UNDER A BAKING SUN PROFIT TEARS THE WORLD APART.

The markets had there worst half year for decades. In fact the markets fell faster than during the first 6 months of the Dotcom crash. The first half drop was primarily caused by the fear of higher interest rates provoked by inflation. The second half drop will be caused by the fall in profit margins. The earlier than expected tapering of interest rates will not alter this. The world economy has effectively entered into recession. The only question is how deep,?