All over the world, people are breathing a sigh of relief. The end of the world did not come. Asian economies are still growing. Even with GDP falling at a 6% annual rate in the U.S.A., unemployment seems to be moderating…and house prices are falling not quite as fast as they were a few months ago.
May 4th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "pandemic"
Immoral Governments Pursuing Inflation With Gusto
The understatement of the day comes from Dow Jones newswires. “A pandemic would deal a major blow to a world economy already suffering its worst crisis in decades, and experts say it could cost trillions of dollars.”
April 28th, 2009 | Dan Denning | 7 comments | Continued