Friday, 4 June 2010

Got Gold? Head Of IMF Policy-Steering Committee Says Fund Needs $320 Billion To Be “Properly Resourced”
Those observing the emperor’s lack of clothing are multiplying. Earlier today, someone opened their mouth, and remarked on the blatantly obvious. 

• U.S. National Debt 2010 


Chinese Exporters Ditch Wounded Euro for Dollars
Chinese exporters who made a big push only a year ago to bill in euros are increasingly turning their backs on the wounded European currency and demanding dollars instead.