In August the Obama administration borrowed a record $151 billion for a single month, setting for the course for 2016 to see an increase in the national debt of $1.36 trillion. In fact, America’s debt […]
For the past 43 years the world has had to use the dollar as the primary medium of exchange when conducting international trade. In fact, this ability to control the global reserve currency has been […]
Ever since 2009 when Bitcoin came onto the scene, many have speculated as to who was the brains behind the persona known as Satoshi Nakamoto. And on May 2, we finally have that answer as after […]
Over the past two weeks we have seen the U.S. 10 year treasury roller coaster from a level of 2.2% on Aug. 17, to a low of 1.95 a week later. Yet since that time […]
On Aug. 19, the IMF announced that they were delaying the decision to include the Chinese Yuan (RMB) into the SDR basket of currencies for at least one year, or until Sep. 30, 2016. The […]
The currency war in the global financial system has been going on at varying strengths since 2009, and in full gear since 2013 thanks to Japan and Abenomics. However, with the world’s most important industrial […]
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