Friday, Aug 25, 2006
Nice broad round-up of the current situation on IRs
Firstrung: It's been a bad week for the US property market
"Central bankers today look suspiciously like Santa Claus. They provide more booze and nibbles when the party starts to run low. They nurse bubbles like doting grandparents."
Posted by tyrellcorporation @ 04:14 PM (2060 views) Add Comment
7 Comments
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1. paul said...
Gosh we were saying this on HPC six months ago, and being called cranks.
2. Retiredbanker said...
There is absolutely nothing that politicians will not do to defer the day of reckoning and cling to power.
Snouts in the trough!
3. Surfgatinho said...
Interesting to see what the dollar does if they lower interest rates. My guess it will be caned!
4. indiablue19 said...
So there's already a company putting a store front and a slick veneer to the "soft landing," "orderly decline," "manageable chaos," -- whatever the euphemism happens to be this week. How enterprising of them.
5. indiablue19 said...
By the way, headline refers to US market; attached article is about UK????
6. monty said...
The link above is to the Breaking News section of the site.
Here is the link to the article.
http://firstrung.co.uk/articles.asp?pageid=NEWS&articlekey=2719&cat=47-0-0
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