It never ceases to amaze me how people think that printing more money [QE] as they call it ,will fix the problem. Both Europe & USA are basically broke, & the only thing to sort it out is lots of pain. Nobody wants to be the bearer of this so they take the easy option, & print more money.
My best guess is that 2013 will be really bad,as the pressure is going to build everywhere, & those with money are going to protect it more & more,as they see the dark clouds!
