Russian Publisher, Australian Columnist, Living In Dubai, Gazing At Two QE2s
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| “Frommer’s recommends the restaurant’s chicken fried goat with beans and an RC Cola.” |
Oddly, while searching for articles about Egypt’s erupting revolution, I discovered Moscow’s RIA Novosti columnist, Joe Barden, an Aussi financial maven way outback in Dubai. He writes a weekly column well worth checking out.
The one linked here, QE 2 – A Ship That Will Never Sail Again, is engagingly written and explains how the QE 2 came to be permanently docked in Dubai, and then muses convincingly about the other QE 2, the one that Federal Reserve Chairman captains, commonly known as quantitative easing. This is the program wherein the Fed will purchase some $600 Billion in federal securities from banks in order to provide them more money to loan – which, by the way, they do not appear to have much interest in . . .
In any event, read Barden’s column, and learn how the Queen Elizabeth 2 wound up in Port Rashid, terminally docked and slated for the hotel business. Then move on to that other QE 2 and get an intriguing viewpoint from an Aussi in Dubai!
In reference to: Sam’s Exchange: QE 2 – A Ship That Will Never Sail Again | Columnists | RIA Novosti
