Wednesday, Mar 14, 2007
Making sense of the markets
Financial Sense Online: World Liquidity Crisis Emerging
With the unraveling of the Yen carry trade, a sequence of events has been set in motion for a world liquidity crisis (and in case you were wondering, yes, this will pop the UK housing bubble). Combining this with ongoing pressure from US sub prime deterioration will further harm confidence in US and consequently Asian stock markets.
Warning: blog article, but very informative.
Posted by harold @ 10:41 PM (139 views) Add Comment
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