Tuesday , 21 September 2021

Economy

Are You A “Social Democrat”? Here’s What The Term REALLY Means (+3K Views)

There are many different types of economies - communism, socialism, capitalism and democratic socialism. We tend to use the terms concretely, which necessarily introduces inaccuracies and, as such, they serve as excuses not to think and to hold economic beliefs that discourage explorations of the mismatch between theory and practice. Do you know exactly how they differ? Read on.

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Roach Predicts A 35% Drop In the USD

Stephen Roach, former Morgan Stanley Asia chairman, is sounding the alarm on the U.S. dollar predicting that the U.S. Dollar Index will drop by 35% and foresees legitimate challenges to the greenback’s status as the world’s dominant reserve currency. [Here are the reasons why.]

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