More Panic than is shown: At first glance, the European Central Bank’s QE program appears to be working. Asset prices are up. Old bubbles, like the property market in Spain, are reflating. But look closer and you’ll see that things… Continue Reading →
The Picture: The obvious fact is not ‘incompetence’ that has brought the World economy to its economic knees and the imposed increase in taxes and economic policies of austerity that involve countries facing catastrophe to be bailed-out by contributions from… Continue Reading →
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