Liam Halligan and Ambrose Evans-Pritchard have two provocative columns this weekend that actually tie together quite nicely. The overall theme is governments debasement of their various currencies as they desperately try to reflate their economies. The lesson might well be buy gold and any other hard asset you can lay your hands on. Halligan takes […]
Posts Tagged ‘currency devaluation’
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Is Competitive Devaluation A Growing Threat?
Posted by Tom Lindmark on April 5th, 2009
Well the world is once again spinning on its proper axis. Uber-bear Ambrose Evans-Pritchard after a brief dalliance with optimism is once again viewing the world through his apocalyptic lens. In the Telegraph.co.uk he focuses in on Japan and Switzerland. Swiss consumer prices fell 0.4pc in March (year-on-year). Swiss CPI will be minus 1pc at […]
