Preview from Europe: Four Day Winning Streak Snapped [View article]
It's amazing isn't it, the public are left with a "bad bank" with all the "bad assets", whilst the REAL bad banks get all the publics money so they can pay themselves bonuses!
We also have the travelling circus act of Trichet and his sideshow Bob, reserve governer of Australia, Glen Stevens. Trichet is still looking for inflation with his head in the sand, whilst Stevens did not want to interupt his summer holiday for a rate cut!
Preview from Europe: Four Day Winning Streak Snapped [View article]
We also have the travelling circus act of Trichet and his sideshow Bob, reserve governer of Australia, Glen Stevens. Trichet is still looking for inflation with his head in the sand, whilst Stevens did not want to interupt his summer holiday for a rate cut!