Jim Willie: ‘The new isolation has begun’

Isolation, by Mcemiaj / wikimedia *

Isolation, by Mcemiaj / wikimedia *

Those nations that depart from the entire USDollar system early will be the leading nations in the next chapter, with stronger foundations, richer solvency, emerging economies, healthier financial markets, efficient credit engines, growing wealth, stronger political helm activity, and better functioning systems generally. Jim Willie (emphasis added)

Continue reading

Illusion of Stable Currency Vortex

Federal Reserve Chairman Ben Bernanke

 “Chairman Bernanke admitted on stage before his peers, in full admiration of his failure and lost leadership, that the USFed has no more tools at its disposal, and that the USEconomy must recover on its own.”

“The US Federal Reserve is a failure, its franchise system a failure, its monetary policy a failure, its balance sheet a failure, its analysis chronically incorrect, its initiatives in backfire, its toolbag empty. Perhaps it is time for the USFed to resign its contract with the USCongress.”
Jim Willie CB

Continue reading