These are crazy times, even worse than those of South America in the 80's. Remember their inflation of over 2,000% a year? Back there their goverment exausted all intervention options; all possible interventionists ideas ever written in all economic encyclopedias of the world. Of course, nothing worked for them, even changing their currency name several times AND declaring martial laws to freeze prices! What worked for them, starting in the 90’s (specifically Brazil)? It’s simple: their government stopped spending and printing money.
These are indeed scary and desperate times. All because of greed, out of control spending, and addiction to gambling (derivatives anyone?).
Thanks again for writing your articles free of charge to us, and shedding some light amidst such insane times.
Options Trader: Friday Outlook [View article]
These are indeed scary and desperate times. All because of greed, out of control spending, and addiction to gambling (derivatives anyone?).
Thanks again for writing your articles free of charge to us, and shedding some light amidst such insane times.