The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (50276)	3/9/2013 6:44:37 AM
From: maceng2	Read Replies (1) of 71477

Yeah, RIP Hugo. BoE update. Carney will ‘ditch inflation targets, slash interest rates and push more QE’ Gieve, who joined the Bank of England in 2006 before the financial crisis hit, admitted the BoE had allowed imbalances and instability to build up in the banking sector. "Banks are dangerous beasts and we allowed leverage in banks to get completely out of hand," he argued. He said there had been a "tremendous consensus" among economists, banks, governments, regulators, journalists and investment managers before the financial crisis that they had "cracked" how to effectively manage a modern market economy. Gieve said that was "rubbish" and every element of that consensus turned out to be wrong. Read more: http://www.professionalpensions.com/professional-pensions/news/2253553/carney-will-ditch-inflation-targets-slash-interest-rates-and-push-more-qe#ixzz2N2fTgKM8 Professional Pensions - News and analysis from the pensions market. Subscribe now.

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