It is customary for older people to talk about the loose morals of the younger generation, the increased corruption, and lamenting ‘In our times things were not as bad’. Frankly some of the horror stories that I have heard in banking channels makes me wonder, if I have no clue of the eps, why bother […]
If there is one China lover, it is Marc Faber. Yes Marc Faber the author of the Gloom, Boom & Doom Report says China is overdoing it. “it does not make sense for China to build more empty buildings and add to capacities in industries where you already have overcapacity. I think the Chinese economy […]
Ok the jury is still out on this. Once the Pound was the main currency of world trade, then it slipped. It took a couple of world wars, a depression, huge geo-political changes – big parts of the world shifted out of the Pound’s control…and the dollar became the King. However it was not easy […]