Posts tagged as:

deflation

Fed Pumping Scorned by China, Russia

November 8, 2010

Remember last week when the Federal Reserve agreed to pump $600-900 billion in another “quantitative easing” (QE2) strategy to stimulate the economy?  Well, China and Russia are not happy about it, and Obama doesn’t seem to care!  Obama might look good with a lyre.  Yes/no? Why is this important?  Russia and China are two nations [...]

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China’s #2 Economy

August 16, 2010

The figures are in and as of the second quarter of 2010, China has surpassed Japan as the world’s second largest economy.  Not bad, but in late 1800s, China technically had the world’s second largest economy too — it’s all a matter of perspective.  Don’t worry, the Japanese don’t sweat being passed by their historic [...]

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