Global economic conditions seem to be plunging along with temperatures for much of the developed world. 2011 was a difficult year and will be remembered forever as the year of the sovereign debt crisis; the never ending Eurozone debacle came into sharp focus and so did the increasing US debt burden and the country’s astonishing inability to take decisive measures to deal with it. More…
Tag Archives: middle east
Time to break out the bubbly? Reply
ecent events must have reinforced your doomsday scenario, Mr. Gloom. First we had (and still have) turmoil in the Middle East, which caused crude oil prices to skyrocket yet again and slowly approach 2008 levels. The massive earthquake/tsunami in Japan has put the world’s third largest economy on ice for the time being. More…
