Mexican-American-Canadian Trilateral Police State Begins Today

Written by Gary North on April 2, 2012

Today, President Obama, President Calderon, and Prime Minister Harper begin their meeting to create a three-nation police state. The North American Leaders Summit begins. Call this baby steps. We know where it’s headed. They have told us explicitly. We read this on the White House’s site. Pay attention to the words “citizen security.” On April […]

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Bailing Out of the Dollar

Written by Gary North on December 28, 2011

China and Japan have taken the first step in abandoning the dollar. I have been waiting for this for years. Now it has happened. Japan and China will promote direct trading of yen and yuan without using dollars and will encourage the development of a market for companies involved in the exchanges, the Japanese government […]

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China Moves Toward Recession, as Austrian Theory Predicts

Written by Gary North on November 23, 2011

The Austrian theory of the business cycle is clear: when a central bank inflates, it will produce a boom. When it slows the rate of monetary inflation, the result is economic recession. I have written about this here. China’s central bank has been the most inflationary of any industrial nation. Now it has slowed, because […]

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