Deflation increases the debt burden. Inflation will eventually be the only way out for sovereign debt. If it would only happen sooner rather than later.
05/01/2010 GM pays back loan??????
http://www.forbes.com/2010/04/23/general-motors-economy-bailout-opinions-columnists-shikha-dalmia.html
Nice!
The market has either topped or we will make one more run towards a new high, then look out below.
2nd half of 2010 will be like 2008.
Nice!
The market has either topped or we will make one more run towards a new high, then look out below.
2nd half of 2010 will be like 2008.
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