Sweden’s Central Bank Is Already Fighting the Next Bubble

by | Dec 29, 2010 | Towing

While most of the world’s central banks are still fighting the last war, Sweden’s Riksbank has moved on to the next one. Rather than looking at conventional inflation gauges, the world’s oldest central bank is basing its action…

China Stole the Show in 2010. Next Year May Be Tougher

by | Dec 27, 2010 | Towing

While the U.S. struggled with near-10% unemployment, China grew at that same pace over the past year. But the country faces massive internal problems that leave it in a far more difficult situation than the praise constantly he…