The Bank for International Settlements, dubbed the "central bank of central banks", has signalled a need for central banks to withdraw monetary stimulus in favour of further economic restructuring. This is the final nail in the coffin. Capital, which so far has fuelled the asset bubbles, is set to head into reverse. Interest rates are shooting up. Economic growth can only head downward nationmultimedia/opinion/Its-war-in-the-currency-markets-30209217.html
Posted on: Tue, 09 Jul 2013 17:22:55 +0000