January 26, 2011
in Africa, BRIC, Middle East, consumers, diversification, emerging markets, foreign investment, frontier markets, international economy, international stock market, investing, market reports, opportunity, resources, risk, wealthbuilding, world order
Don’t freak out at the phrase “new world order:” this isn’t about conspiracy. The fact is that 2011 is likely to be the year that China most definitively transitions to first place as the world’s foremost economic power. And with China’s economic ascendancy, so follows the economic rise of China’s key trading partners, many of [...]
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May 3, 2010 · 7 comments
in Greece, US Treasury, US debt, US economy, USD, currencies, debt, deflation, depression, economy, europe, exchange rates, financial planning, forex, gold, hyperinflation, inflation, international economy, market trends, news and updates, risk, sovereign debt, survival, theories, wealth protection, wealth transfer, world order, world reserve currency
On April 27, 2010, Standard & Poor’s downgraded Greece’s credit rating to junk status – meaning that it is unlikely Greece can pay back its creditors, which means that it is not worth it for the hypothetical investor to invest in Greece.
The same day, the USD spiked and the Euro and other currencies fell a [...]
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January 30, 2010 · 6 comments
in BRIC, China, G20, G8, GDP, India, OPEC, US debt, USD, capitalism, currencies, emerging markets, exchange rates, foreign investment, forex, gold, government, international economy, international stock market, market trends, oil, wealth, wealth protection, wealth transfer, world order, world reserve currency
With the phenomenal growth in sovereign wealth funds over the past thirty or so years – but especially in the last ten – it’s good to stop and take a look at where this new investment phenomenon is at today in 2010.
Here’s a list of the current top 10 sovereign wealth funds around the world.* [...]
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October 8, 2009 · 2 comments
in US debt, USD, central banks, currencies, forex, gold, hyperinflation, inflation, international economy, money supply, precious metals, world reserve currency
Gold has broke through some of its all-time highs today, October 7, 2009, reaching as much as $1043/oz. But that is not the end of the excitement for all the gold bugs and other lovers and investors in the yellow metal. Gold might be making a comeback as a contender for one of several currencies [...]
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Is the supranational currency proposed by Russian President Medvedev for real? At the G8 meeting in L’Aquila, Italy (July 8-10, 2009), Medvedev is reported to have brought a sample of a new “united future world currency” coin minted in Belgium and bearing the words “unity in diversity.”
According to Bloomberg, Medvedev said “the question of a [...]
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July 5, 2009 · 6 comments
in US debt, USD, currencies, foreign investment, inflation, international economy, investing (general), politics, savings, world order
China was the first to open the floor for discussion on the continued viability of the US dollar as the world’s reserve currency a couple of months ago. With good reason, since they are now the largest foreign holder of US debt instruments (that’s the paper money the Fed prints out of thin air). Just [...]
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