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The Next Eleven (N-eleven) is a team of emerging nations with the potential to rival the G8. This team consists of Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam.
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Tensions are higher as the whole globe seems to know what North Korea refuses to acknowledge. Atomic and nuclear screening is some thing we ought to have deserted years ago. Not to mention atomic and nuclear threats.
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What the German minister is saying is the Federal Reserve is planning on printing much more cash and buying US Treasuries (asset purchases), which will devalue the dollar towards other world currencies. We will discover out for certain on November 3rd from the Fed if this is the case.
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