In 2008, (most) people all around the world were caught up in a rude shock as they see one of the worst financial crisis crashed upon the shores of their countries. Equity markets everywhere crashed, millions of jobs disappeared and banks all around the world had to be bailed out by governments. Even the British Queen (Elizabeth … More Deleveraging crisis ahead?
May 1945. The Soviet Red Flag of the sickle and hammer flew over the Reichstag in Berlin. The guns of war fell silent for the first time since September 1939. As the Allies declared Victory in Europe (VE), Japan remained the sole Axis member to resist the Allied nations (led by the United States and … More When will the BOJ commit Seppuku?