Showing posts with label financial crisis. Show all posts
Showing posts with label financial crisis. Show all posts
Monday, June 8, 2009
QE liquidity goes abroad
According to Chris Woods on RGEmonitor.com, most of the liquidity from Quantative Easing will not benefit American or British consumers, but will be channelled into Asian equities, causing a bubble. Asian stock markets are on the way up, having partially decoubpled from the West, whereas the Western markets are going down.
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