Why Dollar Hegemony May Be Nearing Its End!
Play • 57 min
Michael Allen appears for the first time. Michael Oliver & William Engdahl return.  China, Russia, India and other “rogue” nations are rising economics powers. David Stockman visits Feb. 20 to tell us why the U.S. economy is in deep trouble thanks to its massive indebtedness. Meantime massive global infrastructure is being built to connect populous Asian nations with countries rich in natural resources even as China and other powers decrease their purchases of U.S. debt and reduce trade with the U.S. At no time since 1971 when the petrodollar arrangement replaced a gold-backed dollar has the U.S. dollar been so vulnerable to losing its world currency status. Engdahl will discuss the rising economic status of those major nations and why they are now a threat to the U.S. dollar. Oliver will shares his latest on gold and other key markets and Michael Allen will tell us about an emerging high-grade gold deposit in Nevada that is drawing a great deal of excitement from the market.
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