World Economy 3
By Steve
Thu, 30 Oct 2014
- 324 reads
Germany's austerity measures have helped to create a Europe that is either in deflation mode or on the edge of deflation.
Asia's growth has slowed dramatically also.
Economics, once again, is a zero-sum game and who wants to engage in such a game? China buys up the dollar. Americans buy up the Euro. The Indians buy up the Euro. Russia buys up the Chinese dollar. Or something like that. What's the point of doing anything?
This is tomorrow's zero. All you can do is enlarge the market.
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