Archive for the 'War' Category

About the effect of war on capital markets …

Bush’s Folly, Obama’s Coup de Grâce, Osama’s Victory

The value of the US dollar, along with the value of other currencies, has been declining for over 75 years, since Franklin Delano Roosevelt suspended conversion of US Treasury Bills into gold. The US trade deficit has been building steadily since 1971, when President Nixon cut the final ties to gold. However, the decline of the US […]

Probability of war between Israel and Iran in 2010

The Obama administration has virtually assured the Iranians that they can develop a nuclear bomb and that the US and the rest of the world will do nothing about it. Mahmoud Ahmadinejad, the President of the Islamic Republic of Iran, vilified Israel before the United Nations on September 23, 2020, claiming that the Holocaust was the […]

Barack Obama: The last US president and the end of the dollar?

Professor Igor Panarin of the Russia Diplomatic Academy in Moscow, has predicted for a decade that the United States is facing a crisis of moral and financial instability that will lead to civil war and a break up of the nation into six pieces by 2010. […]

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