No defence left against double-dip, says Roubini
The US, Japan and large parts of Europe have exhausted their policy arsenal, leaving them defenceless against a double-dip recession as recovery slows to “stall speed.” Latest from AEP at The Telegraph.

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Anyone got any thoughts on the impact of the large earthquake in NZ on the NZD? There is a sizeable amount of damage…$3 Billion NZD estimates so far.
Good Question.
BTW, I didn’t know our pal Gerry worked on Sunday…