The Unsustainable $40 Trillion National Debt

President Donald Trump is attacking the US media for reporting that the US military is concerned about the depletion of resources during the war against Iran.  “The people and Media Outlets that keep harping on the fact that we have no ammunition (And they are 100% wrong!), are actually treasonous,” he wrote on Truth Social […]

Hong Kong And The Quiet Rewiring Of The Dollar System Authored by Peter C. Earle, Ph.D, Hong Kong’s decision to move forward with its first stablecoin issuer licenses may prove to be about far more than digital payments. With HSBC and a Standard Chartered-led venture among the first approved issuers under the Hong Kong Monetary Authority’s new framework, the city is placing major regulated banks at the center of the next phase of monetary technology. Stablecoins remain overwhelmingly USD- and US Treasury-denominated, with more than 90 percent of the market’s roughly...