Foreign exchange rates are notoriously difficult to predict over the short term, because there's a great deal of volume traded across the world by many various players (governments, corporations, individuals, etc) for all sorts of reasons. However, they are easier to see over a longer term period as they are the reflection of the interactions of … Continue reading Betting on the Czech Koruna & the Mundell-Fleming Trilemma
Tag: currency peg
Jeddah’s Kingdom Tower -Tombstone of a hydrocarbon juggernaut?
Take a look at this info-graphic for a moment: It chronicles the history of the tallest skyscrapers ever built on earth. Now, look at the years they were completed. Notice anything interesting? Here's a hint: historically, each new skyscraper coincided with the end of an economic boom associated with it... a hallmark that signifies the … Continue reading Jeddah’s Kingdom Tower -Tombstone of a hydrocarbon juggernaut?