PATRICK LAWRENCE: Weaponizing the Dollar
The Trump administration’s incessant sanctions wars are curbing the dollar’s global hegemony and speeding the demise of U.S. empire. The signs are mounting steadily now. As the Trump administration weaponizes the dollar in defense of American hegemony, it…
China May Not Place Its Big Bets on America
Right now we should begin to worry about one of the following: 1. A flood of Chinese money is coming and Americans will react rather badly, as they did when big Japanese investments arrived in the U.S. 20 years ago. 2. A…
Developing Countries Plan to Challenge U.S. Dollar
New eras do not announce themselves with billboards or welcoming brochures. They arrive by way of many disparate events. Last week we witnessed one: the gathering in southern China of leaders from the world’s most dynamic emerging economies –the nations we now…
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