The Real World News and Commentary – October 10, 2012

Connecting the Dots in the Real World
Created by Roy Perlmutter   October 10 2012

Triffin exposed serious flaws in the Bretton Woods monetary system and perfectly predicted it’s inevitable demise yet his work remains largely ignored and unstudied by today’s mainstream economists. This “flaw” became known as the Triffin dilemma, and many believe Triffin’s dilemma has as serious implications today as it did 50 years ago.

Now that the price of gold is re-establishing its rising trend, understanding its future role as a replacement for the US dollar is increasingly urgent, because gold is wealth and this wealth is being transferred from west to east.

Little Big Town – Pontoon

IMF sees ‘alarmingly high’ risk of fresh global slump

Mass rally in Venice to call for independence from Italy

Famous Quotations on Banking

20 Tips for Surviving an Economic Meltdown