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

To: carranza2 who wrote (64790)	7/19/2010 5:32:50 AM
From: elmatador	Respond to of 217734

CB's hoarding are in the wrong countries. Again my theory of capital hogging is proved right. He is talking about OECD countries. Not emerging markets! "Banks are frightened. They would rather keep cash in their account than lend it to entrepreneurs. Businessmen are frightened. Overcapacity, low demand, and the instability of credit make them prefer to keep cash on hand rather than invest and expand. Households are frightened. Rising unemployment and the overhang of debt from the boom make most of us want to pay off our debts rather than incur new ones. Our animal spirits do not bode well for recovery."