Lately, there has been lots of talk about Banks. It seems to have quite a lot of people upset or at the very least nervous. And while Banking system may be teetering–it is not for the reasons we assume. In fact, much like the international chaos that is beating down developing economies and the interests…
Tag: dollars
The Evolution of Fintech in The Era of Natural Resource Titans
As more and more people begin to acclimate to pseudo block chain currencies and more governments adopt them–the dominance of both banks and Visa/MasterCard as major payment processing platforms will recede. In 2021 Visa’s net revenue was 7.1 billion dollars according to a Barron’s financial report; while MasterCard nabbed more than 18.8 billion. New tech…
Brexit: Escaping the Post Colonial Immigration Boom and the Debt Albatross
As the UK and the EU continue to seek to hammer out a deal for Brexit, the world watches as the flagellation surrounding the move intensify. In a June 2016 vote, the UK determined it would leave the EU as saw that its contributions to the union far outstripped many other nations and the looming…
A Trade War of the Worlds
In 2014, China held over a third of U.S. debt, amounting to nearly 18 trillion USD. In just four years, that number has dwindled to a paltry 1.18 trillion, due in large part to China’s rapid sell-off of American currency. In the past, nations sought U.S. dollars as a guarantee to ensure fiscal stability due…
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…
#AfriCapitalism: Does African Currency Matter?
Waiting to pay my bill in Ghana, I rummaged through my purse and my pockets. Oh, no! I hadn’t any more Ghana Cedis. I was in the West African nation of Ghana, and I had run out of Cedis (the national currency). All I had were dollars and at present there was no place to…
In the Eyes of the Beholder: Perception Marketing
Perceptions about regions, groups and populations often shape who we will and will not do business with and where we choose to visit or vacation. In essence, perception adds up to dollars and cents.
Lela Winston 