Developments in Europe have dominated the world’s economic headlines in recent days and have obscured some good news from China. In this week’s newsletter, we will cover the background of these important events and their meaning to global investors.
Making Sense Of The European Chaos
We have long believed that the European currency union will not survive in its current form and that some governments will never pay off their huge bond debts. Recent news about the European sovereign debt crisis has been negative and supports our bleak evaluation of the situation. However, . . .
Continue Reading: Making Sense Of It All



