“We must accept finite disappointment, but must never lose infinite hope.” – Martin Luther King Jr.
Since last January, interest rate hikes have accelerated throughout the world. It’s simple: we might have returned to the pre-Lehman average rate level, according to a Bank of America Merrill Lynch study! It’s not surprising that, in such a situation, global cash is drying up internationally since it goes without saying that such a tightening…
The collapse in oil prices has not brought with it the happiness that had been counted on, since economic fundamentals have not improved. As for Western consumption, its slight progress is owed more to a further drop in inflation indices than to an increase in salaries and revenues that is worthy of being called so.…
Zimbabwe is no longer that country where prices would double basically every six hours, nor is it that nation where wheelbarrows were mainly used to transport banknotes in order to buy groceries. Having now vanquished hyperinflation, Zimbabwe is a country where today something else reigns…deflation! Whereas a few years ago its inflation rate had reached…