Debt crisis in the headlines of the mainstream media again. Why do we care about the debt of Greece? Portugal? Spain? Why is high levels of debt deflationary? How can this excessive debt effect global recovery? We got help from Elliott Wave International to answer these questions. Credit Default Swaps Indicate Trouble for European Debt READ MORE |
Month: February 2010
Empty Malls in China
Mainstream media has been beeting the drums and announcing that recession is over. According to the experts recovery is well in progress. 3% GDP growth is expected in the near future. Virtually nobody sees going back to the March lows in the stock market. Let us put some cold water on this heated enthusiasm and READ MORE |