“I don’t believe that the spirit [of the Iran deal], with a time limit and so many escape clauses, will do anything other than bring nuclear weapons all over the Middle East.”
Tag: order
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Ray Dalio: The Changing World Order
In this video we try sum up Ray Dalio’s views on the changing world order. Dalio has a long form article written on his LinkedIn about this topic (which is a great read), so we thought it was important to make it into a short video so more people can see it!
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Total collapse: Lebanon’s currency crisis explained
Dubai: Lebanon’s current economic catastrophe is epitomised by one factor more than any other: The free fall of its currency. Since 1997, the Lebanese Central Bank has artificially pegged to the lira was to the US dollar at the rate of $1 = 1,500LP (1,507 to be precise).
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Argentina Defaults on Sovereign Debt Amid Coronavirus Crisis
Argentina defaulted on sovereign debt for the ninth time in its history, as Latin America’s third-biggest economy grapples with a new cycle of economic contraction, runaway inflation and a hard-currency squeeze exacerbated by the coronavirus pandemic.