Visualizing Exter's Liquidity Pyramid (In Physical $100 Bills)

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All the money and all the assets in the world, shown in physical cash form, in one graphic. (click image for huge legible version) Source: Demonocracy The Liquidity Pyramid was created for visualizing the organization of asset classes in terms of risk and size. As Demonocracy explains, the Liquidity Pyramid was created during the time… Read More

China Launches First Domestically-Built Aircraft Carrier

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Exactly one day ago, we reported that “China’s first domestically built aircraft carrier will soon launch in Dalian, Liaoning Province for drills and trial voyages, putting to the test proprietary technology meant to further Beijing’s expansion in the South and East China seas.” A dock at the Dalian shipyard was being filled with water Sunday… Read More