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Banking and Monetary Policy
Global Debt is Now an Insane $164 Trillion, but Who Exactly Do We Owe?

Source: Waking Times April 19, 2018 Isaac Davis If you’ve ever wondered why the world seems hopelessly fraught with endless conflict, ruled corrupt states, and bent on developing a never-ending supply of advanced weaponry, you’d need to understand the nature of our debt based economy. The IMF has just reported …

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Banking and Monetary Policy
UPDATE – China to start paying yuan for oil

Source: The Corbett Report April 2, 2018 James Corbett No sooner had I penned my editorial on how “The Petroyuan Was Born This Week” than the next piece of the puzzle arrived: China is set to start buying oil directly with yuan this year. You may not know it, but …

Banking and Monetary Policy
The Petroyuan Was Born This Week. Here’s What It Means.

Source: The Corbett Report March 31, 2018 James Corbett It has been promised for 25 years. Its coming has been heralded as a world-changing event. It has launched a thousand headlines in the last few months. And it happened this week. But if you blinked you would have missed it. …