Economy

The Great Depression was the most severe economic depression ever experienced by the Western world and it was during this troubled time that the world’s most famous case of deflation also happened.

People riding a runaway train can party and remain oblivious to the fact that the train is about to crash into a huge obstacle. Our runaway financial train is about to destroy the status quo as it crashes into the obstacle of mathematical consequences – the inevitable financial train wreck. “If something cannot go on forever, it will stop.” [Let me explain.] Words: 974

The onset of the world’s worst financial crisis in many decades is one of the most important factors (if not the most important factor) currently influencing investment decisions. The crisis has created chaos and confusion. Not many people understand how the world has arrived at this unfortunate situation. This report endeavours to identify the underlying causes of the crisis and explains why the USA current account deficit has been the main destabilising force in world finance. Words: 3806

The U.S. Dollar's status as a reserve currency seems to be a perennial concern for many people these days. I think this concern is often dramatically overstated. Here's why.

I think the Federal Reserve is just getting started and...will go to extreme lengths to prevent deflation and, unless it acts drastically, that’s what we’re going to get.

This infographic illustrates and explains the 10 most relevant principles of economics that you should know about. Take a look - it will be worth your time.

Swings in the US dollar have no long-term impact in the price of gold and gold isn't an inflation hedge either so what is it then? Read on!

There are now countless warning signs all around us on a daily basis that the U.S. is headed for a complete societal collapse. Words: 573

It’s common for the world’s most powerful country to issue a currency that becomes adopted around the world as the standard for international trade but whenever that country reaches a point of epic, terminal decline, and especially when it rapidly debases its currency, the rest of the world seeks an alternative. This article outlines the history of the rise & fall of "world" currencies over the centuries and then comments on what the future likely holds for today's "world" currency - the U.S. dollar.

The Great Financial Crisis of 2007-9 is now transcending into the Great Financial Catastrophe which could very well involve a total reset - or more likely a collapse - of the world economy, financial system and world political system. Here's why.