PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 13th May 2009, 18:09
  #2380 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
Posts: 15,058
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Sorry - the bond market says no.

By printing money and dropping interest rates to the underlay they've bought a little bit of time and averted the immediate failure of the worlds banking system and a Depression.

However, the stench from all that newly printed money will soon become overpowering.

This is a long way from over.

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