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Peter Schiff says the U.S. dollar is about to free fall, insisting the only way to end America’s trade imbalance is to end its reserve currency status. The End of Reserve Currency Status? US Dollar Faces Terminal Decline as Imbalances Surge Economist and gold advocate Peter Schiff issued a sweeping critique of U.S. economic policy … Read more
Robert Kiyosaki ignites bullish momentum for bitcoin, declaring it the ultimate shield against looming market collapse, runaway inflation, and relentless fiat debasement by central banks. Kiyosaki Doubles Down on Bitcoin as Fed Prints Fake Money and Inflation Accelerates Robert Kiyosaki, author of the best-selling personal finance classic Rich Dad Poor Dad, has weighed in once … Read more
China’s central bank slashed key interest rates and injected $138.5 billion into its financial system to bolster an economy battered by U.S. trade tensions and domestic challenges. PBOC Unveils Sweeping Rate Cuts Reuters reported that the People’s Bank of China (PBOC) cut its seven-day reverse repurchase rate by 10 basis points to 1.4%, effective May … Read more
Global finance is entering a transformative phase as the U.S. dollar’s supremacy unravels, opening explosive opportunities for emerging currencies and signaling a seismic portfolio realignment. Devere CEO Warns: The US Dollar’s Era of Unquestioned Power Is Slipping Away Financial advisory firm Devere Group CEO Nigel Green cautioned on May 5 that global investors are dangerously … Read more
While President Trump stated that anything could happen with the U.S. economy given the current course of action, he clarified that he was not worried about a short-term recession. “I think we’re going to have the greatest economy in the history of our country,” he declared. President Trump Recognizes US Economy Is in a Transition … Read more
During Berkshire Hathaway’s 2025 annual shareholder meeting, Buffett criticized the Trump administration’s America First trade policies, suggesting that tariffs could be perceived as acts of war. He warned that continuing down this path could be dangerous in a world filled with nuclear weapons. Warren Buffett Directs Criticism at Trump’s Tariffs in a Nuclear World Warren … Read more
BRICS nations are turbocharging their break from Western-dominated finance, advancing local currency trade, cross-border payment systems, and groundbreaking investment platforms to empower the Global South. BRICS Ministers Push Local Currencies, Cross-Border Payment Plan, and New Investment Platforms Foreign ministers from the BRICS countries highlighted their commitment to shifting away from reliance on dominant global currencies … Read more
The ‘Common Cents’ Act, which has bipartisan support, seeks to end the production of the $0.01 coin, commonly known as the cent, as its production and distribution costs exceed its face value. Representatives Lisa McClain and Robert Garcia, along with Senators Cynthia Lummis and Kirsten Gillibrand, are behind this proposal. Common Cents Act Gets Introduced … Read more
Economist Nouriel Roubini presents an optimistic outlook for U.S. economic growth, forecasting a 4% annual rise by 2030. He believes that while trade restrictions could slow growth by 50 basis points, technological advancements could boost potential growth by 200 basis points. Roubini Says Trump Humbled by Financial Markets Economist Nouriel Roubini, long known for his … Read more
Sachs explained that the Trump administration’s emphasis on applying tariffs on rival governments would not impact the growth of China and Russia if international trade continues to follow WTO rules. Jeffrey Sachs Labels Tariffs as a Mistake, Disregards Effects in Global Trade The Trump administration’s tariff move and its subsequent effects on global trade continue … Read more
