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How Speculators Are Causing the Cost of Living to Skyrocket

by Markus Dettmer Sunday, Jun. 15, 2008 at 9:06 AM
mbatko@lycos.com

Speculation results in preposterous exaggerations, with real consequences for the economy. The excesses of financial markets are sending the world economy into convulsions. The financial markets have developed into a "monster" that needs to be tamed (Horst Kohler).

to read the article published in: Spiegel, 6/13/2008, click on

http://www.spiegel.de/international/world/0,1518,559550,00.html

www.mbtranslations.com

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This is why I LOVE INDY MEDIA !!!!! sidestepper Wednesday, Jun. 18, 2008 at 6:56 PM

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