Monthly Archives July 2014

* IMF (International Monetary Fund) Google it! *BRICS nations – Brazil, Russia, India, China plus South Africa by Simon Black – July 17, 2014 Malaga, Spain Like a lot of kids who grew up in the 80s, my parents enrolled me in organized basketball when I was around 9 or 10 years old. We weren’t really any good… just a bunch of kids from the Nintendo generation who would have rather been playing Jordan vs. Bird in our living rooms instead of dribbling through the real thing. In all honesty I have to say we went two straight years without
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Being a sovereign man* is not just about diversifying and internationalizing your assets across national borders. It’s as much about your mindset and the way you view the world and the events that are happening around you. Your worldview is heavily dependent on the knowledge and ideas that you are exposed to, but as demonstrated some people don’t want to learn, neither from books nor from history. Take Ben Bernanke for example. Is it surprising that the economy is on the brink of collapse when he and so called leading economists have based their whole worldview on faulty Keynesian economic
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It’s a Different World Now – I Give it 2-3 Years by Simon Black July 15, 2014 Malaga, Spain Exactly 70 years ago to the day, hundreds of delegates from 44 nations were busy at work in Bretton Woods, New Hampshire creating a brand new financial system. World War II had just ended. Europe was in ruin. And since the US was simultaneously the largest economy in the world, the primary victor in the war, and the only major power with its productive capacity intact, it was easy to dictate terms: the dollar would dominate the new system. Every nation
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