Monday, December 06, 2010

US needs more quantitative easing!

It is frightening that the US needs any dose of quantitative easing. Although the first two round has caused havoc around the world - asset bubbles in Asia and the potential of the collapse of the US dollar.
SGEP

1 comment:

  1. Reminds me of the France's Mississippi Company and it's lion share owner, France's Minister of Finance at that time, John Law.

    Just a tiny request. Can someone make a comparison between France during John Law's time and present USA? (I'm not really an expert in Finance history) Thanks.

    ReplyDelete