Central Banks Working Together to Avert Crash
I agree with any concern that 'global bankers' are going to somehow do right by this world. I particularly understand concerns over an institution in this country called the Federal Reserve.
Maybe that's cynical. Maybe it's sound thinking. I still think any recession is a ways off, if recent history is a guide.
And remember, again, Black Monday. Remember the collapse, and how quickly money again poured in, raising the various indices. The Hong Kong market - remember - lost almost half its value. The 'industrials' index, here, lost almost a quarter of its value.
You'd have to see that 'industrials', again so-called, dip below 11 to see something similar, now. And that was just within a couple of days, about a week. What we're seeing now, is stretching out over many weeks, up one day, down the next. And what checks against programmed trading also are now in place as they were not then.
Topic: Central Banks scramble to prevent total crash (Read 541 times)