Home » Posts tagged with "Swiss Franc"
Why is Dollar strong despite US's 18 trillion debt?
The dollar shows a steady growth with regard to other until recently stable world currencies. But is the dollar that strong? After all, the U.S. has a state debt of 18 trillion dollars and can declare a technical default at any moment. Recent rise of the Swiss franc showed that the dollar is far from being a safe haven for investors.
Global capital flows are extremely unstable
It is important to understand...
The truth behind the Swiss gold referendum
A recent column in US News & World Report, The Swiss Gold Rush by Pat Garofalo, its assistant managing editor for opinion, is subtitled “A push for the gold standard in Switzerland is symbolic of Europe’s rising right wing.” US News & World Report hereby descends from commentary to propaganda. Who edits its editors?
To begin with, the Swiss referendum, decisively and sensibly...