There are 15.9 million people unemployed in the Euro area of sixteen nations and 23 million in the wider EU27. In America there are 14.6 million unemployed or on temporary work but who would like full time employment (This is the U6 measure of US unemployment) and in Japan there are 3.3 million. Making a …
So more QE from the Fed which will pressure the BoE and the ECB to do the same at some time in the near future. Time to ask, again, what happened to all the money we put in so far? And why didn’t it solve things the way we were told it would? Back when …
Well experts across the pond think that the U.S. markets have already largely priced in at least $500 billion in new money courtesy of QEII expected in just a few days. Which means if there less than the anticipated amount or, Mammon forbid, the whole thing is put off till December, then we can expect …
QEII unintended consequences, unseating the dollar and GOLD speculation Read More »
