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Emergency action by Central Banks

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    #1

    Emergency action by Central Banks

    World central banks launch co-ordinated action to fight financial crisis - live | Business | guardian.co.uk

    This is to prevent another credit crunch which is on the cards. Markets seem to like it.
    Last edited by russell; 30 November 2011, 14:46.
    Tags: None
    #2
    Why take turns at debasing paper money when we can all do it together.

    Gold rising and dirty spekulants like me making a killing.

    Comment

      #3
      Dropping the cost of borrowing dollars in exchange for euros by 0.5%? Sounds like a very temporary reprieve to me.
      "A life, Jimmy, you know what that is? It’s the s*** that happens while you’re waiting for moments that never come." -- Lester Freamon

      Comment

        #4
        I know you think I'm awfully sqaure
        But Ive met everone and Ive been everwhere
        Lord I'd take an overdose
        If they knew whwats going down ..

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