With the European sovereign debt crisis threatening to dissolve the Eurozone and the US with record budget and trade deficits the world is facing a monetary crisis.
Central to the sovereign debt, housing and financial derivatives bubbles has been the provision of cheap and abundant credit. Money that has been simply manufactured from the keyboards or printing presses of Central bankers. As long as the financial system allows the effective counterfeiting of paper currency to meet ever increasing central spending – inflation and instability will ensue.
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Strategic Estimate is Khilafah.com's annual assessment on the global trends, the emerging trends and the developments that have taken shap...
A debate is currently taking place in the Muslim world on whether democracy is against Islam or not. With Islamic parties taking power in Morocco, Tunisia and Egypt thi...
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Introduction
For the Muslim World, 2011 will remain long in the memory when the hist...
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Strategic Estimate 2011 is the second annual assessment of the global balance of power by Khilafah.com. Our assessment focuses on the glob...