What’s the BIG freak-in deal with countries wanting any part of Afghanistan? Why did Russia invade such a desolate place and why would the United States partner with Afghanistan to push Russia out of that country. The answer my friends is NOT Afghanistan’s pristine beaches or Michelin Star Restaurants, it’s natural resources. In fact, Afghanistan […]
Tag: new global reserve
Global trading has come a long way from what it use to be, which entailed the barter system. Nation States use to trade goods for supplies, which transitioned into trading commodities for those items. Now Nation States are trading a third category of export, services, which have ballooned into the billions of dollars in the […]
China is working to make the Yuan the international currency of trade, by approving international hubs where its currency can be exchanged/converted directly into the Yuan as opposed to first converting a States’ currency into the U.S. Dollar. Currency hubs are now located in such places as Australia, Hong Kong, Taipei, Singapore, Paris, Seoul, London and Frankfurt.