The news has been more than dismal for the last three months and the equity markets have certainly reflected fears of a renewed global recession. However, as interest rates are being held at historically low levels and growth continues to stall, the idea of a DEPRESSION is making its way onto the opinion pages of financial news.
Tags:'37er, Ambrose Evans-Pritchard, Bernanke, China, Democratic Party, depression, Eurocrats, Fed, George Soros, Germany, Gold, Milton Friedman, monetary stimulus, protectionism, surplus, ZIRP
Posted in Austerity, Commodities, Currency, Europe | 4 Comments »
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