Tag: hyperinflation

Foreign Relations

The New Russian Empire

The last two years of Barack Obama’s presidency will see the rise of a new Russian empire. This new empire will resemble the Soviet Union in shape, the Czars in style. We looked at this subject over the summer (here and here). To summarize those blogs: The US-led coup of Ukraine convinced Putin to reassert …

Economy, Satire

The Other Shoe Drops

For months I’ve been echoing the warnings of Peter Schiff and others:  when China stops buying American debt, we’re in deep, deep trouble.  The possibility for hyperflation, prices rise by double-digits on daily or weekly measures, becomes palpably high. Even though this article from IHT failed to suprised me, I have a sick, frightened gnawing …