Sentences with phrase «major currency crisis»
And the Fed has no capacity to print more money and expand its balance sheet without causing a major currency crisis.
https://www.sovereignman.com/
Simply put, if the Fed continues to conjure trillions of dollars out of thin air to feed the government's insatiable appetite for debt, they're risking a major currency crisis at a minimum.
Not exact matches
Additionally, prices for its major commodity exports - crude oil and palm oil - have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis of the late 1990s.
Prices for major commodity exports crude oil and palm oil have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis in the late 1990s.
If there's ever a major problem with your home country's currency or monetary system (which we've seen over the last several years from India to Iceland, Argentina to Zimbabwe) gold will maintain its value and survive the currency crisis.
The year 1993 is marked in many people's minds by several major events: the creation of new countries in the Balkans; the retirement of Michael Jordan from basketball; the inauguration of Bill Clinton as the 42nd president of the USA; the implementation of the «Don't Ask, Don't Tell» policy for gay service members of the military; the height of the AIDS crisis; the ceasefire between Hezbollah and Israel; the signing of the Maastricht Treaty, establishing the concept of a single European currency, and the awarding of the Nobel Peace Prize to Nelson Mandela and President F.W. de Klerk.
Note per capita C emissions the long rise was suddenly attenuated by the new organization OPEC's cartel price rise in 1974 and maintained relatively flat by major recessions in the early 1980s, 1990s, Asian currency crisis 1997 - 98 and new millennium.
China has long been a major hub for bitcoin, which was created by an anonymous programmer during the depths of the 2008 financial crisis as an alternative to official currencies.