The World Economy Is Heading Towards A Black Hole


The World Economy: Be Afraid -- Economist

Unless politicians act more boldly, the world economy will keep heading towards a black hole.

IN DARK days, people naturally seek glimmers of hope. So it was that financial markets, long battered by the ever-worsening euro crisis, rallied early this week amid speculation that Europe’s leaders had been bullied by the rest of the world into at last putting together a “big plan” to save the single currency. Investors ventured out from safe-haven bonds into riskier assets. Stock prices jumped: those of embattled French banks soared by almost 20% in just two days.

Read more ....

My Comment: A sobering assessment on where we are. Read it all.

Grab The Post URL

URL:
HTML link code:
BB (forum) link code:

Leave a comment

  • Google+
  • 0Blogger
  • Facebook
  • Disqus

0 Response to "The World Economy Is Heading Towards A Black Hole"

Post a Comment

comments powered by Disqus