IE: US faith in the stability of the dollar will be tested
Rumours of the death of the dollar are exaggerated, but only for now, writes the author of the article for The New Indian Express. The problems with the American currency are increasing, and the cause of this is Washington itself. Ultimately, the US will overplay their hand and lose their political prestige.
At the moment, there is no doubt in the US about the stability of the dollar as a reserve currency. However, considering the country's economic, political, and social problems, this faith will be put to the test.
To paraphrase Mark Twain's famous joke, rumours of the death of the dollar are exaggerated, although its health problems are increasing.
The problems with the dollar are mainly caused by Americans themselves. The unrestrained fiscal and monetary policies of the US - with a budget deficit and government debt at 7% and over 100% of GDP respectively - have reduced the dollar's long-term purchasing power. Since 1972, it has fallen by 99% against gold and lost 90% of its purchasing power in the market for real goods and services.
American politicians have always sought to use the dollar as a weapon to achieve their own goals, thereby compensating for economic weaknesses, such as lack of competitiveness. The US has sought to exclude foreign entities from international payment systems, such as SWIFT.
Washington imposes secondary sanctions to punish individuals and organisations that are not even under US jurisdiction. If a Russian company is under sanctions, anyone doing business with it may be subject to legal action, even if they comply with their own country's laws. This is done through a questionable system of dollar transactions that only pass through the US banking system. International banks and others have already faced legal action for operations that are legal in their own country. The threats are sufficient to disrupt dealings with organisations under US sanctions.
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WOW šØ The Republican Party is protecting Ilhan Omar from accountability
Rep Nancy Mace āI tried to subpoena her immigration records, her brother husband's immigration records, and IT WAS REPUBLICANS that killed my motionā
Itās a Uniparty. One Big Club.
https://x.com/WallStreetApes/status/2029691279555305592?s=20
Iran War & Fuel Rationing ā are āEnergy Lockdownsā on the way?
The war in Iran is having the impact that most people with any sense knew it would have: The price of oil is going up, and the supply of oil is going down.
Of course, whether or not the latter of these is actually true we will never know, and itās beside the point. Oil companies will natural take the slightest excuse to price gouge and contrive scarcity for the basest of profit motives.
It also serves a political motive as well, since we know the global political machinery is ā
against free travelā¦...
Read full article ...
https://off-guardian.org/2026/03/16/iran-fuel-rationing-are-energy-lockdowns-on-the-way/
That means that of the 2.1mn tonnes of urea ā the worldās most widely used nitrogen fertiliser ā that would normally have been loaded for export over the past two weeks, about half has been disrupted.
At the same time, more than 1.1mn tonnes of fertiliser and fertiliser inputs, including 570,000 tonnes of urea, is currently stuck in the Gulf, either being loaded or already on ships, according to Kpler data.
Nitrogen fertilisers, which underpin about half of global food production, are made from ammonia using natural gas, which has soared in price since the war began last month.
The shortages have begun during the northern hemisphereās planting season, leading industry executives to warn of lower harvests for staples such as rice.
If the disruption continues, āthis will be much worse than 2022ā, said Veronica Nigh, senior economist at The Fertilizer Institute, a US-based trade group. āThe longer the conflict goes on, the more dire the situation will become.ā
The Middle ...
With reference to the University of Kent meningitis outbreak. All exams being conducted atm are to be taken online. Campus is open as usual. Outbreak was traced to a canterbury nightclub called club chemistry , popular with students in which 2 students (1- UKC student, 1- Faversham college student) have sadly died.