Monetary Easing And The Free Lunch Bubble
After the fallout of the Sub Prime Mortgage crisis back in 2008, The US Federal Government together with the Federal Reserve were faced with an unprecedented financial challenge that threatened to annihilate the very base of the so-called fundamentally strong US economy. Jolted by the fall of Lehman Brothers, the country was staring at an imminent recession that would have ripple effects across its borders and would lead to a domino effect in the months to come.Bitcoins – Global Impact of Virtual Currencies
Bitcoin is a payment system invented by Satoshi Nakamoto who released it in 2009 as an open-source software. Claims to the identity of Nakamoto have never been verified, but the Bitcoin has progressed from obscurity to the largest of its kind, a digital asset now being called the ‘cryptocurrency’. The most significant characteristic of Bitcoin is that unlike conventional and traditional printed currency, it is an electronic payment system that is based on mathematical proof.A Currency Crisis Called Brexit
Call it a black Friday or what you will, the events that unfolded on the 24th of June 2016 would remain an enigma in the minds of the millions who voted and those across the Globe who watched in awe as history was rewritten 43 years after Britain was officially signed in as a part of the Eurozone. Almost immediately after the landmark outcome of the referendum came to light, markets around the globe reacted wildly even as the Pound Sterling suffered its biggest single day fall ever.The End Of Globalization
Ever since the end of World War II, the political powers and the financial elites have purposely steered the world to accept Globalization as the rule of thumb for all economic markets. It worked for a period of about 25 years following the war. The Marshal Plan, General Mac Arthur’s rebuilding of Japan and the great renaissance of manufacturing in the United States fueled the growing economies of countries all over the world.Is the World Economy Really In Trouble?
The global economy is on the edge for another recession. However, important people make it answerable to the psychological problem of the people.How Is the Value of a Currency Determined?
This article basically educates you about how the value of currency is determined and what all are the factors that basically plays a vital role in this. This whole process is explained by taking an example of INR and USD comparison.A Place Known As Shangri-La
Shangri-La, you know that place far off in the distance where luxury and ambiance abound. Where the cares of the world are all in a world far, far away. Where one feels that tranquil harmony with nature.China’s Move for Control
China is using the 1982 United Nations Convention on the Law of the Sea to build upon the Spratly islands increasing their influence and control in the South China Sea. Control that China wishes to extend to the shipping lanes traveling through the South China Sea. These shipping lanes carry over 50% of all commercial goods in the world.Black People Are In A State Of Economic Emergency!
The National Urban League 40 years ago released the first edition of its State of Black America report. The report interjected serious consideration of the social economic and social political issues facing African Americans into the national discourse.Should Billionaires Hold The Keys to Power?
This is a debate for the 21st Century as never before have we seen billionaires running for office. Now they are capturing entire nations by rhetoric that is frankly frightening to the less endowed candidates. Trump is a case in point and his talk of fences to keep out illegal migrants and a shift in the foreign policy of the USA away from helping to keep the peace to one of outright war is turning heads in many parts of the world.The Great Banking Lie
The financial sector wasn’t always looking for its next revenue fix. Savings and loan was the name of the game during the Industrial Revolution… back before banks became economic parasites.