Thursday, October 7, 2010

Video: Meltup

This is a highly-educational video on current US economic conditions which highlights the risks of hyperinflation in that country. While this is not directly related to Singapore, the fact that the US is the largest economy in the world and currently the most important source of global liquidity (due to the Federal Reserve's zero interest rate policy) means that any problems there will have serious repercussions on our small country.

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