FED’s secret plan against inflation

Please take a few minutes to watch this hilarious video from the onion network. Brilliant as usual, it highlights FED’s secret plan to reduce money supply and therefore prevent inflation from kicking in after such mussive printing. Treasury Department Issues Emergency Recall Of All US Dollars ...

US economy joke

This is just hilarious.

Too early to be optimistic

Wolfgang Munchau explains why the economic recovery might take much longer than anticipated, and why it is too early to be optimistic. All is down to the several crisis that are happening in the same time: property, credit, banking, food and commodities. And they are all happening while saving rates are at historical lows and the fiscal policy is quite constrained. He also points out that usually, property downturns...