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2019年3月10日 · In 1972, the Hong Kong dollar was pegged to the U.S.dollar at a rate of HK$5.65 = US$1. …. Between 1974 and 1983, the Hong Kong dollar floated. On 17 October 1983, the currency was pegged at a rate of HK$7.8 = US$1, through the currency board system. The problem Hong Kong will face is as the financial crisis in Europe erupts, this will push ...
It has been through the Business Cycle that all advancement and thus economic evolution emerges. Joseph Schumpeter (1883–1950) called these Business Cycle events – Waves of Creative Destruction. Unless oil rises in price to excessively high price levels, alternative fuels will never be developed. There must be a viable economic foundation ...
1 天前 · The London ECM Next Weekend. May 18, 2024. We have reached a critical crossroads in the world economy. May 7th, 2024, was a profound turning point that changed the course of events as they are... Sovereign Debt Crisis Banking Crisis Geopolitical IMF NATO Upcoming Events.
Ask-Socrates is an innovative, software-as-a-service platform offering unique perspective and tools intended to help individuals and organizations better research and interpret the global economic and political environment. Utilizing proprietary models, artificial intelligence and extensive database, this platform is capable of observing every ...
About. Martin Armstrong was born in New Jersey the son of a lawyer and Lt. Col under General Patton in World War II. Martin was encouraged by his father to get involved in computers during the mid-1960s. He completed engineering both in hardware and software but after being offered positions by a government contractor RCA in Thule Greenland ...
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The Future. While this business cycle can be calculated on quarter-cycle intervals of 2.15 years into the final peak for this major wave formation of December 24th, 2032. Though this is long beyond my life expectancy, there is so much more behind the true understanding of the driving forces within the business cycle.
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