Daily Archives: April 10, 2022


The Dollar Devours the Euro

Michael Hudson has the post The Dollar Devours the Euro.

It is now clear that today’s escalation of the New Cold War was planned over a year ago. America’s plan to block Nord Stream 2 was really part of its strategy to block Western Europe (“NATO”) from seeking prosperity by mutual trade and investment with China and Russia.

This sounds dire. I have built up a lot of trust in Michael Hudson, but not quite enough to put my investment money where his predictions are. Actually, I suppose I do have some hedge investments that should serve me in case these predictions come true.