Liberte World

Too much risk tolerated by the authorities, mistakes in the financial policy of the Federal Reserve and the politization of the real estate market have become easier by the policy of China, which invests current account surplus mainly, though not exclusively, in the bonds of the US government. While foreign countries notice a chance of [...]

The dog’s breakfast of an Obama stimulus package will cause another Great Inflation to follow the Big Recession, says Deepak Lal
There seems to be no end to the US financial crisis. Its deflationary effects are now spreading to the global real economy. With the new US administration’s ratcheting up the invective on Chinese currency manipulation’ [...]