Why the EU is screwed, from our friends at Der Spiegel: Print PDF
George Soros called an “ultimate bubble” in gold at Davos today, inflated by the ultra-low interest rates. I can’t say I disagree. The general economic malaise and uncertainty has pumped gold up bigtime, and it will steadily deflate as confidence returns (not to mention whatever machinations the central banks and IMF have going on in [...]