China’s State Council or Cabinet’s decision to permit the use of Ren-Min-Bi (RMB) , in cross-border trade settlement, as part of its long-term plan to globalize its currency and reduce the domination of the US dollar, will eventually reshape forces at play in international foreign exchange (forex) markets. Presently, the currency of China — the [...]
Archive for the ‘Global Issue’ Category
Is Obama Ready To Nominate Ben Bernanke For The Nobel Prize In Economics For Printing Too Much Money?
As adviser, we always spend hours reading materials – bullish and bearish stuffs, each day that force us to think outside our comfortprofessional investors from all over the world. Everyone is entitled to his or her own views and we can always be bullish or bearish on lots of things. zones plus we talk frequently [...]
In 2009 NOBEL Prize Economics went to two Americans who distinguished themselves by thinking outside the box and articulating their work through a qualitative methodology. The economics profession did not expect the prizes to go to individuals who were not rigorous in a mathematical sense, as economics schools have been captured for a very long [...]