Talks between IMF officials and politicians broke down recently when it transpired that the latter wanted a ‘brown envelope’ in any aid deal. Don’t blame the politicians though.
Right now gold is seeing a strong bid the world over and Bitcoin is rising into the halving of its reward pool which occurs every four years.
Covid-19 may be the trigger, but it is the U.S. dollar that is the root problem, Alastair Crooke writes.
We have been a living example of what occurs when an enormous, volatile, and speculative mass of capital goes all over the world in search of high interest rates, tax havens, and supposed political and exchange stability.