For years, media have reported on a number of military options to bomb Iran’s nuclear facilities. Iran has learned from the 1981 bombing of Iraq’s nuclear facility. Nuclear facilities in Iran are widely distributed and most of them are built deep underground. Some of these facilities are believed
The key to generating wealth over a long period of time is to identify when one macro cycle ends and a new macro cycle begins. In economics, a macro cycle is defined as a cycle of big picture economic performance, structure, and behavior. No bell is rung at the end
It turns out that Mario Draghi is Super Mario. Mario Draghi is an ex-central bank governor of Italy who just took over from Jean-Claude Trichet the presidency of the European Central Bank (ECB). In a surprise bold move, Draghi announced that the ECB is lowering its main rate from 1.5%