Economy

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.

Placing our faith in failed monetary policies of the past is the height of hubris and complacency. There is a cost to complacency and it's called collapse and, currently, there are 9 dynamics of decay currently in play around the globe.

The debt ceiling is of course a total farce. Why? Because it has been raised 95 times since 1940 and 14 times in this century. As a result, there is now a clear disconnect between the credit expansion and the lagging gold price which will soon be rectified as gold not only catches up with the debt expansion - but overtakes it.