Since the start of November the single currency has tumbled by around five per cent against the dollar, to sit at around 1.0584. The two currencies are set to reach parity and the euro could even dip below one. Mr Draghi's comments were seen as a hint that the ECB is set to extend its trillion euro money-printing programme in another desperate bid to shore up the economy.

But the US central bank - the Federal Reserve - is moving in the opposite direction and is expected to raise interest rates next month. As a result, the dollar has experienced a huge rally. Fawad Razaqzada, market analyst at Forex.com, said: "The EUR/USD is still limping, now below 1.06. It could absolutely collapse next week as the dollar appreciates further."

Critics note, however, that the fact checking from these organizations has been been just as highly biased against Donald Trump and in Hillary’s favor as the corporate media coverage. The announcement of the Trump University Settlement is just the latest example. Several liberal news outlets and journalists are claiming the settlement means that Donald Trump is admitting to having committed wide spread fraud.

As a professional that works with class action lawsuits daily most settlement agreements are done because the cost of the defended litigating them would be more than just settling and they typically come with provision the defended is not required to admit any wrong doing. In fact, the Trump University settlement has the same provision namely Donald Trump is not admitting to any wrong doing by settling the case. So why are liberal media outlets spreading fake news? Why are there editorial staffs doing nothing to prevent the spread of this fake news?

We all know that corporate media outlets are biased. Instead, since Twitter, Google and Facebook are so intent on cracking down on this fake news, I will take up Facebook CEO Mark Zuckerberg’s suggestion and rely on a “legitimate fact checking organization” to find out the truth about these claims. Looking at Snopes, in typical fashion when the left is lying about something they don’t fact check it. Instead, they write an article about it and don’t fact check the lies being told by the left. The articles they write also tend to include accusations made by the leftist media and exclude exonerating points.

For example, the biggest lie being propagated by the corporate media is, as echoed by NBC Legal Analyst Lisa Bloom, the settlement is an admission of widespread fraud by Donald Trump. So Snopes… Why no fact check here?

His comments, part of a speech to the Catholic institute of Paris, also took aim at Christian and Hindu spiritual leaders, calling on them to do more to stop violence perpetrated in the name of faith. He said: “In order to understand, religious people in Europe must regain the ability to share our religious vocabulary with the rest of the continent. If we treat religiously-motivated violence solely as a security issue, or a political issue, then it will be incredibly difficult – probably impossible – to overcome it.

“A theological voice needs to be part of the response, and we should not be bashful in offering that.” He added: “This requires a move away from the argument that has become increasingly popular, which is to say that Isis is ‘nothing to do with Islam’, or that Christian militia in the Central African Republic are nothing to do with Christianity, or Hindu nationalist persecution of Christians in South India is nothing to do with Hinduism.”

“Until religious leaders stand up and take responsibility for the actions of those who do things in the name of their religion, we will see no resolution.”

As you will see, the next two months are an absolutely critical time, and if we can get through January 20th without something major happening perhaps we can breathe a little bit easier (at least for a while).  On the other hand, the events of the next two months could easily plunge this country into a period of unprecedented chaos.  A lot of people are feeling really good about things right now because of Trump’s victory, but now is definitely not a time to relax and let down our guard.

And the truth is that Donald Trump has not even won the presidency yet.  As I detailed shortly before election night, the next president will not be determined until December 19th when the Electoral College meets. On Monday, December 19th the members of the Electoral College will gather in all 50 state capitals to cast their votes for president.  It is then, and only then, that the next president of the United States will be elected.

When politicians are going to do something that they know people won’t like, they tend to try to sneak it through around the holidays when a lot of people aren’t paying attention.  For example, yesterday I discussed how the legislation that created the Federal Reserve was rushed through Congress right before Christmas in 1913. So keep an eye on the period around Thanksgiving and the period around Christmas.  If Barack Obama is going to stab Israel in the back, it may happen during one of those times.

With over 90% of all transactions done in cash, money flows in and out of the black-and-white system… until now, as Devangshu Datta exclaims, "The system works because everybody believes that those pieces of paper will be accepted by everybody else… This move has shaken that trust."

Farmers have been left stranded as traders have no cash to pay for their produce, while millions of Indians lined up outside banks and post offices for the ninth day to exchange old banknotes or withdraw rationed money from their accounts.

Many of India's 260 million farmers have no bank accounts and depend on local money lenders to fund sowing, which means those that have to borrow to sow winter crops like wheat or rapeseed could face debt trouble without a good harvest.

A final philosophical point. Our entire monetary system depends on trust. A banknote is a piece of paper that says the RBI will give the bearer another similar piece of paper, or make an entry in an electronic ledger for that amount. The system works because everybody believes that those pieces of paper will be accepted by everybody else and therefore, money serves as an useful medium of exchange. This move has shaken that trust.

And it comes with a scorched-earth kicker: If the law is used to strike down a rule, the federal agency that issued it is barred from enacting similar regulation again in the future.

The obscure law — called the Congressional Review Act — was passed 20 years ago at the behest of Newt Gingrich, then the House speaker and now a member of Mr Trump’s transition team. It gives Congress 60 legislative days to review and override major regulations enacted by federal agencies. In the Senate, the vote would not be subject to filibuster.

The president can veto the rejection, which usually renders the law toothless. But when one party controls both the White House and Congress, it can be a powerful legislative weapon.

For the first time in history, the Internet played a vital role in electing the President of the United States. Alternative websites reported the truth about Donald Trump, while being fair and balanced. At the same time, the truth about Hillary Clinton was also reported. Alternative media could not help what that truth was, as we learned that Hillary Clinton had mainstream media in her pocket. While MSM did not give Trump a fair chance, they provided Hillary Clinton with debate questions beforehand. We know now the Presidential Debates were rigged for Hillary Clinton!

While Hillary lied to the American people MSM protected her. Then in walked WIKILEAKS and Julian Assange. The American people had a direct line to the inner workings of the Clinton Camp, and what we saw were lies upon lies. Criminalities were revealed that chilled us to the bone, and we were certain Donald Trump was the only chance we had if we wanted to save our Country.

Thus, Alternative Media worked diligently to report the facts that MSM chose to hide, because they actually worked for Hillary Clinton behind closed doors. So it is no wonder Obama wants to destroy all those online sites that exposed him, Clinton, and his Administration to the world.

An immensely powerful central bank known as the Federal Reserve was created, and the goal was to transform the US dollar into a debt-based currency that would continuously be inflated and to create an endless debt spiral from which the federal government could never possibly escape.

Sadly, they were successful on both counts. Since the creation of the Federal Reserve, the value of the US dollar has declined by approximately 98 percent and our national debt has gotten more than 5,000 times larger.

Americans tend to give most of the credit or most of the blame for the performance of the US economy to our presidents, but the truth is that an unelected, unaccountable group of central bankers has far more power over our economy than anyone else does. The Federal Reserve has become known as “the fourth branch of government“, but unlike the other branches of government, we are told that the Fed’s decisions are “above politics” because they are “too important”. Fed officials fiercely guard their “independence”, and they fiercely resist any “interference” from Congress, the President, or the American people.

Donald Trump can try to lower taxes and reduce regulations, but what he will be able to do to influence the economy pales in comparison to the immensely powerful tools that the Fed wields. The Fed controls interest rates, the Fed controls the money supply, and the Fed regulates the banks.

Since the Federal Reserve was created in 1913, there have been 18 distinct recessions or depressions: 1918, 1920, 1923, 1926, 1929, 1937, 1945, 1949, 1953, 1958, 1960, 1969, 1973, 1980, 1981, 1990, 2001, 2008.

Considering their track record, isn’t it time for a change? It has been said that the borrower is the servant of the lender, and the Federal Reserve system has turned all of us into debt slaves.

And we don’t have to have a debt-based currency. In fact, not too long ago we had a president that decided to start issuing debt-free “United States Notes”. Back in 1963, President John F Kennedy issued Executive Order 11110 which authorized the US Treasury to issue debt-free “United States Notes” which were directly created by the US government. He was assassinated shortly thereafter.

Debt is a form of social control, and the global elite use all of this debt to dominate the planet.  The total amount of debt in the world just hit a brand new record high of 152 trillion dollars, and the longer we allow the central banks to control the system the bigger this debt bubble will become.

There is a way out, and here in the United States that starts with shutting down the Federal Reserve and issuing debt-free currency.  It would take someone very bold to make a move like this, and so let us hope that the man that we just elected is up to the task.

“On top of that, even if Mr Trump’s administration does not buy wholesale into the neo-isolationist ideology he espoused during the election campaign, it won’t simply champion the cause of the globalists. As a result, the European integration project will be deprived of its most powerful intellectual and political advocate. This should add to investor uncertainty as far as the euro’s future is concerned.”

Dr Polleit said: “Mr Trump’s presidency could actually test the single currency to the breaking point. A really plausible scenario is that sooner or later the ECB, desperately trying to prevent the euro debt pyramid from collapsing, pursues a policy of high inflation before the euro eventually falls apart.”

Following Britain’s momentous decision to turn its back on Brussels, Dr Polleit warned this could be the final blow for the crumbling bloc. Writing for Mises Institute, he said: “The United Kingdom’s decision in June to do the ‘Brexit’ has already dealt a heavy blow to peoples’ confidence in the EU being an economically and politically desirable institution.”

“The chances of the project stalling are now even greater, and the ties that bind the union together may even unravel. All this raises the question as to the single currency’s raison d'être. Doubts about its viability will exacerbate the economic misery especially of weak euro member states. Investment in these countries will slow down, further suppressing production and employment.”

“What is more, many eurozone banks engage in cross-border lending, and they will of course suffer if the euro’s very existence is called into question."

Those protesting the prospect of “fascism” might want to pay attention to this story. The US Secretary of State John Kerry says he will continue his efforts to implement the Paris Agreement on global warming, until the day President Barack Obama leaves office.

John Kerry is giving a major speech this week at the climate conference in Morocco where he’ll likely double down on America’s commitment to the treaty. Imagine a global tax on the air we breathe imposed without a democratic process. Sounds like fascism to me.

The EU will establish a logistic hub and explore the creation of a European Medical Command. They planned the setting up of a nucleus for an EU civilian-military headquarters that, according to Italy's foreign minister, could grow to become a European general staff. These structures could serve NATO, but in the end, are suitable for an EU army.

Berlin's attempt to pit the EU against the USA, by ostentatiously taking a distance to President-Elect Trump, has encountered opposition from the UK and several eastern EU countries. Leading European foreign policy makers called the EU a "superpower" expected to be a "global security provider."

When Obama departs Europe on Friday for Peru, he will leave behind a European Union worried about its present and uncertain about its future. Germany, as the European Union's largest political and economic player, has particular reasons to be concerned about the new phase of world politics that will start in January.

During his election campaign, President-elect Donald Trump said he would seek to renegotiate the United States' most important trade deals and protect its economy from foreign competition. He also said he would seek to improve ties with Russia and suggested that the United States might not defend NATO allies that failed to meet the alliance's military spending targets.

Despite those comments, there is still significant uncertainty about what the changes in White House foreign policy will look like in practice. As a result, most European governments have chosen to wait for clearer signals from the next US administration about its foreign policy priorities before adapting their strategies to the new global order.

There have even been shootings at anti-Trump rallies in Seattle and in Portland. Hundreds of protesters have been arrested so far, and organizers are promising that this is only just the beginning. Meanwhile, large numbers of enraged leftists are physically threatening Trump on Twitter, and some are even calling for a violent revolution. Sadly, I believe that they are quite serious about this.

Of course other leftists are seeking less violent ways to oppose Trump. There is a major push to use the electoral college to block a Trump presidency, if that fails there are many hoping to immediately impeach Trump once he takes office, and other activists such as former Labor Secretary Robert Reich are calling for a new third party if their planned post-election takeover of the Democratic Party is not successful.

But for many on the radical left the time for patience is over. The “Not My President” movement is taking off like a rocket, and one survey found that only 58 percent of all Clinton supporters consider Trump’s victory to be legitimate. A protest near Trump Tower in New York City on Saturday drew approximately 25,000 people, and USA Today reported that the anti-Trump protest in Portland, Oregon on Saturday night rapidly “devolved into a riot”.

It is becoming clear that these protests are not going away any time soon, and some are even beginning to refer to this movement as “the Purple Revolution”…

Many patriots, conservatives and Christians were hoping that Donald Trump could bring America together and lead us into a new era of peace and prosperity, but the radical left already hates Trump more than any president that has ever come before him. It isn’t going to take much to push the radical left over the edge, and if that happens we could see endless chaos, violence and civil unrest for the next four years.