The Great Recession
An eponymous post (link above from the Australian).
Apparentlty the International Monetary Fund agrees.............this is The Great Recession.
Apparentlty the International Monetary Fund agrees.............this is The Great Recession.
posted by Peter at 11:36 am
1 Comments:
A quote from today's The Australian:
"Any wholesale retrenchment of Beijing's US dollar reserves would lead to a run on the US dollar and send interest rates up, in a greater economic disaster than the one the world is witnessing now."
...and that is precisely what is going to happen and why these are still the "good times".
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