Deathblow to the Dollar

Lessons from 2015, for today:

 

(Gary Dorning/The Trumpet)

 

 

The world is entering a new economic era—one that won’t be defined by America.

This past March marked a radical turning point for the global economy, particularly the United States’ economic dominance.

China proposed the launch of the Asian Infrastructure Investment Bank (aiib)—a new, Chinese-run international bank specifically designed to challenge U.S. global economic leadership. America tried to convince other nations not to agree to join. But it failed—even with its closest allies.

For the U.S., it was an unmitigated disaster.

Is Europe on the verge of demographic collapse?

A spectre is haunting Europe – the spectre of demographic suicide. Although the consequences of such a turnout could not be more serious, the problem attracts little public attention – indeed, most people may not even be aware of it. And experts can neither explain the cause nor prescribe a reliable remedy. The story is outlined in Population and Public Policy: Essays in Honour of Paul Demeny, published by the New York-based Population Council (2013).