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Paul Krugman has a thoughtful and thought-provoking column on Greece today. A large part of his argument is that Europe is not an optimal currency area because it lacks a large central government enacting transfer payments among the various regions. That argument will be familiar to students of macroeconomics. (See, e.g., the case study on monetary union in [...]
I’m reminded today of the phrase “Get Your Money Out of the Country, Before Your Country Gets Your Money out of You.” The expression was coined years ago in one of the old PT books, I forget exactly which. Specifically, you have a deadline: December 31st, 2012, when most of this legislation is due to [...]
One of our familiar themes here at Q Wealth is the decline and devaluation of the dollar – and how you can not just protect yourself against it, but actually turn it to your profit! Devaluation was brought one step further last week by the latest round of currency controls on the US dollar introduced [...]
Its simple to want to trade forex as soon as you realize the revenue potential. Numerous prospective traders nonetheless have no clue how or the place to start. Fx trading is usually difficult to learn and usually contains unfamiliar perils along the way. An effective forex investor often possesses numerous months or possibly years of [...]