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  1. #1

    About the on-going depression

    http://www.mining.com/web/james-rick...gold-you-have/

    I found the this article interesting, because it says in a few words that:

    - One major trend is in rising Americans on food stamps, rising number of Americans either unemployed or underemployed, rising number of Americans on disability.
    - The Fed is manufacturing a new stock market bubble on the base of a false business cycle economic model without any impact on the structural problems
    - Emerging markets that produce commodities (Brazil) will be the next victim of the Fed manipulation.



    Pascal

  2. #2
    https://class.coursera.org/renminbi-001/class/index

    Coursera is also offering the above class, via a Chinese university, and the titles of the first set of lectures echo precisely what Rickards asserts, e.g. the need for a "multipolar" currency system, currency reform, SDRs.

  3. #3

    WSJ article about energy glut in the U.S. vs rest of world.


  4. #4

    US$ and its reserve currency status

    This article dates of March 2015, but is really a good summary of the forces around currencies and especially the US$.
    Reading commentaries also takes some time, but interesting for a week-end reading.

    https://mises.org/library/why-it-mat...serve-currency



    Pascal

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