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Dear GlobalRisk Community member,
"When Money Talks, there are few interruptions" -- Herbert V. Prochnow
The latest Fed programme of buying up $600 billion worth of bonds is known as "quantitative easing 2" or QE2, not to be confused with the cruise liner of the same name. It looks like quantitative easing has come to be the single largest monetary po...
"100% of the shots you don't take don't go in" Wayne Gretzky
Dear GlobalRisk community member,
The major economic news of the last period included the decision of the Japanese Central Bank to print even more money than their European counterparts to try to drive down the Yen. It seems that the major economies are trying to compete now as to who can create the most money. Investors were positioned for what we thought would be a double-dip recessi...
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