*China M2 was 73 pct higher than U.S. "The amount of debt that China has taken in the last 5-7 years is unprecedented," said Morgan Stanley's head of emerging markets, Ruchir Sharma, at a book launch in Singapore. "No developing country in history has taken on as much debt as China has taken on on a marginal basis." » Read More
Tony Nash, Managing Director at IHS, says Japan has been getting a lot of pressure from other developed countries from its recent monetary easing.
While experts recommend tracking expenses to rein in unbridled spending, it is possible to build a nest egg without accounting for every penny. Start by having your paycheck deposited into a master account, from which all big payments are auto-debited.
Look for a huge corporate spin-off, a major apparel merger, rock bottom bond yields, hedge fund failures and an election defeat for President Obama.
With fiscal instability plaguing the U.S. and Europe, some want a return to the past and a restraint on money supply.
What were some of the worst inflation situations in history and how did they come to be? Click to find out!