BRICS members call for cross-border payment in BRICS currencies to challenge the U.S. dollar. The BRICS—an acronym for Brazil, Russia, India, China, and South Africa—held a summit on June 23.
Newsfeed: China And Russia Want To Replace US Dollar With BRICS Currencies Read More »
The emerging multi-polar world now includes foreign-exchange markets — as China and Russia, the biggest challengers to U.S. supremacy, boost direct trading between their currencies.
Newsfeed: US Rivals Shunning Dollar Lifts Yuan-Ruble Trading by 1,067% Read More »
What a difference a week makes! Last time we commented on the big news about the world’s most famous real estate guy potentially using the tax laws to reduce his federal income taxes to virtually zero. Since then, as you probably know, the news has been dominated by President Trump’s illness, hospitalization, treatment, and return to the White House.
In search of stability in an unstable world … Read More »
In a complex financial eco-system, there are MANY components, dependencies, and inter-dependencies … … any of which can be the catalyst for a seismic economic earthquake. The flip side and basis of real estate’s stability is real estate’s relative lack of liquidity as compared to publicly traded securities. After all, you can’t hit a buy or
Pension problems percolating … Read More »