What is BRICS 11 about? Who Are They? BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa (hence BRICS). It was unofficially named by Golden Sachs in 2001 as a marketing plough to get people to invest in emerging markets, officially formed in 2006 and with South Africa joining in 2010, BRICS […]
Tag: currency
A Complete Confidence Killer in the US Dollar
Going from Freeze–to Seize Damage to Collateral Get out your pens and mark this down. February 17th. This will be a historic turning point in the future of the global monetary system when we look back. It is evident that the sanctions against Russia have tremendously back-fired as they decided to use the dollar as […]
The Cleanest Dirty Shirt
Now Thats a Good Looking Buck Years ago I remember hearing about a psychology study that went something like this: A random sample of men were brought in to a lab and were asked to rank-order photos of 20 women according to their attractiveness. But there was a catch, they were told that if they […]
This is Now An Obsolete Idea
The Piggy Bank Died Long Ago Mom and Dad are usually right, but they’re wrong about this thing. They are wrong when they say “Save your money”. Get a job, and “save it in your bank account”. “If only you saved your money…” I’m writing to suggest to you that you are (practically) unable to […]
