Vol 2-Issue No 3

Currency Wars

14/02/2016

Historically, a currency war involves competitive devaluations by countries seeking to lower their cost structures, increase exports, create jobs and give their economies a boost at the expense of trading partners.  This is not the only possible course for a currency war.

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Finance: Derivatives and the Imploding Financial System

25/01/2016

Most people don’t understand what derivatives are.  Unlike stocks and bonds, a derivative is not an investment in anything real. Rather, a derivative is a legal bet on the future value or performance of something else. Just as one can bet on the horse, or the outcome of a sports game, financiers in London and […]

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