Aug 30 (Reuters) - Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen Jiabao in Beijing on Thursday. Remember, Germany's the economic engine of Europe, and China is the economic [...]
The Greek exit from the Eurozone, and from the Euro currency, is back on the table. Can the can be kicked down the road further still? Are we running out of road? Even his majesty Chief Keynesian Cheerleader Paul Krugman is admitting it: From Krugman's Blog: Some of us have been talking it over, and [...]
See video below. Investor Hugh Hendry understands George Soros: "The richest people on the planet become socialists"; "Socialism is when you build a moat around the castle." Mr. Hendry is responding to a recent Bloomberg interview in which Soros decried German determination to cut their deficit spending (Imagine their arrogance!). Citing the "needs" of other [...]
