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LinkedInJoseph comments on the growing tensions of what's going on with North Korea and lays out one possible analysis. Q.v. the following articles: Amid Pyongyang bluster, missile launch feared South Korea vows fast response to North; U.S. positions destroyer China's anger at North Korea overcomes worry over U.S. stealth flights Japan warns North Korea over provocations Australia to Bypass U.S. Dollar, Convert Directly into Chinese Yuan … [Read more...]
IMF: CHINA’S YUAN/REMINBI ON THE WAY TO BEING THE NEW RESERVE CURRENCY
February 7, 2013 By
Over the course of many blogs and News and Views from the NefariumsI have been urging that two countries to keep an eye on were Germany and China, not the least because of the close trading relationship between the two, and not least because of their respective geopolitical position. Similarly, I have urged that one keep a watchful eye on German-Russian developments, and on calls for replacements of the US dollar as a reserve currency by something else. Well, according to some, the something else may be on the way: RMB on way to becoming global reserve currency: IMF official Now while … [Read more...]
NEWS AND VIEWS FROM THE NEFARIUM OCT 25 2012
October 25, 2012 By
Joseph gives a brief update on George Ann Hughes' eye cataract and surgery situation, and then comments on two significant financial and geopolitical developments, one from China, and the other from Germany: Asian Economies Turn to Yuan It’s 10 P.M. In Frankfurt. Do You Know Where Your Gold Is? … [Read more...]
CHINA, RUSSIA, AND THE US DOLLAR
September 20, 2012 By
Well folks, what I and others have been warning about - the inevitable backlash from the rest of the world to US-led attempts by the West to create a "unipolar" world - have reached a new pitch it seems, and it is being noticed by others: China And Russia Are Ruthlessly Cutting The Legs Out From Under The U.S. Dollar What is notable here is something I have mentioned before: Germany, and the recent decision by both Germany and China to conduct their bilateral trade in euros and yuan, and to bypass the dollar completely. This accompanies growing concerns in Germany between members of … [Read more...]
STALIN: DEATH BY NATURAL CAUSES…OR BANKSTERS?
November 24, 2011 By
The twentieth century was the age of the Great Dictators, Mao, Mussolini, Hitler, and, of course, the Greatest of the Great Dictators, the ex-seminarian and Georgian, Iosif Vissarionovich Dzhugashvili, known to us all as Josef Stalin. As a former college professor of Russian History, I must admit my fascination in Stalin, a man whom one of my university-chosen Russian History textbooks rather stupidly and lamely characterized as "a great statesman"! Such is the moral morass of modern American "education"! There is a new theory, coming out of Russia and from circles in that country that … [Read more...]
NEWS AND VIEWS FROM THE NEFARIUM OCT 6, 2011 PT 2
October 6, 2011 By
You Tube did it to me again folks! Joseph continues his comments on Germany reintroducing the Deutschmark … [Read more...]