The Euro-dollar market* had caused many changes to the modern financial world in which, the open competitive effect of the international money market caused the liberalization by almost all industrialized countries of domestic money and banking markets. The market acted as a fully international mechanism for attracting deposits and offering loans, over a broad range … Read more
The Chinese metals industry – a roundup of 2008 and the outlook for 2009 The year has been a rollercoaster ride for most industrial metals, culminating in sharp price drops as the global financial crisis gripped major economies. As the world’s largest consumer and producer of metals, China’s demand was the main factor behind skyrocketing … Read more
Finding the best New Jersey mortgages from banks, credit unions and mortgage companies can be done online. You can get the best New Jersey mortgages and mortgage rates by searching mortgage rates databases in New Jersey. Whether you’re looking for a conforming mortgage, jumbo mortgage, adjustable mortgage or interest-only mortgage you can find the lowest … Read more
THE HISTORY OF THE EURODOLLAR MARKET IN THE 1960s (A CHRONOLOGICAL ACCOUNT) Introduction The Euro-dollar market* was in fact, and is indeed today, an international wholesale market in money, involving Euro-sterling and other national currencies such as Swiss franc and to a lesser degree the other major European currencies. This paper will briefly … Read more
Everywhere I turn, I see, read and hear how capitalism has destroyed the American economy. The political Left blames capitalism outright, while the political Right claims capitalism is the American ideal. The elitists in banking, government, academia and the media give lip-service to the idea of a free market, when they, in fact, have no … Read more