Europe had a sovereign debt default. The dollar increased in value causing deflation (dollars were increasing in value without investing). Why would anyone with money loan it or bother investing ?
The Fed did pull the rug but like in Germany that is how they get 'Lean , Mean Fighting machines'
Europe had a sovereign debt default. The dollar increased in value causing deflation (dollars were increasing in value without investing). Why would anyone with money loan it or bother investing ?
The Fed did pull the rug but like in Germany that is how they get 'Lean , Mean Fighting machines'
thanks, insights that cannot be left out