Tags » Currency War

'It's time to hold physical cash,' says one of Britain's most senior fund managers

Then Chinese stock market in correction territory, down twelve percent from its recent highs and the bond market spirals out of control. What does it mean for the average person? 384 more words


China's yuan is no longer undervalued, says IMF

For more than a decade, China’s taken a verbal beating from other countries for keeping its currency unfairly cheap. Those days might finally be over. The yuan (a.k.a. 486 more words

On a Tesco Shop

Today I went to Tesco to do my shopping. At the till I met three lovely ladies, serving customers at the checkout. They all looked in their late fifties to early sixties. 384 more words

47 Bullion

2015-Q1: a Quarter of Uncertainty

Picture: hedgeye.com

Milton Friedman, a Nobel Prize winner in economics, illustrated the economic crisis as the guitar string: when we strum the guitar strings down, the strings will bounce right away. 747 more words


Things that bad in Australia?

Unbelievable, a 2% rate cut! Are things that bad in Australia?? What does this mean to the average person in Auzieland? This mean’s your currency has just been diluted, meaning it will cost more at the store to buy goods. 159 more words