armadillo

Nouriel Roubini, One on One: More Doom and Gloom

Hmmmm Stagflation caused by our own over consumption and debt, while our creditors outbid us for everything.

Why Commodities May Be Nearing a Turning Point

I am still surpised when I see how far and for how long markets (people) can drive something too far in a particular direction. I guess you have to drive something further each time to keep the surprise factor going.