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Commodities Briefing - Categorized | Currencies more

A silver lining for when currency dies

Posted on 30 October 2012

The global economy seems to be on a one way path to eventual destruction as interest continues to accumulate on the massive word-wide debt. Budget and trade deficits keep growing, but unfortunately without an engine for real and sustainable growth.
Furthermore, the amount of interest keeps rising, while raising interest rates is not an option like it was to fight the notable inflation of the late 70’s after the Dollar was taken off the gold standard by Nixon earlier in that decade………………………………………..Full Article: Source


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VRS - who has written 36638 posts on Opalesque Commodities Briefing.


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