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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (46069)2/8/2006 12:14:11 AM
From: regli  Read Replies (2) | Respond to of 116555
 
Date: Tue Feb 07 2006 20:50
trotsky (@contracting global liquidity) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
liquidity has been under pressure for some time, but has taken an additional big hit only yesterday with the Bank of China conducting a huge mop-up operation...the biggest in history.
of course it's quite clear that as soon as asset prices take a big hit, the central banks will blink right away - nobody wants the debtberg to collapse on their watch after all.