A new crisis emerging:currency crisis

I believe the next crisis will be a currency crisis not a housing or a banking one.In order to protect the US dollar (reserve money) and stop the threat of inflation,Fed should raise the rates rapidly starting from 2010.Investors have basked for months in a powerful stock and corporate credit market rally, but the glow may fade as unprecedented measures to kick-start flagging economies mean near-zero inflation and benchmark interest rates won't last forever.

A surge in bond yields in the United States and elsewhere portends a sustained period of higher interest rates, boosting the cost of capital for corporate and consumer Amer...

Food prices might go up again

Like a lion stalking its prey, another food price spike lurks as a threat to tentative global economies and poor nations in particular this year.

Last year's run-up in food prices sparked r...