Dec 2, 2010

Advanced Economies Will Have To Spend Less, Consume Less, Import Less

“Advanced economies will have to spend less, consume less, import less and save more for years to put the economy back on track. The monetary easing came after inflation readings stood below the central bank’s target.”

in Taipei Times

Related: SPDR S&P 500 ETF (NYSE:SPY), iShares Russell 2000 Index (ETF) (NYSE:IWM), iShares MSCI United Kingdom Index (ETF) (NYSE:EWU), iShares MSCI Spain Index (ETF) (NYSE:EWP)