Economy

I came to the conclusion several years ago that it was just a matter of time before the world realized that the relative functionality of the U.S. dollar was about to go belly up - to collapse. Below is an explanation as to why I have come to that conclusion and what I think it would mean for the well-being of the world.

The debate in Washington over when and how to increase the debt limit is less than 100% accurate. Here are some myths about the debt ceiling and the debate about raising it.

When the supply of something is increased sharply relative to demand, the value of that commodity will decline. If the supply continues to increase rapidly and indefinitely, then that item will become worth less and less, with the potential to finally become nearly worthless. This is the Developing Disaster facing the US Dollar and the world. This is the factor that could become the single most important criterion in investment allocation decisions and possibly even for individual financial survival.

Many believe that the American Dollar and the British Pound hold the highest monetary value among world currencies. While these are very strong and popular currencies, neither is the strongest in the world.

Economist Nouriel Roubini believes the world economy is lurching toward an unprecedented confluence of economic, financial, and debt crises, following the explosion of deficits, borrowing, and leverage in recent decades.

This article shows interest rate trends over the past 10 years, and the implications of increasingly hawkish monetary policy in today’s environment.

In May Sri Lanka defaulted on its debt for the first time and, while it not only impacts Sri Lanka’s economic future, it begs the question: which other countries are at risk of default. This article has the answers.

The seasonal trends of the U.S. dollar are probably important for you as an investor in stocks or bonds so let's take a look at the seasonal pattern of the U.S. Dollar Index and find out why it typically decline at the end of the year.

The map below, based on data from the Real Estate Bubble Index by UBS, examines 25 global cities, scoring them based on their bubble risk. Do you live in one of the cities highlighted?

UBS published its 2022 Global Real Estate Bubble Index this week, and Toronto took the top spot. Vancouver remains at #6 and Miami is the top American city at #10.