The entire financial system remains on the brink of collapse, the total national debt of nations have gone ballistic with most of the western world having public debts of over 100 %. America, Brazil, China, Britain and Canada are leading the debt ratios with trillions of dollars in debt, debts are rising faster than economic outputs that pave the way towards higher taxes and according to The Economist debt ratios of above 90 % represent unhealthy economies in general (The Economist, 2015).
Daily Archives: July 11, 2015
The Secret World of Gold: History & Role In Modern Economics
https://www.youtube.com/watch?v=Dt7hTCeoXUM Gold has both a special and dark past, although many without knowledge consider gold to be nothing more than a relic of past times, or a want in terms of jewellery and other specially made items, gold as a commodity is still flourishing in modern society, and still plays a pivotal role in economics
What Is a Gold Standard?
Before 1974, U.S. dollars were backed by gold. This meant that the federal government could not print more money than it could redeem for gold. While this constrained the federal government, it also provided citizens with a relatively stable purchasing power for goods and services. While Australia had remained on the path of the sterling
The great stock market crash of 1929
Our copyright policy does not apply to this video, Text and video copyright to original owner, video shared from youtube. Gold News Australiawww.goldnews.com.au
The Great Euro Crisis Documentary
https://www.youtube.com/watch?v=XkcL1McJJ4Y Our copyright policy does not apply to this video, Text and video copyright to original owner, video shared from youtube. Gold News Australiawww.goldnews.com.au
