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  - China Regains A Position Already Held 500 Years Earlier
at 2006-03-22 12:06:52
The New York Times has this most entertaining historical research on China's trade balances. Grim result: A few hundred years earlier the British got millions of Chinese opium-addicted in order to reduce their huge trade deficit. China had then - as now - no interest in imports from the occidental hemisphere.
The other newsclips come from Zimbabwe where the government prints currency in order


Source - http://prudentinvestor.blogspot.com/2006/02/china-regains-position-already-held....

  - Next Fed Staff Notice: Warsh Sworn In By Cheney
at 2006-03-22 12:06:52
  - Norway Wants To Trade Oil In Euros
at 2006-03-22 12:06:52
With the opening of the Iranian Oil Bourse only a few weeks away Norway has come forward with the idea to establish an energy exchange where products would be traded in Euros. According to an article at N


Source - http://prudentinvestor.blogspot.com/2006/02/norway-wants-to-trade-oil-in-euros.h...

  - Another High-Level Defection At The Fed: Ferguson Goes
at 2006-03-22 12:06:52
What is going on that a Fed governor resigns from his post 8 years before the end of the term? According to a press release Governor Roger Ferguson submitted his resignation


Source - http://prudentinvestor.blogspot.com/2006/02/another-high-level-defection-at-fed....

  - The Mogambo Guru's Disaster Schedule Hits Red Alert Level In March
at 2006-03-22 12:06:52
Today's release of surging consumer prices - the CPI rose 0.7% in January - appear to be another confirmation of the Mogambo Guru's pessimism for the short- and long-term outlook for the American economy. While his recommendations to buy more gold, silver and oil are not exactly new, the Mogambo now comes forward with another idea for a surefire money spi


Source - http://prudentinvestor.blogspot.com/2006/02/mogambo-gurus-disaster-schedule-hits...

   
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