Monday, Mar 05, 2007
Jap's IR rise could cause system collapse
Lyndon La Rouche: Japan's Interest-Rate Hike
Despite the illusions of small investors who are being led by the nose, allowing themselves to be blinded by record numbers on the stock markets; and despite the promises of countless analysts, that the decision of the Japanese central bank to raise interest rates from 0.25 to 0.5% would have only an insubstantial influence on the so-called "carry-trade," this rate increase could actually have a dramatic effect on the world financial system, and could even generate a systemic collapse.
Posted by cristiano barbaro @ 07:25 PM (168 views) Add Comment
1 Comment
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1. Tony Harvey said...
For the full & fascinating 2 page article referred to above which is mainly about the amazing & evil hedge ("Locust") funds article See http://www.larouchepub.com/hzl/2007/3409yen_carry.html