The information below pulls from our 1985 timeline video, part of Weird History’s Timeline Series. The year 1985 marked a significant period in history when the 80s found itself and started to manifest as its own iconic era. For many, this was the time of growth, coming of age, and ...
However, a global dollar surplus imperiled the system in the 1960s. At the time, the U.S. did not have enough gold to cover the volume of dollars circulating throughout the world. That led to anovervaluationof the dollar.4 The government attempted to shore up the dollar as well as the...
One of the big drivers in the increase in total debt was the significant increase in household debt, which mushroomed from 62% of disposable personal income in 1985 to 135% in 2008. At the end of 2010, the ratio was 120%. More than half of the $500 billion decline in household debt ...
HBO Max has tons of great new content arriving this month, including new episodes of the gritty action-adventure series "The Last of Us," the final season of "Succession" and even a few 2023 Oscar nominees. Keep reading to check out what's coming to (and leaving) HBO Max in March 202...
Rule pointed out that gold as an investment and savings mechanism is ignored by 99.5% of the U.S. market. "Gold doesn't need to whip the U.S. dollar; gold doesn't need to break the Treasury market. All it has to do is revert to mean. Then, the market share ...
I never listen to music or podcasts or audiobooks when Roo and I go on our walks. I sometimes problem-solve about something that has happened that day; I sometimes strategize about a project. And sometimes I just walk. I look at the houses on our regular route and make up lives of th...
“I should have bought the Givenchy pattern.” She whimpered. *** 1957 by Chanel from the Les Exclusifs line smells to me exactly like the 1950’s. You can bet your bottom dollar that I know what that smell is all about. It is soapy, clean and upstanding in it’s sparkling Madison...
1978US presidentJimmy Carterauthorizes the minting of theSusan B. Anthony dollar coin. 1977Gridiron greatJoe Namathplays in his lastNFLgame. 1975Papua New Guineajoins the United Nations. 1973 US vice presidentSpiro T. Agnewresigns from office after pleading no contest to a charge ...
to the rather opaque world of forex trading, what does this tell us about existing problems with the forex trading sector generally and what, if anything, has been done and can be done to address these issues and to prevent repetitions of the infringements found to have occurred in future?
into gold—a major improvement over the gold standard. In fact, most businesspeople eventually ignored the technicality of pegging the U.S. dollar to gold and simply utilized the actual exchange rates between countries (e.g., the pound to the dollar) as an economic measure for doing business...