Danielle was the third guest yesterday on This week in Money with Phil Mackesy, talking about recent developments in the global economy. You can listen to the radio segment here by advancing the play bar to 33:32.
Good discussion here on the distinction between capitalism and markets which are supportive of growth in the overall economy and those which are parasitical and damaging to economic strength. Here is the direct link.
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The US dollar index is breaking out through the next target of resistance this morning with the greenback advancing against every major currency including gold and silver.
Source: Cory Venable, CMT, Venable Park Investment Counsel Inc.
As nervous capital continues to flow away from the many troubled economies in the Eurozone, this pattern is likely to continue for a while yet.
Bank deposits in Greece are clearly in fright and flight mode. 
See: Europe’s economies: A false dawn .
Even more telling, are the capital flows running for the exits in China, see Hot money heads for China’s exit:
“A hurried exit of capital from China is flashing a warning sign for investors in the world’s second-largest economy.
For the first time since the Asian financial crisis, China’s foreign exchange reserves shrank in the last three months of 2011. A $20.6 billion slip still leaves Beijing with a monumental $3.18 trillion in reserves—more than enough for a rainy day.
But a quarterly fall has not been seen since investors fled Asia in the 1998 financial crisis. It reflects a marked turn of sentiment on the Chinese economy.
A smaller trade surplus, combined with valuation adjustments resulting from a fall in the dollar value of the euro share of the reserves, explains part of the fall. But the most significant cause of the decline appears to be the flow of capital out of China.”
