Friday, 27 January 2017 09:10

What Trade War With Mexico May Mean

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Blockchain based closing process

A border tax would hurt foreign companies that rely on cheap Amercian labor in Mexico would get hurt first, and then the increased costs will get passed on to the US consumer. This is all part and parcel of going after Mexico via a trade war/ This also doesn't take into consideration the fact that Mexico purchases a lot from the USA as well.

Re: Trump and his Mexican wall, you can't unring the bell once it comes to global economics. The biggest beneficiaries in terms of building materials from building a Mexican wall will likely be Mexican materials companies.1200x 1

In the educational piece titled "Is Bitcoin Too Risky? Whenever the Bitcoin is Mentioned in Financial Pop Media, Ignorance Ensues," I reviewed the many misconceptions that "so-called" professional investment types had about bitcoin, its relative risks and rewards. I called out the Financial Times, the London Business School and Money Magazine as basically not knowing what they hell they were talking about. Now, we will take the analysis a step further for those investors who want to get their feet a little more than just wet.

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CNYBTCpicturesThere have been rumors that the Chinese Central Bank (PBoC - People's Bank of China) would limit or eliminate margin trading in Bitcoin. It is now official, sort of...