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This for That A guide to Cooking and Baking Substitutions  #Cooking #Food #infographic

This for That A guide to Cooking and Baking Substitutions #Cooking #Food #infographic

Clearly, the impact is (relatively) largest for our neighbors, Canada and Mexico. But the impact on some other economies in a precarious state –- the UK, Germany, China, and Japan –- is also noticeable.    I would further note that expansionary monetary policy -- such as implemented recently by the Fed in QE3 -- cannot offset completely the contractionary impact of contractionary fiscal policy.

Clearly, the impact is (relatively) largest for our neighbors, Canada and Mexico. But the impact on some other economies in a precarious state –- the UK, Germany, China, and Japan –- is also noticeable. I would further note that expansionary monetary policy -- such as implemented recently by the Fed in QE3 -- cannot offset completely the contractionary impact of contractionary fiscal policy.

The speculative long position in long duration US Treasuries is approaching a decade high.

The speculative long position in long duration US Treasuries is approaching a decade high.

The Chinese economy is the real driver of commodity prices.(June 15th 2012)

The Chinese economy is the real driver of commodity prices.(June 15th 2012)

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