Table Of Contents1 The Argument For Bitcoin Over Fiat Money2 The Risks Of Favouring Bitcoin Over Fiat Money3 Conclusion Venezuela’s economy is a case study of financial mismanagement by the government. The country is besieged by rampant starvation, hyperinflation, and massive immigration. The downfall of Venezuela’s economy has its roots during the administration of Hugo […]
Will Bitcoin Take The Place Of Fiat Currency? Read More »
Online retail giant Alibaba has thrown its hat into the money transfer business with its purchase of London-based payments and remittance servicing company WorldFirst for a reported $700M. The purchase was done through Ant Financial, the financial services arm of Alibaba. In a statement to its customers, WorldFirst officially confirmed the purchase by Ant Financial
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Table Of Contents1 Rising Debt In Italy2 Healthier Fiscal Position Encouraged3 Criticisms From OECD During a joint press conference with Italian Prime Minister Giuseppe Conte, European Commission (EC) President Jean- Claude Juncker called out Italy’s League 5 Star government for not doing more to save the Italy’s failing economy. Rising Debt In Italy In particular,
EC President Calls Out Italy’s Government For Slacking On Economy Read More »
Table Of Contents1 Italy Comparatively Better2 Should France’s level of foreign borrowing trigger the alarm bells for debt?3 Why Is This An Issue? According to Bloomberg, their projections on total public debt in 2018 showed that it is possible for France to overtake Italy as the world’s fourth most indebted nation in 2019. In 2018,
France Poised To Overtake Italy As The World’s Fourth Most Indebted Nation Read More »
Table Of Contents1 Significant economic consequences2 Threat to EU3 Salvini and di Malo moving away from EU Yanis Varoufakis, the former Finance Minister of Greece, believes Brexit is a by-product of the “disintegration of the European Union” and that Britain’s official exit on 29 March will trigger the “great decline” of the EU. During an
Yanis Varoufakis: Brexit Will Trigger EU’s “Great Decline” Read More »
Table Of Contents1 The United States Dollar2 The Venezuelan Bolivar3 The Republic of Zimbabwe4 The Argentinian Peso5 The Icelandic Krona6 The Turkish Lira The world’s major fiat currencies welcomed the New Year with a bust instead of a boom as many started 2019 with a crash felt across the foreign exchange markets. The Japanese Yen
Fiat Currencies Of The World: History Of What Caused Collapses Read More »
Table Of Contents1 Is Italy on the road to perdition?2 Italy Is Officially In Recession3 The ECB Puts An End To Its QE Program Italy’s new administration headed by Matteo Salvini and Luigi Di Maio has plans of removing pension reforms in favour of a “citizens’ income”. Salvini and Di Maio represent the anti-immigration parties,
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Table Of Contents1 Bonds2 Overview of parallel currency3 Italy’s tax rebates Nobel Prize-winning economist Joseph Stiglitz believes that the best way for Italy to regain control of its monetary policy would be to issue a parallel currency. However, Stiglitz warns of a downside. If Italy should issue a parallel currency in Italy, it would violate
Is It Possible For Italy To Have A Parallel Currency? Read More »
