Friday, January 23, 2009
Market disruptions ahead
Short View: Currency interventions
John Authers's thoughts on forex manipulation. Very interesting in the context of the currency discussions here. A bit dry but I know you love it.
Posted by letthemfall @ 01:54 PM (913 views)
4 thoughts on “Market disruptions ahead”
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gardeniadotnet says:
Who trusts what Timothy Geithner says?
will says:
Many economists are now talking the FTSE 100 down to around 2500. A level last visited 21 years ago in 1987 just prior to the crash.
If this happens, it will not be houses, pensions or jobs to worry about, but major public disorder. Very real and very scary.
str 2007 says:
Will
What you said has no relevance to the post but I’m interested as I have a similar theory to where the ftse will end up.
Techieman I believe also has an opinion of a significant fall approaching – although I’d best leave that for him to comment on.
You say though many economists are talking the FTSE down to 2500 – I personally haven’t seen any say this, can you enlighten me.
Anyone else
Countries around the world seem to think it would be better to have a weaker currency to boost exports, but surely Japan for example can’t just devalue it’s currency can it, particularly with very low interest rates in place.
Surely they’d have to completely screw their economy up first and get the rest of the world to loose faith in it first – like us.
Crunchy says:
Currency interventions.
Wait and SEE what’s on the cards.