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The U.S. government repriced gold to $42 per ounce in 1973 and then decoupled the value of the dollar from gold altogether in 1976. Bank of America Re-Remics Cut Debt as Basel Looms – As of July 31, Standard & Poor’s had downgraded $2.4 trillion of the $3.3 trillion in structured-finance securities tied to the U.S. housing. the market-risk.
The New Gold Standard: 10 U.S. Housing Markets That Will Rule 2018; These Real Estate Trends Will Be Game-Changers in 2018; Boomers, Millennials, and the McMansions No One Wants
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2 New York Times – China Offers Tax Incentives to Persuade U.S. Companies to Stay 3 Handelsblatt – Germans fear huge loss of jobs from US tax reform 4 DW – US tax reform breaks global rules, EU says 5 Realtor.com – The New Gold Standard: 10 U.S. Housing Markets That Will Rule 2018