US dollar dominance ‘idiotically’ outsized – economist Jim O’Neill

US dollar dominance ‘idiotically’ outsized – economist Jim O’Neill

 The status of the US dollar as the kingpin currency is pretty much overrated, as America’s share in the global economy has been dramatically falling since the Second World War, says prominent economist Jim O’Neill. “We live in this very peculiar situation where the role of the dollar in global finance is just idiotically more important than the US...
October 12, 2018 0 Comments
Disaster Is Inevitable When America's Stock Market Bubble Bursts

Disaster Is Inevitable When America's Stock Market Bubble Bursts

Despite the volatility and brief correction earlier this year, the U.S. stock market is back to making record highs in the past couple weeks. To many observers, this market now seems downright bulletproof as it keeps going higher and higher as it has for nearly a decade in direct defiance of the naysayers' warnings. Unfortunately, this unusual market strength is...
September 6, 2018 0 Comments
Turkey Financial Crisis Erupts, Stoking Concerns of Contagion

Turkey Financial Crisis Erupts, Stoking Concerns of Contagion

Turkey entered a full-blown financial meltdown on Friday, sending tremors through global markets, after President Recep Tayyip Erdogan declared his refusal to bow to U.S. political demands and market pressures.
August 13, 2018 0 Comments
Lord Rothschild: The New World Order Is At Risk

Lord Rothschild: The New World Order Is At Risk

Over the past three years, an unexpected voice of caution has emerged from one of the most legendary families in finance: Lord Jacob Rothschild. 
August 13, 2018 0 Comments

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