At What Point Do We Halt Stimulus?

Daily PostDecember 02, 2009

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Summary


THE investment world always gives food for thought, but the kitchen appeared to intrude more literally last week, when US Thanksgiving Day was marked by the Financial Times publishing a supplement entitled Investing in Turkey.

On the same day as America celebrated the reaping of first harvest, it was disclosed that the Chinese authorities were concerned about speculation in garlic, hoarding of which had pushed its price up more than tenfold this year.

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At What Point Do We Halt Stimulus?

This was attributed to a halving in the acreage planted, with the resulting scarcity exacerbated by abundant liquidity in the economy cha...

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