Demise Of The Petrodollar Has The Potential To Reshape The Geopolitical World

New Eastern Outlook by James ONeill   In the early 1970s President Richard Nixon instigated two changes that had profound effects. The first of these was taking United States off the gold standard; i.e. henceforth US dollars would no longer be convertible to Gold. Ordinarily this might have been expected to have significant ramifications for…

Lies And Distractions Surrounding The Diminishing Petrodollar

Alt-Market by Brandon Smith   There are a few important rules you have to follow if you want to join the consortium of mainstream economic con-men/analysts. Take special note if you plan on becoming one of these very “special” people: 1) Never discuss the reality that government fiscal statistics are not the true picture of…

Cashless Society Alert: Visa Will Be Giving Up To $500,000 To Restaurants That Go ‘100% Cashless’

The Economic Collapse by Michael Snyder   The push toward a cashless society is becoming more of a shove.  Before today I had never heard of “The Visa Cashless Challenge”, but after reading about it I have to say that I am quite alarmed.  Visa is trying to “encourage” businesses to go cashless, and one…