Home » Posts tagged with "Devaluation"
Socialist Venezuela in Full Collapse as Hyperinflation and Crime Runs Rampant
In recent weeks, two independent journalists traveled undercover to document their experience in the socialist “paradise” of Caracas, the murder capitol of the world, and lived to share an incredible video showing the ultimate conclusion of a state run economy.
Venezuela is in the midst of a complete economic collapse, with all the typical symptoms, including hyperinflation, government price...
S&P downgrades Russia's credit rating to step above junk status
For the first time in five years Standard & Poor’s has cut Russia’s credit rating to ‘BBB-‘, just above junk status. It warns the tension in Ukraine and ‘significant’ capital outflow could mean another downgrade. Moscow says it is “politically motivated.”
“In our view, the tense geopolitical situation between Russia and Ukraine could see additional...
US Dollar Now Ripe For Catastrophic Devaluation
Normally when I cover subjects in the economy, I try to take a “macro” approach, giving an overall view of various financial elements around the world and how they are clearly connected to one another in a greater synchronous social force. That is to say, in Chinese domestic consumption, or European debt obligations, or Russian gold reserves, and in many other factors, is encoded the very future...