Posts Tagged ‘ reserve currency ’

The Fake Bull Market: A Dollar Mirage

The Fake Bull Market: A Dollar Mirage

José Tomás The SP 500 hit an apocryphal low during the financial crisis of 666 in March of 2009 from which point it has surged to more than double in price in about two years. This bull market is one of the most robust in  US equities history; its only rivals are the end...
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What If the U. S. Looks Like Defaulting?

On Monday, the US government hit the statutory limit on the amount of money it can borrow, ($14.29 trillion) the so-called “debt ceiling”. That means that Treasury Secretary Timothy Geithner has started to implement an emergency plan to keep the government running and pay bondholders while the White House and Congress hammer out the...
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