Category: Economics
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Bank Collapses or Bank Runs in America’s Future?
Bank collapses or bank runs are common through history. The U.S. lost about 80 banks this year but depositors have been safe, but that may change. Are Bank Runs Possible in the U.S.? Right now Greece is experiencing bank runs because the Greek population knows the Greek banks are in big trouble. Approximately 80 banks…
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Fresh Approach to Private Offshore Banking
When you imagine private offshore banking it may involve a Swiss bank account or an ultra-secret Cayman private bank account nestled in beachy isolation. But to really achieve that safe haven of wealth that neither law courts nor governments can touch you may need to think outside the box. Today’s reality is that we are…
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Total World Wealth
The Credit Suisse Research Institute publishes the Global Wealth Report (world wealth), which finds that the global wealth currently held by 4.4 billion adults has increased 72% since 2000 to reach USD 195 trillion. Driven by robust economic expansion in the emerging markets, the institute estimates that global wealth will grow 61% to USD 315…
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Museum of American Finance to Open “Checks & Balances: Presidents and American Finance” Exhibit on Election Day
Image via Wikipedia NEW YORK–(BUSINESS WIRE)–On Tuesday, November 8, the Museum of American Finance will open “Checks & Balances: Presidents and American Finance,” an exhibit on the financial challenges faced by American Presidents both in the Oval Office and in their personal lives. From its inception as an experiment in a new kind of democratic…
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Madness in Markets
Madness in Markets: Coming soon to an Emerging Market near you At no other time in history has a deeper investigation of our investment portfolios made better sense than today. The last four years have brought forth many surprises for almost all types of investors. It is common wisdom that no one can take the…
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For Investment, Certainty is Scarce
In the past year, it’s been a very tough task to ascertain the securest path for investment. No one market has proved dominant, and those in charge of managing investments have had to react at lighting speed to swift changes in market direction for all but the longest term options. Though investment returns are down,…
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It’s a rich man’s world
An annual survey estimated that the combined wealth of the world’s 10.9m rich people (27% of whom are women) stood at $42.7 trillion in 2010, more than in 2007, the year the financial crisis was brewing. More than half of the monied classes live in the United States, Japan and Germany, though Asia has more…
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Targets of Opportunity: The Region’s Top Investment Sectors
In a region that stretches from Morocco to Kuwait and covers terrain from mountains to desert, the range of economic activity in the Middle East and North Africa (MENA) is as varied as the geography. The rich diversity of economies provides numerous sectors primed for private equity (PE) investment. “In terms of sectors, each country…