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Strategies & Market Trends : THE ZERO HOUR -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (5)10/25/2009 5:52:04 PM
From: loantech  Read Replies (1) | Respond to of 130
 
Ok what trade helps us in the lowly masses? I have gold stocks located in Canada and the USA and Aussie land. One silver stock all USA based.Hoping that gets me through!



To: Box-By-The-Riviera™ who wrote (5)10/26/2009 10:20:26 PM
From: kimberley1 Recommendation  Read Replies (1) | Respond to of 130
 
another long, but most interesting read...this was written in 1999 - history repeats.

In the wake of the Mexican and Asian currency turmoil, the subject of financial crises has come to the forefront of academic and policy discussions. This paper analyzes the links between banking and currency crises. We find that: problems in the banking sector typically precede a currency crisis--the currency crisis deepens the banking crisis, activating a vicious spiral; financial liberalization often precedes banking crises. The anatomy of these episodes suggests that crises occur as the economy enters a recession, following a prolonged boom in economic activity that was fueled by credit, capital inflows and accompanied by an overvalued currency.

mpra.ub.uni-muenchen.de