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China calls to replace the dollar...but with what?



China's central bank is suggesting that the US dollar be replaced as the international reserve currency. Is this a viable possibility? What would this mean for the U.S.A.? What currency would be considered for a new world economic order?

Zhou Xiaochuan, Governor of the People's Bank of China states in an essay posted earlier this week that "The outbreak of the [financial] crisis and its spillover to the entire world reflected the inherent vulnerabilities and systemic risks in the existing international monetary system." (Taiwan News Online, March 25, 2009)

Europe—Remember April 10, 1241



April 10, 1241 has haunted the European collective consciousness for centuries. World history would have been very different had the Tartars not abruptly halted their furious advance into the heart of Europe. Why did the Tartars stop? Why was Europe spared? Will a great eastern army again advance on European powers? Will Europe escape a second time?

Godless and confused?



Fundamental changes are on the horizon for Europe! Top European Union leaders have questions about the future of the continent—and they realize that difficult times are ahead.

A NOT so special relationship



Not since the days of the Suez Crisis of 1956 have the ties that bind the "special relationship" between the United States and Great Britain been so strained.  Why? The reason is simple.  There is a new man in the White House.

False alarm...or coming Great Depression?



On October 7, 2008, we warned "American capitalism has failed. What next?"  But in his March 24, 2009 news conference, President Obama stated, "We will recover from this recession."  Which is true?

Before we answer these questions, let us quickly recap what is indisputable.

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