The beast with two bottoms

The spectre of a double-dip recession has hung over the world's stock exchanges since 2009, but never has the prospect of this second bottom stared investors in the face so much as in May 2011 It is still not clear whether the worsening mood across the world is only the sign of a further correction or something much more serious. Those who predicted that stimulating economies by increased governmental expenditure two years ago would have negative effects have proved to be right. Greece is now virtually bankrupt.  It is this country whose problems have effectively undermined stock exchange indexes. But also the downgrading of the US rating, the lowering of Italy's credit worthiness, the continuing problems in Portugal, strikes in Spain, as well as increasing worries about the division of the Eurozone...  all of this has cast a gloom over the global economy - and considerably so in Poland. Even the forecasted large amounts of extra cash staying in US financial circulation by the FED on