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[unable to retrieve full-text content]This first week of October has seen U.S. interest rates soar to the 5% level on long-term Treasury bonds. That has made long-term Treasuries one of most attractive investment vehicles in the world, or even the most attractive. One obvious result is that countries aiming to dedollarize their central-bank reserves would make an untimely decision Continue Reading The post A BRICS+ Bank: How would it really function? first appeared on Michael Hudson.
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Michael Hudson considers the following as important: Articles, BRICS
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[unable to retrieve full-text content][unable to retrieve full-text content]This first week of October has seen U.S. interest rates soar to the 5% level on long-term Treasury bonds. That has made long-term Treasuries one of most attractive investment vehicles in the world, or even the most attractive. One obvious result is that countries aiming to dedollarize their central-bank reserves would make an untimely decision Continue Reading The post A BRICS+ Bank: How would it really function? first appeared on Michael Hudson.
Topics:
Michael Hudson considers the following as important: Articles, BRICS
This could be interesting, too:
Michael Hudson writes The End of Financial Colonialism
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This first week of October has seen U.S. interest rates soar to the 5% level on long-term Treasury bonds. That has made long-term Treasuries one of most attractive investment vehicles in the world, or even the most attractive. One obvious result is that countries aiming to dedollarize their central-bank reserves would make an untimely decision Continue Reading
The post A BRICS+ Bank: How would it really function? first appeared on Michael Hudson.