Archive for Treasury
“Economic Armageddon”: Washington’s Response to a Failed Ecomomy: More War
As the second decade of the 21st century began, the US economy had not recovered from the Great Recession that began in December 2007.
The economy’s »»
China: Rumors of the Central Bank Chief’s Defection
Rumors have circulated in China that People’s Bank of China (PBC) Gov. Zhou Xiaochuan may have left the country. The rumors appear to have started »»
China Buys Euros as Fear of World Depression Grows
The US Treasury has just announced that China’s official holdings of U.S. Treasury securities declined by about $30 billion between April and May of this »»
The Federal Reserve is Engineering the Economic Collapse
To most Americans, the Federal Reserve is just another name on their dollar bill. They don’t know that this secretive private bank controls America’s entire »»
Geithner to meet top Chinese leaders
US Treasury Secretary Timothy Geithner will meet with President Hu Jintao to discuss expansion of ties and current economic turmoil during his trip to Beijing »»
Dollar stops being Russia’s basic reserve currency
The US dollar is not Russia’s basic reserve currency anymore. The euro-based share of reserve assets of Russia’s Central Bank increased to the level of »»
‘China cancels America’s credit card’
China, wary of the troubled US economy, has ‘canceled America’s credit card’ by cutting down purchases of debt, a US congressman says.
China has »»
Celente: “America lives in a fascist state”
The merger of corporate and government powers in modern America is plain and simple fascism, believes Gerald Celente, the founder of the Trends Research Institute »»
Geithner says need private-sector help: report
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Sunday that help from the private sector was critical to get toxic assets »»
