Links to global economy, financial markets and international politics analyses
Wednesday, May 9, 2012
Global Meltdown of Historic Proportions & A Fork in the Road
"With continued volatility in many of the key global markets, 40 year veteran, Robert Fitzwilson wrote this exclusive piece for King World News. Fitzwilson is founder of The Portola Group, one of the premier boutique firms in the United States. Here are Fitzwilson’s observations: “The Central Banks have been pursuing a very flawed strategy. Unfortunately, full speed ahead might be the only remaining alternative. Printing money to stimulate growth, in the face of declining/aging workforces and falling productivity, will result instead in lowering aggregate real returns for investors and exponential depreciation of fiat currencies..."
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