Richard Duncan, author of The Dollar Crisis and The New Depression: The Breakdown Of The Paper Money Economy, isn’t mincing words about the risks he sees ahead for the world economy.
Essentially, he sees the past 50 years of economic prosperity fueled by globalization and easy credit in serious danger of being unwound, as the doomed monetary policies currently being pursued by the word’s central banks result in a massive multi-decade depression that spans the globe. Continue reading
A partial unification of Asia begins, under the Chinese umbrella.
KUNMING – China is looking to revive the ancient “Southern Silk Road” linking its southwestern regions with Southeast and South Asia, as it aims to boost cooperation with countries along the once-booming trade route.
China has had trade, religious and cultural exchanges with South Asian countries by way of the “Southern Silk Road” since ancient times, Dilip Barua, Minister for Industries of Bangladesh, said at the ongoing 8th China-South Asia Business Forum in Kunming, capital of southwest China’s Yunnan province.
With a history of more than 2,000 years, the ancient trade route, stretching over 2,000 kilometers long, was dubbed the “Southern Silk Road” by historians. Continue reading
Global Geopolitics 