Posts tagged as:

QE2

Ireland is Breaking

November 10, 2010

Ireland’s been having to deal with a serious banking crisis which won’t go away.  However, things just got worse for Ireland:  this week Ireland’s debt hit a level that has spooked investors into predicting that Ireland will be the next euro zone nation to require a bailout. Two years of government bailouts have merely broken [...]

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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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