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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (73614)1/16/2008 5:57:18 PM
From: RealMuLan  Read Replies (1) of 116555
 
Crisis may make 1929 look a 'walk in the park'
Last Updated: 11:21pm GMT 29/12/2007
Page 1 of 3
As central banks continue to splash their cash over the system, so far to little effect, Ambrose Evans-Pritchard argues that things risk spiralling out of their control

Twenty billion dollars here, $20bn there, and a lush half-trillion from the European Central Bank at give-away rates for Christmas. Buckets of liquidity are being splashed over the North Atlantic banking system, so far with meagre or fleeting effects.

...


telegraph.co.uk
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