Friday, September 2, 2011

Wage slaves should be fearful.

I had a conversation with someone who said he is living hand to mouth and that he is somewhat worried with how things are developing in the world now.



Source: Bloomberg.

The Eurozone debt crisis, the persistently high unemployment in the USA, the political instability in the Middle East and the credit tightening in China seem like a recessionary cocktail.

Although Asia is where we find