It looks like China has beat the U.S. to the punch once again, devaluing its currency to just above its customary 7:1 ratio. The move is key in the equilibrium of the money ratios that determine the costs of goods and services. It is key to view the developments with the understanding that U.S. talks…
Tag: bonds
Fantasy Funding: How the Fractional Banking System Fractured
According to 2019 Federal Reserve numbers, Americans in the United States hold 1.04 trillion dollars in credit card debt. And that liability is growing coupled with Student Loan debt which has reached 1.5 trillion dollars this year. We are looking at an unprecedented time when the flaws in the fractional banking system have created fractures…
Congo: The Sleeping Giant Battling Back to Relevance
In 2016, the Democratic Republic of the Congo had a GDP of just over $32 Billion USD. These numbers are staggering for a nation with a population of 83 billion souls and a 800 GDP per capita. The horror is that the nation leads the world in some of the most precious metals and timber…
Lela Winston 