China faces its own similar to 2008-2009 financial crisis and it is a very interesting moment whet will be its reaction. Will it follow the FED and EU practice of a massive money print in an effort to save its troubled banks, or will leave them meet the consequences of their investments.
Read more...Bernanke in a verbal blow crushed yesterday almost all of the markets. It is s good moment to prove that the market consists of fools, attracted there to gift their money to the rest the minority of clever mafias that stay behind the processes.
Read more...Jobs data marked some more positive than expected values and much analysts questioned on the future of the bond-buying program of FED. This discussion goes for already some weeks carefully fueled by FOMC members verbal interventions. Seemingly FED will cut the money print in an answer to the economic recovery.
Read more...These days Turkey is under a revolution. Many analysts see in this a continuation of the Arab Spring. Others see another manifestation of the cruel invasion of Internet and Facebook in politics. But most miss one very important moment the economy.
Read more...The Central Bank engineers finally have started to discover the genius of negative interests. Just as expected and commented in some articles in this blog, it was a question only of time someone to decide to pass the absolute forbidden border of zero and discover the Universe of negative numbers. It is a logical and a natural evolution of the madness of money-print.
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