Discussion in 'Wall St. News' started by thehangingman, Jan 15, 2007.
Thanks for posting this, HM.
I love articles like this, that are global, macro and well written, and that gives us clues as to where liquidity is being drawn from and is going to.
This is another good one and telling of what is about to come next. I believe there will be additional rate hikes around the world to include the US.
The best evil is to raise rates. Raise rates and you have a market correction/short term recession, lower rates and you have an asset bubble ecompassing the stock market and real estate that may take many years or decades to recover from.
thanks...i saw that story on "top <go>" a couple of days ago and didnt get a chance to read it...
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