Recovery a Hoax

Traveling through Europe the last couple of weeks brought a closer insight in the economic development underway.Meanwhile the US Dollar has fallen in an opposed direction compared with stocks, gold, and the rest of...

Inflation will cost the Chinese dear and worse to lose face

There are two big bubbles now. There is the familiar one in federal government debt. The other is the Peoples' Republic of China.Anyone who thinks China can save the world from recession needs to read former Morgan...

Memories are short lived

Just to remind what recently has happened, there was:•    The biggest stock crash in history•    The biggest property crash in history•    The biggest deficits in...

Europe Inflation Falls to 2.1%

Inflation in Europe fell sharply to 2.1% in the biggest drop in nearly 20 years. Meanwhile, unemployment has shot up, with Spain hit the hardest of the Eurozone nations.Further rate cuts are expected in the coming...