Debt Ceiling: China Calls for World to Be 'De-Americanised'

China’s official news agency has called for the creation of a “de-Americanised world”, saying the destinies of people should not be left in the hands of a hypocritical nation with a dysfunctional government. Heaping criticism and caustic ridicule on Washington, the Xinhua news agency called the US a civilian slayer, prisoner torturer and meddler in […]

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Interest Rate Observer's Grant: Central Bank Folly Will Lift Gold

“James Grant, editor of Grant’s Interest Rate Observer, expects gold prices to rise as a result of the flawed easing policies of central banks around the world. “Gold is the legacy monetary asset. It was there before they printed paper,” he told Yahoo. “The price is the reciprocal of the world’s faith in central bankers. […]

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Interest Rate Observer's Grant: Central Bank Folly Will Lift Gold

James Grant, editor of Grant’s Interest Rate Observer, expects gold prices to rise as a result of the flawed easing policies of central banks around the world. “Gold is the legacy monetary asset. It was there before they printed paper,” he told Yahoo. “The price is the reciprocal of the world’s faith in central bankers. The […]

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The Real Crisis Is Not The Government Shutdown — Paul Craig Roberts

“The real crisis is not the “debt ceiling crisis.” The government shutdown is merely a result of the Republicans using the debt limit ceiling to attempt to block the implementation of Obamacare. If the shutdown persists and becomes a problem, Obama has enough power under the various “war on terror” rulings to declare a national […]

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