World Economy: Illustrations that speak more than words.

Two very interesting graphs from DK Matai’s column on the World Economy and the risks.

I have very strongly believed that when the dust of the modern economic excesses is settled, the main culprits that will emerge will be the Credit Card companies and that culture they spawn. That in my view is most responsible for the spiralling deficit that US has incurred over the years.. where its citizens have become accustomed to consuming more than they earn and so forcing the trade to be lopsided! Americans are spending their kids out of prosperity!

This graph below helps you understand that the power of currency may be becoming weaker over the next few years as the liquidity increases … probably beyond certain levels that may be unsustainable… So, should you invest in Gold? and we thought we had cracked the Gold ceiling.. hmmm…

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