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Showing posts from September, 2018

My take on the Iran Nuclear Deal

Many of you must be aware of the fact that the US withdrew from the Iran Nuclear deal last May, but are you aware of the possible grave consequences this would bring to threatening world peace? American withdrawal from the Nuclear deal is the most pernicious foreign policy decision yet and a huge blow for trans-atlantic ties. Today, I am going to discuss whether this was for the good of the world or was this just a bad decision. Many proponents to the argument feel that the Iran deal was a shot in the head for America and more due diligence had to be done into the scale of nuclear ability that Iran had surfaced to, before coming up with a much stricter deal. American officials demanded greater transparency of the Iranian government. They wanted to be allowed into every nuclear site. They wanted to be allowed into every military base. They wanted free access into Iranian homes. Whether their new requirements were justified or not, should America have just cancelled the deal? Coul...

My take on Bitcoin

Currently trading at $6247, Bitcoin is down almost 15% in the last week. People tend to get confused about the difference between bitcoin and blockchain. Blockchain isn’t bitcoin. Instead it’s the technology underlying bitcoin. More specifically, blockchain is the incorruptible, decentralized digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. Initially, the term blockchain appeared as the name of a distributed database. This was then implemented in the Bitcoin system in 2008 by someone known as Satoshi Nakamoto as the first blockchain app. He tried to use the fact that bitcoin had to be mined using energy in the form of electricity and that they are limited in supply to price the value of the cryptocurrency. However many investors have lost interest in trading bitcoin as the find no material value coming out of it, like how we see in gold and other commodities. One example is how gold displays orn...

My take on the current EUR/USD situation

The EUR/USD is the most popularly traded currency in the world today, traded at the highest volumes. Before we get down to the history, current state and future predictions of this currency pair, I feel that we should first discuss the economic factors that affect foreign exchange rates as a whole. The few factors that have a major representation on the everchanging exchange rates are the following, the relative inflation between countries, the relative economic growth between countries, the commodity prices, the relative interest rates, government intervention, relative national income growth, government debt, trade relationships between countries and lastly, political stability and economic performance. That does sound like a number of factors affecting a single tool of economic gauge for a country but we have to understand that the countries exchange rate does not only indicate the health of the economy but also provides investors a suitable gateway to make a planned investment. ...