postheadericon Infographic: $19,000,000,000,000+ National Debt (and counting…)

Infographic: $19,000,000,000,000+ National Debt (and counting…)

The United States has enjoyed the ability to borrow effortlessly and sustain an assertive foreign policy, by virtue of its status as the world’s reserve currency. But the rise of other currencies and concerns related to the mushrooming US debt has created doubt, causing many foreign entities to sell-off of US currency Read More
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Yuan Achieved IMF World Currency Status! So What You Say? Think Again!

Like we predicted months ago, the International Monetary Fund (IMF) has formally accepted the Chinese Yuan into the IMF Special Drawing Rights (SDR) basket. The effective implementation of acceptance will occur on October 1, 2016. The Chinese yuan will join the dollar, euro, yen and pound as an IMF global reserve currency. Read More
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