Fallout continues from the Swiss National Bank’s recent decision to drop it cap on the Swiss franc’s value in trading against the euro. This latest salvo in what’s being called the new currency wars is having some surprising effects not just in Switzerland’s European...
Swap Line Strategy – Saving the Euro to Save the Dollar
In a perfect world, European financial problems would stay in Europe, Japan’s would stay in Japan, Canada’s would stay in Canada, and so on and so forth … but today’s interwoven world economy will have none of that. An economic crisis brewing elsewhere in the world is sure to be lapping against American shores before long.