Tag Archives: dollar

China’s Insurmountable Global Weakness: Its Currency

Quick history quiz: in all of recorded history, how many superpowers pegged their currency to the currency of a rival superpower? Put another way: how many superpowers have made their own currency dependent on another superpower’s currency? Only one: China. China pegs … Continue reading

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How Greece Crisis Could Drag Oil Prices Down

The Greek tragedy is reaching its climax. The discussions between Greece and its European creditors broke down over the weekend, with the two sides still at an impasse. Greek Prime Minister Alexis Tsipras balked at deeper austerity cuts to the … Continue reading

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