Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
today is interesting as we teeter on the brink of either deflation or inflation, and it's still not clear which way we'll go (I've used occasionally the image of the upside down pyramid, which is now unstable, but it's not clear which side it'll topple on, as one side is being propped up - but maybe too aggressively...)

And these two destinations bring about completely different answers to your question.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Thu Dec 31st, 2009 at 08:02:40 AM EST
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