Tag «us economy»

A strong US dollar is good for India : Umesh Shanmugam

The US dollar (USD) is seeing renewed strength and this strength is giving asset classes across the globe a new direction. Equities have rallied and oil prices have fallen over the last two years on the back of the USD strength. Indian equities and bonds are benefiting from the dollar strength. The Indian rupee (INR) …

Social Security’s Investment Shortfall and US Government’s Financial Deficit Reporting = 64 Madoffs?

“The US Government has engaged in deceptive reporting on its financial performance for the last four decades,” writes World Scientific author Professor Nils Hakansson (University of California, Berkeley) in his book Social Security’s Investment Shortfall.  The concept of the Unified Budget currently employed by the US Government was mooted by President Lyndon Johnson and was …