BOOMERBUSTER

BOOMERBUSTER
OLD CELLO

Sunday, December 19, 2010

RE S KOREA SLOWING FOREIGN MONEY FLOWS

So much for sparking growth or hiring in the US:

"Of particular worry to developing economies has been the Federal Reserve's move to purchase $600 billion of U.S. government bonds in a bid to spark growth and hiring in the United States, an increase in global liquidity they fear will wash into their markets."

That money won't wash in as growth or hiring in the US.

No comments:

Post a Comment