Listen and learn: The world is bleeding green

Ambrose Evans-Pritchard

By GERALD CARROLL
geraldcarroll@hotmail.com

Like the guy you see on the street carrying a hand-scrawled sign that reads “Repent!” or “The End Is Near!,” Ambrose Evans-Pritchard is at it again.

But he’s right, just as he has been throughout his journalism career, primarily with the London Daily Telegraph. He was right about the corrupt Clinton Administration, about the Oklahoma City bombing and about world economics.

So, everyone had better listen to this, because he’s got it right – again.

Ben Bernanke

In particular, note the attitude of Fed chairman Ben Bernanke, the idiocy of the European banks – and the truth that, compared to the wreckage of international finance, the US remains a safe haven.

Be reminded that Japanese banks have had zero interest rates ever since the commercial property market seized up in Tokyo in the early and mid-1990s. Hey, guess what? America will soon to to zero interest. What then?

Barack Obama? John McCain? Who cares? What's the difference? Better to keep up with what's happening in London, Hong Kong and Tokyo.

It’s time for a reality check. Watch your back, your company, your money (or what’s left of it) and your life.

Hug somebody.