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Last week the Paul Volcker, a few current members Federal Reserve, and most of our trading partners at the G20 meeting warned Helicopter Ben that QE2 was too risky for both the U.S. and global economies.
FORBES: Fibonacci Says Sell, Dow Theory Says Buy: Here's 6 To Buy And Trade
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But in the view of the UK's Institute of Directors, whose members rely on demand from trading partners in the eurozone, this "has bought time, but that is all it has done".
BBC: Eurozone unemployment reaches new high
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Argentina has managed to anger several of its trading partners including China, the EU, and even members in MERCOSUR, the South American free-trade bloc, such as Brazil and Uruguay. (Read Best Steaks Coming Your Way:Beleaguered Argentine Beef Industry Set To Rebound).
FORBES: Trade Wars: How Overheating Led To A Conflict Between Brazil And Argentina