Weak development and the Global financial system with multiple problems
After the great financial crisis of 2007 – 2008, regulatory authorities, worldwide, are engaged in continuous efforts to remove, in every way, financial risks. However, mistakes on their part are not lacking. A typical example is the crisis of regional banks in the USA, which was triggered by Silicon Valley Bank, which until that time …