Posts Tagged economy

Foresight & Hindsight

Say, “I hold not for myself [the power of] benefit or harm, except what Allah has willed. And if I knew the unseen, I could have acquired much wealth, and no harm would have touched me. I am not except a warner and a bringer of good tidings to a people who believe.” [7:188]

Watch this conversation of investors Jim Rogers, Marc Faber, and Daniel Yergin recorded in 2003. It is interesting to see their forecast.

Click here to see the video

Things discussed: save, invest, China, India, US, Japan, Netherlands, Turkey, Europe, entrepreneurial culture, gold, oil, stock, trends, globalization, infrastructure, currency, debt, system, population, policy, power play, consumption, English language, Chinese language, world economy

Here is the video posted on YouTube:

The Riverside Conversations: a series of conversations for television hosted by Jim Rogers. Each installment will be 50 minutes long and concentrate, in depth, on one important issue.

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Riba Is Evil

$4.8 trillion is the Riba on U.S. debt.

The sad thing is that some Muslims still believe in interests or argue that interests-based economy is the solution.

Just remember, if something is good, Allah won’t make it Haram. Because Allah is the all-knowing and the most merciful.

Interest/Riba is Evil.

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Save Your Dollars

Five suggestions to save your Dollars:

  1. Buy gold, silver, commodities, or even beneficial things that you can store (stable food)
  2. Invest in Japanese Yen or Chinese Yan
  3. Invest in growth markets, like China or farming in Brazil
  4. Invest in practical education
  5. And the most wise move is: Invest it with Allah

Related Links:

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The American Dream

A interesting radio documentary about “American Dream” from American RadioWorks.

It’s important to learn from history. In this documentary you can see how different trends of saving and spending have developed and evolved.

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