BIS report doesnt look good
http://www.telegraph.co.uk/finance/economics/11858952/BIS-fears-emerging-market-maelstrom-as-Fed-tightens.html "We are not seeing isolated tremors, but the release of pressure that has gradually accumulated over the years along major fault lines," said Claudio Borio, the bank's chief economist. you can kill people for America at age 18 but need to be 21 to buy a beer |
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That may be, but the Fed going from 0 to 0.25% should be OK.
They've got to start sometime to end virtually no cost loans. Alex "There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge." -- Isaac Asimov |
BIS report doesnt look good
- (boxley)
- (1)
- Sept. 13, 2015, 09:18:46 PM EDT
That may be, but the Fed going from 0 to 0.25% should be OK.
- (a6l6e6x)
- Sept. 13, 2015, 10:08:56 PM EDT
