International Credit System For Infrastructure & Development or Bust

New International Economic Order, American Credit System, Glass-Steagall, Stop WWIII

New International Credit System or Bust: Trump Should Initiate It

The trade and production impacts of the novel coronavirus epidemic in China hit a global economy which is already in a manufacturing, industry and trade recession, and is threatened at any moment with a blowout of unpayable corporate debt and derivatives contracts bringing down banking systems. In the fourth quarter, 40 central banks cut interest rates 71 times and increased their bond-buying schemes, in a desperate campaign to support stock and bond markets. The Federal Reserve cannot escape “quantitative easing” and daily huge liquidity injections into the interbank lending markets. This…READ MORE