Racing Towards Zero
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Source:
Fed Weighs Its Options as Europe Cuts Rates
JOELLEN PERRY and JON HILSENRATH
WSJ, DECEMBER 5, 2008
http://online.wsj.com/article/SB122843724270881449.html
>
Source:
Fed Weighs Its Options as Europe Cuts Rates
JOELLEN PERRY and JON HILSENRATH
WSJ, DECEMBER 5, 2008
http://online.wsj.com/article/SB122843724270881449.html
December 5th, 2008 at 12:12 pm
Now I’d love for someone to explain how you can get a depression when central banks are working in unison.
December 5th, 2008 at 12:17 pm
John:
Pushing on a string.
The tide turned. Just a question of how long it takes for the slack to come out. Otherwise, they’ll push till the cows come home.
Chuck