Sunday, 10 February 2013



17% of China's billionaires under investigation or arrest: Although the number of dollar billionaires in the country has swelled rapidly from 15 to 250 over the past six years, they have loss their wealth as fast as they made it. Around 17% are said to be under police investigation or have been arrested because of financial crimes
Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%: Here comes Venezuela and shows the banana republics of the developed world what lobbing a nuclear bomb into a currency war knife fight looks like:
Jim Rogers: US Economy In Decline: Video - Tomorrows Economy Driven By People Who Make Real Things
Fed Governor Raises the Specter of a Bubble in Junk Bonds: Some financial markets are showing signs of overheated speculation as investors take larger risks in response to the persistence of low interest rates, a senior Federal Reserve official said in a speech on Thursday
USD Surges By Most In 7 Months As Stocks Stumble And Bonds Bid: Keep Calm and Keep Buying. We are sure this will be the message as for the first time this year, the Dow closed the week in the red.