Dealbreaker Believes There is no Magic Pill to Fix the Problems of the World Economy
Dealbreaker has posted a short piece which deals with a subject that has become evident over the past year. It is the fact that world governments and central banks are impotent when it comes to fixing a problem that has been building up for years. When houses and everything else have been over-supplied on the basis of extremely loose lending standards where almost anyone (no matter their ability to repay) could get a loan, the problem becomes too enormous for anyone’s ability to “inject” anything without severe consequences.
Source:
http://dealbreaker.com/2009/02/the-flaccidity-of-central-bank.php
***
Related Posts
-
Helima Croft Says Oil Demand Concerns Trumping Iranian ActionsThe US supply picture has really changed the dynamics...
- July 20, 2019
-
Ensco Rowan PLC (ESV) Position Size IncreasedThe position in Ensco Rowan PLC (ESV) was increased...
- July 11, 2019
-
Imperial Brands PLC (IMBBY) Increased in the SMA PortfolioThe position in Imperial Brands PLC (IMBBY) was increased...
- June 2, 2019
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Gary Shilling’s Favorite Investment: 30 Year Treasuries
Larry Kudlow interviewed Gary Shilling last week. Shilling continues...
- June 23, 2011
