I am not getting into whether the future is very bright or very bleak. That is not the aim. Clearly the world that matters i.e. the so called developed world is living beyond its means, and the rest of the world does not know what to do. The Greeks classify everything as a dangerous profession […]

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Germany decided to bail out Greece – or rather joined the bandwagon of ‘Greece bailout helpers’. In its heart perhaps the Germans know (knew) that this is not a great deal after all. Of course the market had to tell the German government what it thought. So the market started selling Government bonds. The Government […]

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