Bitcoin's value is steadily climbing and has surged more than 1,000% over the past year. Now that the Bitcoin economy has been worth over a billion dollars for years, Bitcoin is driving the world crazy. How did an idea that ran in the forums of economics students and software engineers turn into virtual money that is worth over a billion dollars and worries lawyers, economists and heads of state around the world? And what is Bitcoin or virtual money anyway? […]
Category: Global economy
A new report by the broker company Ariel Properties from New York states: the market for investment apartment buildings in New York jumped by 54% in 2012 - and amounted to sales of 7.8 billion dollars The market for investment apartment buildings in New York woke up dramatically during 2012. This is according to a new report by The brokerage company Ariel Properties from New York (Ariel Property Advisors). According to the report, [...]
Real Time Global Commodity Market We present to you a very important tool for commodity traders. This table aggregates the real-time prices of the goods for commodity traders. From the point of view of investors, the commodity market is a market where there is active trading of raw materials and primary products. The goods are traded on special exchanges for trading in goods which we will detail later. Trading is carried out through standard contracts in which [...]
Bitcoin (in English: Bitcoin) is a virtual currency, which was created in 2009 by its initial software developer, Satoshi Nakamoto (probably a pseudonym). Its uniqueness is that it is not under the control of any government, but despite this it includes a reliable system of documenting the transactions. As of June 2011, there are hundreds of businesses that respect the Bitcoin currency, and refer to it [...]
Every year in June, heads of state and senior bankers gather in a secret place, without media presence, and discuss issues that no one knows what their nature is. This group is called "Bilderberg", the Bilderberg Group has been operating since 1954, and really? There are fewer and fewer reasons to doubt the vagrants who warn of a plot to take over the world economy one bright morning in June 2011. The buzz in the position of the secretary of the chairman of the Fund [...]
The cash balances abroad of the American corporations and the reasons for the fiscal cliff. According to the "Wall Street Journal" magazine, giant American companies hold large cash balances abroad at the same time that within the United States itself they sometimes experience substantial liquidity difficulties. This is because cash is held in places where the actual production takes place and the actual production is in countries where taxes are lower. Emerson Electric […]
Those who believe that the markets will arrange a better economic future for them are living in an illusion. A sober interview with the investment guru Rob Arnott, who manages 120 billion dollars according to a model that answers the fatal trinity: debt, deficit and demographics Rob Arnott is a person who likes to look reality in the eye. He especially likes to look directly at reality when he can translate it into numerical data, then enter them [...]
The White House should adopt a more serious approach to budget cuts, said the Speaker of the House of Representatives, Republican John Boehner. "B". Boehner also added that the White House needs to adopt a more serious approach in regards to cuts in government spending if it wants to prevent [...]
The approaching financial cliff in the United States and its possible consequences "Financial cliff" - this is a concept that has become very popular recently due to the probable possibility of its actual occurrence in the United States next year. This is a situation in which the state, in order to reduce its burgeoning debt, drastically raises taxes on the one hand and drastically cuts government spending on the other. The debt of the United States, right […]
Since the outbreak of the crisis, government bodies and regulators in the United States and Europe have begun to take similar actions in order to quell the crisis, minimize the risks that arose from it, and stimulate the economy that had sunk into a deep recession. The actions focused on monetary expansions and supporting the banking system by improving liquidity. As mentioned, the crisis hit the European financial system hard because many financial entities in Europe were largely exposed [...]