Link
Bloomberg.com: Worldwide
While the actions that have taken place over the last week and weekend may have averted a total meltdown of the Financial Market throughout the World.
I shudder to imagine at what cost this will likely cause, I well remember interest rates at 15%, as well as what effect this had on my own finances with having to pay my Mortgage.
Fortunately at that time I managed, just, thus saving my home from foreclosure.
I believe that we are indeed in for a very rough bout of rapid inflation that may well last for more than one or two years.
Comments please!