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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (43433)	12/4/2008 7:31:48 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217825

<<China imported 31%, exported 41% of its GDP>> ... that is a strength, a goodness, especially when much of the export is made from import. we are, btw, concerned about the dramatic decline of global trade, a second order effect. we should be concerned about the systemic collapse of american capitalism, a good thing, but a weighty thing, that is happening at exponentially accelerated pace, giving few a short time to adjust, a bad thing.

To: KyrosL who wrote (43433)	12/4/2008 1:05:28 PM
From: elmatador	Respond to of 217825

Deep Cut From Britain;to an all-time low of 2.0%, possibility rates could even fall to 0% next year. Lesser Trim From ECB Vidya Ram , 12.04.08, 09:07 AM EST Bank of England cuts rates to record low, in contrast to the somewhat more cautious European Central Bank. The Bank of England has cut its benchmark rate of interest to an all-time low of 2.0% on Thursday. As data over the past week--most recently on the service sector--have pointed to a deepening of the recession, analysts believe that there is a possibility rates could even fall to 0% next year. However, the U.K. central bank's aggressive monetary strategy is a marked contrast to the European Central Bank. The central bank for the euro zone cut its benchmark rate by 75 basis points, to 2.5%. The Monetary Policy Committee of the Bank of England said it was cutting the bank rate by 100 basis points to 2.0%, its lowest level since the bank was founded. The figure was in line with analyst expectations, though some had raised the possibility of a 150-basis-point cut after the country's service sector shrank to a record low on Wednesday.