Dollar Hegemony has Failed

The Anglo-American model of capitalism is almost dead. We knew it would die eventually but the question was always when.
Those of you who know me have had to listen to my mini-rants about how the US Dollar dominated monetary system is fatally flawed for some time now. Many of you probably thought my brain had [...]

The sky isn’t falling and the Russians aren’t coming.

Seems that the Russians have learned that it’s not just how loud of a statement one makes but how well that statement is understood by others that counts.
I have been very encouraged by the last week. Both Putin and Medvedev are saying all the right things. Most importantly, the Russian authorities have been framing statements [...]

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