Economy definately getting out of hand.

More than onehundred municipalities and states in USA on the verge of economic collapse .

Crude oil price surging fueled by Asia strong growth , makes west recovery much more difficult , while some economies of this part of the planet struggle to cope with deficits in angush .

Social unrest and political discredit is further bleeding countries suffering from stangflation in a worsening spiral trend .

The dollar furiously pressed downwards is even confusing gold . Money does not know where to go . Volatility is in charge .

For the time being the only instrument that may stop dollar from deteriorating deeply , is the potential default of some of the european PIGS . Thus Germany and France doubts on rescue packages .

China perceives the situation and should help stability in exchange for more power in world institutions .

2011 is going to be a year to remember .

Brahmason

Anuncios
Published in: on enero 22, 2011 at 5:46 pm  Dejar un comentario  

The URI to TrackBack this entry is: https://brahmason.com/2011/01/22/economy-definately-getting-out-of-hand/trackback/

RSS feed for comments on this post.

Responder

Por favor, inicia sesión con uno de estos métodos para publicar tu comentario:

Logo de WordPress.com

Estás comentando usando tu cuenta de WordPress.com. Cerrar sesión / Cambiar )

Imagen de Twitter

Estás comentando usando tu cuenta de Twitter. Cerrar sesión / Cambiar )

Foto de Facebook

Estás comentando usando tu cuenta de Facebook. Cerrar sesión / Cambiar )

Google+ photo

Estás comentando usando tu cuenta de Google+. Cerrar sesión / Cambiar )

Conectando a %s

A %d blogueros les gusta esto: