Tag: SDR

China To Contribute 10% SDR Stipend To Washington D.C. Based IMF On October 1st. 2016

China will join the [tiny] club of nations whose currencies make up the international reserve basket. The basket is called Special Drawing Right (SDR) and the International Monetary Fund reviews its contents every five years, including 2015. SDR Basket Weights: The revised SDR basket will be based on the following weights: 41.73% for the U.S.…

Economic Rollover: Banksters Created The Greatest Ponzi Bubble In Financial History

The common consensus in the financial community today is that the Fed and other Central Banks have somehow managed to end the business cycle. The result of this is that we’ve entered a period of sustained growth (albeit low growth) that will continue in perpetuity until something magical happens and stronger growth returns. On the…