Even the thought of it is simply the product of our gross incompetence in forecasting.
Am I crazy to think that a one-time devaluation of residential and commercial properties offset by a government refund will do more good than harm? The refund will come in the form of government bond notes that one could sell (increase money supply) or hold as part of their portfolio. The devaluation will come with a government backed guarantee to keep average property price growth stable (much like they do with inflation targetting). [more]
I fully appreciate the differing views of the bulls and bears on the US, emerging market, and global economy. However, we all seem to be missing the most realistic scenario. Let me present to you, the common sense scenario. [more]
Or is the market way over its head? [more]
Grupo Casa Saba ("Saba", "GCS", "the Company" or "the Group"), one of the leading Mexican distributors of pharmaceutical products, health and beauty aids, personal care and consumer goods, general merchandise, publications and other products. [more]