What a week – Japan, Libya, QE2 or QEn, etc. The markets are in for a spin.
Now on the subject of Libya, the UN resolution gave the green light to mainly the US, the UK and France to go ahead and prevent Gaddafi’s forces from killing its people. Notice that Russia and Germany abstained from voting. Well Libya is certainly special – as in oil special – since we don’t seem to mind watching people getting killed in Yemen, or Bahrain or elsewhere in the Middle East. It seems we have just woken up: Gaddafi is this crazy dictator and …
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