Indonesia and China are closer to reducing their reliance on the US dollar as they plan to start using their own currencies for bilateral trade and investment within weeks.
The European Commission said it would seek to boost the international role of the euro and build European financial infrastructure so that the EU becomes more independent of outside financial centres and the dominance of the U.S. dollar.
Russian Foreign Minister Sergei Lavrov began a visit to China with a call for Moscow and Beijing to reduce their dependence on the U.S. dollar and Western payment systems.
What is popular and sexy is often not very profitable (questionable whether you'll even break even?).
Glance over the statistics for start-up, angel & venture capital returns. You'll realize you might as well donate your capital to a charity — better use of it.
Another oldie worth reading, since not much has changed.
An investment strategy that loses money broadly speaking, inability to outperform even an index fund, awful alignment of interest, long lock-up periods, with very high fees.
Why: carefully selected & diversified portfolio of litigation cases can return 30%+ annually while being totally uncorrelated to traditional assets during a potential crash, plus Pound might rise vs $USD giving additional returns
Litigation funding is outperforming all other asset classes including private equity, real estate, private debt, hedge funds, and the stock index funds.
Yet it still remains very unsexy due to a high barrier of entry (expertise & know-how, large minimum ticket sizes, etc).
Additionally, the UK litigation cases are denominated in British Pounds — has recently broken out of its 13-year downtrend against the greenback.
We are hopeful the Pound might continue appreciating, gifting investors a double return (underlying ROI + exchange rate carry).