Peter Souleles
Peter Souleles Articles
It has recently been stated by various writers in the press as well as politicians and thinkers such as De Bono, that the recession is up to 50% psychological. It is as if the populace must be put on medication or be made to attend...
For years we have all watched Zimbabwe in dismay as it printed trillions of dollars thinking it could out run the inflation rate. Recently however, the country finally woke up to itself and decided to allow prices to be set in US dollars...
People everywhere are depressed and confused. Their depression is due to their net worth being severely lacerated and their confusion arises as a result of not knowing what to do next.
The party was good while it lasted or at least that is what we thought. Unsolicited credit cards in the mail, automatic increases in credit limits, bank managers offering lines of credit at low rates of interest, large retailers offering...
