Europe is falling apart and economies both small and large arenâ€™t immune to fears of a meltdown. While Spain and Italy are getting the most attention, you also need to pay attention to France. With the countryâ€™s negative economic numbers and wide exposure to both Greece and Spain, the future doesnâ€™t look good for Les Bleus, which is even worse news for the euro (EUR).[Read more...]
Your editorâ€™s father passed through town last weekend to share a few moments with his son, and to take a shift at the front door dispensing Halloween candy to trick-or-treaters.
During the course of the visit, your editorâ€™s father also dispensed an amusing array of anecdotes and old jokes. One of those old jokes described the difference between an optimist and a pessimist:[Read more...]
It’s no secret that the United Kingdom, like the other industrialized economies, is going through a bit of a hard spill. Growth is slow, barely above par for the year, and inflation is rising hard and fast. Inflation is rising so fast, in fact, that British law required Bank of England Governor Mervyn King to address the situation personally in a letter to the newly elected Chancellor of the Exchequer George Osbourne.[Read more...]
Oh my…oh my…
Locusts…earthquakes…tornadoes… What next? Fire and Brimstone!
There’s a plague of locusts eating crops in Australia…
Earthquakes are becoming more common…after devastating quakes hit Haiti and then Chili.
“We could definitely feel it in Buenos Aires,” said our friends. “It was very unsettling. The heavy blinds we have up outside began smacking against the house as if there were a wind storm. But there wasn’t any wind.”[Read more...]
It’s been declared countless times in the mainstream media that the economy has recovered. The US is out of recession and good times are back again. Yet, there is plenty of data to support that this is not the case. Seven of the top warning signs that the US economy may be hitting a wall are highlighted below.[Read more...]