Bob Hoye, esteemed economic historian, gives us a wide ranging review of what’s happening now and what will happen next in the world economy. There’s more good news for the US Dollar and more bad news for the rest of the world’s currencies. Further contraction in the world economy, the world’s stock markets and more bad news for the world’s governments. Prices of most commodities will keep going down, but that’s good for mining profits as the key components for production will keep going down. Bob believes that Central Banking is pure folly, much like Daylight Savings Time.
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