The U.S. dollar (USD) has gained over 35% against major currencies since 2011. China’s government has pegged its currency, the yuan (renminbi) to the USD for many years. Until mid-2005, the yuan was pegged at about 8.3 to the dollar.

One of the biggest lessons I’ve learned from the 2016 election season is the obvious fact that the GOP base has absolutely no interest in freedom, civil liberties or the Constitution. The huge success of the megalomaniac statist Donald Trump, as

The fundamental premise of global central bank policy is simple: whatever’s broken in the economy can be fixed with zero interest rates (ZIRP). And the linear extension of this premise is equally simple: if ZIRP hasn’t fixed what’s broken, then

Donald Trump is an extreme version of the American society and spews racist and fascist views to attract more support: – Trump says he would deport 11 million undocumented workers from the United States and would establish a deportation force

Tim Cook deserves tremendous credit for the courage to come out and so aggressively and publicly denounce what the FBI is trying to do. If he hadn’t decided to publicly challenge the court order and write a detailed treatise on precisely

Eastern bloc states including Poland, Slovakia, Hungary, and Czech Republic have dismissed current proposals on curbing child benefits for their migrant workers in western Europe. Cameron is under tremendous pressure over the new challenge… Watering down of migrant benefit proposals

If we collectively choose wishful thinking, catastrophic consequences are guaranteed. Wishful thinking has been an integral driver of the “recovery” 2009-2015: asset bubbles aren’t bubbles, central bank policies are brilliantly successful, unemployment has dropped to levels of full employment, and

If we collectively choose wishful thinking, catastrophic consequences are guaranteed. Wishful thinking has been an integral driver of the “recovery” 2009-2015: asset bubbles aren’t bubbles, central bank policies are brilliantly successful, unemployment has dropped to levels of full employment, and

US Republican presidential candidate Donald Trump has threatened Ted Cruz with legal action relative to to the fact that he was born in Canada and therefore cannot be President. Trump did also say that Cruz is a totally unstable individual,

Former US President and warlord George W. Bush, who predicted that Iraqis would welcome US troops with flowers, is predicting that his brother Jeb Bush would win the 2016 election! Lol! Rofl! Jeb Bush was once the presumptive Republican Party