Thursday, March 25, 2010

No news to readers of this blog

March 26 (Bloomberg) -- The euro rebounded from a 10-month low versus the dollar after European Central Bank President Jean-Claude Trichet said he welcomed a European Union agreement on an aid plan for Greece. Europe’s currency gained against 14 of its 16 major counterparts ...--
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Comment: I'm getting tired of saying "I told you so". Yet this feat is not due to any superiority of mine. The fact that I am so often right in a sea of nonsense is a consequence of the sad problem that so many analysts and commentators are outright dumb, including not only one among the holders of the Nobel prize in economics. Sadly so.

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