…Calmly observing the changing world
The global economic crisis affects every country in slightly different ways. For Iceland, it meant a currency collapse, which is perhaps preferable to the non-currency collapse of Ireland, whose Euro-strangled economy is truly on the brink (Telegraph). But what about those countries that are already poor? Do they have even farther to fall, or will [...]
after hours bailout bank failures Bernanke bonds bull market China crash Cuba currency debt crisis DRYS dryships ECB economics election Euro Euro spread fascism federal reserve foreign currency Georgia GM gold Greece Iceland inflation interest rate cut interest rates international trade Japan limit down money Obama Obama Care Paulson retirement Russia sarcasm silver state's rights Switzerland Tea Party Tea Party Salem Oregon ZLB