The event (taking place slowly) will be when all the current moves away from the dollar reach a tipping point. When? Probably when the yuan is close to the euro and dollar in popularity.
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HSBC and Standard Chartered are offering discounted transac…
“2008 might be around the corner again.”
The Fed policies have huge effects overseas; When US prints, China has to print as well, otherwise they cannot keep the RMB low. So effectively Fed drives Asia inflation. Look at what is happening in small open economies without capital controls n…
- RobotTrader
As a small business refugee, who actually has to meet payroll – something all you speculators only read about and wager; the other ticking timebomb which nobody can disarm is all the uncertainty contained in Obamacare. HOW is this MONSTER g…
Initially, we will go into a deflationary spiral. Due to the debt binge the world has been on for the past 40 years, many many people are up to their bottom lip in debt. They have been able to stay afloat by living off of the succession of wind…
In USA, Banksters did it to the Country. Greece didn’t buy any subprime mortgages, no housing bubble just the Govt ( Public sector) over spent and voted themselves beyond their means for the last decade. At the same time Books were cooked. Tax ev…
The total wealth, if you measure it as GDP – the sum of all goods and services produced, is roughly the same, year after year. Then, if the wealth of some small group of people is growing faster then GDP grows – this growth can only happen …
This was at a Texas Tech Basketball game. The National Anthem is sung by five young ladies (ages 6-8). Have never heard it performed better than this! An entire arena remains completely silent throughout the song. You could hear a pin drop. Take a mome…
Gov’t has got way too big….every year the burden on the real economy becomes worse as the local, state and fed all spend way too much and now, just like all other bubbles, the gov’t spending bubble is popping.
The 2nd wave of the rece…
