Breathing Space

The piece below was written in January 2008 - I though it worth revisiting. Fears of recession were running high. I guess that everyone participated!
Today the international stock markets collectively took quite a dive. Bears dominated the markets. Fears of a US led global recession are gripping the planet! Expectations are running rife of a […]

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Europe and the US are now officially in recession. The recent announcement from the US that the country had been in recession since December 2007 came as no surprise. Many had been stating the case over the last year.
South Africa’s growth figures remain in positive territory. But only just. Latest growth figures has us close […]

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There was a time not so long ago when currencies were linked to gold. A typical bank note would say “I promise to pay the bearer the sum of $100 in Gold” or words to that effect.
All currencies were fixed in relation to other currencies and in relation to gold. Only central banks or governments […]

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Europe is now officially in recession. The US seems to be following suit. South Africa has not escaped the devastating effects of the global financial crisis, but is not partiocipating in the recession.
South Africa still has growth in the economy. As the world markets show signs of recovery, the local currency - the rand - […]

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The economic crisis sweeping the globe has prompted many into selling their equities and postponing the decision to buy a home. Warren Buffet has recently stated that now is the time to buy. He has the means to buy anything that he wants and is active on the bargain trail. With markets of all sorts […]

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