Gold’s center of gravity moving from West to East
As payment systems shift and reserves diversify, bullion is leaving Western hubs for Asia in a quiet reordering of monetary power. Read More Here
Tag: dollars
Saudi Arabia’s $750 Billion Threat To Wreck The U.S. Economy
Dumping U.S. bonds is not really an option for any country holding major positions. To the extent that the number of bonds the United States sells is a problem—and it is a problem—it is not because it gives others leverage over America. It is because it is reflective of decades of out-of-control spending, which must […]
Russia And Flight Of Capital
Amid Russia’s economic woes, billions of dollars continue to disappear in offshore havens. The net outflow of capital from Russia reached $32.6 billion during the first quarter of 2015, according to the nation’s Central Bank. Read Here – Eurasianet
Prosperity And The Americans
If proverbial Martians descended on Earth and toured America’s crowded shopping malls, traveled its congested highways and sampled its technological marvels — from the many cable channels to ubiquitous smartphones — these visitors would be hard-pressed to describe the United States as poor or its economy as failing. The truth is that, even in its […]
looking beyond borders 