TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
Countries that don’t eagerly follow the U.S.-led global order make prime targets for American-led invasions, particularly when those countries challenge the status of the U.S. dollar. Right now, Venezuela is one of these countries. Venezuela sits on the world’s largest oil reserves, and in order to free itself from what it calls the “tyranny of the U.S. dollar” Read More…
I’ve seen some bad ideas in my day, but this has to take the cake. Venezuela has issued a new cryptocurrency called ‘Petro,’ backed by the country’s oil reserves – it has plenty of them. It also aims to create an additional coin named ‘Oro,’ backed by gold. The idea, in and of itself, isn’t bad Read More…
A perfectly predictable thing happened when the Great Oil Price Plunge of 2014 pulled the rug out from Venezuela’s oilconomy: Foreign creditors stopped lending to Venezuela, the debt-saddled government devalued the currency to cover budget deficits, inflation spiraled out of control (entering a death spiral last November), and, perhaps inevitably, the government defaulted on some of its $US bonds. (And all this amidst devastating Read More…
Pakistan is the latest country to jump on the anti-U.S. dollar bandwagon, Reuters reports. Pakistan is considering a proposal to replace the U.S. dollar with the Chinese yuan for bilateral trade between Pakistan and China. Between 2015 and 2016, bilateral trade between the two countries totaled $13.8 billion. According to Reuters, Pakistan’s Interior Minister, Ahsan Iqbal, Read More…
U.S. officials seem to be pretty much unanimous on the need to meddle in Venezuela’s seemingly endless government crises. Yet a very core difference in how to approach this is leading to considerable dispute over the State Department’s latest program. State is paying some $900,000 to the Atlantic Council to “promote non-violent conflict resolution” in Read More…
https://media.blubrry.com/last_american_vagabond/content.blubrry.com/last_american_vagabond/Eva_Bartlett_Interview-Gaza_Syria_and_North_Korea_The_Truth_Behind_The_Lies_.mp3Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Email | RSSIn a time of universal deceit, telling the Truth Is truly a revolutionary act, and that has never been more apparent than in today’s hyper-partisan climate, where facts no longer hold sway, and one’s opinion is now only as strong as Read More…