The dollar's perfect storm worsens: Europe's inflation is likely to prompt its central bank to raise interest rates -- five days before the Fed is expected to lower them here. That's bad news for the buck.
Krugman: The making of a mess: How bad is it? Well, I've never seen financial insiders this spooked - not even during the Asian crisis of 1997-98, when economic dominoes seemed to be falling all around the world.
U.S. debt: $30,000 per American : Like a ticking time bomb, the national debt is an explosion waiting to happen. It's expanding by about $1.4 billion a day — or nearly $1 million a minute.
The world's ever-increasing grocery bill: The world’s grocery bill has jumped by 21% this year; Russian bread prices have doubled; and three people have been killed in a cooking-oil stampede in China.
No comments:
Post a Comment