Sun, Dec 28, 2014
A A A
Welcome preal121
RSS

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


 Article link

This post was written by:

VRS - who has written 38584 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031