In Search of the Next Reserve Currency [View article]
The sheople's dollar will not remain the world's reserve for much longer. It's something I would never have believed 10 years ago, but the overwhelming debt that we have incurred and the Federal Reserve has doomed the almighty dollar.
Manufacturing was moved overseas. Interest rates were lowered. Our economy was largely based on what we spend. What do we expect when we run out of money? Let's not do anything to fix the problem. Let's "throw money out of helicopters". That'll help. What do we do when we get to the bottom of the hill? There's no ski lift.
In Search of the Next Reserve Currency [View article]
Thursday Outlook: Commodities, Emerging Markets [View article]