by Francis Lee for the Saker Blog ‘’The years since the 1970s are unprecedented in terms of their volatility in the price of commodities, currencies, real estate, and stocks. There have been 4 waves of financial crises: a large number of banks in three, four or more countries collapsed at about the same time. Each wave was followed by a recession, and the economic slowdown which began in 2008 was
By Pepe Escobar and crossposted with Strategic Culture Foundation As much as Covid-19 is a circuit breaker, a time bomb and an actual weapon of mass destruction (WMD), a fierce debate is raging worldwide on the wisdom of mass quarantine applied to entire cities, states and nations. Those against it argue Planet Lockdown not only is not stopping the spread of Covid-19 but also has landed the global economy into
by ZenVortex It appears that Russia, probably in collaboration with China, is retaliating against sanctions and oil price manipulation by trying to disrupt the Anglo/Zionist money markets and crash the American stock market. If successful, the strategy will produce an economic decline in the USA and Europe similar to that which followed the collapse of the American housing market in 2008. Last week saw a major increase in volatility in
