It may be a bit early to declare a full-fledged global currency crisis, but things moved decisively in that direction this week

via creditbubblebulletin: Weekly Commentary: World-Wide De-Risking/Deleveraging Despite close calls Saturday night and again on Thursday night, we at least made it through the week avoiding “the start of WW3.” I’m afraid the same cannot be said for the beginning of WW2D (World-Wide De-Risking/Deleveraging). Key speculative leverage epicenters were under notable pressure this week – global …

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China ready to Join Forces with Russia to Decisively Defend National Interests

Director of the Office of the Foreign Affairs Commission of the Communist Party of China’s Central Committee said China will “together with all like-minded partners further promote the development of the international order in the direction of equitable development” MOSCOW, February 21. /TASS/. The People’s Republic of China is ready to join forces with Russia …

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