What to make of the world today? You have interest rate cuts in China, bombings in India, wretched economic data in America, onerous taxes in Great Britain, and a new era of deficit spending in Australia. If this were a Bad News Digest, we would have to print an extra edition today. Let’s start with the news in China. The central bank there cut one-year interest rates by over one percent to 5.58%…
November 27th, 2008 | Dan Denning | 4 comments | Continued
