This is indeed where are now. Failing banks; falling markets; felled regimes... Where is mankind headed, I wonder?
The good news.
We have a new US President who has to tackle the current crisis.
World commodity prices has fallen so inflationary pressures will not come from scarce commodities at least in the next 18 to 24 months.
All countries are coming together to get us out of this quagmire.
China is doing something to "jump shock" their economy.
we can all
The BAD BAD news
Recession, recession, recession
No signs that confidence is rebuilding in credit markets.
Putin and Russia has not said what it plans to do to get his country and the world back on track.
Europe is united yet divided still.
Pirates off Somalia are creating havoc to shipping, and hence stifling trade and raising costs/inflation.
Tell me more ....
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