Happy New Year - let’s hope 2009 will be better

Sorry for no posting in recent days - it was due to the Christmas holiday period. Anyway, there were no major important events during this time. I wish all of you Happy New Year, especially to those who really suffered from the crisis in their private lives. Let’s hope 2009 will be the beginning of the [...]

US interest rates reaching ZERO - can FED do anything else?

FED decided few days ago that the interest rates will be between 0-0.25%. In fact, it means that USA have ZERO interest rates. Now USA are the second big nation with such low rates (the second one is Japan - Japanese have had almost zero interest rates for several years now). Now FED has done everything [...]