Money Reserve

On March 6, Congress passed overwhelmingly, in the behest from the Obama Administration. new economic sanctions on Russia for their intervention in the Crimean region of Ukraine.  In this, President Obama has now placed the dollar and entire Treasury reserve structure at an increased risk, in addition to being Dr. Jim Willie noted yesterday, has had America to the brink of the 'Waterloo'.

Article by  :Might a virtual currency bent by an unspecified Internet hacker someday reinstate the U.S. Money? What did you say? Seems like a absurd question has befall new stimulating in the role of trading taking part in the digital money called Bitcoin has surged new than 300% taking part in the historical day to roughly 60,000 transactions for each date.


Money Reserve

 The roots on this crisis get back on 2001, to the dot com crash and 9/11. This deadly combination knocked the stuffing out of your economy and the only thing people had left to keep up their lifestyles was home equity. Congress deregulated banks and the Federal Reserve kept interest levels low, thus allowing mortgage brokers to shovel money the doorway to all or any comers.

The Fed presumed that after the larger banks received what amounted to fake money, they might lend any additional currency to consumers in order that they could buy more goods and services, thereby boosting economic growth. The banks instead used the fabricated currency to acquire stocks. For what it's worth, if an individual were to compare the trading pattern from the S&P 500 (SPX) with the value with the dollar (UUP) on  they'd immediately recognize that the 2 investments move in opposite directions.

Money Reserve

 They being from France on a tour, following their Rugby team that was playing a few tests from the South African "Springboks". Foreign tourists bring overseas currency to our shores, so we forgave them their joy, but realised immediately after, English wasn't their utmost subject. Attempting to talk to them, to inform them how badly we was going to thrash theirs, a total waste of time and we sat returning to enjoy with hilarity their antics.