DABERIAM LXV

Since September, when I last tried to string together some logical thoughts, nothing much has really changed. The fashion for gloom is still prevalent, even though news from around the world is relatively good and would be a lot better but for Europe.

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DABERIAM LXIV

Everywhere you look gloom is in fashion. The glass is half-empty in the West...

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DABERIAM LXIII

The extraordinary events of the last two months both in Europe and the USA have now resolved into some kind of stability...

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DABERIAM LXII

Since April there have been few significant events compared with the first quarter. The earthquake in Japan and the tornadoes in the USA have had considerable economic impact...

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DABERIAM LX

As January goes, so does the rest of the year. Excuses by Central Banks abound, but it’s beginning to dawn on everyone that inflation is here and serious.

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