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Deathblow Coming for the Dollar, People Will Run to Gold: Peter Schiff
Peter Schiff, Chief Economist and Global Strategist at Euro Pacific Asset Management, discusses the threat to the US dollar’s status as the world’s reserve currency. He predicts that the current financial crisis, which he believes will be bigger than the...
Why Credit Crunch Matters? It’s the Economic Lifeblood
Have you heard the phrase “credit crunch” a lot lately? Many people are worried because officials at the Federal Reserve aren’t sure if it will cause one and news outlets are warning about how it will affect the economy. But what exactly is a credit...
Yellen’s Meeting: Lower Interest Rates?
Why Janet Yellen’s last-minute meeting with financial regulators could lead the Fed to lower interest rates. Janet Yellen, who is the Secretary of the Treasury, recently held an emergency meeting with financial regulators. This meeting led to rumors that...The United States Is Broke
Article originally appeared on The Daily Reckoning (here). Those who focus on the U.S. national debt keep wondering how long this debt levitation act can go on. The U.S. debt-to-GDP ratio is at the highest level in history (106%), with the exception of the...Start Your Dollarcation With RTD University
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