Saxo Bank, the online trading and investment specialist, today releases their Q3 outlook that views Europe as insolvent, in a phase of denial of the actual problems and without a credible path forward. The Bank’s analysts also predict that growth in China will decrease to 6.5 percent, marking the next quarter as the low point for China and for world growth in general.
For the current crisis, Saxo Bank operates with a three-phase model that includes; Denial (which prompts policy-makers and central bankers to rely on quantitative easing and financial stimulus); Protest (where the public votes new governments which still fail to address the real problems) and; Mandate for Change (which forces policy-makers to take real action). According to the Bank, the EU has remained embedded in the first and second phases, having yet to arrive at a mandate for change.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/saxobank/56575/
Saxo Bank, the online trading and investment specialist, today releases their Q3 outlook that views Europe as insolvent, in a phase of denial of the actual problems and without a credible path forward. The Bank’s analysts also predict that growth in China will decrease to 6.5 percent, marking the next quarter as the low point for China and for world growth in general.
For the current crisis, Saxo Bank operates with a three-phase model that includes; Denial (which prompts policy-makers and central bankers to rely on quantitative easing and financial stimulus); Protest (where the public votes new governments which still fail to address the real problems) and; Mandate for Change (which forces policy-makers to take real action). According to the Bank, the EU has remained embedded in the first and second phases, having yet to arrive at a mandate for change.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/saxobank/56575/
Arianna Huffington, founder and chief-executive editor of the Internet-newspaper “The Huffington Post”, was honored with the Aenne Burda Award during the last day (January 24) of the international digital conference DLD in Munich. Dr. Maria Furtwängler-Burda consigned the trophy, a statue of Pallas Athene. The award honors successful and creative female entrepreneurs with visionary ideas from the digital world, this year for the seventh time already. Maria Furtwängler pleaded in her laudatory speech for female empowerment as start-up founders. Arianna Huffington could serve as a role model here: “Arianna Huffington experienced backstrokes and was never deterred by them – her fearlessness is a stimulus for women, to get active themselves.”
To view Multimedia News Release, go to http://www.multivu.com/mnr/53749-hbm
Uncertainty and erratic moves will be the norm rather than the exception reports Saxo Bank, the online trading and investment specialist, in its economic outlook for the third quarter of 2011. The second half of 2011 will be volatile and the uncertainty almost as great as during the financial crisis.
The most probable outlook for Q3 is that the world extends monetary stimulus across the global economies. This will bring marginal higher growth but also increase the burden on fiscal payments and a need for structural changes. Any long-term solution needs to be forward looking and involve an agenda for dragging Europe out of the low growth stalemate. A solution based on buying more time will only take us closer to the feared full blown Crisis 2.0.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/saxobank/50522/
Glenn was sent a padded package with a flash drive that contained the Spread The Wealth Strut videos.
Now he can join in with Paris Hilton, Donald Trump, Wild Bill Cooksey, The Masked Performer, and Jimmie Vestal who are struttin’ and having fun helping President Obama as he heads the world in spreading the wealth.
Marshal Hawkins is standing at the Area 51 Distribution Center for your cash to drop from chartered planes.
