Barely a day goes by without a headline about the Chinese yuan gaining further traction in global trade. As de-dollarization gains steam, the currency of the world’s second largest economy has been thrust into the spotlight. The dollar paradigm assumes any serious currency must be supported by a framework of …
Read More »Amazon and the Lion – Buying MGM is another shrewd move in Amazon’s quest to dethrone Netflix from streaming dominance
In its quest to be a top-tier player in the home video streaming wars, Amazon has made some big moves, such as committing upwards of $1 billion for the TV rights to The Lord of the Rings. But that’s pennies compared to Amazon’s recent acquisition. The retail giant has just …
Read More »China’s century: Yuan to dethrone US dollar as major global currency, trend forecaster tells Max Keiser
Joining Max Keiser in the latest episode of RT’s Keiser Report, Celente said that China is the top trend of this year. It is also projected to dominate the whole 21st century, like the US did after World War II, and is on path to replace America, according to the …
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