Business

It appears as though the ECB has had enough of the thorn in its side that is Germany in this latest round of back and forth, and has taken to what it does best: jawboning. In an article published today in the Frankfurter Allgemeine Sonntagszeitung newspaper, executive board member Benoit Coeure writes a rambling article defending ECB's policies, tells Germany that the ECB is the reason for its economic success, and downplays the issues that any savers may be having under NIRP.

Submitted by John Rubino via DollarCollapse.com,

China’s historic post-2009 debt binge flew largely under the radar - fooling most observers into thinking the global economy was recovering rather than just re-leveraging.

By Nick Colas of Convergex

10 Stats About The Last 10 Years

The non-European countries always enjoy themselves by pointing fingers at the weaker European countries as the main culprits of the current economic crisis and Greece, Spain and Portugal are always being targeted as ‘worrisome’ countries. Even China, which is still experiencing a growth rate of 6% is being used as a reason for the weak world economy. However, the situation of the US economy isn’t that great at all.

Is it possible to time the market cycle to capture big gains?

Like many controversial topics in investing, there is no real professional consensus on market timing. Academics claim that it’s not possible, while traders and chartists swear by the idea.