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Dollar and pound knackered

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    Dollar and pound knackered

    And the Chinese know it

    http://www.telegraph.co.uk/finance/b...ebauchery.html

    The markets' recent optimism and Beijing's fears may have the same origin. The abundant money the Anglo-Saxon central banks have been printing has not held down government bond yields but does seem to have given life to equity markets and the prices of other risky assets.

    But if these markets fall, the positive impact of the printed money will also evaporate. Another bubble blown by money creation will have burst. Only recession and debt would remain. The Chinese are right to be concerned.
    Yay I found some doom
    Knock first as I might be balancing my chakras.

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