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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (27504)	6/30/2011 9:17:36 AM
From: Les H	Read Replies (2) \| Respond to of 119360

China's the cover story. It's the Fed. From two days ago, The Federal Reserve extended its program to provide emergency currency swap lines to the European Central Bank last week as the euro zone's sovereign debt crisis deepened... The swap lines allow foreign central banks, including the ECB, the Bank of England and the Canadian, Japanese and Swiss central banks to borrow an unlimited amount of dollars for a fee and lend them out to banks in their home countries. reuters.com