Mark Carney talks about digital soverign currencies. But is he really describing nationalization? And if so, whither the commercial banks?
Read more...The article assesses the information as yet made available about Libra, including the implications for its exchangeability, scalability, privacy, and security. It is clear the design of the currency is yet to be finished, and many questions remain about its governance and structure.
Read more...Markets are in a tizzy over the US-China trade row. But what might come next?
Read more...How the US has used its economic muscle to defend its hegemony and the rest of the world is looking to claw power back.
Read more...Turns out Trump was not all wrong in saying the dollar was overpriced.
Read more...Michael Hudson on how the US was able to turn its change from creditor to debtor to its advantage.
Read more...Bill Black discusses Feacebook’s new proposed crypto-currency, called “Libra.” Facebook could use this technology to standardize identity and create a world of ultimate surveillance, and then profit from it.
Read more...Michael Hudson explains how the IMF and World Bank support US hegemony.
Read more...Like Icarus, the social media monopoly is flying too close to the sun and generating much regulatory heat, which could eventually lead to its downfall.
Read more...Trust issues with Facebook’s Libra for users, regulators, and technically. And is Facebook seeking to become a sovereign?
Read more...Italy is again threatening the Euro via a plan to introduce a parallel currency, the mini-BOT. Will this idea finally push the Eurozone to make overdue reforms?
Read more...Should we trust the recession warning the yield curve is sending?
Read more...How China is likely to view defying US sanctions on Iran.
Read more...Possible American and EU responses to multipolar politics.
Read more...This column evaluates the effectiveness of the use of IMF support and foreign reserves in globally driven crises
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