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Brazil’s Luiz Inacio Lula da Silva has called on BRICS nations to create an alternative to replace the dollar in foreign trade. Other experts suggest President Joe Biden’s policies will destroy America’s middle class for good. The news comes when China and Russia strengthen ties with Brazil and Latin America. Brazil’s leader questioned the institution of the U.S. dollar as the world’s trade currency in the first place and asked why each country could not trade in its currency. This brings to the forefront the historical moment when the gold standard was abolished in favor of the current system. When President Richard Nixon moved to abolish the gold standard…

A genre the author refers to as “anti-predictions” may be found in his various works. They describe the most dismal developments in the hope that others who read them would approach the situation in a different way. In this vein, the author anxiously anticipates the key results of Yoon Suk-yeol’s visit to the United States. The crucial dates will be April 26-27, when Yoon will deliver a speech at a news conference or gala dinner, the substance and implications of which will almost certainly reshape the regional security architecture. If and when Yoon does…

Janet Yellen, the American Treasury Secretary, or Finance Minister, took the US hostility and threat against China to a new level in a speech on April 20 at Johns Hopkins University.  In a speech laced with colonialist attitudes and arrogance she talked as if the USA was emperor of the world and China was a rebellious vassal, a speech, despite her rhetoric of seeking ‘constructive” economic ties, that can only destroy any chance of that succeeding. To read her speech is to understand the mafia mind set of the American leadership for she spoke as if she were the lieutenant of a mafia don threatening to break someone’s legs for not obeying his criminal demands…