https://www.zerohedge.com/markets/end-nearing-world-slowlyopenly-turning-away-usdollar
Showing posts with label world. Show all posts
Showing posts with label world. Show all posts
Saturday, August 27, 2022
Wednesday, December 8, 2021
Wednesday, July 4, 2018
Sunday, April 15, 2018
Wednesday, March 21, 2018
Monday, October 30, 2017
All of the World’s Money and Markets in One Visualization
One of the fundamental laws of economics is scarcity. If true, the price of silver is about to soar.
http://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/
http://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/
Labels:
markets,
money,
One Visualization,
world
Tuesday, October 17, 2017
Tuesday, September 19, 2017
Friday, September 8, 2017
Saturday, June 24, 2017
Thursday, June 15, 2017
Saturday, June 10, 2017
Paul Craig Roberts – This Will Complete The Economic Destruction Of America And The World
Clinton's repeal of Glass-Steagall has been catastrophic for the US economy and workers.
http://kingworldnews.com/paul-craig-roberts-this-will-complete-the-economic-destruction-of-america-and-the-world/
http://kingworldnews.com/paul-craig-roberts-this-will-complete-the-economic-destruction-of-america-and-the-world/
Labels:
America,
Complete,
economic destruction,
Glass-Steagall,
Paul Craig Roberts,
world
Thursday, March 30, 2017
Monday, February 20, 2017
The World Now Faces A Devastating Endgame And How “They All Sold At The Absolute Bottom”
If the smartest guys in the room (sovereign finance ministers, central bankers, and prime ministers) are so smart, why are their actions so stupid? Google Brown's bottom.
Even though the Swiss have a centuries-old tradition with gold, their finance ministers made untimely gold sales. And the staid Norwegian finance authorities are making mistakes in real-time. The Saudis? Their budget deficits are soaring, unleashing social unrest in the House of Saud.
Why is this important? Because it signals the end of the petrodollar, as the Saudis no longer receive payment in USDollars from China, Russia, Turkey and other oil customers. That eliminates the demand for USDollars in global trade, thus reducing the dollar's value.
Import prices will rise for ordinary Americans, as the purchasing power of the dollar decreases. Our standard of living will decline.
http://kingworldnews.com/the-world-now-faces-a-devastating-endgame-and-how-they-all-sold-at-the-absolute-bottom/
Even though the Swiss have a centuries-old tradition with gold, their finance ministers made untimely gold sales. And the staid Norwegian finance authorities are making mistakes in real-time. The Saudis? Their budget deficits are soaring, unleashing social unrest in the House of Saud.
Why is this important? Because it signals the end of the petrodollar, as the Saudis no longer receive payment in USDollars from China, Russia, Turkey and other oil customers. That eliminates the demand for USDollars in global trade, thus reducing the dollar's value.
Import prices will rise for ordinary Americans, as the purchasing power of the dollar decreases. Our standard of living will decline.
http://kingworldnews.com/the-world-now-faces-a-devastating-endgame-and-how-they-all-sold-at-the-absolute-bottom/
Labels:
Absolute Bottom,
Devastating Endgame,
Faces,
sold,
world
Wednesday, February 1, 2017
The US dollar is now overvalued against almost every currency in the world
I've been referencing the Big Mac Index for many years, mostly as a fun fact, but with high impact on citizens' standard of living. Today, it's as relevant as ever.
My interpretation of the data is slightly different. A high dollar cost could also indicate relative weakness of the local currency, and rising inflation. In other words, it takes more dollars to buy said Big Mac. But I do agree with the author's conclusion that the dollar is overvalued RELATIVE to other foreign currencies. In other words, ALL fiat currencies are destined to drop in value, some faster than others. That's why it requires more fiat currencies to buy tangible, real assets. It's called a currency war--a race to the bottom. It often leads to trade wars (see Trump's rhetoric) and military conflict.
https://www.sovereignman.com/trends/the-us-dollar-is-now-overvalued-against-almost-every-currency-in-the-world-20704/
My interpretation of the data is slightly different. A high dollar cost could also indicate relative weakness of the local currency, and rising inflation. In other words, it takes more dollars to buy said Big Mac. But I do agree with the author's conclusion that the dollar is overvalued RELATIVE to other foreign currencies. In other words, ALL fiat currencies are destined to drop in value, some faster than others. That's why it requires more fiat currencies to buy tangible, real assets. It's called a currency war--a race to the bottom. It often leads to trade wars (see Trump's rhetoric) and military conflict.
https://www.sovereignman.com/trends/the-us-dollar-is-now-overvalued-against-almost-every-currency-in-the-world-20704/
Labels:
currency,
overvalued,
US dollar,
world
Friday, December 9, 2016
Monday, October 17, 2016
This Is Going To Shock World Financial Markets
http://kingworldnews.com/this-will-shock-world-financial-markets/
I believe we will have unlimited money printing in the next few years which will lead to hyperinflation. Thereafter we are likely to see a deflationary implosion. But if I will be wrong and severe deflation comes first, the world financial system will not survive. In that case, gold will become the only money available and therefore extremely valuable. Thus, physical gold will be the best protection both against inflation and deflation.”
Labels:
financial markets,
Shock,
world
Wednesday, October 12, 2016
Tuesday, October 11, 2016
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